Partnership Firm
A partnership Firm is an association of two or more persons to carry on business with combined finance, skill and ability with the purpose of operating business for mutual benefits. They share profit, bear loss and pay liability as prescribed in agreement. They jointly decide the objective of the firm, amount of capital and share of profit and loss.
Partnership firms should be registered as per the provision of Partnership Act, 2020.
Documents required for the registration of Partnership firm:
| S.N | Documents list |
| 1. | Application form in prescribed format. |
| 2. | Agreement among partners (Partnership Deed): 3 copies |
| 3. | Certified copy of Nepali citizenship certificate of each partner |
| 4. | Recent passport sized photo of each partner: 3 copies each |
| 5. | Concerned partners must be self-present with original citizenship |
The general process map to register the Partnership Firm are:
| Steps | Procedure |
| First | Submission of an application form disclosing the following details:
|
| Second | Payment of registration fee: Payment should be done to the concerned department as prescribed by the law along with the application form. |
| Third | Obtaining the Registration Certificate of a Partnership Firm. |
The registration fee for the registration of partnership firms varies according to the provincial laws. The registration fee as per the Partnership Act, 2020.
| S.N | Capital Amount | Registration Fee |
| 1. | Upto Rs.1,00,000 | Rs.600 |
| 2. | More than Rs.1,00,000 and up to Rs.3,00,000 | Rs.2,000 |
| 3. | More than Rs.3,00,000 and up to Rs.5,00,000 | Rs.4,050 |
| 4. | More than Rs.5,00,000 and up to Rs.10,00,000 | Rs.7,500 |
| 5. | More than Rs.10,00,000 and up to Rs.50,00,000 | Rs.10,000 |
| 6. | More than 50,00,000 | Rs.15,000 |
Online Registration Process:
1. Enter Webpage: https://www.doc.gov.np/
2. Create a username and ID via https://online.doc.gov.np/onlineuser/Login
3. Fill in the details of the firm.
The application form requires to disclose the following information:
- Full address of the Partnership firm
- Full contact details of the Partnership Firm
- Name and Address of the main partner who will be representing the Partnership firm.
4. Fill in the details of the Entrepreneur.
The application form requires to disclose the following information:
- Name, Full Permanent and Temporary addresses, Gender
- Citizenship Certificate no., Issue Date and District
- Name of Father, Grandfather and details of Spouse.
- Goods to be transacted by the Partnership firm.
- Source of Investment
- Employment Capacity
- Branch
5. Upload the following documents.
Documents list:
- A scanned copy of Citizenship Certificate
- Recent passport size photo
- Partnership Deed
- Business Approval
Renewals: An application form shall be submitted to the concerned department for the Renewal of the firm within a period of 35 days.
Applicable renewal fee as per the Partnership Act, 2020:
| Capital Range | Applicable fees |
| Upto Rs.1,00,000 | Rs.100 |
| More than Rs.1,00,000 to Rs.3,00,000 | Rs.125 |
| More than Rs.3,00,000 to Rs.5,00,000 | Rs.150 |
| More than Rs.5,00,000 to Rs.1,00,00,000 | Rs.200 |
| More than Rs.1,00,00,000 to Rs.5,00,00,000 | Rs.250 |
| Above Rs.5,00,00,000 | Rs.300 |
