Partnership Firm Registration

Partnership Firm Registration

Overview

A Partnership Firm is registered under the Partnership Act, 1932. It is not a separate legal entity from its members, it is a collection of legal rights of the individuals who formed it.

A Partnership Firm comprises individuals in business partnership carrying on business under a common name. It is one of the simplest structures to start a business in India.

Simple Pricing With Deliverables

Silver

3,999

Time Line : 5–7 days

  • Unregistered partnership deed
  • PAN Card
  • TAN
  • Udyam Aadhaar

Gold

6,999

Time Line : 5–7 days

  • Application to RoF in Form A
  • Converted Marathi deed

Platinum

8,999

Time Line : 10–15 days

  • Application to RoF Form A
  • Converted Marathi Deed
  • PAN, TAN, Udyam Aadhaar
  • GST Registration

Diamond

19,999

Time Line : 10–15 days

  • Everything in Platinum
  • Startup India DPIIT Recognition
  • Trademark Application

Our Process

For Partnership

01

Step 1

Collect Documents

Gather KYC and registered-office documents.

02

Step 2

Draft Partnership Deed

Draft the deed capturing contributions, profit sharing, and operational terms.

03

Step 3

Execute Deed

Execute the deed on appropriate stamp paper, with all partners' signatures.

04

Step 4

Apply for PAN & TAN

Obtain firm-level PAN and TAN.

05

Step 5

Marathi Conversion (Maharashtra)

Convert deed to Marathi if required by the local RoF.

06

Step 6

File RoF Form A

Submit registration application with the Registrar of Firms.

07

Step 7

Get RoF Certificate

Receive acknowledgement, followed by the registration certificate.

Documents & Information Required

For Partnership

Partnership Firm Details

  • Name of the firm and significance
  • Object of the firm
  • Contributions and profit-sharing ratio
  • Office address proof (not older than 1 month) with utility bill
  • NOC from owner

Partners Details

  • Name, address and designation of every partner
  • Profit-sharing ratio of every partner
  • Email and mobile number
  • Photographs, PAN and Aadhaar of every partner

Features

of Partnership

Mutual Agency

All partners are agents of each other; partners can bind the firm and each other through their actions.

Lesser Compliance

No mandatory annual audit or returns under the Partnership Act. The firm can also adopt the presumptive scheme under the Income Tax Act.

Easy to Form

Minimal paperwork and very low setup cost. Can be operational within a week.

Flexible Profit Sharing

Profit sharing ratio is decided by the partners through the partnership deed, completely flexible.

Frequently Asked Questions

A copy of the partnership deed certified by a Chartered Accountant or Advocate is sufficient. Stamp paper used for the deed must be dated within one month of execution and filing with the Registrar of Firms.

Ready to get started?

Get in touch with our team. We'll walk you through the process, the documents, and the pricing, no obligation.