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Partnership Firm Registration

What is Partnership Firm Registration?

Partnership Firm Registration is the process of legally registering a business structure where two or more individuals manage and operate a business in accordance with the terms set in a Partnership Deed. It is one of the simplest forms of business entity in India, ideal for small and medium-sized businesses.

  • Easy to form and operate with minimal compliance
  • Governed by the Indian Partnership Act, 1932
  • Enables shared responsibility and profit sharing
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We deliver trusted, professional, and secure business registration services.

5+ Years of Excellence

Trusted by businesses for reliable and accurate registration solutions.

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Confidential & Secure

Your business data is handled with strict confidentiality and security.

Documents Required

Essential Documents For Partnership Firm Registration

PAN Card of Partners

PAN card copies of all partners are mandatory for registration.

Aadhaar Card of Partners

Identity and address proof for all partners.

Partnership Deed

A duly signed partnership deed outlining terms and conditions.

Address Proof of Firm

Utility bill, rent agreement, or property papers for business address.

Photographs of Partners

Recent passport-sized photographs of all partners.

Bank Account Proof

Bank statement or cancelled cheque of the partnership firm.

Partnership Firm Registration Process

Step 1: Draft Partnership Deed

Prepare and sign the partnership deed among all partners.

Step 2: Application Submission

Submit application and documents to Registrar of Firms.

Step 3: Verification

Registrar reviews documents and deed for compliance.

Step 4: Registration Certificate

Receive Certificate of Registration for your firm.

Benefits of Partnership Firm Registration

Shared Responsibility

Partners share responsibilities, resources, and profits, making management easier.

Simple Compliance

Minimal legal formalities and compliance compared to companies.

Cost Effective

Low registration and operational costs make it ideal for startups and SMEs.

Frequently Asked Questions (FAQs)

Registration is not mandatory but highly recommended. An unregistered firm cannot enforce its rights in court.

A minimum of two partners is required. The maximum number is 20 for most businesses.

A Partnership Deed is a legal document that outlines the rights, duties, and profit-sharing ratio among partners.

Yes, a partnership firm can be converted into an LLP or a Private Limited Company as per legal procedures.

It usually takes 7-10 working days, provided all documents are in order.

Partnership firms are taxed separately from their partners at a flat rate as per the Income Tax Act. Partners are also taxed on the share of profit received.

Yes, a partnership firm can hire employees and must comply with applicable labor laws and regulations.

Yes, a partnership firm can open a bank account in its name by providing the Partnership Deed, registration certificate (if registered), and PAN card.

Partnership firms must file income tax returns annually and comply with GST and other statutory requirements as applicable.

Yes, a foreign national can be a partner in an Indian partnership firm, subject to compliance with FEMA regulations and approval from the Reserve Bank of India.
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