Simple & Cost-Effective Business Structure
Partnership Firm Registration
A Partnership Firm is one of the oldest and simplest business structures in India. It is governed by the Indian Partnership Act, 1932 and is ideal for small businesses with 2 or more owners who want to share profits and responsibilities.
- Typically 5-7 working days
- Expert CA/CS support
- Simple structure
- Low compliance
- Partnership deed drafting
- Stamp duty guidance
- PAN registration
- Bank account assistance
// Why choose this
Benefits
- Easy and quick to form
- Minimal compliance requirements
- Shared management and resources
- No minimum capital requirement
- Flexible profit sharing ratio
- Lower registration costs than company
// Step by step
How it works
- 01
Draft Partnership Deed
Day 1-2Prepare partnership deed with all terms
- 02
Stamp Duty
Day 2-3Execute deed on stamp paper of required value
- 03
Notarization
Day 3-4Get deed notarized by notary public
- 04
Firm Registration
Day 4-6Optional but recommended — register with Registrar of Firms
- 05
PAN & Bank Account
Day 5-7Apply for firm PAN and open current account
Timelines are typical and depend on government processing.
// Keep these ready
Documents required
- PAN Cards of all partners
- Aadhaar Cards of all partners
- Address proof of partners
- Partnership Deed (drafted by us)
- Bank account opening documents
- Address proof of business
Upload them from your phone after you start. Your expert tells you if anything else is needed.
// Questions
Frequently asked questions
Is registration mandatory for partnership firm?
No, registration is optional under Indian Partnership Act. However, an unregistered firm cannot file suits against third parties. Registration is highly recommended.
How many partners can a firm have?
Minimum 2 partners required. Maximum 50 partners allowed for a partnership firm (as per Companies Act 2013).
What is a partnership deed?
Partnership deed is the written agreement between partners that governs the firm — profit sharing ratio, capital contribution, roles, and dispute resolution.
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