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Partnership Firm Registration Start Your Own Firm Now

Start a partnership firm in India quickly and within one working day. Our consultation and support are available nationwide. We assist in drafting the partnership deed and obtaining the firm’s PAN, TAN, and GST Registration. Talk to our startup advisors for a quick and hassle-free start to your firm.

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Partnership Firm

Get Started with Partnership Firm Establishment

A Partnership Firm is a business entity established and regulated under the Indian Partnership Act of 1932. The Act defines a “Partnership” as a relation between two or more individuals who have agreed to share the profits and liabilities of a business. Such individuals are called “partners”, and the business they carry out in “Partnership” with one another is called a Partnership Firm. The basis of a Partnership Firm formation is a Registered Partnership Deed. It is a written document where all the terms and conditions mutually agreed between the partners are mentioned.

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Checklist & Documents

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To establish a Partnership Firm, you need to meet specific minimum requirements. These include the number of partners, the firm’s name, and its registered office. Below is the table listing the minimum requirements for forming a partnership firm and the documents required for registration as a partnership firm in India. The partners must fulfill both of these requirements to establish, incorporate, and operate a Partnership firm smoothly.

Minimum Requirements

  • At Least 2 Partners
  • Maximum 20 Partners
  • A Unique and Valid Name of the Firm
  • A Registered Office in the State
  • Partnership Deed
  • Trustworthy
  • High integrity
  • Providing The best service
  • Global reach of our business
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Documents Required

Documents of Partners

  • PAN Cards
  • Aadhar Cards
  • Coloured Photographs
  • ID Proofs
  • Address Proofs

Documents Required

Documents of Registered Office

  • Proof of Address
  • NOC from the Property Owner
  • Rent Agreement/Property Tax Receipt

Documents Required

Legal Documents

  • Partnership Deed

Partnership Firm

What is a Partnership Deed?

A partnership deed is a formal agreement that outlines the rights, duties, profit sharing, and other obligations of the partners in a partnership. It can be in written or oral form, but it is generally recommended to have a written partnership deed to prevent any potential conflicts in the future:

The partnership deed should include the following details:

Along with the specified fees, an application form must be completed with the Registrar of Firms of the State in which the firm is located. All partners or their agents must sign and verify the registration application. The application, which includes the following information, can be mailed or delivered to the Registrar of Firms. 

  •  Name and address of the firm and all the partners.
  •  Nature of the business.
  •  Date of starting the business.
  •  Capital contribution by each partner.
  •  Profit/loss sharing ratio among the partners.

the partnership deed may include specific clauses to address certain aspects and avoid conflicts. These may include:

  1. Interest on Capital Invested, Partner’s Drawings, or Any Loans Provided by Partners to the Firm.
  2. Salaries, Commissions, or Other Amounts Payable to Partners.
  3. Rights and Responsibilities of Each Partner, Including Any Additional Rights Granted to Active Partners.
  4. Duties and Obligations of All Partners.
  5. Procedures to Be Followed in the Event of a Partner’s Retirement, Death, or Dissolution of the Firm.
  6. Any Other Clauses Agreed Upon by the Partners Through Mutual Discussion.It is Important to Include All Relevant Details and Provisions in the Partnership Deed to Ensure Clarity and Avoid Disputes Among the Partners.

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  • Phone : (+62) 81 314239
  • Location : Jalan Sunset Road No. 20
  • Email : investmoon@domain.com

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