Partnership Firm Registration Online in India
With Legal EFilings, you can get your Partnership firm deed drafted in just 7 Days at the best price of ₹1,999.
- Certificate of incorporation
- PAN & TAN
- MOA & AOA Drafting
- ESIC & PF Registeration
10,000+ Businesses Incorporated
Get Instant Quote Now
Easy Payment Options Available No Spam. No Sharing. 100% Confidentially
Private Limited Company Process
Day 1 - 2
We will collect all the necessary data and documents from you.
Day 3 - 5
We will draft the deed for your approval.
Day 6 - 8
We will complete all registration formalities with the government authorities.
Prerequisites for a Partnership Registration
We need to make certain that the following are in place before we begin the process of building Partnership Registration:
- Individuals, businesses, legal entities, and societies are all acceptable forms of partnership registration.
- Individuals engaged with Association Enlistment development ought not be excluded under any regulation.
- The activities of the Partnership Registration should be in accordance with the provisions of the Indian Partnership Act 1932.
Right Plan for your Business
Our Experts will help you to register your Partnership Firm in less than 7 days.
Premium
A complete deal with company incorporation, ROC compliances, and GST Filing.
₹13999
28% off
₹9999 +Govt. Fee
What You'll Get
- Partnership Deed Drafting
- Partnership PAN
- Partnership TAN
- Expert Consultation
- GST Filing for 12 Months
- Income Tax Return Filings
- Financial Drafting
- Trademark Registration
- ISO Certification
- MSME Registration
*Note: Stamp duties and Notary charges are excluded. T&C
What is Partnership Firm ?
- Partnership firm is a business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in the Partnership Deed. It is owned, managed and controlled by an Association of People for profit. Partnership firms are relatively easy to start and prevalent amongst small and medium-sized businesses in the unorganized sectors. Partnership firms are created by drafting a Partnership deed amongst the Partners and by a registered Partnership deed, LEGALEFILINGS can help you to start a Partnership firm in India.The Indian Partnership Act, 1932 governs and regulates partnership firms in India. The persons who come together to form the partnership firm are knowns as partners. The partnership firm is constituted under a contract between the partners. The contract between the partners is known as a partnership deed which regulates the relationship among the partners and also between the partners and the partnership firm.
Get Instant Quote Now
Easy Payment Options Available No Spam. No Sharing. 100% Confidentially
Documents Required
Identity and Address Proof
- Scanned copy of PAN card and Aadhar Card
-
Scanned copy of the latest bank statement/telephone
or mobile bill/electricity or gas bill
Registered Office Proof
- Scanned copy of the electricity or gas bill
- Scanned copy of NOC or notarised rental agreement
Partnership firm Registration Benefits
Shared Responsibilities:The word Partnership itself describes individuals coming together for some common business object. The partners share the responsibility to work and manage the business together. Responsibilities for a particular field or task can be assigned to one or more partners by indicating the same in a Partnership Deed.
Operating Flexibility:A Partnership firm is operated on the basis of the Partnership deed executed by the partners, mutually. The partners can decide how to operate the business with their mutual consent. Also, the Partnership Deed can be changed according to the requirement even after partnership deed registration is completed.
Pre-defined Object or Period:At the time of registering a Partnership firm, the deed enumerates the pre-defined business objectives and activities, which is the main aim to commence business. A partnership can be formed within a specified period or to complete a specific project or object. Once the same is completed, the partnership will automatically stand dissolved.
Various Financial Returns to the Partners:Partners involved with the firm get various types of returns for their capital as well as their individual efforts. The working partner also receives remuneration in addition to the interest on capital and share of profit, as may be agreed by the partners. Also, the share of profit from partnership firm is exempt for the partner receiving it.
Trusted by most innovative companies
Loved by thousands of businesses
Akhilesh Yadav2024-06-01Good Team work
Annu Sharma2024-06-01Remarkable at offering tailored solutions for private limited company registration, addressing our unique business needs
SACHDEV VK2024-05-30Excellent service, in time with quality and commitment
Singh2024-04-17You tried your best at your level, I am very happy with your service and hope to continue getting your full support in the future. Thanx…
Ritesh Srivastava2024-03-30Good service and support
CHANCHAL VERMA2024-03-30Professional behaviour and mannered staff
Deepak Singh2024-03-30the team is very good they provide full information and the team members are very knowledgeable
Akash Pal2024-03-14great
Frequently Asked Questions
Yes, a partnership firm can be converted into a company in India. Companies Act, 2013 allows you to convert your partnership firm into company after following specific procedures and requirements for the conversion.
No An audit is mandatory for all partnership firms in India if turnover exceeds ₹1 crore in case of a business, or ₹50 lakhs in case of a profession, during a financial.
No, gst is mandatory for all partnership firms in India if turnover exceeds ₹40 crore in case of a business, or ₹20 lakhs in case of a services, during a financial year, there are few exceptions to it for example like if you supply inter state then you must apply for gst registration etc
Yes, The biggest disadvantage of the partnership firm is having an unlimited liability of the partners. The partners have to bear the loss of the firm out of their personal estate.
No, the preparation of a Partnership Deed is not compulsory for registering a partnership firm. It is a document that outlines the rights, duties, and responsibilities of each partner and the terms of the partnership. But it is recommended to draft a deedThe partners have to bear the loss of the firm out of their personal estate.
