Partnership Firm Registration in India

Register your partnership firm with filingsbaba. Get GST, MSME registration, current account and more with expert assistance.

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1500+ Partnerships Registered

What is a Partnership Firm?

A partnership firm is a business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed.

Key Features of Partnership:

• Minimum 2 partners required (max 20)
• Governed by Indian Partnership Act, 1932
• Partners share profits and losses
• No minimum capital requirement
• Partners have unlimited liability

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Partnership Deed Drafting

Expert drafting of partnership deed with all clauses

Quick Registration

Complete registration in 7-10 working days

Affordable Pricing

Starting at just ₹2,999 all-inclusive

Dedicated CA

Expert assistance throughout the process

Benefits of Partnership Registration

Why choose partnership firm for your business?

Easy to Form

Simple registration process with minimal compliance requirements compared to companies.

Shared Responsibility

Workload, risks and decision making is shared among partners.

Low Cost

No minimum capital requirement and lower registration cost than companies.

Flexibility

Partners can decide terms of operation through partnership deed.

Credibility

Registered partnership gains trust from customers and vendors.

Bank Account

Can open current account in firm's name after registration.

Partnership Registration Process

Simple 4-step process to register your partnership firm

1

Document Collection

Share PAN, Aadhaar, address proof and photos of all partners. Our expert will verify them.

2

Partnership Deed Drafting

We draft the partnership deed with all clauses as per your business requirements.

3

Registration (Optional)

Register the partnership deed with Registrar of Firms (optional but recommended).

4

GST & Bank Account

Assistance with GST registration and current account opening in firm's name.

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Documents Required

List of documents needed for partnership registration

For All Partners:

• PAN Card (Copy)
• Aadhaar Card (Copy)
• Passport Size Photo
• Address Proof (Electricity Bill/Rent Agreement)

For Registered Office:

• Electricity Bill (Not older than 2 months)
• NOC from Owner (If rented)

Partnership Deed Contents

Key clauses included in your partnership deed

• Name and address of the firm
• Names and addresses of all partners
• Nature of business
• Date of commencement
• Capital contribution by each partner
• Profit-sharing ratio
• Rights and duties of partners
• Salaries/remuneration to partners
• Admission/retirement of partners
• Dissolution of firm
• Dispute resolution mechanism

Partnership Registration Packages

Choose the package that fits your requirements

Basic

₹2,999

+ Govt. Fees

• Partnership Deed Drafting
• MSME Registration
• Bank Account Assistance
• GST Registration
• Firm Registration

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Standard

MOST POPULAR

₹4,999

+ Govt. Fees

• Partnership Deed Drafting
• MSME Registration
• Bank Account Assistance
• GST Registration
• Firm Registration

Get Started

Premium

₹7,999

+ Govt. Fees

• Partnership Deed Drafting
• MSME Registration
• Bank Account Assistance
• GST Registration
• Firm Registration
• GST Returns (3 months)
• Trademark Consultation

Get Started

Not sure which package you need? Talk to our expert

What Our Customers Say

Trusted by 8,500+ business owners across India

"filingsbaba made our partnership registration so smooth. The partnership deed was drafted perfectly covering all aspects of our restaurant business. Highly recommended!"

Arun & Neha Patel

Restaurant Owners, Mumbai

"Excellent service! We were three partners starting our IT business. The CA explained everything clearly and got all registrations done quickly."

Rahul Sharma

IT Services, Bangalore

"Good experience overall. The team was responsive and completed all formalities within promised timeline. The partnership deed was comprehensive."

Priya & Rohan Gupta

Fashion Boutique, Delhi

Frequently Asked Questions

Find answers to common questions about partnership registration

What is a partnership firm?

A partnership firm is a business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed. It is governed by the Indian Partnership Act, 1932.

Is registration mandatory for partnership firm?

No, registration of a partnership firm is not mandatory under Indian law. However, registered partnership firms enjoy certain benefits like the ability to file suits against third parties and other partners. Most banks also require registration for opening a business bank account.

What is the difference between partnership and LLP?

Key differences:
- Partners have unlimited liability in partnership but limited in LLP
- LLP is a separate legal entity while partnership is not
- LLP registration is mandatory while partnership is optional
- LLP has more compliance requirements than partnership

How many partners can a partnership firm have?

A partnership firm must have minimum 2 partners and can have maximum 20 partners for general businesses. For banking business, the maximum number of partners is 10 as per Banking Regulation Act.

Can a partnership firm be converted to LLP?

Yes, a partnership firm can be converted to LLP. The process involves obtaining DIN/DPIN for all partners, getting DSC, name approval and filing Form 17 with ROC. filingsbaba can assist with the complete conversion process.

What is the validity of partnership firm?

A partnership firm continues to exist until it is dissolved as per terms of the partnership deed or by mutual agreement of partners. The death, retirement or insolvency of a partner may dissolve the firm unless the deed provides otherwise.