Get Partnership Firm Registration in Just @ 2999/-*
- Get it done in Just 7 Days* by Experts
- Free Support by CA/CS/Advocates
- Including PAN Card and GST Registration
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Customize Drafting
Customize your Partnership Firm Deed as per your requirement so that you can make it according to your way.
Lower Budget Requirement
In Partnership Deed Registration Lower charges are required to make it complete. You have to simple make a deed, get it register, apply for PAN. That's all.
No Compliance Burden
In Partnership Deed, there are no compliance requirements during the year. You have to file ITR after closing of FY or very few complince, if applicable.
Startup-Friendly
If you are testing your business and not sure about it, Online Partnership Registration is best for you. It does not attract any mandatory compliances which saves you unwanted penalties.
About Partnership Firm Registration.
Partnership Firm is the common and suitable kind of business structure. In India, partnerships are governed by Indian Partnership Act 1932. According to the Act Partnership is the relation among partners/individuals who agree to share the profits of the business as equal and the same for all. It requires a minimum of 2 partners and there is no limit to its maximum number. Before commencing a partnership firm, you must know that partnership firms are not separate legal entities. The partnership firm can't be debtor or creditor plus own property. It dissolves in some cases like when the number of partners decreases below 2, in case of death, incapacitation or withdrawal of a partner.
More DetailsFeatures of Partnership Firm Registration.
Before going for registration of Partnership Firm , you must have proper idea about its features, which are here as -
- Min 2 person Required.
- Can be create with minimal formalities.
- No Minimum Capital Required.
- Can Register at Residential Plase also.
- Sharing of Profit and Loss as agreed.
- Partners may resign any time*.
- Partners may join any time*.
- No Experties required to register.
- Can perform multiple business activities.
Documensts Required for Partnership Registration.
To Register a Partnership Firm in India, following documents are required for directors -
- For Partners-
- Copy of Adhaar card.
- Copy of PAN card.
- Email Address & Contact No.
- Passport Size Photo.
- Profit Sharing Ratio
- Detail of Business Activity
- For Office Address -
- Electric Bill of office Address
- Rent Agreement of office, If Any
Process of Registration
Following is private Limited Company Registration Process-
Submit All Documents
First you have to submit all your information and documents with us.
Prepare Draft Deed
There after expert will draft your customized deed.
Notary & Registration
Now make it Notary and register with Registrar and apply for PAN card thereafter. Finally you Partnership Firm is ready to perform its activities.
Benefits of Pvt Ltd registration.
Ease of Formation
Setting up a partnership firm is relatively easy and involves fewer formalities compared to other business structures. Here we have to draft a deed as per terms decided between partners.
Shared Responsibility
Partnerships allow for shared responsibility and management of the business. Each partner can contribute their skills, knowledge, and resources to the Firm's success.
Min Capital Contribution
Partners can pool their resources and capital, making funding the business's operations and expansion easier. However it is not mandatory to keep a fix amount to operate it.
Better Flexibility
Partnership Deed can be tailored to suit the specific needs and preferences of the partners. This flexibility allows partners to define their roles, profit-sharing arrangements, and decision-making processes.
Lesser Compliance
Partnership firms often have fewer regulatory compliance requirements compared to corporations. This can result in lower administrative costs and less paperwork which reduce burden from partners.
Easy Dissolution
Dissolving a partnership is relatively straightforward, primarily if the partnership agreement outlines the procedures for doing so. This can be advantageous if the partners decide to part ways.
Our Pricing
Simple & Easy Pricing.
Starter Plan
2999*
- Draft Deed
- PAN Card
- Advocate Help
- Invoicing Formats
- Registration Support
Premium Plan
4999*
- Draft Deed
- PAN Card
- Advocate Help
- Invoicing Formats
- Registration Support
- GST Registration
- MSME Registration
Corporate Plan
9999*
- Draft Deed
- PAN Card
- Advocate Help
- Invoicing Formats
- Registration Support
- GST Registration
- MSME Registration
- ITR Filing of Firm*
Post-Registration Requirements of Partnership Firm Registrations.
After the Partnership Firm is registered, there are a couple of additional steps to take so that you can make it operative.
More Details
Apply for PAN card
Once your Partnership Deed get register, immediatly you have to apply for PAN card of partnership firm.
Bank Account Opening
To maintain business details you have too open a bank acccount on the name of Partnership Firm so that you can keep business transactions there.
GST Registration, if Applicable
If your business touching the requirements to take GST then you have to also make application for GST Registration.
Yearly ITR Filing
You have to file Income tax Return of your Partnership Firm every year so that you can also keep records update with Income Tax Department.
Proprietorship vs. Partnership vs. Limited Liability Partnership (LLP) vs. Company. Types of Partnership Registration Status: Partnership Act does not require registration of partnership firms. Partnership Act does not mandate the registration of partnerships. Both registered and unregistered companies are valid and recognized by law. 1. Unregistered Partnership Firm: A company that is not registered is formed by the signing of an agreement by partners. The partnership company that is not registered permits the Partners to operate the business in the manner that is stipulated by the contract. 2. Registered Partnership Firm: The Partnership Firm must register with the Registrar of Firm (RoF) with jurisdiction over the location of business of the firm. The registration application requires paying the registration fees to RoF and varies between states in accordance with the State Law. A registered partnership company is often preferred because of the advantages offered through a partnership registered company. Based on the different types of partnerships mentioned above it is the responsibility of partners to determine what type of partnership is necessary to fulfil their goals and business needs.
| Features | Proprietorship | Partnership | LLP | Pvt. Ltd |
|---|---|---|---|---|
| About | It is a Sole Person Registration | It is register under Indian Partnership Act | It is Register under LLP Act | it is register under Companies Act, 2013 |
| Person Reqiuired | Only One Person | Minimum 2 person required | Minimum 2 person required | Minimum 2 person required |
| Personal Liability | Yes, Individual has personal Liability | Yes, Partners personal Liability is there | No Personal Liability | No Personal Liability |
| Capital Requirements | No Capital Required | No Capital Required | No Capital Required | No Capital Required |
| Budget Requirement | very Low Budget required | Decent budget Required | Decent budget Required | Decent budget Required |
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All TestimonialsGood work, I am happy with services - Legal Pillers for providing best services for 12A80G in economical prices and in a good speed way. The co-ordination between various team members is also remarkable. Even they all continuously follow up with calls and messages regarding the processes. Also one more good point is all the services are under one umbrella. Special thanks to Shweta, Kalpana, Priya & all the backend team member for execution.
By Vinay Dave
Empower Charitable Trust
It is really one of the best team, which give lot of respect in dealings and help us at every moment. Thank you legal pillers for helping us at every small steps.
By Deepak Kabra
Evolve Sang Foundation
"Startup entrepreneurs can definitely prefer & rely on the services of Legal Pillars for Incorporation of LLP/Companies. Good service by Ms. Sneha Kapoor."
Adi Swarup Patnaik
Amaravati Finsuraksha Nidhi Limited
We are from Hyderabad, Telangana State. We have taken Services of "Legal Pillers" for New Private Ltd Company Registration. We are extremely satisfied and delighted with their services. They are sincere, experienced and committed. Unquestionable Integrity. Our Interaction was with Ms.Sneha, Mr.Rohit and Ms.Jyostna, excellent team and keeps their word.
By Suresh Abraham
LOGOS EXPORT AND TRADING (P) LTD.
Very corporative and guides you in a proper way. This was my first time doing online legal services and out of all fear I had it turned out a boon for me. Hope you people keep the services same in future to. For a new startup u can believe them. Thank you once again
By Munna Prasad Gupta
Epicenter Innovations (P) Limited
Team Legal Pillers, I am writing to thank you for the quality of service provided by your company. I am sincerely appreciating your efficient, gracious customer service on registering my company. Specially I would like to Thank Ritika who always connected with me and explained in detail while registering company. I would refer my friends to legal Pillers to take best service in low cost.
By Aftab Ahmed Mulla
Czarlike Global Trade Source (OPC) P. Ltd
Good work, I am happy with services - Legal Pillers for providing best services for 12A80G in economical prices and in a good speed way. The co-ordination between various team members is also remarkable. Even they all continuously follow up with calls and messages regarding the processes. Also one more good point is all the services are under one umbrella. Special thanks to Shweta, Kalpana, Priya & all the backend team member for execution.
By Vinay Dave
Empower Charitable Trust
It is really one of the best team, which give lot of respect in dealings and help us at every moment. Thank you legal pillers for helping us at every small steps.
By Deepak Kabra
Evolve Sang Foundation
"Startup entrepreneurs can definitely prefer & rely on the services of Legal Pillars for Incorporation of LLP/Companies. Good service by Ms. Sneha Kapoor."
Adi Swarup Patnaik
Amaravati Finsuraksha Nidhi Limited
We are from Hyderabad, Telangana State. We have taken Services of "Legal Pillers" for New Private Ltd Company Registration. We are extremely satisfied and delighted with their services. They are sincere, experienced and committed. Unquestionable Integrity. Our Interaction was with Ms.Sneha, Mr.Rohit and Ms.Jyostna, excellent team and keeps their word.
By Suresh Abraham
LOGOS EXPORT AND TRADING (P) LTD.
Very corporative and guides you in a proper way. This was my first time doing online legal services and out of all fear I had it turned out a boon for me. Hope you people keep the services same in future to. For a new startup u can believe them. Thank you once again
By Munna Prasad Gupta
Epicenter Innovations (P) Limited
Team Legal Pillers, I am writing to thank you for the quality of service provided by your company. I am sincerely appreciating your efficient, gracious customer service on registering my company. Specially I would like to Thank Ritika who always connected with me and explained in detail while registering company. I would refer my friends to legal Pillers to take best service in low cost.
By Aftab Ahmed Mulla
Czarlike Global Trade Source (OPC) P. Ltd
Why Choose Legal Pillers?
We are India's most recognized Legal Tech platform. By connecting to our CA/CS experts, you can register your Partnership firm through our expert tax consultants' support.
Legal Piller's dedicated CA/CS panel provides numerous CA services through its online platforms
Legal Pillers help budding entrepreneurs by providing consultancy over New Company Registration, Firm Registration, or Start-up Registration. You don't need to visit our offices to get the inquiry physically.
Our professionals assist in all Kinds of Business Registration Services, Online CA services, Trademark Registration Services, protection of logos, Tax audits, Other Audits, bookkeeping and accounting, and all other Legal and Allied Works
Our priority is to make the customer satisfied with our services.
Pricing FAQ
If you don't see an answer to your question, you can send us an email from our contact form.
A partnership is a business structure where two or more individuals or entities come together to carry on a business with a shared goal of making a profit.
In many jurisdictions, partnerships do not require formal Registration. However, it's advisable to create a written partnership agreement to highlight the terms and responsibilities of each partner.
It is a legal document that outlines each partner's rights, responsibilities, and expectations. It typically covers profit-sharing, decision-making, dispute resolution, and other critical aspects of the Partnership.
You should consider registering a partnership when your local laws or regulations require it or if you want to operate under a specific business name (often known as a "doing business as" or DBA name).
Yes, partnerships can have more than two partners. There is no strict limit on a partnership's number of partners, but the rules may vary by jurisdiction.
In some jurisdictions, there are options for limited liability partnerships (LLPs), which provide some degree of limited liability protection for partners. However, the specifics vary by location.
The partnership agreement should outline the process for a partner leaving a partnership. Generally, it involves a buyout of the departing partner's interest or the dissolution of the Partnership if no agreement is in place.
Yes, a partnership can often be converted into another business structure, such as a Company or LLP. The process for conversion will depend on your local laws and regulations.
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