Service image: Partnership Registration1200 × 630 px
Start a business with partners you trust
A partnership firm is governed by the Indian Partnership Act, 1932. It is simple to start and run, which makes it a common choice for small trading and service businesses. Registration with the Registrar of Firms is optional, but strongly recommended.
Why register your firm
- A registered firm can take legal action against third parties to enforce contracts; an unregistered firm cannot
- Banks and clients trust registered firms more
- Easier conversion to an LLP or company later
Documents you'll need
- PAN card and Aadhaar of all partners
- Passport-size photographs
- Business address proof with NOC or rent agreement
- Partnership deed (we draft it for you)
What we handle
- Drafting the partnership deed with profit sharing, capital and roles
- Stamp duty and notarisation of the deed
- PAN application for the firm
- Filing with the Registrar of Firms in your state
Frequently asked questions
How many partners can a firm have?
At least 2 and up to 50 partners.
Is partners' liability limited?
No. Partners in a firm have unlimited liability. If you need limited liability, consider an LLP.
How long does registration take?
Usually 2 to 4 weeks, depending on the state's Registrar of Firms.