Partnership Firm Registration Online in India
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Register your partnership firm online in India and start your business legally
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100% online registration process with senior expert support
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Get access to legal recognition, tax benefits, and business support
*Professional Fees. EMI Option Available.
Starter
2,499₹Every monthIdeal for starting Partnership registrationValid for 3 months- Expert assisted process
- Partnership deed drafting in 3 days
- Deed submission to the local registrar on your behalf
- PAN Card
- Zero balance current account with 7% interest
Standard
4,999₹Every monthPerfect for Partnership registration + GST registrationValid for 3 months- Expert assisted process
- Partnership deed drafting in 3 days
- Deed submission to the local registar on your behalf
- PAN Card
- GST registration
- GSTR-1 & 3B for 12 months(Up to 300 transactions)
- Accounting software (1 year license)
- Zero balance current account with 7% interest
Premium
8,799₹Every monthComplete solution for Partnership registrationValid for 3 months- Dedicated account manager
- Partnership deed drafting in 3 days
- Deed submission to the local registar on your behalf
- PAN Card
- GST registration
- GSTR-1 & 3B for 12 months(Up to 300 transactions)
- Accounting software (1 year license)
- Zero balance current account with 7% interest
- Trademark Registration for your Brand
- ITR Filing for one financial year (Up to 10 lakhs)
Partnership Firm Registration
Partnership Firm Registration is the legal process of registering a business owned and managed by two or more individuals under the Indian Partnership Act, 1932. Registration provides legal recognition to the partnership, ensuring smooth business operations and compliance with Indian laws. A registered partnership firm gains greater credibility with professionals, clients, and business associates due to its transparency and lawful status. This formal setup also enables the firm to take legal action, enforce contracts, recover dues, and protect its rights effectively. itrfilingwala.com offers expert support for partnership firm registration, ensuring timely completion and full legal compliance, so you can concentrate on expanding your business with confidence.
What is Partnership Firm Registration?
Partnership firm registration refers to the process of registering a business under the Indian Partnership Act, 1932, where two or more individuals agree to jointly run a business and share its profits and liabilities.
This process involves drafting a partnership agreement and registering it with the Registrar of Firms at the state level. Although registration is not compulsory, it is highly recommended as it provides legal protection, clearly defined rights, and a structured mechanism for resolving disputes.
An unregistered partnership firm can operate legally but faces limitations in enforcing contracts and legal claims. In contrast, a registered partnership firm enjoys full legal recognition, enhanced credibility, and easier access to banking facilities and government services, making business operations smoother and more secure.
Benefits of Registering a Partnership Firm
Registering a partnership firm offers formal legal status, ensuring a well-defined and transparent business framework. With itrfilingwala.com, businesses can benefit from simplified compliance, tax benefits, and enhanced trust among stakeholders.
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Legal recognition – Provides statutory proof of the firm’s existence under the Indian Partnership Act, 1932
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Bank account in the firm’s name – Enables seamless financial transactions and builds professional credibility
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PAN card for the partnership – Essential for filing income tax returns and meeting statutory requirements
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Eligibility for MSME registration – Unlocks access to government schemes, subsidies, and business loans
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Right to legal remedies – Registered firms can enforce contractual rights and resolve disputes through courts
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Enhanced market credibility – Strengthens confidence among investors, suppliers, customers, and banks
With itrfilingwala.com, partnership firm registration becomes simple, reliable, and hassle-free.
Eligibility for Partnership Firm Registration in India
To register a partnership firm under the Indian Partnership Act, 1932, certain legal conditions must be satisfied. A partnership business can be formed by two or more competent persons or entities who enter into a valid agreement. The eligibility criteria for forming a partnership firm are as follows:
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A minimum of two partners is required; there is no maximum limit prescribed by law.
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Partners may be individuals, companies, or LLPs.
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Foreign nationals and minors are not permitted to become partners in a partnership firm.
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As per the Indian Contract Act, 1872, partners must be of sound mind, legally competent, not disqualified by law, and at least 18 years of age.
Meeting these requirements ensures the legal validity of the partnership firm and smooth registration.
Documents Required for Partnership Firm Registration
To register a partnership firm, certain essential documents are required, including the partnership deed, along with the identity and address proofs of all partners. These documents are necessary to ensure a smooth registration process and to provide official legal recognition to your firm.
Step-by-Step Process for Partnership Firm Registration
To register a partnership firm in India, you must follow a defined process under the Indian Partnership Act, 1932. Below is a simple step-by-step overview to guide you through the registration process:
Step 1: Draft the Partnership Deed – Prepare a legal document outlining the roles of partners, profit-sharing ratios, and business terms. The legal experts at itrfilingwala.com create a customised and legally compliant partnership deed suited to your business requirements.
Step 2: Collect Required Documents – This includes identity and address proofs of all partners, along with proof of the firm’s address. itrfilingwala.com provides a complete document checklist and assists in verification.
Step 3: File Application with the Registrar of Firms – Submit the application form along with the partnership deed and supporting documents. Our team manages the entire filing process to ensure accuracy and timely submission.
Step 4: Pay Applicable Government Fees – Fees vary by state. We calculate the exact charges and facilitate secure and prompt payments.
Step 5: Registrar Verification – The submitted documents are reviewed for compliance. Our team coordinates with the Registrar and resolves any queries efficiently.
Step 6: Obtain Certificate of Registration – Once approved, your partnership firm receives its Certificate of Registration, granting legal recognition. itrfilingwala.com ensures quick delivery to complete your registration process smoothly.
Partnership Deed – What It Must Contain
A partnership deed is a legally binding document that defines the relationship between partners, outlining their rights, responsibilities, and profit-sharing arrangements. To ensure legal validity and smooth business operations, the partnership deed must include essential clauses as per applicable laws. itrfilingwala.com helps draft a comprehensive and compliant partnership deed tailored to your business needs.
Key clauses in a partnership deed include:
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Firm Name & Business Address – Official details of the partnership firm
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Partner Details – Full name, address, and identification details of each partner
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Nature of Business – Scope and activities carried out by the firm
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Capital Contribution – Investment made by each partner
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Profit & Loss Sharing Ratio – Agreed percentage of sharing
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Duties & Responsibilities – Roles, authority, and decision-making powers
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Admission & Retirement of Partners – Terms for adding or removing partners
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Dispute Resolution – Mechanism to resolve conflicts among partners
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Duration of Partnership – Fixed term or perpetual existence
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Dissolution Terms – Conditions and process for winding up the firm
This structured approach ensures transparency, legal protection, and long-term stability for the partnership.
Partnership Firm Registration Fees in India
The cost of registering a partnership firm in India is relatively low and mainly includes statutory expenses such as stamp duty and government filing fees. The exact amount may differ based on the state of registration and the complexity of the partnership deed.
Cost Structure for Partnership Registration
The cost of registering a partnership firm in India mainly consists of statutory expenses such as government fees, stamp duty, and notarization charges, which differ from state to state. In addition to these, professional service providers like itrfilingwala.com charge service fees for drafting the partnership deed, preparing documentation, and completing the filing process with the Registrar of Firms, ensuring accurate and hassle-free registration.
Particulars | Registered Partnership Firm | Unregistered Partnership Firm |
|---|---|---|
Legal Recognition | Yes – Full legal validity | No – Limited rights |
Notarization Charges | ₹300 – ₹800 | Optional |
Stamp Duty for Partnership Deed | ₹200 – ₹2,000 (depends on state & capital amount) | Not applicable |
Government Fee | ₹500 – ₹1,500 (varies by state) | Not applicable |