Partnership Registration
Start your partnership business with shared responsibilities and profits. Perfect for businesses with 2-20 partners who want to collaborate effectively.
What's Included:
- ✓Partnership Deed Drafting
- ✓Partnership Registration
- ✓GST Registration
- ✓Professional Tax Registration
- ✓Bank Account Opening Support
- ✓Trade License (if required)
- ✓Digital Signature for Partners
- ✓Ongoing Compliance Support
What is Partnership Firm?
A partnership firm is a business entity where two or more individuals come together to carry on a business with shared capital, responsibilities, and profits. It's governed by the Partnership Act, 1932, and is ideal for professional services and small to medium businesses.
Shared Ownership
2-20 partners can own and manage the business together
Partnership Deed
Legal document defining terms, profit sharing, and responsibilities
Joint Liability
Partners are jointly liable for business debts and obligations
Tax Pass-through
Business income is taxed at individual partner level
Benefits of Partnership
Types of Partnership
Choose the right partnership structure based on your business needs and partner involvement.
General Partnership
All partners have equal rights and responsibilities in business management.
- •Equal management rights
- •Shared profits and losses
- •Joint and several liability
- •Most common type
Limited Partnership
Some partners have limited liability and limited role in management.
- •Limited and general partners
- •Limited liability for some
- •Restricted management rights
- •Investment focused
Partnership at Will
Partnership that can be dissolved by any partner at any time.
- •Flexible dissolution
- •No fixed term
- •Partner exit freedom
- •Mutual consent based
Registration Process
Step-by-step process to register your partnership firm with all necessary compliances.
Partnership Deed
Draft comprehensive partnership deed with terms, profit sharing, and partner responsibilities.
Document Submission
Submit partnership deed and partner documents for registration with registrar.
Verification & Approval
Government verification of documents and issuance of registration certificate.
Post-Registration
Complete GST registration, bank account opening, and other business requirements.
Required Documents
Documents needed for partnership registration and compliance setup.
Partner Documents
- •Aadhaar Card of all partners
- •PAN Card of all partners
- •Address proof of partners
- •Passport size photographs
- •Educational certificates
Partnership Deed
- •Partnership agreement
- •Terms and conditions
- •Profit sharing ratio
- •Capital contribution details
- •Partner roles and responsibilities
Business Address
- •Rent agreement/Lease deed
- •Property documents
- •NOC from landlord
- •Utility bills
- •Municipal tax receipt
Bank Details
- •Bank account details
- •Cancelled cheque
- •Bank statements
- •Net banking credentials
Business Details
- •Business activity description
- •Proposed business plan
- •Investment details
- •Turnover projections
Additional Documents
- •Digital signatures
- •Professional certificates
- •Experience certificates
- •Character certificates
Partnership Deed Contents
Essential clauses that should be included in your partnership deed.
Basic Information
- ✓Firm name and registered address
- ✓Partner names and addresses
- ✓Business nature and objectives
- ✓Duration of partnership
- ✓Capital contribution by each partner
Financial Terms
- ✓Profit and loss sharing ratio
- ✓Interest on capital and drawings
- ✓Salary or commission to partners
- ✓Banking arrangements
- ✓Audit and accounting procedures
Management & Operations
- ✓Rights and duties of partners
- ✓Decision making process
- ✓Authority and limitations
- ✓Business management rules
- ✓Partner meeting procedures
Dissolution & Exit
- ✓Circumstances for dissolution
- ✓Partner retirement process
- ✓Death of partner provisions
- ✓Asset distribution method
- ✓Dispute resolution mechanism
Transparent Pricing
Complete partnership registration with comprehensive partnership deed and compliance setup.
Complete Package
- ✓Partnership Deed Drafting
- ✓Partnership Registration
- ✓GST Registration
- ✓Professional Tax Registration
- ✓Bank Account Opening Support
- ✓Trade License (if required)
- ✓Digital Signature for Partners
- ✓1 Year Compliance Support
- ✓Expert CA Consultation