Partnership Firm

Partnership Firm

Partnership Firm Registration in India

Partnership Firm Registration in India is a simple and cost-effective way for two or more individuals to start a business together. It is governed by the Indian Partnership Act, 1932, which defines partner rights, duties, and profit-sharing. With proper registration, documentation, and compliance, a partnership structure helps businesses operate legally and build credibility with banks, vendors, and authorities.

It is a business where partners share profits, losses, responsibilities, and management. Although it is not a separate legal entity like a company or LLP, it is highly preferred for family businesses, traders, professionals, and SMEs due to its flexibility and low compliance requirements.

Key Features of Partnership Firms in India

  • Minimum 2 partners and generally up to 50 partners

  • Partners share profits and responsibilities as per deed

  • Partners have unlimited liability

  • Simple taxation and bookkeeping requirements

  • Governed by Indian Partnership Act, 1932

  • Easy to start, manage, and dissolve if required

Eligibility Criteria for Partnership Firm Registration

  • Minimum two partners

  • Valid PAN, identity proof, and address proof

  • Registered office address

  • Partnership Deed defining rights and duties

Documents Required

  • PAN & Aadhaar of partners

  • Address proof of partners

  • Proof of office (Rent Agreement / Ownership Proof / NOC)

  • Signed Partnership Deed

Advantages of Partnership Firm Registration

  • Easy and quick formation

  • Low compliance compared to companies

  • Flexible profit-sharing structure

  • Shared skills, capital, and resources

  • Recognized by banks and authorities

  • Taxation benefits under the Income Tax Act

Our Partnership Firm Registration & Compliance Services

Partnership Formation & Registration

  • Drafting legally compliant Partnership Deed

  • Firm registration under Section 58

  • PAN and TAN application

  • GST Registration if required

Bookkeeping & Compliance Support

  • Maintaining accounts and statutory records

  • Income Tax Return filing

  • GST compliance & TDS filings

  • Assistance in audits and assessments

Advisory & Legal Assistance

  • Capital contribution structuring

  • Banking and financial advisory

  • Risk management and dispute guidance

Why Choose India Stat Filing?

  • Expert team of CA & CS professionals

  • End-to-end assistance from registration to compliance

  • Legally strong partnership deed drafting

  • Transparent pricing and guided process

  • Strong support for taxation and bookkeeping

Our Commitment

We ensure your Registration is smooth, compliant, and legally secured. From deed drafting to statutory filings, we handle everything so you can focus on business growth.

📞 Get Started Today

Start your Partnership Firm Registration in India with expert legal, taxation, and compliance support. Contact India Stat Filing today.