Partnership Firm Registration

Partnership Firm Registration is a simple and affordable way to start a business with two or more partners. At Chartered Adda, we handle deed drafting, documentation, PAN/TAN, MSME registration, and full compliance—making the entire process quick, accurate, and 100% online across India.

Launch Your Partnership Firm!

What is Private Limited Company Registration?

Partnership Firm Registration is the legal process of forming a business owned and operated by two or more individuals under the Indian Partnership Act, 1932. It is one of the most simple and cost-effective business structures, especially suitable for small businesses, traders, consultants, and startups.

In this structure, partners combine their skills, resources, and capital to run the business. All essential terms—including profit sharing, capital contribution, management rights, decision-making powers, dispute handling, and roles—are defined through a legally drafted Partnership Deed, which becomes the foundation of the firm.

Once registered, the firm gains legal recognition, enabling it to open a bank account, apply for licenses, sign agreements, operate under a legal business identity, and enjoy smooth business operations. Partnership Firms are popular because they offer minimal compliance, quick setup, tax flexibility, and great operational freedom.

Ideal for: Small businesses, service providers, consultants, and traders
Legal Base: Governed by the Indian Partnership Act, 1932
Core Document: Partnership Deed (defines roles & profit sharing)
Key Benefits: Simple setup, low cost, minimal compliance, flexible operations

Eligibility Criteria for Partnership Firm Registration

Minimum Two Partners

A Partnership Firm requires at least two individuals to start the business.

Competent to Contract

All partners must be 18+, of sound mind, and legally eligible to enter contracts.

Indian Citizens or NRIs

Both Indian residents and NRIs can become partners in a Partnership Firm.

Partnership Deed

A written Partnership Deed is mandatory to define business terms and responsibilities.

Valid Registered Address

A valid business address with utility bill or rental agreement is required.

Legal Business Activity

The business must be lawful and allowed under Indian regulations.

Types of Partnerships You Can Register in India

Registered Partnership Firm

Legally registered with the Registrar of Firms, offering full legal protection and the ability to enforce rights in court.

Unregistered Partnership Firm

Formed through a Partnership Deed but not registered; it can operate legally but has limited legal rights and protections.

General Partnership

All partners share equal or defined responsibility and liability as stated in the Partnership Deed.

Partnership at Will

A flexible partnership with no fixed duration; it continues until partners mutually decide to dissolve it.

Particular Partnership

Formed for a specific project or time period; automatically ends when the project is completed.

Documents Required for Partnership Firm Registration

PAN Card of Partner

Aadhaar Card of Partner

Passport Size Photo

Mobile Number & Email ID

Name of Partnership Firm

Address of Partnership Firm

Business Activities of Firm

Partnership Firm Registration Fees & Packages

Partnership Firm Registration

Complete drafting & documentation support — ideal for professionals and small businesses.

₹ 4,500 Only

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Typical timeline: 2–3 working days after documents are ready.

Package Includes

Partnership Deed Drafting

PAN Card Application

Firm Stamp Preparation

MSME / Udyam Registration

Bank Account Opening Support

Also Included:

Guidance on Partnership Act Compliance
Final Signed Deed PDF
Firm Name Search Assistance
Any Minor Corrections in Drafting
Lifetime Document Storage

Note: ₹4,500 is a professional service package. Government stamp duty & notary charges may vary by state.

Step-by-Step Partnership Firm Registration Process

Understanding Partner Terms & Deed Drafting

We begin by understanding the partners’ mutual agreement and business terms. Based on this, our experts prepare a customized Partnership Deed. You will also get complete guidance on documentation, rules & compliance.

Stamp Duty & Notarization of the Deed

Once the draft is approved, we proceed with e-Stamping and notarization. After the deed is notarized, we immediately apply for the Partnership Firm PAN Card.

Firm PAN, Bank Account & MSME Registration

Your Partnership Firm PAN will be issued shortly. We also assist in opening the Current Bank Account and provide MSME (Udyam) Registration. Our support team is available 24×7 for any assistance.

Benefits of Registering a Partnership Firm

Legal Recognition & Trust

A registered partnership firm is legally valid and trusted by banks, vendors, and clients—helping you build a professional identity.

Clear Terms Between Partners

The Partnership Deed clearly defines roles, responsibilities, and profit-sharing—reducing confusion and protecting partners.

Reduces Internal Disputes

Since all terms are written and enforceable, misunderstandings are minimized and disputes are easier to resolve legally.

Smooth Bank Account Opening

A registered partnership deed is accepted by all banks—making current account opening and official registrations simple.

Right to Take Legal Action

Only registered partnership firms can file legal cases, offering strong protection in disputes with clients or vendors.

High Market Credibility

Registered firms appear more reliable and professional—helping you win more clients and business opportunities.

Easy & Low-Cost Setup

Simple registration, fewer formalities, lower cost, and minimal compliance—perfect for small businesses and startups.

Flexible Profit Distribution

Partners can decide how profits are shared, and remuneration paid to partners is allowed as a business expense.

Easy Conversion Later

The firm can be upgraded anytime to an LLP, Private Limited Company, or other structure as your business grows.

Why Choose Chartered Adda for Partnership Registration?

Choosing Chartered Adda for Partnership Firm Registration ensures a smooth, accurate, and professionally guided experience from start to finish. Our team specializes in drafting legally strong Partnership Deeds that clearly define partner roles, responsibilities, and profit-sharing ratios—helping you avoid disputes in the future. We manage the entire registration workflow, including deed stamping, notarization, PAN application, and assistance in opening the current bank account, making the whole process completely hassle-free. With transparent and affordable pricing, you receive premium-quality service with no hidden charges. Every client receives personalized guidance covering compliance requirements, documentation steps, and operational rules for running a partnership firm. We serve clients across India, offering nationwide support via calls, WhatsApp, and email, ensuring that expert help is available wherever you are. With our 24×7 dedicated support team, Chartered Adda guarantees prompt responses, accurate updates, and a convenient, stress-free registration experience.

Contact Us

Call: 97263 65901

Email: office@charteredadda.com

Location: Across India (Nationwide Services)

Frequently Asked Questions (FAQs)

Is partnership firm registration mandatory?

No, registration is not mandatory.
However, a registered firm gets legal benefits like filing lawsuits, stronger credibility, and easier bank account opening.

How many partners are required to start a Partnership Firm?

A minimum of 2 partners is required.
The maximum can be 20 partners as per the Partnership Act.

What is a Partnership Deed?

A Partnership Deed is a legal agreement that defines the rights, duties, responsibilities, capital contribution, and profit-sharing ratio of the partners.