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Partnership firm Registration

2 Digital Signature Certificates Class 3 for 2 years
2 Partner Identification Numbers
1 Name Approval
Partnership Agreement
GST Registration
Get the package @ ₹7500

How To Register An LLP Company Online

You can operate your business under a Limited Liability Partnership in India online. We hold immense knowledge
and expertise in LLP registration and help you in the following ways.

Reserving LLP name

We help you pick the right name for your company/brand.

Step 1


We help you get the 2 DSC with 2 years validity.

Step 2

LLP Agreement

Finally, we draft, execute, and file the LLP Agreement (along with PAN & TAN) with utmost care.

Step 3

Get me more details

₹7500  + Statutory Fees
Limited Period Offer

Partnership firm Registration in India

Register Partnership Firm

A Partnership is defined by the Indian Partnership Act, 1932, as ‘the relation between persons who have agreed to share profits of the business carried on by all or any of them acting for all. This definition gives three minimum requirements to constitute a partnership firm, viz.


• Agreement of between persons desiring to form partnership whether oral or written, The object of the agreement is to share the profits of the business, and The intended business must be carried on by all the partners or by any of them acting for all of them.


A partnership firm is best for small businesses that plan to remain small. Low costs, ease of setting up and minimal compliance requirements make it a sensible option for such businesses. Registration is optional for General Partnerships. However, for larger businesses, it has lost its relevance with the introduction of the Limited Liability Partnership (LLP). This is because an LLP retains the low costs of a partnership while providing the benefit of limited liability, which means that partners are not personally liable for the debts of the business.


The partners in a partnership firm are the owners, and thus, are not separate entities from the firm. Any legal issues or debt incurred by the firm is the responsibility of its owners, the partners. A partnership must have at least two partners. A partnership firm in the banking business can have up to 10 partners, while those engaged in any other business can have a maximum of 20 partners. The consent of all the partners plays an important role in matters like an admission of new members, dissolution of the firm, conversion of the firm, etc.


A partnership is easy to form as no cumbersome legal formalities are involved. A partnership is formed by an agreement, which may be either written or oral. When the written agreement is duly stamped and registered, it is known as "Partnership Deed" which may be registered or not registered. Ordinarily, the rights, duties, and liabilities of partners are laid down in the deed. But in the case where the deed does not specify the rights and obligations, the provisions of The Indian Partnership Act, 1932 will apply.


The partnership deed contains goals, vision, strategies, details of partners, profit-loss sharing ratio, duties of partners, etc. It is important to note that other than individuals, companies can become a partner in a firm due to their separate legal entity.

Why Partnership Firm?



There is no prescribed minimum capital requirement for obtaining registration allowing small businesses to reap the benefits of a registered partnership.


A registered partnership is considered more credible for borrowing purposes than an unregistered partnership.


One of the registering partnerships that it is easy to change the legal structure.


Only a registered partnership has the right to sue the third party whereas the third party can sue irrespective of registration & therefore can claim set off. Also, a partner of an unregistered partnership cannot sue the firm for enforcing any rights given under the partnership act.


Partners share the decision-making and can help each other out when they need to. More partners mean more brains that can be picked for business ideas and for the solving of problems that the business encounters.


Due to the limited number of partners, there is flexibility in the operations of the business as the partners can amend any objectives or change any operations at any time by mutual consent.


Partners can share the responsibility of the running of the business. This will allow them to make the most of their abilities. Rather than splitting the management and taking an equal share of each business task, they might well split the work according to their skills, and the risk is also shared among partners.


A Partnership is easy to form as no cumbersome legal formalities are involved Registration is not compulsory in the case of the Partnership firm. It can be formed without any legal formality and expenses. Thus, it is simple and economical to form and operate.


General Partnerships do not need to appoint an auditor or, if unregistered, even file annual accounts with the registrar. Annual compliances are also fewer as compared to an LLP. General Partnerships do need to file Income Taxes and, depending on turnover, service, and sales tax.


A General Partnership is cheaper to start than an LLP and even over the long-term, thanks to the minimal compliance requirements, it is inexpensive.

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Contact Info

  • Address: 1312, Hemkunt Chambers, Nehru Place, New Delhi -19
    40-GF, Harmony Mall, Goregaon (W), Mumbai - 400 104
  • Phone: +91-84343 84343
  • Email: [email protected]