Partnership Firm Registration and Partnership Deed Online
Draft your partnership deed, apply for the firm PAN and register with the Registrar of Firms, governed by the Indian Partnership Act, 1932.
Get started Learn moreWhat is partnership firm registration?
A partnership firm is a business owned by two or more people who agree to share profits under a partnership deed. It is governed by the Indian Partnership Act, 1932, and is one of the quickest ways for a small group to start a business.
Registration with the Registrar of Firms is optional, but an unregistered firm has limits on enforcing its rights in court. Partners have unlimited liability. If you want limited liability, look at LLP registration.
Partnership registration at a glance
- Governing law: Indian Partnership Act, 1932
- Minimum partners: 2
- Maximum partners: 50
- Liability: Unlimited and joint
- Key document: Partnership deed on stamp paper
- Registration: Optional, with the state Registrar of Firms
Why choose a partnership firm
A flexible structure for small businesses and family firms.
Easy to set up
A written deed and a firm PAN are the core requirements.
Flexible terms
Profit ratio, capital, roles and exit terms are set by the partners.
Low compliance
No MCA annual filings. The firm files its income tax return and GST where applicable.
Shared capital and skills
Partners can pool money, experience and contacts.
Separate PAN and bank account
The firm gets its own PAN and can open a current account.
Upgrade path
You can later convert the firm into an LLP or company.
Documents required for partnership firm registration
KYC for every partner and proof of the firm’s address.
What our service covers
- Partnership deed drafted for your terms and printed on stamp paper
- Firm PAN application
- Application to the Registrar of Firms (Form 1)
- Certificate of Registration where registration is chosen
- Guidance on current account, Udyam and GST
Documents required
Partner proofs
- PAN and Aadhaar of all partners
- Address proof such as voter ID or driving licence
- Passport-size photographs
Business premises
- Electricity bill or property document
- Rent agreement with owner NOC
Partnership firm registration and partnership deed process
From deed to registration certificate.
Draft the deed
We cover capital, profit ratio, duties, salary or interest, dispute resolution and exit terms.
Stamp and sign
The deed is executed on state-compliant stamp paper and signed by all partners.
Firm PAN
We apply for the firm PAN and guide the bank account.
Registrar of Firms
We file the application and documents with the state Registrar of Firms.
Partnership firm registration stages
Stages, authorities and outputs.
| Stage | Authority | Output |
|---|---|---|
| Partnership deed | Partners, stamped under state law | Executed partnership deed |
| Firm PAN and TAN | Income Tax Department | Firm PAN and TAN |
| Registration (Form 1) | State Registrar of Firms | Certificate of Registration |
| Udyam and GST (if needed) | Ministry of MSME / GSTN | Udyam certificate and GSTIN |
Partnership firm registration FAQs
Straight answers to the questions people search for most.
Is registration of a partnership firm compulsory?
No. An unregistered firm is legal, but it cannot enforce certain claims against third parties in court. Registration is strongly recommended.
What is a partnership deed?
It is the written agreement among partners that sets capital, profit sharing, roles, salary or interest, and exit terms. It must be on stamp paper as per state law.
How many partners can a firm have?
A partnership firm needs at least two partners and can have up to 50 partners.
What is the liability of partners?
Partners are jointly and individually liable for the firm’s debts, including from their personal assets.
How is a partnership firm taxed?
The firm pays income tax as a separate entity at the applicable rate, and partners are taxed on what they receive as per the Income Tax law.
Partnership firm or LLP, which is better?
An LLP gives limited liability and a separate legal identity. A partnership firm is simpler and cheaper to set up but carries unlimited liability.
What should a partnership deed format include?
A partnership deed names the firm and partners, the business and its address, the start date, capital contributions, profit-sharing ratio, duties, salary or interest to partners, dispute resolution and exit terms. We draft it for your terms.