Partnership Registration

Partnership firms in India governed by the Indian Partnership Act, 1932. A Partnership Firm is Owned, managed by an partners. Partnership firms are comparatively easy to start are is prevalent among-est small and medium sized businesses in the unorganized sectors. Since two or more partners join hands to start a partnership business, it may be possible to pool together more resources as compared to a Sole Proprietorship. The partners can contribute more capital, more effort and more time for the business. Partnership” is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons who have entered into Partnership with one another are called individually, “partners” and collectively “a firm”, and the name under which their business is carried on is called the “firm-name”.

Partnership Registration in India is made more easy by ROF department. Earlier process of Partnership registration has been modified. Now the new process is much simpler and with fast tack mode. ROF form is used for registration. Experts at ANBCA in have helped number of entrepreneurs for Partnership Firm Registration. In All major cities of India , Mumbai, Thane , Nashik , Pune , Chennai and more. Our services are reliable and quick.

Legal Compliances for Partnership Firm

1. Income Tax Return : - Partnership firm at end of financial year need to prepare it financial statements such as Profit and loss statement and Balance sheet. And apply for filing income tax return.
2. GST Returns : - If Partnership firm who applied for GST registration then , need to file GST Returns on month or quarterly basis


Advantages of Partnership Firm Registration

What Your Partnership Registration Agreement Contains

  • Basic information about all partners , addresses and type of business
  • Amount of capital introduced in Firm
  • Profit and Loss share of Partners
  • Details of scope of business to be carried by firm
  • Description like adding new partner or what retirement of partner

Click to know more about Firm Registration

Documents Required for Partnership Firm Registration

Note : Residential Premise of Partner / Relation / Friend can be utilized for Firm Registration .

What is Included In Our Partnership Registration Package

Drafting of Agreement

MSME Registration

Partnership Deed

PAN Card of Firm

TAN Registration

What We Offer

Shop Act Registration

MSME Registration

Partnership Deed

PAN Card of Firm

TAN Registration

Send me this Partnership Firm Registration information on my email address

Email Address

Phone Number

FAQ's

What is the minimum number of partners required to start partnership firm?
As per Legal Act , Minimum two persons requried for partnership firm
Can a minor be appointed as a Partner in a Partnership Firm?
A partners needs to be over 18 years of age and must be a natural person.
How Many Days it takes for the Partnership Registration?
We can register a partnership within 7 to 10 days of time. But the documents submitted should be as per our requirements and also within time frame. If there is any delay in submitting the documents the mentioned time frame may change.
Can a Salaried person become a Partner in Partnership Firm?
Yes, a salaried person can become a Partner, there is no legal bondage on this but you may have to go through with your employment agreement if it contains any restrictions on doing so.
How to open current bank accouant for a Partnership Firm?
To open a current bank account for a Partnership firm, a registered Partnership deed along with identity ,address proof, shop act license and PAN details of the Partners need to be provided.
Does my partnership firms Income Tax return show salary & profit paid to partners ?
Yes. In Income Tax return of partnership firm , remuneration and profit paid to partners will be disclosed.
What is procedure to do Notarization of Partnership Deed?
First you need to print deed on stamp paper and then in presence of Lawyer need to do Notarization of Partnership Deed.
Do I need to Pay Online Government fees for partnership firm registration in Maharashtra ?
Yes. You need to pay appx 1700/- as Government fees for firm registration.
Why Choose A N Bhutada & CO for firm registration ?
#1. Best Pricing #2. Dedicated professionals working for you # 3 Get professional advise from experts # 4 Dedicated support on call | Whats up | Email

Compare Your Options

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required

Private Limited Company

Start-ups and growing companies
Very easy to accommodate investment & bank Loan
Yes
Few benefits
Yes
Moderate
Minimum 2

Limited Liability Partnership

Professional services firms
Possible, but unlikely
Yes
Few benefits
Yes
Low
Minimum 2

One Person Company

want be One Owner
Possible, but severely unlikely
Yes
Few benefits
Yes
Low
Max 1

Partnership

Regular Business
Possible to take loan from bank
No
Minimal
No
Minimal
Minimum 2

Sole Proprietorship

Small & Midsize business
Moderate
No
Minimal
No
Minimal
Max 1

Compare Your Options

Private Limited Company

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required
Start-ups and growing companies
Very easy to accommodate investment & bank Loan
Yes
Few benefits
Yes
Moderate
Minimum 2

Limited Liability Partnership

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required
Professional services firms
Possible, but unlikely
Yes
Few benefits
Yes
Low
Minimum 2

One Person Company

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required
want be One Owner
Possible, but severely unlikely
Yes
Few benefits
Yes
Low
Max 1

Partnership

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required
Regular Business
Possible to take loan from bank
No
Minimal
No
Minimal
Minimum 2

Sole Proprietorship

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required
Small & Midsize business
Moderate
No
Minimal
No
Minimal
Max 1

Let's Start my Partnership Firm Registration

Advise |Firm Deed | PAN | TAN |

Name*

Email ID*

Phone Number*

Type of Business

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Requirement

Contact Mode

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