Overview

Overview

Partnership Firm Registration is the legal process of registering a business owned by two or more partners under the Indian Partnership Act, 1932. It clearly defines each partner’s role, profit-sharing ratio, and responsibilities. While registration is not mandatory by law, only registered firms receive full legal protection and recognition.

Eligibility Criteria

This service is ideal for individuals who want to start a business together with shared ownership, low setup cost, and legal identity without heavy compliance.

  • Minimum of two partners are required

  • No maximum limit on the number of partners under law

  • Partners must be 18 years or older and legally capable under the Indian Contract Act, 1872

  • Only Indian citizens and residents can become partners

  • A valid business address in India is mandatory

  • Indian Partnership Act, 1932 – governs formation and functioning of partnership firms

  • Indian Contract Act, 1872 – defines eligibility and capacity of partners

  • Registration is handled by the Registrar of Firms at the state level

Types of Partnership Firms

Choose your types of Partnership Firms based on business nature and future scale—each path remains compliant, credible, and convertible later.

Registered Partnership Firm:

Legally recognised and eligible for legal action, PAN, MSME benefits, and bank account opening

Registered Partnership Firm:

Legally recognised and eligible for legal action, PAN, MSME benefits, and bank account opening

Registered Partnership Firm:

Legally recognised and eligible for legal action, PAN, MSME benefits, and bank account opening

Registered Partnership Firm:

Legally recognised and eligible for legal action, PAN, MSME benefits, and bank account opening

Unregistered Partnership Firm:

Not eligible for certain government schemes or legal protections

Unregistered Partnership Firm:

Not eligible for certain government schemes or legal protections

Unregistered Partnership Firm:

Not eligible for certain government schemes or legal protections

Unregistered Partnership Firm:

Not eligible for certain government schemes or legal protections

Benefits of Partnership Firm Registration

Registering your firm adds legal strength, improves trust, and enables access to financial and legal systems.

  • Legal recognition under the Partnership Act, 1932

  • Bank account and PAN in the firm’s name

  • Eligibility for MSME registration and government schemes

  • Easier access to loans and financial support

  • Clear profit-sharing and dispute resolution terms

  • Low compliance and easy management compared to companies

Ready to Launch Your Firm Now!

Get your deed drafted, verified, and registered with expert support.

Essential Documents for Registration

Proper documentation ensures smooth registration and avoids rejection or delays by the Registrar of Firms.

Documents from Partners
  • PAN card of all partners

  • Aadhaar / Voter ID / Passport / Driving Licence

  • Passport-sized photographs

Business Address Proof
  • Rent agreement or property ownership document

  • No Objection Certificate (NOC) from the property owner

  • Latest electricity or water bill of premises

Other Documents
  • Partnership Deed signed by all partners

  • Details on business activity and profit-sharing ratio

6-Step Process for Registration

Biz Pillar follows a structured six-step process to ensure accuracy and timely approval without legal issues.

6-Step Process for Registration

Biz Pillar follows a structured six-step process to ensure accuracy and timely approval without legal issues.

Step

1

Consultation & Requirement Check

We understand your business, number of partners, profit-sharing ratio, and verify if all eligibility conditions are met.

Step

4

Filing with Registrar of Firms

The Partnership Deed and application form are submitted to the state Registrar of Firms for legal registration and review.

Step

5

Payment of Stamp Duty and Fees

Stamp duty and government charges applicable in your state are paid to make the Partnership Deed legally enforceable.

Step

2

Partnership Deed Drafting

We prepare a legally valid Partnership Deed mentioning profit ratios, partner roles, firm details, and operational rules.

Step

3

Document Collection & Verification

PAN, Aadhaar, address proof, office details, and signatures are collected and verified to avoid rejection by authorities.

Step

6

Certificate of Registration Issued

Once approved by the Registrar, your Partnership Firm Registration Certificate and legally stamped deed are issued.

Step

1

Consultation & Requirement Check

We understand your business, number of partners, profit-sharing ratio, and verify if all eligibility conditions are met.

Step

4

Filing with Registrar of Firms

The Partnership Deed and application form are submitted to the state Registrar of Firms for legal registration and review.

Step

5

Payment of Stamp Duty and Fees

Stamp duty and government charges applicable in your state are paid to make the Partnership Deed legally enforceable.

Step

2

Partnership Deed Drafting

We prepare a legally valid Partnership Deed mentioning profit ratios, partner roles, firm details, and operational rules.

Step

3

Document Collection & Verification

PAN, Aadhaar, address proof, office details, and signatures are collected and verified to avoid rejection by authorities.

Step

6

Certificate of Registration Issued

Once approved by the Registrar, your Partnership Firm Registration Certificate and legally stamped deed are issued.

Step

1

Consultation & Requirement Check

We understand your business, number of partners, profit-sharing ratio, and verify if all eligibility conditions are met.

Step

4

Filing with Registrar of Firms

The Partnership Deed and application form are submitted to the state Registrar of Firms for legal registration and review.

Step

5

Payment of Stamp Duty and Fees

Stamp duty and government charges applicable in your state are paid to make the Partnership Deed legally enforceable.

Step

2

Partnership Deed Drafting

We prepare a legally valid Partnership Deed mentioning profit ratios, partner roles, firm details, and operational rules.

Step

3

Document Collection & Verification

PAN, Aadhaar, address proof, office details, and signatures are collected and verified to avoid rejection by authorities.

Step

6

Certificate of Registration Issued

Once approved by the Registrar, your Partnership Firm Registration Certificate and legally stamped deed are issued.

Step

1

Consultation & Requirement Check

We understand your business, number of partners, profit-sharing ratio, and verify if all eligibility conditions are met.

Step

4

Filing with Registrar of Firms

The Partnership Deed and application form are submitted to the state Registrar of Firms for legal registration and review.

Step

5

Payment of Stamp Duty and Fees

Stamp duty and government charges applicable in your state are paid to make the Partnership Deed legally enforceable.

Step

2

Partnership Deed Drafting

We prepare a legally valid Partnership Deed mentioning profit ratios, partner roles, firm details, and operational rules.

Step

3

Document Collection & Verification

PAN, Aadhaar, address proof, office details, and signatures are collected and verified to avoid rejection by authorities.

Step

6

Certificate of Registration Issued

Once approved by the Registrar, your Partnership Firm Registration Certificate and legally stamped deed are issued.

Comparison with Similar Business Structures

Understanding differences helps entrepreneurs choose the right business model.

Partnership Firm:
  • No separate legal identity

  • Unlimited liability on partners

  • Low compliance and affordable setup

Partnership Firm:
  • No separate legal identity

  • Unlimited liability on partners

  • Low compliance and affordable setup

Partnership Firm:
  • No separate legal identity

  • Unlimited liability on partners

  • Low compliance and affordable setup

Partnership Firm:
  • No separate legal identity

  • Unlimited liability on partners

  • Low compliance and affordable setup

Limited Liability Partnership (LLP):
  • Separate legal entity

  • Limited liability of partners

  • Higher credibility; MCA registered

Limited Liability Partnership (LLP):
  • Separate legal entity

  • Limited liability of partners

  • Higher credibility; MCA registered

Limited Liability Partnership (LLP):
  • Separate legal entity

  • Limited liability of partners

  • Higher credibility; MCA registered

Limited Liability Partnership (LLP):
  • Separate legal entity

  • Limited liability of partners

  • Higher credibility; MCA registered

Sole Proprietorship:
  • Single owner, unlimited liability

  • No legal separation from owner

  • Suitable for freelancers and micro-businesses

Sole Proprietorship:
  • Single owner, unlimited liability

  • No legal separation from owner

  • Suitable for freelancers and micro-businesses

Sole Proprietorship:
  • Single owner, unlimited liability

  • No legal separation from owner

  • Suitable for freelancers and micro-businesses

Sole Proprietorship:
  • Single owner, unlimited liability

  • No legal separation from owner

  • Suitable for freelancers and micro-businesses

Questions & Answers

Have more questions? Don't hesitate to email us:

01

What is Partnership Firm Registration?

It is the legal process of registering a business run by two or more individuals under the Indian Partnership Act, 1932.

02

Is registration mandatory?

03

How long does it take?

04

Can a firm have more than two partners?

05

Can it be converted later?

Questions & Answers

Have more questions? Don't hesitate to email us:

01

What is Partnership Firm Registration?

It is the legal process of registering a business run by two or more individuals under the Indian Partnership Act, 1932.

02

Is registration mandatory?

03

How long does it take?

04

Can a firm have more than two partners?

05

Can it be converted later?

Questions & Answers

Have more questions? Don't hesitate to email us:

01

What is Partnership Firm Registration?

It is the legal process of registering a business run by two or more individuals under the Indian Partnership Act, 1932.

02

Is registration mandatory?

03

How long does it take?

04

Can a firm have more than two partners?

05

Can it be converted later?

Questions & Answers

Have more questions? Don't hesitate to email us:

01

What is Partnership Firm Registration?

It is the legal process of registering a business run by two or more individuals under the Indian Partnership Act, 1932.

02

Is registration mandatory?

03

How long does it take?

04

Can a firm have more than two partners?

05

Can it be converted later?