A partnership firm is quick to start and inexpensive to run. What protects the partners is a clear deed: who brings what capital, how profit is shared, who operates the bank account, and what happens when someone leaves.
We draft the deed, arrange stamp paper and notarisation, apply for the firm's PAN, and register the firm with the Registrar of Firms when you want the legal benefits of a registered partnership.
Who needs Partnership Firm Registration?
- Family members or friends starting a shop or trading business together
- Existing firms changing partners or profit ratio
- Firms that need a registered deed for a bank loan or tender
Documents required
- PAN, Aadhaar and photographs of partners
- Business address proof
- Firm name and nature of business
- Capital and profit-sharing terms
Our process
- 1Terms are discussed and the deed drafted
- 2Deed is printed on stamp paper, signed and notarised
- 3PAN is applied for and the bank account opened
- 4Firm is registered with the Registrar of Firms, if opted
Questions about Partnership Firm Registration
Is registration of a partnership compulsory?
No, but an unregistered firm cannot sue to enforce its contracts, so registration is advisable.
Can a partnership be changed to an LLP later?
Yes, conversion is permitted and we handle it when the business grows.
Does a partnership firm need GST?
Only if it crosses the turnover limit or falls in a compulsory category.
Partnership Firm Registration near you
We provide this service to clients across Rohini and nearby localities: