Partnership Firm Registration
The fastest way for two or more people to trade together — a deed that settles the terms, and registration with the Registrar of Firms so those terms are enforceable.
- Professional fee
- From ₹2,359
- Working timeline
- Confirmed after scope review
- Government charges
- Shown before payment
Built for
Two or more partners
Best when
Speed and simplicity matter most
Is a partnership firm
right for you?
Choose it when you want to start trading together quickly and accept that liability stays personal.
You trust your partners
Each partner can bind the firm, and every partner's assets stand behind its debts.
The deed decides everything
Profit shares, roles, capital, admission and exit are whatever you agree in writing.
You want minimal filings
No registry filings each year — only the firm's tax return and the registrations your activity needs.
No equity raise planned
Investors take shares in companies, so a firm would convert first.
Partnership
Best when speed matters more than shelter.
Liability is unlimited and joint.
The firm is not a separate legal person, so the partners' personal assets are exposed. An unregistered firm also cannot sue to enforce its contractual rights, which is why registration is worth doing.
What you receive,
ready to use.
A partnership is created by agreement between the partners, so the deed does the real work — profit shares, capital, duties, admission, exit and dispute resolution. We draft the deed, arrange stamping and notarisation, and file for registration with the Registrar of Firms in your state where you choose to register.
on written terms.Deed · PAN · Registration
A partnership deed drafted for your business, on stamp paper
PAN in the firm's name
Application to the Registrar of Firms, where registration is chosen
Guidance to open a current account in the firm's name
A written tax and filing calendar for the firm
What must be
in place.
Two or more partners who are competent to contract; a minimum of two at all times.
A written partnership deed setting out capital, profit shares, duties and exit terms.
PAN and address proof for every partner.
A place of business with proof of the premises.
Registration with the Registrar of Firms is optional in law, but strongly advised for enforceability.
Registration with the Registrar of Firms is optional in law and state-specific in procedure, but without it the firm cannot enforce contractual claims in court.
Compare the common structures
A starting point only. Tax and legal outcomes depend on your facts.
| Decision | Private limited | LLP | OPC | Proprietorship |
|---|---|---|---|---|
| Owners needed | 2 or more shareholders | 2 or more partners | 1 member plus a nominee | One owner |
| Liability | Limited to shares held | Limited to agreed contribution | Limited to shares held | Personal liability |
| Outside investment | Set up for equity funding | Not suited to equity investors | Converts before raising equity | No equity shares |
| Annual filings | Company filings and audit thresholds | Lighter filings, audit above turnover limits | Company filings, some relaxations | Usually the lightest |
| Running cost | Highest of the three | Moderate | Moderate to high | Lowest |
| Common fit | Startups, teams hiring or raising | Professional and service partnerships | A single founder wanting a company | Small owner-led businesses |
From handshake to
registered firm.
Deed first, then stamping, PAN and the Registrar of Firms. State timelines vary.
Terms and deed drafting
Day 1–3
We handle
Discuss capital, profit shares, roles, admission and exit, and draft a deed that reflects them.
You provide
Confirm the commercial terms and share partner identity documents.
Stamping and execution
Day 3–5
We handle
Advise the stamp duty applicable in your state and arrange notarisation.
You provide
Sign the deed before witnesses along with the other partners.
Firm PAN
Day 5–8
We handle
Apply for PAN in the firm's name using the executed deed.
You provide
Sign the application as the authorised partner.
Registration with the Registrar of Firms
State timeline
We handle
Prepare and file the statement in the prescribed form with the deed and premises proof, and follow up until the entry is made.
You provide
Sign the application and provide any state-specific affidavits.
Bank account and registrations
Day 8–12
We handle
Hand over the deed, PAN and registration record, and advise on GST and other registrations your activity needs.
You provide
Open the current account in the firm's name and start billing.
A checklist without
the back-and-forth.
We ask only for records or data relevant to your application, review, or audit scope.
- PAN card of every partner
- Aadhaar, voter ID, passport or driving licence
- Passport-size photographs
- Mobile number and email for each partner
Before you begin
Use clear PDF, JPG, or PNG files.
Keep address records recent and readable.
Choose the support
you actually need.
Every total separates professional fees, GST, and stated government charges. State stamp duty and exceptional filings may vary.
Essential
7-10 days
payable now, GST included
- Professional fee
- ₹1,999
- GST @ 18%
- ₹360
- Payable now
- ₹2,359
- Eligibility check with a chartered accountant
- Documents prepared, reviewed and filed
- Certificate handed over with the next steps
Standard
Recommended7-10 days
payable now, GST included
- Professional fee
- ₹4,499
- GST @ 18%
- ₹810
- Payable now
- ₹5,309
- Eligibility check with a chartered accountant
- Documents prepared, reviewed and filed
- Certificate handed over with the next steps
Not included automatically
- — Stamp duty on the deed, which varies by state and by capital contribution
- — Registrar of Firms fees, which are state-specific
- — Notarisation charges
- — GST, professional tax, shop licence or trade licences, where your activity requires them
Costs that can repeat
- — Income tax return for the firm each year, in ITR-5
- — GST returns, where the firm holds GST registration
- — TDS returns, where the firm employs staff or makes payments attracting TDS
- — Tax audit, where turnover crosses the prescribed limit
Registration is the start,
not the finish.
A firm's obligations are lighter than a company's, but they do not disappear.
Firm income tax return
Annually
ITR-5, taxed at the rate applicable to firms; partners are taxed separately on remuneration and interest.
GST returns
Monthly or quarterly
Applies only where the firm holds GST registration; the scheme decides the frequency.
TDS returns
Quarterly
Where the firm employs staff, pays rent above the threshold, or makes other TDS payments.
Advance tax
Quarterly
Where the firm's tax liability crosses the prescribed threshold.
Got questions?
We’ve got answers.
Get clarity on the deed, registration, liability, taxes and when to move to an LLP.
Still deciding?
AI CA can compare structures around cost, risk, compliance, and funding.