Partnership Firm

1000+ Partnership firm incorporated since 2017. Effortlessly register your business with the top provider of company incorporation services in India.

Starting @ ₹1999/-

What is Partnership Firm

A Partnership Firm is a business structure in which two or more individuals agree to carry on a business together and share its profits. The relationship between the partners is generally governed by a Partnership Deed, which defines their roles, responsibilities, capital contributions, profit-sharing ratio, and other terms.

What are the advantages of Partnership Firm?

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Minimum Compliance
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Comparatively Economical
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Flexible Agreement

Checklist for Partnership Firm Registration

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Address Proof of Firm
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Address Proof of Partners
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Authority Letter to approve any person to apply for Registration
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Notarized Partnership Deed
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Notarized Photos of Partners
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PAN Card of Firms
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PAN of Partners

FAQs

A partnership firm is a business structure where two or more individuals come together to carry out a business and share profits/losses as per the agreed partnership deed.

No, registration is not mandatory, but a registered partnership enjoys more legal benefits (e.g., right to sue others in court).

A written agreement between partners outlining roles, profit-sharing, capital contribution, rules, and terms of the firm.

Minimum 2 partners are required.
Maximum:

  • 50 partners (as per Companies Act limit).

Any individual who is:

  • An Indian citizen
  • Above 18 years of age
  • Mentally sound

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