Partnership Firm
Build Your Business with Shared Responsibility
A Partnership Firm is one of the most common and simplest forms of business in India, governed by the Indian Partnership Act, 1932. It is formed when two or more individuals come together to run a business with a common goal of earning profits. Known for its ease of formation and minimal compliance requirements, a partnership firm is ideal for small businesses, family-owned enterprises, and professionals who want to start operations quickly and affordably.
Key Features of a Partnership Firm
Minimum 2 Partners Required – Easy to form and manage.
Shared Responsibility – Partners share profits, losses, and management duties.
No Minimum Capital Requirement – Can be started with any investment.
Simple Compliance – Lesser regulations compared to companies and LLPs.
Flexibility in Operations – Partnership deed defines roles and responsibilities.
Benefits of Registering a Partnership Firm
Easy Formation – Quick and affordable compared to other business structures.
Low Compliance – Minimal legal requirements and simple filings.
Shared Expertise – Partners bring diverse skills and resources.
Better Decision-Making – Collective participation helps efficient operations.
Credibility – A registered partnership deed enhances trust among clients and banks.
Partnership Firm Registration Process
At India Tax Filing, we simplify the process of registering your firm:
Step 1: Draft the Partnership Deed (with details of partners, roles, profit-sharing, etc.).
Step 2: Get the deed notarized and signed by all partners.
Step 3: Apply for PAN Card in the firm’s name.
Step 4: Register the firm with the Registrar of Firms (ROF) (optional but recommended).
Step 5: Apply for GST Registration, Bank Account, and other licenses as required.
Documents Required
PAN Card of all Partners
Aadhaar Card / Passport / Voter ID of Partners
Passport-size photographs
Proof of Business Address (Utility Bill / Rent Agreement + NOC)
Partnership Deed (signed and notarized)
Our Role in Partnership Firm Formation
We take care of drafting the partnership deed, preparing documents, PAN application, GST registration, and firm registration (if required). Our experts provide end-to-end support to ensure a smooth and quick setup of your business.
Why Choose Us?
✅ Experienced Team – Expertise in drafting and registering partnership firms.
✅ Affordable & Transparent – Clear pricing with no hidden charges.
✅ Quick Process – Get your firm registered in the shortest possible time.
✅ Comprehensive Support – From deed drafting to compliance services.
✅ Trusted Partner – Successfully assisted 1000+ businesses across India.