Get Partnership Firm Registration quickly , Partnership deed

Partnership Firm Registration

Quickest and easiest Partnership Firm Registration online only with Businessmitra

Apply for Partnership Firm Registration and get Partnership Deed within 3 days and PAN card within 20 days. Also get customized Drafting of Partnership deed and TAN registration along with GST registration for Rs.4495

Businessmitra is among the most reliable business consultants which provides true and honest business advice to its clients. Our team comprises of most genuine and learned professionals and experts having vast experience in their fields. Thus Businessmitra only can provide you the true and most economic ways of business

Our service starts from Rs.4495, Read more…

Quick and easy start which requires only 4-15 days. Minimum compliance compared to LLP, One Person Company (OPC) and Pvt Ltd Company. Not much legal formalities. Power of association of two or more partners. Partners are jointly and severally liable to profits and losses of the Firm. Minimum compliance to file only GST returns, Income Tax Returns etc. periodically. Tax Audit of the partnership firm is required only when the turn-over of the Firm crosses a defined limit.
A partnership firm can operate almost all kinds of business viz. Manufacturing Business, Trading (Wholesale and Retail), Marketing, Import Export Business, Service provider business, Work Contract etc.
Applicable registrations and licenses viz. Trademark Registration, PF and ESI Registration, FSSAI License, Import Export Code, Udyam Registration Etc. can also be availed by Partnership firm.

Registration of Partnership firms is not mandated by the Partnership Act except in special circumstances. However Partnership Firms are registered to avoid legal issues in future. Two or more individuals can start Partnership Firm by simply getting a Partnership Deed and a PAN number in the name of Partnership Firm.

A Partnership deed has all the information related to the name and address of Partners along with their age and shares owned by each Partner, the name and address of the Partnership Firm, share capital of the partnership firm and all other rules and laws of operation of Partnership Firm. The partners can open a Current Account in the name of their Partnership Firm by simply providing GST Registration Certificate, Partnership Deed, PAN etc. depending upon the norms of the Banks and RBI guidelines. The Partnership firm is registered with the Registrar of the firms and the Partnership deed can also be registered.
PAN Card, Address Proof and Photograph of Partners. Address proof of the business premises.
A Partnership Firm can also enjoy the registration of his Trademark / Brand to stop others from using the goodwill of his Trademark / Brand. Only requirement for the Trademark Registration is the distinctiveness of the Trademark.

FAQs for Partnership Firm.

Any two or more Indian Citizens who are a resident of India can start a Partnership Firm.
Yes you can start a Partnership firm with written approval/ consent of the owner/director of the Organization where you are working.
The cost of required Partnership Deed, registrations and licenses are the only cost involved apart from the capital which is invested in the business. There is no limitation on the minimum capital required to start Partnership Business.

Yes there are procedures available to convert your Partnership firm into Private Limited Company but Time-consuming.

Decide a Trade name by which you want to start your Firm and contact Businessmitra to get help. Lawyers will prepare a customized Partnership deed for you and professionals of Businessmitra will get necessary registrations and licenses applicable to your business and will help you to decide the way of your business.
Packages Economy Most Popular Recommended
Services
Basic ( Rs. 4495)
Standard ( Rs. 17495)
Premium (Rs. 27495)
  Drafting of Partnership Deed
Drafting of Partnership Deed
  PAN & TAN
PAN & TAN
  GST Registration
GST Registration
  Firm Registration with Registrar of firms
Firm Registration with Registrar of firms X
  Govt Fee
Govt Fee X
  Income Tax Return Filing(?)
Income Tax Return Filing(?) X
  Annual Report(?)
Annual Report(?) X
  Trademark Registration(?)
Trademark Registration(?) X X
  Initial GST Return filing for 3 months
Initial GST Return filing for 3 months X X
  Udyam Registration
Udyam Registration X X

Difference between Partnership Firm V/s Limited Liability Partnership (LLP)

Partnership Firm Limited Liability Partnership (LLP)
  • Registration of Partnership Firm is not mandatory except in special circumstances and can be done any time after starting the business.
  • Partnership Firm is registered with Registrar of Firms.
  • Partnership Firm is less reliable form of business as compared to LLP.
  • Partnership Firm is governed by Indian Partnership Act 1932.
  • Partnership Firm has not separate legal status of its own and the partners of the Firm are jointly considered as Partnership Firm.
  • The partners are jointly and severally liable towards all the losses arising out of the partnership Firm.
  • Partners are agent of the Partnership firm as well as other partners. LLP.
  • The registration of LLP is mandated by law and before the start of business.
  • LLP is registered by MCA (Ministry of Corporate Affairs)
  • LLP is more reliable form of business as compared to Partnership Firm.
  • LLP is governed by Limited Liability Partnership Act 2008.
  • LLP has a separate legal status.
  • The liability of the Partners are limited to the extent and value of shares in LLP.
  • In LLP the Partners are the agents of the Firm only.