Partnership Firm Registration

Overview

A Partnership Firm is a simple structure for businesses managed by two or more individuals, governed by a Partnership Deed.

Benefits

• Simple and cost-effective to form.
• Minimal compliance requirements.
• Shared responsibilities and decision-making.
• Lower registration cost than companies.
• Flexibility in operations.

Documents

• PAN and Aadhaar of partners.
• Passport-size photographs.
• Proof of office address.
• Partnership Deed signed by all partners.
• Bank account details of the firm.

Requirements

• Minimum 2 partners.
• Partnership Deed (registration recommended).
• Mutual agreement on terms.
• Filing with Registrar of Firms (for registered partnerships).