Partnership Firm Registration
A properly drafted deed prevents most partner disputes before they start.
What this is
Formation of a partnership under the Indian Partnership Act, with a deed covering capital, profit sharing, roles, admission and exit of partners, followed by PAN, TAN and registration with the Registrar of Firms.
Who should use this
Two or more people starting a business together
Family run trading and service businesses
Existing informal partnerships that never documented terms
Professionals sharing an office and clients
What you get out of it
Disputes prevented
Clear terms on money, exit and decision making, agreed while everyone is friendly.
Simple compliance
No ROC annual filings, far lighter than a company.
Legal standing
A registered firm can enforce its rights in court, an unregistered one is restricted.
Banking ready
Deed and PAN prepared in the form banks accept.
Documents required
Tap each item as you collect it. Your progress is saved on this device.
Step by step
Typical timeline: 5 to 10 working days
- 1
Terms discussion
We take you through the clauses that matter most, including exit terms.
- 2
Deed drafting
A tailored deed, not a template, shared for your review.
- 3
Stamping and signing
Executed on stamp paper of the correct value for your state.
- 4
PAN and TAN
Applied for in the firm's name.
- 5
Registrar filing
Registration with the Registrar of Firms completed.
Partnership Firm Registration questions
Is registration compulsory?+
Not strictly, but an unregistered firm cannot enforce contractual claims in court, so registration is strongly advisable.
How is a partnership taxed?+
The firm is taxed at a flat rate, with partner remuneration and interest allowed within statutory limits.
How many partners can we have?+
Up to the limit prescribed under company law, currently fifty for most businesses.
Partnership or LLP?+
LLP gives limited liability and perpetual existence but has annual ROC filings. We compare both on your numbers.
Ready to start Partnership Firm Registration?
Message us with your situation. You get the exact document list, timeline and fee before any work begins.
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Please note. VIA Tax Hub provides tax filing, compliance and registration assistance. Statutory rates, thresholds and due dates change from time to time, so confirm the current position with us before acting. Nothing here is investment advice or a legal opinion, and VIA Capital is not a SEBI registered adviser.