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Partnership · Partnership Deed · Registrar of Firms · India

Partnership a properly documented partnership, built to last.

End-to-end partnership firm registration in Mumbai and across India — partnership deed drafting, stamp duty, Registrar of Firms registration, PAN, GST registration, and bank account support.

A partnership firm is a business where two or more persons carry on business together and share profits and losses. Governed by the Indian Partnership Act, 1932, it is one of the simplest business forms — requiring only a partnership deed, with minimal compliance and taxation as a firm at 30% on net profit.

The partnership deed sets out the firm name, business activity, capital contribution, profit-sharing ratio, partner roles, bank account operation, and the process for admitting or retiring partners. While Registrar of Firms registration is optional, an unregistered firm cannot file a suit to enforce its rights against third parties, making registration strongly advisable.

Our partnership registration practice covers deed drafting, stamp duty payment, notarisation, Registrar of Firms application, PAN for the firm, GST registration, bank account opening, and deed amendment for addition or retirement of partners.

Our Partnership Registration Services

01

Partnership Deed Drafting

Customised deed covering business activity, capital, profit-sharing, roles, and dissolution.

02

Stamp Duty Payment

State-specific stamp duty computation and payment on the deed before execution.

03

Deed Notarisation

Notarisation by a notary public for authentication and evidentiary value.

04

Registrar of Firms

Registration under Section 58 of the Indian Partnership Act.

05

PAN for Firm

PAN application in the name of the firm as a taxable entity.

06

GST Registration

GST registration for the firm based on turnover and activity.

07

Bank Account Opening

Assistance with current account opening formalities.

08

Deed Amendment

Drafting and registration of supplementary deed for partner changes.

Our Partnership Registration Workflow

1

Structure Advisory

Advise on partner roles, capital, profit-sharing, and business activity clauses.

2

Deed Drafting

Draft the partnership deed with all agreed terms.

3

Stamp & Notarisation

Pay stamp duty and get the deed notarised.

4

Registrar Filing

File the registration application and obtain the certificate.

5

PAN, GST & Bank

Apply for PAN, complete GST registration, and assist with bank account.

Benefits of Registering a Partnership

Registered firm can sue third parties to enforce rights
Deed protects each partner's agreed share
Simple structure — minimal compliance vs Pvt Ltd or LLP
Tax-efficient for small trading and professional businesses
Profit-sharing ratio is flexible and customisable
Easy to admit or retire partners through deed amendment
No minimum capital requirement
PAN and GST give the firm a formal business identity

Frequently Asked Questions

Not compulsory, but an unregistered firm cannot sue third parties or co-partners. Registration is strongly recommended.

Minimum 2, maximum 50 for most businesses.

At a flat 30% on net income plus surcharge. Partners' share of profit is exempt in their hands.

In a partnership, partners have unlimited personal liability. In an LLP, liability is limited to their contribution. An LLP is a separate legal entity; a partnership is not.

Yes — a partnership can convert to an LLP under the LLP Act or to a Pvt Ltd under the Companies Act with MCA approval.

Register Your Partnership Firm

From deed drafting to Registrar of Firms registration, PAN, and GST, our team sets up your partnership correctly.

Register My Partnership or call +91 9819 000 511