Partnership Firm
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Online Partnership Firm Registration in India
A Partnership Firm is a type of company in which either 2 or more partners have agreed to share the profits of a business carried on by all or any one of them acting for all. A partnership Firm is incorporated and regulated under the Indian Partnership Act of 1932 & its registration is governed by the Ministry of Corporate Affairs (MCA). The Indian Partnership Act, 1932 lays down the rights and duties of the partners between themselves and other legal relations between partners and third persons. Owners of this partnership are called Partners and they collectively form a Partnership firm. For the registration of a Partnership firm, a minimum of 2 partners and a maximum of 20 partners is required.
RuPayKart (Government Approved Startup), your trusted legal advisor, provides cost-effective, reliable and authentic Partnership Firm registration in India. We have a team of Experts CA, CS & Lawyers having vast knowledge of their respective fields. We incorporate your Partnership Firm as per the rules and regulations defined by the Ministry of Corporate Affairs. Post-registration of your Partnership Firm you will be getting a Certificate of Incorporation, MOA, AOA, TAN, PAN along with DIN allotment to the Directors. After which you can open a Current Account & start your business operation.
Registration of a Partnership Firm has many benefits.
Minimal Compliance
The rules and regulations of a Partnership Firm are laid down in the Indian Partnership Act, 1932, which is very minimal and easy to get follow.
Easy to Start
Quick Decision Making
Decision making is a bit of crux in any organization. Since the Partnership Firm has very less compliance and there is no concept of the passing of resolutions, decision-making is fast as compared to any other form of company.
Sense of Ownership
MINIMUM REQUIREMENTS
- Minimum 2 Directors.
- Minimum 2 Shareholders.
- Minimum Authorized Share Capital of Rs 1,00,000 (1 Lakh).
- One of the Directors must be an Indian resident.
- Unique Name of the Business.
- Registered Office.
Minimum requirements/checklist for Registering Partnership Firm in India
- Minimum 2 Directors.
- Maximum 202 Partners.
- Unique Name of the Business.
- Registered Office.
Documents required to get Partnership Firm registration
- Aadhar card/ Voter ID/ Driving License/ PassportLatest Electricity Bill/ Telephone Bill
- PAN card of partners
- Latest Passport Size Photographs of partners
- Bank Account statement of partners showing Account Number and IFSC
- Business Address Proof
- Company Name Approval
- GST Registration
- Startup India Registration
- Trademark™ Registration .
- If Owned - Electricity Bill/ Water Bill/registry Copy
- If Rented - Rent Agreement & NOC
- NOC from Owner No Objection Certificate to be obtained from the Owner(s) of the Registered Office.
- DIN & DSC of all partners.
For the registered office
- Notarized rent/ lease agreement
- Electricity/ Gas bills
- NOC from the property owner
- Property registry/ Sale deed (in case of owned property)
WHAT ALL YOU GET
- Certificate of Incorporation
- MOA+AOA
- DIN for Partners
- DSC for Partners
- Company PAN+TAN
- Company Name Approval
- GST Registration
- MSME Registration
- BRN Registration
- GeM Registration
- PF+ESIC Registration
- Domain+ Hosting+ Business Emails (Unlimited)
- Bank Account Opening
- Startup India Registration
- Trademark™ Registration
- Website Development
- Expert Consultancy
Our Pricing
Basic Plan
- Partnership Deed
- DSC for Directors (2 Nos.)
- Company PAN+TAN
- Expert Consultancy
Premium Plan
- All Benefits of Basic Plan
- ITR return filing of Partners
- Expert Consultancy
Corporate Plan
- All Benefits of Premium Plan
- GeM Registration
- PF+ESIC Registration
- Trademark™ Registration
- Startup India Registration
- Website Development*
- Domain+ Hosting+ Business Emails (Unlimited)
- Expert Consultancy
Pricing FAQ
If you don’t see an answer to your question, you can send us an email from our contact form.
How many days it requires to incorporate a Partnership Firm in India?
If all the documents are valid and applied for the registration, it takes 10- 15 days to get a Certificate of Incorporation. However, this time may get extended depending upon the work of the registrar.
What is a partnership firm??
A Partnership Firm is a type of company in which either 2 or more partners have agreed to share the profits of a business carried on by all or any one of them acting for all.
What are the minimum and maximum number of partners can a partnership firm have?
A Partnership firm can have a minimum of 2 partners and a maximum of 20 partners in order to get a Partnership Firm registration in India.
Can a minor become partner in a Partnership firm?
No, as per the provisions of the Indian Partnership Act, a minor cannot become a partner However, he can be admitted to the benefits of the partnership firm with the consent of the other partners but he is not personally liable for the losses of the firm.
Can Partnership Firm operate a microfinance and vehicle finance business in India?
No, as per the provisions and rules, Partnership Firm cannot enter into of such business in India. Can a non-resident become a partner in an Indian firm? A Non-Resident Indian and Person of Indian Origin can only invest in a partnership with prior approval of the Government of India.
Who can become a partner in a Partnership Firm?
Any resident Indian, who is above 18 years of age and possesses a sound mind can become a partner in a Partnership Firm.