Register with the Registrar of Firms (RoF) to enforce the Partnership Deed in court and sue third parties — CA-led deed drafting and filings.
A Partnership Firm, governed by the Indian Partnership Act, 1932, is one of the oldest and most straightforward business structures in India. While an unregistered partnership is legally valid, registering with the RoF is strongly advisable — registered firms can sue partners and third parties, and partners can enforce rights under the Partnership Deed in court.
Typically 2–50 partners (subject to applicable law for your activity). The Partnership Deed should set profit-sharing, capital, roles, dispute resolution, and admission/retirement.
No mandatory audit until turnover exceeds ₹1 crore (goods) or ₹50 lakhs (services/profession) under presumptive schemes — confirm for your case.
Profits taxed at individual slab rates in partners' hands; the firm itself may be taxed at 30% depending on structure and facts.
The Deed is your operating constitution — we draft it to match how you actually run the firm.
State-level registration for enforceability and credibility with banks and counterparties.
Suited for SMEs combining resources, skills, and capital without company-level compliance.
All partners have unlimited liability and participate in management
One or more partners have limited liability based on their investment
No fixed duration, continues until partners decide to dissolve
Prepare partnership deed with all terms, profit-sharing ratio, and clauses
Get the partnership deed notarized on stamp paper
Submit application with required documents to Registrar of Firms
Apply for PAN card in the name of the partnership firm
Open a current account in the firm's name
GST, MSME, Shop & Establishment as applicable
Get expert assistance with partnership deed and complete registration
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