Partnership Firm Registration
Simple Structure. Shared Ownership. Quick Setup.
4.7 (41 reviews)
Last Updated: June 2025
What is a Partnership Firm?
A Partnership Firm is a traditional business structure where two or more individuals come together to run a business and share profits. It is governed by the Indian Partnership Act, 1932, and is best suited for small businesses, family enterprises, traders, and service providers.
It offers easy formation, flexibility, and minimal compliance.
📜 Service Description
Vakilify’s Partnership Registration includes:
Partnership Deed Drafting – Custom legal agreement outlining profit share, roles & responsibilities
Document Preparation – KYC of partners, address proof, firm details
Registration with Registrar of Firms – For registered partnerships (optional but recommended)
PAN for Firm – Government tax ID for banking and compliance
Business Advisory – Tax, GST, and compliance guidance

GET IN TOUCH
Partnership Firm Registration
🏛 Laws Governing Partnership Firms
Vakilify ensures your firm complies with:
Indian Partnership Act, 1932
Income Tax Act, 1961
Applicable State Laws
Information Technology Act, 2000 (for e-sign and digital processes)

How it works?
Check out our other Products

TESTIMONIALS
What our Clients are Saying


FAQ’S
Frequently Asked Questions
No, but it’s highly recommended for legal recognition and enforceability.
Minimum 2 partners. No maximum limit (but ideally under 20).
3–7 working days typically, depending on the state and documentation.
3–7 working days typically, depending on the state and documentation.
Yes, firms are required to get a PAN for financial and tax purposes.
Yes, conversion is possible with the right process and approvals.
Flat income tax rate of 30% + surcharge and cess. No separate tax for partners’ share.
Yes, once PAN is issued and the deed is notarized/registered.