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Partnership Firm Registration

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Partnership Firm Registration

Partnership Firm Registration

A firm or company established between two or more partners with the goal of earning profit is called as a Partnership Firm. It is not compulsory to register a partnership firm but there are added advantages if a partnership firm is registered. Partnership deed is the legal document which is created to form a partnership firm.

Indian Partnership Act 1932 is the governing law which regulates the partnership firms in India.As per the act “Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all”. Maximum number of members in a partnership is 10 for a banking business and 20 for other businesses to enter into a partnership firm.

Documents Required for Registration of Partnership Firm

Partnership Deed

Documents of Partners

Address Proof of firm

Additional partnership firm registration documents required

GST Registration

Partnership Firm Registration

Fee ₹ 6,000/-

Time - 3 to 5 Working days No Hidden Cost Terms and conditions apply