ComplyKart Services
The easiest type of business structure where two or more people come together to share profits in an agreed ratio. Register the Partnership Firm with the most trusted Experts.
Package Inclusions:
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Drafting of Partnership Deed
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Notary and Stamping of Partnership Deed
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Filling of Partnership Firm Registration Form
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Filling of PAN application for Partnership Firm
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Experience behind every filing
A quick snapshot of the work so far.
Fees
Fees and packages for partnership registration
Every requirement is a little different, so we quote after a short discussion — the consultation itself is free.
Partnership Registration
Talk to a ComplyKart expert — we’ll understand your requirement and share an exact written quote before you pay anything.
Partnership Firm Registration Package Inclusions
- Partnership deed drafting with profit-sharing terms
- Firm registration with the Registrar of Firms
- PAN application for the firm
- GST registration guidance where applicable
- Registered deed copy with compliance checklist
Overview
Overview
Partnership is a group of people who come together to start something as a team for the purpose of managing a business enterprise and sharing its profits or losses. A partnership can be between a minimum of two people or more where people come together to pool skills, resources, and money. The profit and loss faced by a Partnership Firm is divided between the partners of the firm as per mutually agreed Partnership Deed.
In the Partnership each partner has full power to act for the firm in carrying on its business thus, partners act as proprietors and also as agents of other partners. Each partner is individually liable to third persons for the obligations incurred for the firm but is also equally liable for obligations incurred by other partners when they are acting within the scope of the firm’s business.
Unlike Companies, a Partnership Firm does not have a legal entity separate and apart from its partners. Therefore earnings of the partnership is taxed as personal earnings of the partners. Partnership Firm does not have perpetual existence which means the death of all partners will result in dissolution of partnership. Agreement is most essential thing for starting business in partnership which will help partners to get a decision for any circumstance that may arise in future. In India, partnership is not necessarily required to be registered, however to enforce its rights, the Partnership Firm must be required to be registered.
Complykart is the Industry leader and trusted Company in Registration and managing hundreds of Companies across India. With a team of expert professionals, we offer exceptional services in minimum time. Get a free consultation for Partnership Firm registration and business setup in India by scheduling an appointment with our expert professionals.
Benefits
Advantages of partnership
Open each benefit to see what it means for you.
Easy to Start & Manage
It is very easy to start and manage as a Partnership Firm is not required to get itself registered mandatorily. Also, since the terms are defined in agreement it is easy to manage a Partnership.
Sharing of the responsibility
The responsibility is shared by all partners as per the agreement. Other than the profit and the loss, the duties & authorities are also divided between the different partners.
Easy Name availability
Since a Partnership Frim is not required to be registered as a Company, it can use any business name of its choice unless it applies for Trademark.
Not Audit required
Generally Audit is not required for a Partnership Firm unless it crosses certain threshold. Also, Annual return is not required to be filed with the registrar of firms as is required for a LLP.
Partnership Deed
A Partnership Firm runs on the basis of a written agreement between partners which is called as Partnership Deed where all the roles and responsibilities of Partners are clearly mentioned and registered with registrar of firms.
Documents
Documents required
Clear, current documents matter more than a long checklist. Names, dates of birth and addresses should match across records.
PAN Card of all the Partners
Process
Process of registration for partnership
You’ll see each stage, what’s pending and what we need from you — so filings don’t bounce back.
Drafting Partnership Deed
The Partners are required to finalise the terms between them like the profitability ration and other important points which is to be entered into the Partnership Deed.
Filing of Application From
The application form of the partnership is filled in prescribed form with the regional Registrar of Firms with prescribed Fees.
Issuance of COI
After submitting the documents and payment of the registration fee, the Registrar issues a Certificate of Incorporation.
Apply for PAN
Once the Certificate of Registration is issues by the Registrar, one must apply for the PAN of Partnership Firm.
Why ComplyKart
How ComplyKart helps in this Entire Process
You should know who’s doing what. Open a stage to see how the work is shared.
Consulting
Our Partnership Firm Registration experts will provide you with the best consultancy on Registration procedure and the r...
Help in preparing Relevant Documents
We help our clients in preparation of application and necessary documents to be presented to Registrar of Firms.
Filing of Document with Registrar
We will fill the Form-I with the Registrar along with necessary documents required for getting the approval which is obt...
Follow-Up
Our experts continuously follow up with the development with the Authorities and ensure speedy registration process.
If a founder or investor is outside India
Foreign ownership is possible in many sectors, but it adds document authentication, banking and FEMA work. Set the route before funds move.
Plan before you start
- Check whether your sector permits automatic-route foreign investment
- Confirm the Indian resident director arrangement
- Map ownership, beneficial ownership and pricing
- Allow time for apostilled or consularised documents
Plan for after setup
- Receive funds through permitted banking channels
- Complete RBI/FEMA reporting and keep the bank evidence
- Coordinate tax and ongoing compliance advice early
Comparison of Popular Company Registration Options
A practical starting point — not a substitute for advice on your specific situation.
| All Features | Private Limited | Limited Liability Partnership | Partnership Firm | One Person Company | Proprietorship Firm |
|---|---|---|---|---|---|
| Ideal For | entrepreneurs with Vision | Professionals & small Traders | Small Businesses Firms | Individual Promoter | Small Business |
| Venture Capital Funding | Available | Available | Not Available | Not Available | Not Available |
| Limited Liability Protection | Limited on Promoters | Limited on Promoters | Unlimited Liability | Limited on Promoter | Unlimited Liability |
| Existence of Business | Perpetual Existence | Perpetual Existence | No Perpetual Existence | Perpetual Existence | No Perpetual Existence |
| Tax Advantage | Fewer Benefits | Maximum Benefits | No Benefits | Fewer Benefits | No Benefits |
| Compliances | High | Low | Minimum | High | Minimum |
| Time taken in Incorporation | 7-8 Days | 20-25 Days | 5 Days | 7-8 Days | 5 Days |
| Credibility | High | High | Low | Low | Minimum |
What clients say about working with us
Real stories from businesses we've worked with.
Our Trademark was applied in all the classes with a short span of time by Complykart Trademark Experts and I can say the level of expertise and commitment they carry is remarkable. It's an A+ from my side. We are now sticking to ComplyKart only.
I found the professionalism of the staff at complykart.com, a pleasure to work with. As a foreigner to India, they took the time to explain the documentation and assisted in every question I raised. I was pleased that complykart.com made it easy for my Business.
Trust, Commitment, Dedication and responsiveness are the best things with ComplyKart. Thanks for handling our Merger assignment with so much care. After my business disputes, complykart handles all things with own sense of understanding.
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