Partnership Firm Services

Formation & Registration

End-to-end assistance in setting up your Partnership Firm — from choosing the right business structure to drafting your Deed, completing registration, and getting all statutory registrations in place.

Best suited for: handshake 2+ Partners Starting a Business family_restroom Family & Professional Businesses receipt_long Governed by Indian Partnership Act, 1932
Step 1 — Where to Begin

Advisory on Choosing the Right Structure

Before formation, we help you make the most consequential decision — which structure fits your goals, risk appetite, and compliance bandwidth.

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Recommended for Most

Partnership Firm

  • check_circle Simplest to form — minimal compliances
  • check_circle No mandatory audit below ₹1 crore turnover
  • check_circle Flexible profit sharing & management
  • check_circle Partners taxed at 30% flat rate
  • info Unlimited personal liability of partners
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More Formal Structure

Limited Liability Partnership (LLP)

  • check_circle Limited liability for all partners
  • check_circle Separate legal entity status
  • check_circle Annual MCA filing required
  • check_circle Suitable for professionals & consultants
  • info Higher compliance cost vs. partnership
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Maximum Scalability

Private Limited Company

  • check_circle Best for investor-backed ventures
  • check_circle Limited liability & perpetual succession
  • check_circle Share-based ownership & equity dilution
  • check_circle Mandatory statutory audit every year
  • info Highest compliance & governance overhead
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Our Advisory Approach

We evaluate your business activity, partner count, liability concerns, funding plans, and tax efficiency before recommending a structure. A 30-minute consultation often saves years of restructuring costs.

What We Handle

Complete Formation & Registration Suite

From the first conversation to the day your firm is fully operational — we manage every legal, tax, and regulatory step.

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Core Document

Drafting & Execution of Partnership Deed

A meticulously drafted Partnership Deed is the constitutional document of your firm. We customise every clause — profit-sharing ratios, partner remuneration, capital contributions, dispute resolution, and retirement terms — aligned with the Income Tax Act and the Indian Partnership Act, 1932.

  • check_circle Custom profit-sharing & remuneration clauses
  • check_circle Capital contribution & interest provisions
  • check_circle Admission, retirement & dissolution clauses
  • check_circle Stamp duty payment & notarisation assistance
Executed before any business activity arrow_forward
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Indian Partnership Act, 1932

Registration of Partnership Firm

While registration is not mandatory under the Indian Partnership Act, 1932, an unregistered firm cannot sue third parties or partners. We handle the complete registration process with the Registrar of Firms in your state — preparation of Form I, affidavits, and follow-ups until the Certificate of Registration is issued.

  • check_circle Application in Form I to Registrar of Firms
  • check_circle Affidavit & supporting document preparation
  • check_circle Follow-up with registrar office & compliance
  • check_circle Certificate of Registration procurement
State-specific Registrar of Firms arrow_forward
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Tax Identity

PAN & TAN Application for the Firm

A PAN is mandatory for opening a bank account, filing income tax returns, and conducting all financial transactions. If your firm will deduct tax at source (on rent, professional fees, salary, etc.), a TAN is equally essential. We handle both applications and ensure they are obtained before the firm begins operations.

  • check_circle PAN application in Form 49A for the firm
  • check_circle TAN application for TDS obligations
  • check_circle Liaison with NSDL / UTIITSL as required
  • check_circle PAN card & TAN allotment letter delivery
Typically 5–7 working days arrow_forward
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Operations Ready

GST Registration & Bank Account Setup

GST registration is mandatory if your aggregate annual turnover exceeds ₹20 lakh (₹10 lakh for special category states) or if you undertake inter-state supply. We handle the end-to-end GST application and assist with opening the firm's current account — a requirement before receiving client payments.

  • check_circle GST registration application on GST portal
  • check_circle GSTIN allotment & ARN tracking
  • check_circle Current account documentation advisory
  • check_circle Bank KYC document checklist & guidance
GST approval in 3–7 working days arrow_forward
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Identity & Branding

Naming & Branding Considerations — Legal Clearance

Your firm's name is its first legal asset. We advise on permissible naming conventions, screen for trademark conflicts, check for existing firm name registrations in your state, and flag names that may invite regulatory objections — so your brand starts on solid legal footing.

check_circle Firm name availability search
check_circle Trademark & IP conflict screening
check_circle Prohibited name & keyword advisory
check_circle Domain name & digital presence guidance
Our Process

From Idea to Operational Firm in 3–4 Weeks

1

Initial Consultation & Structure Advisory

We understand your business, partners, and goals — then recommend Partnership, LLP, or Company with clear reasons and tax implications.

Day 1
2

Name Finalisation & Deed Drafting

Legal clearance on the chosen firm name, followed by a fully customised Partnership Deed incorporating all partner terms, remuneration structures, and protective clauses.

Days 2–5
3

Execution, Stamp Duty & Registration

Stamp paper procurement, Deed signing, and filing Form I with the Registrar of Firms in your state. We manage all follow-ups until the Certificate of Registration is in hand.

Days 5–14
4

PAN, TAN & GST Registration

Simultaneous applications for PAN and TAN. GST registration filed basis turnover thresholds or inter-state supply requirements. Bank account documentation checklist provided.

Days 10–21
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Firm is Operational

Your firm has its Certificate of Registration, PAN, TAN, GSTIN, and bank account. Ready to invoice clients, hire staff, and conduct business — fully compliant from day one.

By Week 3–4
Our Advantage

Why Founders Choose Us for Formation

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Deed Built for Tax Efficiency

Every clause is crafted to maximise admissible deductions under Section 40(b) from the very start.

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Fast Turnaround

We work in parallel on multiple registrations to get your firm fully operational in the shortest possible time.

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Single Point of Contact

One dedicated manager handles every registration, follow-up, and query — no chasing multiple agencies.

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Compliance-Ready from Day 1

We brief your team on first-year obligations so there are no surprises at your first annual compliance deadline.

Ready to Register Your Partnership Firm?

Speak with our team today. We'll walk you through the entire process, help you choose the right structure, and get your firm registered with zero hassle.

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Office Address

4th Floor, Solitaire 1, New Link Rd, Malad West, Mumbai 400064.

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Direct Line

+91-8169820387 | 022-46022657