Partnership Firm Registration

Get your partnership firm registered with easy process and transparent fee.

About This PackageDocuments RequiredThe ProcessReviewsFAQs

About This Package

Get your partnership deed the same day, get it notarized, apply for a PAN and open a bank account. We will help you start your business at the earliest.
Services Included
Drafting of Partnership Deed
Application for PAN Allotment
Application for TAN/TDS Allotment
Who Should Buy
Any person who wants to start business with a low compliance burden.
Any person who wants to share the risk and reward of business with others.
Anyone who wants to maintain the secrecy of business.

Documents Required

Copy of PAN Card
Copy of Aadhaar Card/Passport/Driving License/Voter Identity Card - any one
Passport size photograph
Mobile number and email ID
Electricity/water bill pertaining to the proposed registered office
Copy of rent agreement (if the office is running from a rented property), or sale deed (in case property is owned)

The Process

With My Legal Clinic, you're going to get the best accounting and legal professionals in India who will work to fulfil your requirements. The entire process is 100% digital and hassle-free. Our team strives to ensure that our services are delivered within the shortest span of time. We are known for our impeccable service delivery standards. Here is a description of how the overall process looks like:

1

100% Free Consultation

The first step in the process is to have a 100% free consultation with our team in which you will have direct access to our highly qualified consultants. They will listen carefully to your requirements, understand them in detail and then propose a solution that is tailored to your needs and budget.
2

You Make the Payment

Once you've decided which solution is best for your needs, you can promptly place an order and make the payment through a payment gateway on our website. Making the payment is absolutely secure and hassle-free.
3

We Deliver the Service

After confirming the receipt of your payment, we begin processing your order. Our team will get the required information and data from you to deliver the service on time and as agreed. During the entire process, we work hard to ensure all information in relation with your business is kept confidential and secure.
4

After Sales Support

Customer satisfaction is our number one priority and we do whatever it takes to make sure that you are happy with our service. After service delivery, we'll be available for you in case you might require additional help with anything. We'll go the extra mile to bring a smile to your face.

Reviews

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aman diwakar
August 26, 2022

I received the name of My Legal Clinic from one of my acquaintances and contacted them that very day to see whether they might assist me in registering my private limited company. I was concerned about the money because I had already invested much in my business. However, their fees are really reasonable, and the service is excellent.

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Kundan Kumar
August 26, 2022

My Legal Clinic has been a very good experience for me in trademark registration personally. These professionals are knowledgeable about their specific field of work. The prices of their consultancy are very reasonable.

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Ratnesh Mishra
August 25, 2022

Be it your any requirement of financial services a name that can deliver best for you- My Legal Clinic. The brand is led by a team of people with some extremely blazing talent rigorously hardened with sufficient field work experience. Reach out to them and they will bother your concern.

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Piyush Pandey
August 25, 2022

Excellent service..

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Buggeterian Traveller
August 25, 2022

When I first started my business, I realised I needed to file for GST. To be honest, I was perplexed. I felt it would be a great idea to contact a professional firm because I am usually preoccupied with my business. My Legal Clinic, on the other hand, proved to be really wonderful in their GST job. They handled everything with ease.

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anup seth
August 25, 2022

Prompt service

Frequently Asked Questions (FAQs)

What are the pre-requisites for starting a partnership firm in India?

To start a partnership firm, the minimum number of partners is two, whereas the maximum number of partners can be 20. The partners must come together to carry on any business with the motive of earning profits.

Do I have to furnish any capital for partnership firm registration in India?

There is no minimum capital requirement, it does not mean you don't have to invest anything. You and your partner/partners would be required to infuse capital into the partnership firm; however, the amount can be decided amongst yourselves. There are no minimum requirements.

Does the law prohibit a non-citizen to become a partner?

The Act does not prohibit a non-citizen from participating as a partner, subject to certain clearances from the Government.

Can a minor become a partner?

The act prohibits a minor from entering into a partnership contract. However, a minor can be admitted to advantage from the profits with the consent of all the partners.

Will I be directly liable for the business?

You and all your legal partners would be directly liable for the liabilities of Partnership Firm in the ratio of profit sharing. Having said that the business structure that comes with a partnership registration has a robust architecture. Things are well defined and noted on stamp paper. Capital contribution is also clear and so are the responsibilities of the directors. Everything is noted legally and mentioned in the partnership deed registration document. Partnership Firm is a separate legal entity entitled to acquire assets and liable for its liabilities.

Can a new partner be admitted to the partnership?

Yes. Generally, a partner nominates the successor in case of retirement or death of that partner. The terms of the admission of a new partner are usually mentioned in the Partnership Deed. A new agreement entailing the new profit-sharing ratio is required to be made.