Partnership Firm Registration

Partnership Firm Registration

Registering a partnership firm offers numerous advantages for entrepreneurs and business owners. TaxMyles provides expert assistance for seamless online partnership firm registration.

  • Partnership firm registration – We handle the entire registration process for you.
  • Documentation support – Our team assists in preparing and managing all necessary documents.
  • Drafting partnership deeds – We create clear and legally sound partnership deeds tailored to your needs.
  • Legal compliances – We ensure timely PAN and TAN registration and compliance with all relevant laws.
  • Efficient registration process – We complete the registration process within the required timelines.

Overview of Partnership Firm Registration

A partnership firm is a business structure in India that requires at least two individuals who agree to share profits in predetermined ratios from activities such as trade, occupation, or professional services. Governed by the Indian Partnership Act, 1932, the partners formalize their relationship through a partnership deed, which sets out the terms of cooperation and the firm’s operations.

Partnership Firm Registration Process

  1. Choose a Partnership Name and ensure it meets legal requirements.
  2. Draft the Partnership Deed outlining roles and responsibilities.
  3. Obtain PAN for the partnership firm.
  4. Register the Partnership Deed (optional but recommended for avoiding disputes).
  5. Submit Documents: Identity proof, address proof, partnership deed, and office address proof.
  6. Obtain Certificate of Registration from the Registrar of Firms.
  7. Apply for PAN and TAN for tax purposes.
  8. Open a Bank Account using the Certificate of Registration and PAN.

Documents Required for Partnership Firm Registration

  • Certified original copy of Partnership Deed
  • PAN card and address proof of the partners
  • PAN card and address of the firm
  • Proof of principal place of business of the firm (ownership documents or rental/lease agreement)

Tax-Related Advantages

  • Tax Deductions for business expenses.
  • No Double Taxation – profits are taxed only at the individual partner level.
  • GST Benefits and eligibility for government schemes.

Why Choose TaxMyles for Partnership Firm Registration?

TaxMyles offers endtoend support for setting up and maintaining a compliant partnership firm. Our experts guide you from the earliest planning stage—advising on the partnership agreement, profitsharing ratios, and capital contributions—through to the final submission of registration documents. We prepare the partnership deed, complete the required forms, pay statutory fees, and file the application in line with the Indian Partnership Act, 1932.

Beyond registration, TaxMyles secures all essential licenses and numbers for your firm, including PAN, TAN, GST registration, and shop or establishment licenses where applicable. We also provide ongoing compliance assistance: timely tax filings, audit coordination, partner change formalities, statutory intimations, and any other legal requirements—keeping your partnership fully compliant year after year.