Partnership Firm

Partnership Firm

Partnership firm registration in India is a simple way for two or more people to start a business together. It is governed by the Indian Partnership Act, 1932. Registration is optional but recommended for legal benefits.


Types of Partnership Firms in India

In India, partnership firms are mainly of three types:

✔ General Partnership Firm – All partners have unlimited liability

✔ Limited Liability Partnership (LLP) – Partners enjoy limited liability protection

✔ Partnership at Will – No fixed duration; continues until partners decide to dissolve it.

Benefits of Partnership Firm Registration in India

Partnership firm registration in India offers legal recognition, easy bank account opening, and better business credibility. Registered firms can file legal cases against third parties, attract clients easily, and define partner roles clearly through a partnership deed. It is cost-effective, simple to manage, and ideal for small businesses.

Eligibility Criteria to Register a Partnership Firm

To register a partnership firm in India, there must be at least two partners who are competent to contract. All partners should agree to start the business and sign a partnership deed. The firm must carry on a lawful business, and the partners should have valid identity and address proof.

Process of Partnership Firm Registration in India

✔ Draft a partnership deed with partner details and profit-sharing ratio

✔ Notarize the partnership deed

✔ Apply for PAN of the partnership firm

✔ Fill and submit Form 1 with required documents

✔ File the application with the Registrar of Firms

✔ Receive the partnership firm registration certificate

Why choose our services?

Choose Cashwave Management for fast, hassle-free partnership firm registration with expert guidance at every step. We ensure accurate documentation, transparent pricing, and timely filing to avoid rejections. Our dedicated support team provides personalised assistance, making the entire process smooth, affordable, and stress-free for your business.

Documents Required

  • Aadhaar Card of all Partners
  • PAN Card of all Partners
  • Passport-size Photographs
  • Business Address Proof (Electricity Bill or Rent Agreement or NOC)
  • Partnership Deed
  • PAN Card of the Firm
  • Bank Account Details
  • Email ID
  • Mobile Number
  • GST Registration Certificate
  • Business License
  • Authorization Letter.

Need help with this service?

Our experts can guide you through documentation, filing and post-incorporation compliance. Share your requirements and we will get in touch.

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Need Assistance?

If you have questions about this service, feel free to reach out — we are here to help.

FAQs – Partnership Firm

A partnership firm is a business run by two or more people together. Partners share profits, losses, and responsibilities.

Identity and address proofs of partners and the partnership deed are required. Proof of office address is also needed.

GST registration is required if turnover exceeds the threshold or for interstate sales. Otherwise, it is optional.

A simple agreement can work, but a registered deed gives legal protection. It helps resolve disputes and is recognised by authorities.

In a partnership, partners have unlimited liability, while an LLP offers limited liability. An LLP is treated as a separate legal entity, unlike a partnership.

Plans & Pricing

Choose a plan that fits your business needs. All plans include expert support from Cashwave Management Pvt. Ltd.

Basic

₹2,999.00 + Govt. Fees
  • Partnership Deed (Standard format)
  • PAN Application (Firm)
  • Udyam (MSME)Registration
  • End-to-end registration guidance
Most Popular

Standard

₹5,499.00 + Taxes
  • Customized Partnership Deed
  • PAN Application
  • GST Registration
  • Udyam (MSME)Registration
  • Bank Account opening support
  • Stamp duty & notarization guidance

Premium

₹8,999.00 + Taxes
  • Advanced Partnership Deed (Capital
  • Profit Sharing
  • Admission/Retirement
  • Dissolution clauses)
  • PAN Application
  • Gst Registration
  • Udyam (MSME)Registration
  • Current Account support
  • First-year GST Return guidance
  • Income Tax Return filing (For- 1 Year)
  • Dedicated relationship manager

Disclaimer

Cashwave Management Pvt. Ltd. (CIN: U69202UP2025PTC219421) is a private consultancy firm providing professional assistance and support services in relation to business registration, taxation, accounting, and statutory compliance.

We are not affiliated with, endorsed by, sponsored by, or authorized by the Ministry of Corporate Affairs (MCA), Income Tax Department, GST Department, or any other Government authority.

All registrations, filings, returns, and applications are processed through the respective official Government portals in accordance with applicable laws and regulations. Approval, timelines, and outcomes are governed exclusively by the concerned Government authorities.

Cashwave Management Pvt. Ltd. does not claim to be a Chartered Accountant, Company Secretary, or Advocate, unless explicitly stated. Our services are limited to consultation, documentation support, and application assistance only.

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