Perfect for multiple partners sharing business ownership. Get complete registration with partnership deed, licenses, and compliance setup.
Ideal for businesses with multiple partners sharing ownership and responsibilities
Pool financial resources, skills, and expertise from multiple partners for stronger business foundation.
Distribute business operations, decision-making, and workload among partners for better management.
Easier to establish than companies with minimal compliance requirements and flexible structure.
Partners can claim salary from firm, providing tax planning opportunities and optimized tax structure.
Enhanced creditworthiness with multiple partners' financial backing and business credibility.
Business continues even if one partner exits, providing stability and long-term sustainability.
Complete registration in 7 systematic steps
Draft comprehensive partnership deed defining roles, profit sharing, and business operations.
Register partnership firm name with Registrar of Firms in respective state.
Obtain PAN card for firm and TAN registration for tax deduction purposes.
Register for GST if annual turnover exceeds ₹20 lakhs (₹10 lakhs for special states).
Open current account in firm's name with partnership deed and registration certificate.
Obtain industry-specific licenses like shop establishment, professional tax, and trade licenses.
Complete setup with compliance systems, accounting setup, and operational launch.
Complete documentation checklist for partnership registration
Minimum 2 partners required, maximum 20 partners allowed (10 for banking business).
All partners must be at least 18 years old with valid identity documents.
Partners can be Indian citizens or foreign nationals with proper documentation.
Comprehensive partnership agreement defining all terms and conditions of partnership.
Most business activities allowed except banking, insurance, and other highly regulated sectors.
Comprehensive packages designed for partnership firm registration
+ Government fees (if applicable)
+ Government fees (if applicable)
+ Government fees (if applicable)
Real partnerships that started their journey with Legal Chanakya
Kumar Construction Partners
Bangalore
" Started our construction business as partnership firm with Legal Chanakya's help. Their partnership deed drafting and GST registration made the process seamless. "
Sharma Fashion House
Delhi
" Legal Chanakya helped us establish our fashion retail partnership with all necessary registrations and licenses. Their support was invaluable. "
Patel Trading Company
Mumbai
" Their expertise in partnership registration and import-export documentation helped us launch our trading business successfully across multiple states. "
Understanding different business structures to make the right choice
Features | Partnership Firm | Sole Proprietorship | Private Limited |
---|---|---|---|
Number of Owners | 2-20 Partners | 1 Owner | 2-200 Members |
Liability Protection | Unlimited | Unlimited | Limited |
Setup Cost | Medium | Lowest | Highest |
Compliance | Moderate | Minimal | High |
Tax Benefits | Good | Basic | Excellent |
Best For | Multi-Partner Business | Solo Business | Growth Business |
Trusted by thousands of entrepreneurs across India
Complete legal services across all states and union territories with local expertise and nationwide reach.
Qualified legal professionals and CA/CS experts with years of experience in business compliance.
Quick turnaround times with transparent processes and regular updates on your application status.
No hidden fees or surprise charges. Clear, upfront pricing with flexible payment options for all budgets.
Complete assistance from application to completion with dedicated relationship managers and 24/7 support.
Digital-first approach with secure online document management and e-signatures for hassle-free experience.
Our commitment to excellence is reflected in our client ratings and milestones
Rated as one of India's most trusted legal service providers
Get expert guidance for partnership firm registration with complete documentation and compliance support.
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