Simplest way to run a business with 2 or more partners
Register your partnership firm with a drafted deed and PAN in 5–7 days.
Overview
Partnership Firm is one of India's oldest legal structures, governed by the Indian Partnership Act, 1932. Two or more partners (max 20) come together with a Partnership Deed defining their profit-sharing ratio, contribution, roles, and exit terms. Partnerships are popular among traditional businesses — family-run trading firms, professional service firms (CA / lawyer / architect practices), small manufacturing units, and partnerships between complementary skill holders.
There are two types: Unregistered Partnership (no filing with Registrar; deed alone is the contract) and Registered Partnership (filed under Section 58 with the Registrar of Firms in your state — Form A + Deed + court fee). Registration is not mandatory under the Act, but strongly recommended: an unregistered firm cannot sue third parties or its partners to enforce contract rights (Section 69). This single restriction has caused many partnership disputes to end in losses for the unregistered side.
RegisterEase handles both. Our ₹2,499 Basic delivers a 7-clause Partnership Deed (capital, profit/loss ratio, salary/interest, decision rules, exit/death, dispute resolution, arbitration), stamp paper purchase at the right state slab, notarisation, and PAN/TAN application. Our ₹4,999 Standard adds Form A filing with the Registrar of Firms in your state (gets you registered partnership status), GST registration, current account opening with major banks, and MSME / Udyam certification.
Tax-wise, Partnership Firm pays 30% flat tax at the firm level, plus 4% cess (effective 31.2%). Partners receive salary / interest / remuneration which is deducted at the firm level and added to their personal income. The maximum allowable partner remuneration depends on book profit slabs (Section 40(b)). Partners must file their individual ITRs separately, while the firm files ITR-5. This is more tax-efficient than proprietorship for higher incomes but less efficient than Pvt Ltd / LLP for businesses retaining profits.
Partnership liability is unlimited and joint — if the firm defaults on a loan, all partners' personal assets are at risk pro-rata. This is the biggest reason many founders skip partnerships for LLP (similar tax + limited liability) since 2009. RegisterEase routinely advises clients to use LLP instead of traditional partnership unless they have a specific reason (very small firm, single state operations, family business with high trust). Our consultation is free and unbiased.
Know exactly where your money goes. We charge zero markup on government fees.
Indicative split of Basic plan — govt fees are at actuals and included transparently.
You pay government fees at actuals — zero markup.
Benefits
Go live in under a week with minimal paperwork.
Cheapest structure for small family/partner businesses.
Custom profit-sharing defined in the deed.
Decisions distributed among partners.
Dissolution is straightforward via mutual agreement.
No mandatory annual returns to MCA.
Trust, in plain English
RegisterEase follows Google's helpful, people-first content guidance — transparent authorship, transparent process, transparent purpose.
This partnership firm registration page is written and reviewed by practising Chartered Accountants, Company Secretaries and Advocates on the RegisterEase editorial panel. Every guide is fact-checked against MCA, GSTN, CBDT and IPO primary sources before publishing, and re-verified after each Ministry notification or Union Budget update.
You submit documents once. A verified expert is assigned inside 24 hours, drafts every form, files with the concerned authority (Start Business), and posts progress into your 9-stage tracker. Government fees are pass-through at actuals — you can see line-item receipts in your dashboard.
Indian founders lose 40+ hours a year chasing consultants, portal errors and missing acknowledgements. RegisterEase exists to compress that into a single transparent workflow — one dashboard, one invoice, verified experts, and a money-back guarantee if we miss the committed timeline. No hidden charges, no lock-ins, no reselling.
Why RegisterEase
12,000+ founders trust us. Here's what makes the difference for Partnership Firm Registration:
Ready to start?
Free expert call · Govt fees pass-through · Money-back guarantee.
How it works
Approximate days per step (parallelized execution). Timeline breakdown is shown below.
Custom partnership deed drafted by lawyer.
Execute on stamp paper and notarize.
Apply for firm PAN and TAN.
Open current account with deed & PAN.
Total turnaround
5–7 working days
A dedicated expert handles every step — you just share documents and track progress.
Compare
| Feature | Unregistered | Registered |
|---|---|---|
| Mandatory under Act | No | No (but strongly recommended) |
| Can sue third parties | No | Yes |
| Can sue own partners | No | Yes |
| Recognized in court | Limited | Full |
| Govt tender eligibility | No | Yes |
| Registration cost | ₹2,500–₹3,000 | ₹4,500–₹5,500 |
| Time to register | Same day | 15–21 days |
Cost of non-compliance
Skipping Partnership Firm Registration or filing late triggers automatic penalties. Many founders learn this only when MCA blocks their next venture.
Pricing
Transparent pricing. No hidden fees. Govt fee included.
Pay only 30% today to lock in your plan. We draft everything; you review and pay the balance before final filing.
Perfect for small businesses and family partnerships.
Pay only 30% today, balance after draft
Pay 30% today (₹690), balance after draft
Perfect for businesses requiring GST registration.
Pay only 30% today, balance after draft
Pay 30% today (₹2,610), balance after draft
Complete business registration package.
Pay only 30% today, balance after draft
Pay 30% today (₹3,570), balance after draft
We prepare every document for your partnership firm registration. You review each draft, request changes, and only after your approval do you pay the remaining 70% — right before final submission.
Note: Government registration fees, stamp duty and notary charges (if applicable) will be communicated before processing. No hidden charges.
Customer Reviews
Real reviews from 18+ verified founders who registered their Private Limited Company with RegisterEase. From Mumbai to Guwahati, Kolkata to Kochi.
I was honestly tired of agents asking ₹15-20k upfront with no clarity. Paid only ₹2,499 on RegisterEase, my draft MoA and AoA were ready on day 4, and they explained every clause before submitting SPICe+. Incorporation certificate landed on day 16. The transparent state-wise stamp duty calculator was the deciding factor for me.
My co-founder is in Singapore so we needed help with the Apostille for his director documents. The relationship manager handled the entire foreign-director workflow without us chasing. DIN, DSC and PAN/TAN all came together. Will recommend to every founder I meet.
Other portals quoted me ₹9,500 'all-inclusive' and then asked extra for AoA stamp duty. Here the calculator showed me Tamil Nadu stamp duty (₹520) upfront. Final cost matched the quote to the rupee. That's rare in this industry.
Whole process was clean — got name approval in 5 days, MoA review email arrived as promised. The eMudhra DSC was slightly delayed because of the video KYC re-attempt, but support called and resolved it the same evening. 4 stars only because of that one delay, otherwise easily 5.
Stamp duty in Gujarat is on the higher side because of the AoA percentage rule. Their team explained it patiently and even suggested keeping authorised capital at ₹1 lakh to save ~₹2,500. Tiny advice that mattered. Got my COI within 19 days end-to-end.
What sold me was that I paid ₹1,499 upfront and reviewed all the drafts before paying the balance. I made 2 changes to the MoA object clause and they redid it without complaining. This is how every legal service should work.
We are a D2C apparel brand and needed a watertight object clause covering both manufacturing and marketplace sales. The CA spent a full 25 minute call with me drafting it. Two MCA queries were resolved by their team without me even knowing. Incorporation certificate landed in 18 days.
Pro plan was worth the extra ₹1,000. They verified all my docs the same evening I uploaded. Telangana stamp duty was correctly calculated (we have the 0.15% AoA rule). MSME certificate also done as part of the package. Highly professional outfit.
I had zero idea about MCA, SPICe+, INC-32 — all of it. Their executive walked me through every form on a screen-share call. Even helped me pick the right NIC code for my consultancy business. Got the COI in 22 days. Thank you team!
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