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Here’s How The Partnership Firm Registration Process Works

Your partnership firm registration journey broken down into clear, simple steps.

1

Collect basic business and partner details.

2

Verify documents of all partners.

3

Draft a customized Partnership Deed as per agreed terms.

4

Notarize the Partnership Deed for legal validity.

5

Apply for Firm PAN.

6

Apply for Firm TAN (if required).

7

Register the firm with the Registrar of Firms (optional but recommended).

8

Apply for GST Registration (if applicable).

9

Deliver final registration documents and digital copies.

Select Packages

BASIC PLAN

Registration Only

₹ 4,999.00 + Govt Fee

  • InvenixPartnership Deed Drafting
  • InvenixFinal Deed Preparation (as per State Requirements)
  • InvenixPartner Appointment Clauses
  • InvenixCapital Contribution Structuring
  • InvenixProfit Sharing Clause Drafting
  • InvenixStamp Paper Guidance
  • InvenixNotary Assistance
  • InvenixFirm PAN Application
CORPORATE PLAN

Partnership Registration + GST Registration & Returns Filing For 12 Months

₹ 16,987.00 + Govt Fee

  • InvenixDrafting of Partnership Deed
  • Invenix Finalisation of Partnership Deed
  • InvenixNotary assistance
  • InvenixFirm PAN application
  • InvenixPreparation of documents
  • InvenixGST certificate issuance
  • InvenixMonthly/Quarterly GSTR-1 & GSTR-3B filing
  • InvenixMonthly ITC reconciliation
  • InvenixMonthly GST payment calculation
  • InvenixGSTR-9 annual return filing
SMART PLAN

(FREE Partnership Registration) All Compliances GST+TDS+INCOME TAX For 12 Months

₹ 21,485.00 + Govt Fee

  • InvenixDrafting of Partnership Deed
  • InvenixFinalisation of Partnership Deed
  • InvenixNotary assistance for deed execution
  • InvenixFirm PAN application filing
  • InvenixMonthly/Quarterly GSTR-1 & GSTR-3B filing for 12 months
  • Invenix GST annual return filing (GSTR-9)
  • InvenixQuarterly TDS return filing
  • InvenixGeneration of Form 16A (TDS certificates)
  • InvenixPreparation of Financial Statements & Annual ITR-5 filing
  • InvenixCalculation of Advance tax (If Applicable)
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Documents Required

Key documents required for hassle-free Partnership Firm registration.

  • PAN Card of All Partners
  • PAN is mandatory for identifying each partner and linking financial records with income tax systems. It ensures transparency and legal recognition.

  • Aadhaar Card of All Partners
  • Aadhaar helps in identity verification and is required for e-signing, notarisation, and authentication on government portals.

  • Passport Size Photographs
  • Recent photographs of all partners are required for record creation and official documentation.

  • Proof of Business Address
  • Electricity bill, rent agreement, property tax receipt, or registry copy to establish the firm’s operational location and for GST and bank account opening.

  • NOC from Property Owner (If Rented or Shared Space)
  • A simple No Objection Certificate confirming permission to use the premises for firm operations.

  • Partnership Details
  • Names of partners, capital contribution, profit-sharing ratio, responsibilities, and business objectives, required to draft the Partnership Deed.

  • Email ID & Mobile Number of All Partners
  • Required for OTP verification, communication, and receiving updates from government portals and authorities.

Benefits of Partnership Firm Registration

Easy Formation and Simple Structure

A Partnership Firm is one of the easiest business structures to start. With a properly drafted deed, partners can commence operations almost immediately without heavy compliances.

Shared Responsibilities

Workload, financial responsibilities, and business risks are distributed among partners, reducing pressure on any single person and enabling better decision-making.

Flexible Management

Partnership firms offer complete flexibility in managing day-to-day operations. Changes in roles or business activities can be made easily by amending the Partnership Deed.

Low Compliance & Cost-Effective

Compared to companies and LLPs, partnerships have minimal compliance requirements and no mandatory ROC filings, making them highly economical for SMEs.

Better Access to Funds & Resources

With multiple partners, the firm benefits from pooled capital, shared resources, and stronger financial stability, improving growth potential and creditworthiness.

Ideal for Traders, Service Providers & SMEs

Widely chosen by traders, manufacturers, consultants, and professional firms where two or more individuals want to operate jointly with shared control.

Eligibility for Registrations & Bank Account

A registered partnership can easily apply for GST, Trade License, Shop Act registration, and open a current account, increasing legal credibility and trust.

Why Register Through Invenix India Financial Technologies Pvt Ltd

Expert Drafting of Partnership Deed

We prepare customized, legally strong deeds tailored to your business model, ensuring all partner rights and duties are properly defined and protected.

End-to-End Registration Assistance

From drafting and notarisation of the deed to PAN/TAN application and firm registration, we manage everything under one roof.

Dedicated Relationship Manager

Every client gets a personal relationship manager who handles documentation, clarifications, updates, and follow-ups with authorities.

Transparent & Fixed Pricing

Our pricing is fixed and clearly communicated. You pay only what we quote—there are no hidden or surprise charges later.

Fast Processing & Accurate Documentation

We ensure quick drafting, notarisation and registration with 100% accurate documentation to avoid future disputes and rejections.

Long-Term Compliance Support

Beyond registration, we support you with GST filing, accounting, TDS, tax planning, and annual compliance to keep your firm compliant always.

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FAQ's – Partnership Firm Registration

A Partnership Firm is a business owned by two or more people who share profits, liabilities, and responsibilities under a legally drafted Partnership Deed.
No, registration is not mandatory under law, but it is highly recommended because a registered firm enjoys stronger legal protection and enforceable partner rights.
A minimum of 2 partners and a maximum of 20 partners are permitted in a general Partnership Firm.
Usually 1–3 days for deed drafting and notarisation, and additional time as per the Registrar of Firms and other authority processing timelines.
A Partnership Deed is a legal document that outlines each partner’s rights, duties, capital contribution, profit-sharing ratio, and other operational terms of the firm.
Yes, notarisation is necessary for legal validity and is generally required by banks and authorities for opening a current account and registrations.
Yes, the firm receives its own PAN, which is mandatory for tax filing, banking, and other financial transactions.
Yes, partnership firms can register under GST if their turnover crosses the prescribed limits or if their business category requires mandatory GST registration.
Yes, banks generally require a notarised Partnership Deed, PAN, KYC and address proof to open a current account in the firm’s name.
Yes, a salaried person can become a partner in a firm unless their employment agreement specifically restricts such involvement.
Yes, a partnership firm can be converted into an LLP or a Private Limited Company when the business grows or needs a more advanced structure.
Audit is required only if the firm’s turnover or income crosses thresholds specified under the Income Tax Act or other applicable laws.
No, under traditional partnership law, the partners and the firm are treated as one entity for tax and legal purposes, unlike companies or LLPs.
The profit-sharing ratio is decided mutually by partners and is clearly mentioned in the Partnership Deed. It can be changed later by amending the deed.
Yes, a partner can exit the firm through a deed amendment or as per terms in the Partnership Deed and applicable dissolution procedures.
Minors cannot be full partners, but they can be admitted to the benefits of partnership with consent of all partners, as per legal provisions.
Partners usually contribute capital in cash, assets, or even expertise. The quantum and nature of contribution is mutually agreed and recorded in the Deed.
Yes, partners can draw salary, interest on capital, or commission if such provisions are clearly mentioned in the Partnership Deed and subject to Income Tax rules.
While registration with the Registrar of Firms is not compulsory, many banks prefer or insist on a registered Partnership Firm for opening business current accounts.
Because Invenix offers expert documentation, quick processing, transparent pricing, and end-to-end compliance support—from drafting the deed to long-term tax and GST assistance.