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Partnership for the Modern Entrepreneur.

A General Partnership is a business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in the Partnership Deed. This structure is thought to have lost its relevance since the introduction of the Limited Liability Partnership (LLP) because its partners have unlimited liability, which means they are personally liable for the debts of the business. However, low costs, ease of setting up and minimal compliance requirement make it a sensible option for some, such as home businesses that are unlikely to take on any debt. Registration is optional for General Partnerships.


Partnership Firm Registration
Start your Partnership Firm quickly with our experience of 18+ years of delivering quality professional services. Our dedicated team will help you to draft the partnership deed for your partnership firm across India. The registration of the firm is optional. However, it would be best if you get the firm registered with the Registrar of Firms.
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Basic Requirements to Start a Partnership Firm

Minimum Two Person

A minimum of two partners is required to start a Partnership Firm. The maximum number of partners allowed for a partnership firm in India is twenty partners. However, no foreigner is allowed as partners in the partnership firm.

Capital Requirement

There is no minimum or maximum capital prescribed under the Partnership Act 1932. You can keep the capital of the firm as per the business requirements. The stamp duty on the deed depends on the capital and the state.


Unique Name

You should select the name of the partnership firm that is unique & which reflects the main business activity. Ensure that the proposed name is not the same or similar to any existing business or trademark registered or applied.

Business Address

Address at which the firm carries on its usual business or maintains its books of account is known as its Principal Place of Business. The latest proof of the place of business along with a NOC from the premises owner is required.


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Arrange List of Documents For Firm Setup

The process starts with documentation of the partners and the Principal Place of Business, where the firm shall be operating its business in India. Ensure that the documents are updated and correct. We shall also require information in the Questionnaire For Partnership Formation.


Consideration of Name of the Firm

While keeping the Partnership Firm’s name, you should thoroughly check the name of existing business or trademarks. To check the name of an existing company or LLP, you may visit, and for checking the trademark, the database visits the Registrar of Trademarks’ website


Drafting of Partnership Deed

The Partnership Agreement or the Deed is the constitution of the firm and is the primary document. The Deed of the Partnership must contain necessary covenants that determine the partners’ mutual rights and obligations among themselves. This document also specifies the capital and profit-sharing ratio and how the partners shall operate the firm. Our team of lawyers help startups 


Stamp Duty & Notary of Partnership Deed

After the draft partnership agreement is approved and adopted by the partner’s appropriate stamp duty, on the partnership deed has to be paid. The stamp duty/paper varies from state to state and depends on the firm’s capital. Finally, the partners signed the partnership deed in the presence of two witnesses


PAN Card and TAN of the Firm

The application for allotment of Pan Number and Issue of the Partnership Firm’s Pan Card is made in Form No 49A. The TDS Number (TAN) of the firm is applied in Form No 49B, which is necessary to comply with the TDS Provisions

 Need of these documents required to all kind of organizations

GST Registration of Partnership Firm

The GST is a tax on supply of goods or services and to comply with the GST Law provisions, the firm may need to get registered with the GST. Please refer to our dedicated webpage on GST Registration to know the threshold limit as may be applicable for seeking the GST Registration


List of Documents Required For Partnership Firm Registration


A. Basic Documents to Start a Partnership 
  1. Notarised Partnership Agreement
  2. Proof of Registered Address
  3. The Proof of Office Should Be Latest
  4. NOC from the Owner of Premises
  5. Filled Questionnaire
B. Documents of all partners of the Firm
  1. Two Photograph
  2. PAN Card
  3. ID Proof & Address Proof

Frequently Ask Questions

To incorporate a Limited Liability Partnership, a minimum of two people is required i.e. two partners and can have a maximum of any number of Partners.

The documents requirements are as follows : For Partners Pan Card for Indian Nationals. ID proof- Any one (Voter ID/Aadhar Card/Driving License/Passport) Address Proof- Any one (Electricity Bill/Telephone Bill/Mobile Bill/Bank Statement) In addition, the landlord of the registered office premises must provide a No Objection Certificate (NOC) for having the registered office in his premises and must submit his identity proof and address proof. can incorporate a Limited Liability Partnership in 14-18 days. The time taken for incorporation will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy incorporation, please choose a unique name for your LLP and ensure you have all the required documents prior to starting the incorporation process.
The Designated Partners needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, the LLP Act 2008 allows Foreign Nationals including Foreign Companies & LLPs to incorporate a LLP in India provided at least one designated partner is resident of India.

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