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Partnership Firm Registration in India- simple and affordable
A Partnership Firm is one of the oldest and most trusted forms of business in India. It allows two or more people to share profits, responsibilities, and risks through a legally drafted Partnership Deed. Although relatively simple compared to Private Limited or LLPs, partnership registration provides a solid foundation for small and medium businesses. MrBrandy makes partnership registration fast and affordable.
What is a Partnership Firm?
A partnership firm is a business structure where two or more individuals agree to share profits, responsibilities, and liabilities according to a pre-agreed deed. Registering your partnership offers numerous advantages—legal recognition, dispute resolution, access to loans, and
enforceability of agreements.
The Indian Partnership Act, 1932, governs partnership firms in India. The individuals who unite to form a partnership firm are called partners. The partnership firm is created through a contract among the partners. This contract, known as a partnership deed, outlines the relationship between the partners and between the partners and the partnership firm.
At MrBrandy, we provide end-to-end service & support to make the process quick, accurate, and stress-free.
Why Register Your Partnership Firm?
- Legal Recognition: Registered firms gain rights to sue or be sued in their firm name and enforce contracts effectively.
- Business Credibility: Recognized as a formal organization, boosting trust with banks, vendors, and government bodies.
- Evidence of Existence: Registration provides a legal certificate proving the existence and structure of the partnership.
- Access to Credit: Easier to open bank accounts, secure loans, and participate in government tenders and contracts
Types of Partnership Firms in India
Registered Partnership Firm
Officially registered with the Registrar of Firms (ROF).
Legally recognized in court.
Offers higher credibility.
Unregistered Partnership Firm
Not registered with ROF.
Valid but limited legal rights.
Cannot sue other partners or third parties in disputes.
Documents Required for Partnership Firm
- Mobile no and email ID of the Partners
- PAN card and Aadhar card of all Partners
- A passport-size photo of all partners
Key Tips & Actionable Insights
- Registration is Optional—But Highly Advised: Unregistered firms can’t enforce contracts in court or claim set-off in disputes.
- Update Promptly: Notify Registrar of any changes in partners, firm name, or business address.
- Notarization: Always notarize your deed for legally sound records.
- Banking Protocol: Most banks need the registration certificate, partnership deed, and KYC of all partners to open a current account
Step-by-Step Process for Partnership Registration with MrBrandy
Step 1 – Drafting the Partnership Deed
We prepare a customized Partnership Deed covering profit-sharing ratio, duties, and rights of partners.
Step 2 – Collecting Documents
KYC documents and firm address proof are gathered.
Step 3 – Payment of Stamp Duty
Partnership Deed is printed on stamp paper as per state law.
Step 4 – Filing with Registrar of Firms
Application and deed are submitted to the state Registrar of Firms.
Step 5 – Certificate of Registration
On approval, the Registrar issues a Certificate of Partnership Firm Registration.
Timeline & Penalties
- Timeline: Registration usually takes 10–15 working days.
- Penalty for Delay: Non-registration limits legal rights in disputes.
- Penalty for Misrepresentation: Up to ₹1,000 plus court liabilities.
Why Choose Mr. Brandy?
- Expertly drafted Partnership Deeds.
- End-to-end filing with the Registrar of Firms.
- Transparent pricing, starting from ₹500.
- 100% online process for speed and convenience.
- Trusted by 500+ entrepreneurs across India.
FAQs on Conversion of Company
How long does it take to register a partnership firm?
Generally, 10–14 working days, depending on the state and accuracy of documentation.
Can we register later, after starting business?
Yes—registration can be done at any time, even after business commencement.
Can a partnership firm be registered online?
Many states offer secure e-filing portals for quick and trackable registration
Register Partnership Firm Now
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