HOME | PARTNERSHIP FIRM REGISTRATION

Partnership firm company registration, now faster and better than it has ever been!

100% Safe & Verified
Google

Obtain the most efficient partnership firm company registration with FinnacBiz! A 100% online process with no delays.

Here’s How It Works

Here’s What You’ll Need

Partnership firm company registration online in India is now easy with FinnacBiz. To guarantee that your documents are always secure, FinnacBiz implements the best security protocols available in the market.

  • Application for partnership registration (form 1)

  • Authenticated original partnership deed copy

  • A sample of an affidavit attesting that the partners' PAN cards

  • Addresses listed in the partnership deed

  • Company's main address

  • Pan Card

  • Photo of each director and shareholder

  • Address and ID proof of each director and shareholder

    FinnacBiz's Partnership firm registration is the fastest! Now register your Partnership firm company easily in just 5 easy steps!

    FAQ's

    In a partnership firm, the partners are also the owners, hence they do not exist independently of the business. The owner and partner along with the shareholders of the firm stand liable for any form of legal issues or debts that arise in the partnership firm.

    There must be two partners in a partnership. A partnership firm may have up to 10 partners if it is in the banking industry, while any other sort of partnership firm may have up to 20 partners. The majority of partnership businesses divide profits and losses equally. However, it could change depending on the partnership agreement.

    It can take up to 10 to 12 working days to form a partnership firm in India. However, depending on the laws of the relevant state, it may take longer or shorter to receive a certificate of incorporation. Government processing times for partnership business registration vary by state and are prone to delay.

    For the creation of a partnership firm, a minimum of 2 individuals and a maximum of 20 are needed.

    Only those who reside in India are eligible to join a partnership firm as partners or members. Foreigners who want to start a business in India have the option of creating private limited corporations.

    In India, registering a partnership firm does not require a certain amount of capital. But it differs from one partnership firm to another. Some may have equal contribution in the capital and some may have different ratios in contribution.

    A separate legal entity exists under law for an LLP. Apart from its partners, a partnership business has no other legal standing. An LLP's partners are only liable up to the amount of their capital contributions. A partnership firm's partners are subject to infinite responsibility.