Register Your Partnership Firm the Right Way.
A simple, low-cost way for two or more people to run a business together. We draft your partnership deed and register your firm under the Indian Partnership Act, 1932 — guided by a real CA.
2+
Partners
5–7
Days
Low
Compliance
20 Yrs
CA Experience
Free Consultation
A CA will call you within 30 minutes
100% Free. No Spam. No Obligation.
The Basics
What is a Partnership Firm?
A partnership firm is a business where two or more people agree to share the profits of a business run by all or any of them acting for all. It's governed by the Indian Partnership Act, 1932, and the relationship between partners is defined by a partnership deed.
It's a popular choice for small and family businesses because it's easy and inexpensive to start, with minimal compliance. The deed sets out each partner's capital, profit share, roles, and rights — and getting it drafted properly is the most important part.
A key point: registration of the firm is optional under the Act, but strongly recommended. An unregistered firm faces real legal disadvantages, which is why most serious firms register.
Registered Firm
Can sue third parties and other partners to enforce contractual rights, claim set-off in disputes, and carries far stronger legal standing. The recommended path.
Unregistered Firm
Legal but limited: cannot file suit to enforce rights against third parties or co-partners. Fine to start, but risky if a dispute ever arises.
Is It Right For You?
Who Should Register a Partnership Firm
If two or more of you are running a business together and want a simple, low-cost structure, a partnership firm fits.
Family Businesses
Relatives running a shared trade who want clear, written profit-sharing and roles.
Small Traders & Shops
Two or more co-owners of a retail, trading, or service business wanting a low-cost setup.
Local Service Firms
Agencies, contractors, and service providers run by a small group of working partners.
Low-Capital Ventures
Businesses that want to pool capital and effort without the cost of an LLP or company.
The Heart of the Firm
What Your Partnership Deed Covers
The deed is the rulebook of your firm. A well-drafted one prevents disputes later — here's what we make sure it includes.
Capital & Contribution
How much each partner brings in, and how additional capital is handled.
Profit & Loss Sharing
The exact ratio in which profits and losses are split between partners.
Roles & Duties
Each partner's responsibilities, decision-making powers, and authority limits.
Salary & Interest
Any remuneration or interest on capital payable to working partners.
Admission & Exit
How new partners join and how a partner retires, exits, or is removed.
Dispute Resolution
An agreed method to settle disagreements — and terms for dissolving the firm.
The Process
How Partnership Registration Works
Five steps from deed to a registered firm — all handled by us, with WhatsApp updates throughout.
Choose Firm Name
We help pick a name that's not identical to an existing firm or trademark.
Draft the Deed
We prepare your partnership deed covering capital, profit share, roles, and exit.
Stamp & Notarise
The deed is executed on stamp paper of the correct value and notarised.
Apply for PAN
We obtain a PAN in the firm's name — needed for banking and taxes.
Register with RoF
We file with the Registrar of Firms for registration (recommended), plus GST if needed.
The Process
How Partnership Registration Works
Five steps from deed to a registered firm — all handled by us, with WhatsApp updates throughout.
Choose Firm Name
We help pick a name that's not identical to an existing firm or trademark.
Draft the Deed
We prepare your partnership deed covering capital, profit share, roles, and exit.
Stamp & Notarise
The deed is executed on stamp paper of the correct value and notarised.
Apply for PAN
We obtain a PAN in the firm's name — needed for banking and taxes.
Register with RoF
We file with the Registrar of Firms for registration (recommended), plus GST if needed.
Transparent Pricing
Simple, Honest Pricing
No hidden charges. Pick a package and a real CA takes it from there.
Basic
₹4,999 + govt fees
Deed + PAN to get started
- Partnership deed drafting
- Guidance on stamp paper & notarisation
- Firm PAN application
- Current account opening guidance
Professional
₹7,999 + govt fees
Registered firm + GST + compliance
- Everything in Basic
- Registration with Registrar of Firms
- GST registration
- MSME / Udyam registration
- 3 months of CA support on WhatsApp
Note: Stamp duty on the deed varies by state and capital, and Registrar of Firms fees differ by state. You'll get the exact all-inclusive figure on your free consultation call. Prices shown are indicative and pending final confirmation.
The Big Decision
Partnership Firm vs LLP
The question almost every partnership faces. Here's the honest difference — so you choose with eyes open.
Partnership Firm
★ Simplest & CheapestGoverning Law
Indian Partnership Act, 1932
Liability
Unlimited — personal assets at risk
Setup Cost
Lowest
Compliance
Very low
Separate Legal Entity
No
Best For
Small, low-risk, family ventures
LLP
More ProtectionGoverning Law
LLP Act, 2008
Liability
Limited — assets protected
Setup Cost
Moderate
Compliance
Low — 2 annual filings
Separate Legal Entity
Yes
Best For
Partners wanting protection
Honest advice: a partnership firm is the cheapest, simplest way to start together. But because liability is unlimited, if your business takes on real risk or debt, an LLP is the safer long-term home. We'll help you decide — and register either one.
Why Us
Why Register With QwikFilings
A real CA who drafts your deed properly — because a weak deed is where partnerships go wrong.
Real Clients
What Partners Say
A few words from firms that registered their partnership with us.
My brother and I started a trading firm and didn't know where to begin. QwikFilings drafted a clear deed, got it registered, and sorted our GST. The deed even covered what happens if one of us exits — something we'd never have thought of.
We were three friends starting a service business. They explained the difference between a partnership and an LLP honestly, helped us pick the partnership to keep it simple, and registered it fast. No pressure to upsell.
Common Questions
Partnership Firm FAQ
Everything partners ask before registering. Still unsure? Ask us on WhatsApp.
You need a minimum of 2 partners. The maximum is 50 partners (as prescribed under the Companies Act rules). All partners must be competent to contract — i.e. adults of sound mind.
Registration is optional under the Indian Partnership Act, 1932 — but strongly recommended. An unregistered firm cannot file a suit to enforce its rights against third parties or among partners. Registration gives your firm proper legal standing, so most serious firms register.
The partnership deed is the written agreement that governs the firm — covering capital, profit-sharing ratio, partner roles, salaries, and how partners join or exit. A well-drafted deed is your best protection against future disputes, which is why we take care to draft it properly.
Drafting the deed and obtaining the firm's PAN typically takes 5–7 working days. Registration with the Registrar of Firms depends on your state and can take a little longer. You can begin operating once the deed is executed, even while registration is processing.
Partners have unlimited liability — they're personally responsible for the firm's debts, and personal assets can be used to settle them. Partners are also jointly and severally liable, meaning one partner can be held responsible for the firm's full obligations. If this concerns you, an LLP offers limited liability instead.
A current account in the firm's name is strongly recommended, opened using the deed and firm PAN. GST is required if your turnover crosses the threshold, you sell inter-state, or you sell online. Our Professional package includes GST registration.
A partnership firm is taxed as a separate entity at a flat rate of 30% (plus applicable surcharge and cess) on its profits. Partners' shares of profit are then exempt in their own hands to avoid double taxation. Salary and interest paid to partners are deductible within prescribed limits.
Yes. Partners can be admitted or can retire as per the terms in your deed. This usually requires executing a supplementary deed and updating the firm's PAN and registration records. We handle these changes whenever they're needed.
Yes. A partnership firm can be converted into an LLP or a Private Limited Company as it grows or as partners seek limited liability. This is a common upgrade path. We handle the conversion, preserving your business continuity.
Yes. A home address can serve as the firm's place of business. You'll need an address proof such as a utility bill, plus an NOC or rent agreement if the premises are rented. There's no requirement for a separate commercial office.
Replies within 30 minutes during business hours
Talk to a CA
Let's Register Your Firm Properly.
Share your details and a qualified CA will call you within 30 minutes — to draft the right deed, confirm costs, and explain whether registration or an LLP suits you better. Free, zero obligation.
- A deed that protects every partner
- Clear, all-inclusive pricing
- Honest advice — partnership or LLP
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Start Your Firm on the Right Footing
A solid partnership starts with a solid deed. Talk to a real CA, get yours drafted properly, and register your firm in days. Message us on WhatsApp or call now.