Partnership Deed Registration – Legal Drafting, Firm Recognition & Support

Q: Q2. How long does registration take?

Usually 7–10 working days, depending on the state registrar’s office.

Q: Q3. Can a partnership firm have more than 20 partners?

No, the maximum limit is 20 partners as per law.

Trusted by service providers, traders, consultants, and small businesses - we help you draft and register your Partnership Deed professionally, ensuring legal validity, smooth business operations, and full compliance with state regulations.

Expert Drafting of Legally Valid Partnership Deeds

Registration With Registrar of Firms

Trusted by Firms, Agencies & Growing Businesses Across India

Want your Partnership Deed Registered?

Basic

₹4,500/-

₹3,000/-

+ GST

& ₹/- Govt Fee

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Expert Legal Consultation

Eligibility & requirement check

Document guidance for all partners

Drafting of Partnership Deed

Modifications based on partner inputs

Stamp duty & notarization assistance

Registration assistance at Sub-Registrar (if applicable)

PAN application support (if required)

Copy & certificate assistance

Email & Whatsapp update

Who Needs Partnership Deed Registration

A Partnership Deed Registration is essential for businesses operating as a partnership firm under the Indian Partnership Act, 1932. While registration is not mandatory by law, it provides legal recognition, protection, and credibility to the firm — especially when dealing with banks, government departments, or third parties.

Businesses Formed by Two or More Persons

Any business started by two or more individuals with a mutual agreement to share profits and responsibilities should execute and register a Partnership Deed. This includes firms engaged in trading, services, manufacturing, or consultancy activities.

Firms Seeking Legal Recognition and Protection

Unregistered partnership firms face significant legal limitations — they cannot enforce contracts or file suits against third parties in case of disputes. Registering the firm provides it with legal standing and recognition, allowing it to operate with greater credibility and protection. Registration is especially important for partnerships that regularly enter into contracts or service agreements, lease or purchase property in the firm’s name, or require legally enforceable rights among partners.

Firms Applying for Government or Tender Work

Businesses that plan to bid for government tenders, licenses, or contracts must have a registered partnership deed to qualify as a legally valid entity.

Firms Applying for PAN, GST, or Bank Accounts

Partnership registration is also essential for firms that intend to formalize their business operations. A registered firm can obtain a PAN card, apply for GST registration, and open a bank current account in the firm’s name — all of which are crucial for financial transactions, tax compliance, and smooth day-to-day functioning.

Partnership Deed Registration

PARTNERSHIP DEED & FIRM REGISTRATION – COMPLETE GUIDE

A Partnership Firm is one of the most common business structures in India, ideal for small and medium-sized enterprises run by two or more individuals. The Partnership Deed acts as the legal document that defines the mutual rights, duties, and obligations of partners — forming the foundation of the firm

WHAT IS A PARTNERSHIP DEED?

A Partnership Deed is a written agreement between two or more persons who agree to carry on a business together and share profits and losses. It defines how the partnership will operate and helps prevent disputes by clearly laying out the roles of each partner.

It can be oral or written, but a written and registered deed is strongly recommended for legal validity and smooth functioning.

Why Register a Partnership Firm?

Although Partnership Registration under the Indian Partnership Act, 1932 is optional, registration provides legal protection and several advantages such as:

Ability to sue or be sued in the firm’s name
Proof of existence of the firm
Legal enforceability of rights under the Partnership Deed
Better credibility with banks, clients, and government authorities

CONTENTS OF A PARTNERSHIP DEED

A good partnership deed should clearly include the following key clauses:

Name and Address of the firm and partners
Nature of business
Capital contribution of each partner
Profit and loss sharing ratio
Duties, powers, and responsibilities of each partner
Rules regarding admission, retirement, or removal of partners
Interest on capital, loans, and drawings
Salaries or commissions (if any) to partners
Bank account operation details
Accounting and auditing methods
Dispute resolution mechanism
Duration of the firm (if not perpetual)

STAMP DUTY FOR PARTNERSHIP DEED

Stamp duty varies by state and the capital invested in the firm. For example:

₹500 – ₹2,000 for small capital
Higher slabs for large capital contributions

VALIDITY OF PARTNERSHIP DEED

The deed remains valid till dissolution or mutual modification by the partners. Amendments can be made any time with mutual consent and need to be executed on fresh stamp paper.

ADVANTAGES OF A PARTNERSHIP FIRM

Easy to form and manage
Low compliance cost compared to companies or LLPs
Shared decision-making among partners
Flexibility in operations and profit distribution
Quick conversion option to LLP or Private Limited Company later

Want your Partnership Deed Registered?

Documents Required for Partnership Deed Registration

Documents Required for Partnership Firm and Deed Registration

Applicant Type

Documents Required

Core Registration Documents

Application Form No. 1 (duly filled and signed)
Original Partnership Deed (executed on stamp paper as per state stamp duty laws)
Affidavit declaring the correctness of information in the application

Business Address Proof

Proof of business premises – property tax receipt, electricity bill, or rent agreement
No Objection Certificate (NOC) from the property owner, if rented

Partner Identification Documents

PAN Card of the firm and all partners
Aadhaar / Voter ID / Driving Licence / Passport of all partners
Passport-size photographs of each partner

Additional Supporting Details

Proof of ownership or possession of the business place
Signature specimen of authorised partner for verification
Mobile number and email ID for correspondence from Registrar

Partnership Firm Registration – Step-by-Step Process

Registering a Partnership Firm under the Indian Partnership Act, 1932 provides legal recognition and protection for your business.

Step 1 – Draft the Partnership Deed

A Partnership Deed is prepared on stamp paper, mentioning all key terms — firm name, partners’ details, capital contribution, profit-sharing ratio, and duties.
✅ Professional assistance ensures the deed complies with state stamp laws and avoids future disputes.

Step 2 – Execution of the Deed

All partners must sign the deed in the presence of witnesses. The signed and notarized deed becomes the legal foundation of the firm.

Step 3 – Submit Application to Registrar of Firms

File Form 1 along with:

The original partnership deed
Proof of business address and ID of partners
Required fees
at the Registrar of Firms (RoF) of your state.
The Registrar reviews and verifies the details submitted.

Step 4 – Registration Certificate & Next Steps

Once verified, the Registrar issues a Certificate of Registration, making the partnership firm legally recognized.
After registration, the firm can apply for: