Eligibility for Partnership Firm Registration in India

To register a partnership firm under the Indian Partnership Act, 1932, certain eligibility criteria must be fulfilled. A partnership is formed when two or more individuals or entities come together with a shared goal to operate a business and share its profits and liabilities.

Who Can Form a Partnership Firm

• Minimum Two Partners:
  A partnership firm must have at least two partners. There is no maximum limit on the number of partners under the law.

• Eligible Partners:
  Individuals, companies, and Limited Liability Partnerships (LLPs) can become partners in a firm.

• Ineligible Partners:
  Foreign nationals and minors are not allowed to become partners in a partnership firm.

• Capacity under the Indian Contract Act, 1872:
  Every partner must be of sound mind, not legally disqualified, and at least 18 years old to enter into a valid partnership agreement.

Documents Required for Partnership Firm Registration

To complete partnership firm registration, the following documents are required:

• Partnership Deed (signed by all partners)

• Identity proof of all partners (PAN, Aadhaar, or Passport)

• Address proof of all partners (Electricity bill, Voter ID, etc.)

• Proof of business address (Electricity bill, rent agreement, or ownership papers)

• Passport-size photographs of partners

• No Objection Certificate (NOC) from the property owner (if the office is rented)

Step-by-Step Process for Partnership Firm Registration

Here’s a simple guide to help you understand how to register your partnership firm in India:

Step 1: Draft the Partnership Deed

Prepare a legal document that outlines the roles, responsibilities, and profit-sharing ratio among partners.
At A2Z Registration, our experts draft customized partnership deeds that comply with all legal norms.

Step 2: Collect Required Documents

Gather ID proofs, address proofs, and firm address documents.
Our team assists you with a complete document checklist and ensures every detail is verified.

Step 3: File Application with the Registrar of Firms

Submit the application along with the partnership deed and supporting documents.
We handle the filing process and ensure error-free and timely submission to the Registrar.

Step 4: Pay Government Fees

Pay the prescribed state-wise government fees and stamp duty.
A2Z Registration calculates and facilitates the required payments securely.

Step 5: Verification by Registrar

The Registrar reviews and verifies the submitted documents and deed.
Our team coordinates directly with the Registrar’s office to handle any queries.

Step 6: Receive the Certificate of Registration

Once verified, the Registrar issues the Certificate of Registration, officially recognizing your partnership firm.
We deliver the final certificate to you quickly and securely.

Partnership Deed – Key Clauses to Include

The Partnership Deed is the foundation of your firm. It defines each partner’s rights, duties, and responsibilities. A valid deed should include:

• Firm name and registered business address

• Details of all partners (name, address, ID information)

• Nature and scope of the business

• Capital contribution of each partner

• Profit and loss sharing ratio

• Roles, duties, and powers of each partner

• Admission and retirement of partners

• Dispute resolution procedure

• Duration of the partnership (fixed or indefinite)

• Conditions for dissolution of the firm

Partnership Firm Registration Fees in India

The cost of registering a partnership firm in India is nominal, covering stamp duty and government filing fees.
The exact amount depends on:

• The state of registration

• The value of the partnership deed

• The complexity of the agreement

At A2Z Registration, we offer affordable and transparent pricing, ensuring you get complete legal compliance without any hidden costs.