Partnership Firm Registration in India Build Together. Grow Together.
Looking to start a business with your partner or co-founder? A Partnership Firm is the perfect way to combine skills, share responsibilities, and grow your business with trust and clarity. At Fortune Filings, we make registration simple, fast, and hassle-free.
What is a Partnership Firm?
A Partnership Firm is a business structure where two or more individuals join hands to carry out a business and share its profits and losses. It is governed by the Indian Partnership Act, 1932, and can be registered or unregistered—although registration is highly recommended for legal protection.
Advantages of a Partnership Firm
- Easy Formation
- No minimum capital requirement
- Simple registration process with fewer formalities
- Shared Responsibility
- Partners divide business roles, risks, and decision-making
- Efficient management through mutual understanding
- Greater Capital Pool
- More partners = higher capital contribution
- Easier access to funds compared to sole proprietorship
- Flexible Operations
- Less regulated than companies
- Operational decisions can be made quickly
- Minimal Compliance
- No need to file annual returns with the ROC
- Audit not mandatory unless turnover exceeds threshold
Disadvantages of a Partnership Firm
- Unlimited Liability
Partners are personally liable for debts and losses
- Lack of Perpetual Succession
Firm dissolves if a partner exits or dies
- Limited Fundraising Options
Cannot raise equity from investors
- Risk of Disputes
Without a proper deed, conflicts can arise
With a well-drafted Partnership Deed and legal support, most of these drawbacks can be minimized.
What We Offer – Partnership Registration Package
At Fortune Filings, we provide complete registration support, including
- Drafting of Custom Partnership Deed
- PAN & TAN Application
- GST Registration (if required)
- MSME (Udyam) Registration
- Shop & Establishment License (where applicable)
- Notarization or Registration with Registrar of Firms (if needed)
- Opening Business Bank Account
Get registered in 3–5 working days with expert guidance and support throughout.
Why Fortune Filings?
- Experienced Legal & Tax Experts
- Customized Partnership Deed Drafting
- One-on-One Support
- Fast Turnaround Time
- Transparent & Affordable Pricing
- WhatsApp Updates & Support
Who Should Register a Partnership Firm?
Startups with co-founders
Small to mid-sized businesses
Family-run enterprises
Agencies, consultants, and traders
Let’s Get Your Partnership Registered!
Join hundreds of entrepreneurs who’ve trusted Fortune Filings to legally register and protect their business partnerships.
Email: shalini@fortunefilings.in
Call/WhatsApp: +91 63795 75568
“A strong partnership deserves a strong legal foundation. Let us build that for you.”