A simple structure for two or more people starting together.
ZegalWorks drafts your partnership deed and handles registration, so every partner's rights and responsibilities are clear from day one.
What is Partnership Firm Registration?
A partnership firm is a business owned by two or more people who agree to share profits, governed by the Indian Partnership Act, 1932 and a written partnership deed. The firm is not a separate legal entity, and partners are personally liable for the firm's debts.
It is quick and inexpensive to set up and has low compliance. Registration with the Registrar of Firms is optional, but an unregistered firm has limits on enforcing contract rights in court, so registration is advisable.
Who this is for
A good fit if you
- Are two or more people starting a small business together
- Want a low-cost, low-paperwork structure
- Want flexible profit-sharing and management
- Are testing an idea before choosing a larger structure
Something else may suit you better if
You want personal assets protected. An LLP or Private Limited Company gives limited liability.
You plan to raise outside funding. A Private Limited Company is what investors expect.
You are a solo founder. A proprietorship or OPC is the right fit.
What you need
We confirm the exact list for your situation during your free consultation.
- Partners
- At least 2 partners. The law caps the number of partners at 50.
- Partnership deed
- A written deed covering capital, profit share, roles, salaries and exit terms, usually on stamp paper. Stamp duty varies by state.
- PAN
- The firm needs its own PAN, and each partner needs a personal PAN.
- Registration
- Optional, with the Registrar of Firms in your state. We recommend it.
- Address proof
- Proof of the firm's business address.
- Other registrations
- GST, licences and a current account are added as your business needs them.
What ZegalWorks handles for you
- Understand. We learn how the partners want to share capital, profit and decisions.
- Draft. We prepare a partnership deed that covers the points that cause disputes later.
- Sign. We guide stamping and signing in line with your state's rules.
- Register. We handle registration with the Registrar of Firms and PAN for the firm.
- Guide. We explain bank account, GST and tax steps that follow.
How long it takes and what it costs
Actual timing depends on how quickly documents are ready and on the processing time of the authority involved.
Your total cost has two parts: our professional fee, and any government or statutory fees that apply. Government fees are set by the authority and vary by case, so we give you an itemised quote before you commit to anything. See our pricing page for packages.
Get a Tailored QuoteRelated services
Most businesses need more than one of these. They are all handled by the same ZegalWorks team.
Frequently Asked Questions
Direct answers to the questions we hear most.
Ready to get started?
Tell us about your business and we'll help you understand the right next steps, with no obligation.