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Partnership Firm Registration | CapitalBox
CapitalBox
INDIAN PARTNERSHIP ACT, 1932
Business Entity Formation

Partnership Firm Registration

Two or more people, one shared venture. CapitalBox handles the Partnership Agreement drafting, partner KYC, name reservation, and Registrar of Firms filing — so your firm is legally recognized, audit-ready, and built on documented trust from day one.

2+
Min. Partners
₹5,000
Fixed Fee
Free
Advisory
1932
Governing Act
1

Fee Structure

ParticularsDescriptionCharges
CapitalBox Service FeeProfessional consultancy, compliance facilitation & drafting₹5,000
GST (18%)Statutory tax applicable on service feeExtra
Government ChargesStamp duty, PAN/TAN issuance, Registrar of Firms filingExtra
Document ChargesPartnership Agreement drafting, notarization, partner KYCExtra
Note: Advisory is free. All other charges are payable separately, based on partners' capital contribution and subsequent legal requirements.
2

Eligibility & Legal Requirements

A Partnership Firm is governed under the Indian Partnership Act, 1932. It requires a minimum of two partners who agree to carry on a business together and share profits in a defined ratio. The firm must have a valid name, a registered office address, and a properly executed Partnership Agreement outlining the rights, duties, and obligations of each partner.

3

Documents Required

PAN & Aadhaar of all partners
Passport-size photographs
Proof of registered office (utility bill + owner's NoC)
Drafted and notarized Partnership Agreement
4

Step-by-Step Registration Process

Partnership Agreement Drafting

Drafted with a clearly defined profit-sharing ratio between all partners.

Partner KYC Verification

Collection and verification of identity documents for every partner.

Filing with Registrar of Firms

Submitted where applicable, as per state-level requirements.

Registration Certificate

Issued, confirming legal recognition of the firm.

PAN, TAN, GST & Bank Account

Assistance provided for all post-registration formalities.

5

Advantages of the Partnership Structure

Simple & Cost-Effective

Minimal formation cost and far fewer compliance requirements than a company.

Pooled Resources

Partners combine capital, skills and networks to operate jointly.

Flexible Terms

Profit-sharing and responsibilities are governed by mutual agreement.

Practical for Small Business

A trusted choice when limited liability isn't an immediate priority.

CapitalBox Commitment

CapitalBox ensures transparent pricing, professional documentation, and legally compliant facilitation. By charging a fixed service fee of ₹5,000 plus GST, and clearly segregating government and document charges, clients are fully aware of their obligations. Post-registration support is also provided for GST enrollment, Udyam registration, Startup India recognition, and bank account opening.

Frequently Asked Questions

Is limited liability available in a Partnership Firm?+
No. Unlike an LLP or Private Limited Company, a Partnership Firm does not offer limited liability protection — partners remain personally liable for the firm's debts.
Is registration with the Registrar of Firms mandatory?+
Registration is not always legally mandatory, but it is strongly recommended as an unregistered firm cannot sue third parties to enforce contractual rights.
Can profit-sharing ratios be unequal between partners?+
Yes. Profit and loss sharing ratios are entirely up to the partners and are documented in the Partnership Agreement.
Does CapitalBox's fee include government charges?+
No. CapitalBox charges a fixed consultancy fee of ₹5,000 plus GST. Government charges such as stamp duty, PAN/TAN and Registrar filing fees are applicable separately.
Can a Partnership Firm later convert into an LLP?+
Yes, a Partnership Firm can be converted into an LLP at a later stage to gain limited liability protection, typically as the business scales.

Ready to Formalize Your Partnership?

From agreement drafting to your Registration Certificate — get every step handled with transparent, fixed-fee consultancy.

Disclaimer: Product descriptions and charges on this page are prepared with care but may occasionally contain inadvertent errors or omissions. Please review details carefully before purchasing. CapitalBox is an independent consultancy and documentation facilitator, not a Government authority, Bank or NBFC.