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Partnership Firm

The Partnership firm is identified distinctly from that of owners. Minimum number of partner must be two and maximum 20. The partners to the firm enter into a partnership deed where contribution to the firm, duties, etc. is decided. The registration of the partnership firm is optional. However, in case of registration, the same has to be done before the local sub-registrar office.

All statutory registrations are to be done in the name of partnership firm. In respect to taxation, income-tax returns have to be filed separately i.e. separately for business transactions and partners of the firm respectively.

Essential registrations:
1. Trade License from Municipality/ Panchayat
3. Udyog Aadhar- MSME
4. Partnership Deed


Udyog Aadhar-MSME

Drafting of Partnership Deed

Rs. 3,200

Timeline: Within 4-6 working days



Udyog Aadhar-MSME

Drafting of Partnership Deed

Rs. 12,500

Timeline: Within 15-25 working days

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