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Dhanvika

Business Finance

Trusted Business Setup

Partnership Firm Registration

A straightforward structure for businesses built on trust. Quick to set up, easy to manage, and registered with the Registrar of Firms.

Overview

A Partnership Firm is one of the most traditional and widely used business structures in India, governed by the Indian Partnership Act, 1932. It is formed when two or more individuals agree to carry on a business and share its profits.

While partnership firms are easy to form and operate, registering the firm with the Registrar of Firms provides legal recognition and the ability to file suits against third parties. Dhanvika drafts your Partnership Deed and handles complete registration efficiently.

Key Facts

Minimum 2 partners, maximum 20 partners
Governed by a Partnership Deed — the foundation document
Registration optional but strongly recommended for legal protection
Partners share profits and management as agreed in the deed
Unlimited liability — partners are personally responsible for firm debts

Documents Required

Make sure you have these documents ready for registration.

PAN Cards of all partners
Aadhaar / Voter ID of all partners
Partnership Deed (drafted by Dhanvika)
Proof of business address
Passport-size photographs

What Dhanvika
Handles

  • Drafting of Partnership Deed with clear profit-sharing, roles, and exit clauses
  • Filing with the Registrar of Firms
  • PAN application for the firm
  • GST registration post-incorporation (if applicable)
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