Step by Step Instructions to register a Partnership Firm in India

If you have business partners, then opening a business in India by selecting a partnership firm is the easiest way to move forward. You need to have a partnership deed signed by both partners. The agreement will include the duties and obligations of each partner and how profit is shared between both. 

To set up a firm in India by choosing a partnership entity, it has a lot of benefits attached to it. It is easy and convenient to create, any business-associated risk has to be dealt with by both partners. In a partnership firm, you don’t have to submit annual returns to the MCA. If you decide to end an agreement then it is pretty easy to dissolve the partnership by notice, it can be dissolved as per the terms laid out in the Partnership Deed, or they can do so by creating a separate agreement. It is the most flexible form of company structure. 

The partnership firm can be registered under the Indian Partnership Act, 1932 if both partners intend to do so.


The partnership deed must have the following details in order to open a firm in India:-

  • Name and address of all the partners

  • Name and address of the partnership firm

  • Starting date of the firm

  • Capital each partner has invested

  • Profit share ratio among partners

  • Salaries/commissions to be paid out to partners

  • Rights of each partner

  • Duties and obligations of each partner

  • Other clauses are mutually agreed upon.


The registration process of a partnership firm:- 

  1. You need to submit an application form and fees to the registrar of the firm of the state( of the state where the firm is located). It requires the signature of each partner.

  2. Along with the application form, other documents need to be submitted to the Registrar includes Specimen of Affidavit, Certified original copy of Partnership Deed, Proof of principal place of business.

  3. The registrar will verify the documents and if he is satisfied then he will register the firm in the Register of Firms and allocate a Certificate of Registration.


It is always best to get the company registration done by legal experts. At DBPL, We help you open a company in India. We ensure that the registration process of your company in India is convenient while you pay attention to the other business operations and strategies for better results. 


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