The Indian Partnership Act of 1932 governs the formation and functioning of a partnership firm in India. A partnership involves multiple individuals bound by a legal agreement defining their roles, duties, and profit-sharing ratios. Each partner shares profits and is personally liable for losses incurred.
Documents Required for Partnership Firm Registration
- Statement in Form 1 along with the specified fees.
- Partnership Deed: A notarized true copy defining:
- Firm's name
- Nature of business
- Principal business location
- Other business locations
- Partners' details (names, addresses)
- Date of joining
- Duration of the firm
- Proof of ownership or lease of business location.
- Partners’ Documents: PAN Cards and Address Proofs (Aadhaar Card, Driver’s License, Passport, or Voter ID).
- Firm’s PAN Card: Essential for tax purposes.
- Firm’s Address Proof: Rent agreement or utility bills for rented/owned premises.
- Additional Documents (if applicable): GST Registration, Bank Account details, Partnership Registration Certificate.
How We Work
Partnership Form and Document Verification →
Drafting Partnership Deed →
PAN, TAN Application →
Current Bank Account →
Completion: Access and download Partnership Deed and relevant documents.👍