Partnership Firm Establishment
A Partnership Firm is a business owned by two or more individuals who share profits and liabilities. It’s perfect for small and medium-sized businesses looking for shared responsibilities.
Why Choose a Partnership?
✅ Simple Registration – Quick and easy formation process.
✅ Shared Responsibilities – Workload and risks are distributed among partners.
✅ Less Compliance – Fewer legal formalities than a company.
✅ Tax Efficiency – Profits are taxed as individual income, avoiding double taxation.
Documents Required
- PAN Cards & Aadhaar
- Cards of partners
- Partnership deed detailing
- roles and responsibilities
- Business address proof
- GST registration (if applicable)
Our Process
1️⃣ Business Consultation – Understanding your business needs.
2️⃣ Drafting Partnership Deed – Legal document defining partner roles.
3️⃣ Firm Registration – Filing with the registrar of firms (if needed).
4️⃣ PAN, GST, and Bank Account Setup – Completing financial formalities.
5️⃣ Final Documentation – Receive official registration approval.
cPanel Basic
Our most affordable Get the essentials you need to create a website$2.99 /Monthly
30% Save
Top Featured
Standard Performance.
100 Websites.
100 GB SSD Storage.
100 GB SSD Storage.
Unlimited Bandwidth.
Unlimited Free SSL.
Warranty 10,000.
cPanel intermediate
Our most affordable Get the essentials you need to create a website$3.95 /Monthly
45% Save Top Featured
Standard Performance.
100 Websites.
100 GB SSD Storage.
100 GB SSD Storage.
Unlimited Bandwidth.
Unlimited Free SSL.
Warranty 10,000.
cPanel Advanced
Our most affordable Get the essentials you need to create a website$5.85 /Monthly
25% Save Top Featured
Standard Performance.
100 Websites.
100 GB SSD Storage.
100 GB SSD Storage.
Unlimited Bandwidth.
Unlimited Free SSL.
Warranty 10,000.
cPanel Established
Our most affordable Get the essentials you need to create a website$8.29 /Monthly
15% Save Top Featured
Standard Performance.
100 Websites.
100 GB SSD Storage.
100 GB SSD Storage.
Unlimited Bandwidth.
Unlimited Free SSL.
Warranty 10,000.
FAQ
Frequently Asked Questions
A partnership firm is a business structure where two or more individuals agree to carry on business and share profits and losses. It’s governed by the Indian Partnership Act, 1932.
No registration with the Registrar of Firms is optional. However, registering gives your firm legal rights such as a partner or the firm suing or being sued.
You need at least two partners. All partners must be legally competent (18+ years, sound mind). Foreign partnerships may have additional rules.
A partnership firm must file its income tax return annually (e.g., ITR-5). If turnover exceeds thresholds, GST registration and other compliances apply too.
Advantages: Low start-up cost, simple structure, flexible profit sharing. Disadvantages: Unlimited liability of partners and no perpetual succession.