Partnership Firm Registration with TaxFixy
Start Your Business with Shared Responsibility and Trust
Planning to start a business with a friend, relative, or business associate? Then Partnership Firm is one of the best and most flexible ways to start. It allows two or more people to run a business together with shared investment, responsibility, and profit.
At Taxfixy, we make the process of registering a Partnership Firm simple, quick, and stress-free. Whether you're launching a small trading business, professional service, or manufacturing unit, we help you build your foundation legally and efficiently.
What is a Partnership Firm?
A Partnership Firm is a business structure where two or more individuals agree to run and manage a business together. They sign a legal agreement called a Partnership Deed, which defines each partner's rights, duties, profit share, and responsibilities.
This is one of the oldest and most trusted forms of business in India, especially for those who want shared decision-making and joint accountability.
Benefits of a Partnership Firm
- Easy to Start: A partnership firm can be started quickly with just a partnership deed and a few basic documents.
- More Capital: With more than one person contributing funds, it becomes easier to raise capital for business needs.
- Shared Responsibility: The workload, responsibilities, and decision-making are shared among partners.
- Better Decision-Making: Multiple minds working together can lead to smarter strategies and business growth.
- Simple Compliance: Compared to companies, partnership firms have fewer legal requirements and filings.
- Suitable for Medium-Sized Businesses: A great option for professionals, shop owners, consultants, agencies, and local businesses.
Who Should Choose a Partnership?
- People who want to start a business together
- Friends or family launching a joint venture
- Professionals like lawyers, architects, and consultants
- Traders, manufacturers, or shop owners with co-founders
- Businesses that want flexibility with shared control
Why Choose Taxfixy for Partnership Firm Registration?
At Taxfixy, we help entrepreneurs turn their partnership ideas into officially registered businesses. Our team of experts manages the entire process — from drafting the deed to getting it registered.
Here's why people trust us:
- Experienced Team: Our legal and tax professionals have years of experience in registering all types of partnership firms.
- Customized Deed Drafting: We prepare a detailed partnership deed tailored to your business and partner needs.
- End-to-End Support: From consultation to document submission and registration, we handle everything.
- Affordable Pricing: We offer complete registration services at a budget-friendly price.
- Fast Processing: Most partnership firms are registered within 5–7 working days.
- Dedicated Support: You'll have a dedicated expert guiding you throughout the process.
What's Included in Our Service?
- Drafting of Partnership Deed
- PAN Application (for the firm)
- TAN Application (if required)
- Firm Registration (optional, based on state rules)
- GST Registration (if applicable)
- MSME / Udyam Registration (if needed)
- Bank Account Opening Support
You'll also get access to our free consultation on tax filing and compliance after registration.
Step-by-Step Process with Taxfixy
- Step 1: Free Consultation - Our expert will discuss your business goals and advise the best way to proceed.
- Step 2: Document Collection - You provide the required documents like ID proofs, address proofs, and photographs of all partners.
- Step 3: Drafting the Partnership Deed - We prepare a legal document that includes firm name, business activity, profit-sharing ratio, capital contributions, and more.
- Step 4: Registration with Authorities - We help you with PAN, GST, and registration with the Registrar of Firms (if required).
- Step 5: Delivery of Documents - All final documents are sent to you digitally — ready to use for business and bank account setup.
Documents Required for Registration
For Each Partner:
- PAN Card
- Aadhaar Card / Address Proof
- Passport-size Photo
For the Firm:
- Proposed Name of the Firm
- Office Address Proof (Electricity Bill or Rent Agreement)
- Capital Contribution Details
- Profit Sharing Ratio
Our team will guide you if anything is missing or needs clarification.
Registered vs. Unregistered Partnership
In India, partnership firms can be registered or unregistered.
Unregistered firms are legal but have some disadvantages:
- Cannot sue any partner or third party in court
- May face difficulty in getting loans or government contracts
We always recommend registering your partnership firm for better legal protection and business credibility.
Post-Registration Compliance
Once your firm is registered, you'll need to take care of basic compliance:
- Income Tax Filing (based on firm income)
- GST Filing (if GST is taken)
- TDS Filing (if applicable)
- Bookkeeping and accounts maintenance
- Renewal of licenses (Shop license, FSSAI, etc., if required)
Taxfixy also offers affordable compliance packages so you don't miss any due dates or filings.
When Not to Choose a Partnership?
A partnership firm may not be suitable if:
- You are looking for limited liability protection
- You want to attract investors or raise large capital
- You plan to expand operations internationally
- You want to register a company with more formal structure
In that case, you can consider LLP or Private Limited Company, and we can help you register those too.
Pricing & Packages
We offer affordable packages starting at ₹1499/- only, which includes:
- Deed Drafting
- PAN
- GST or MSME registration
- Basic legal support
- Guidance on bank account setup
Get in touch with our team for a detailed quote based on your needs.
Let's Get Started
Starting a partnership business is a great way to combine strengths and grow together. With Taxfixy by your side, you don't need to worry about paperwork, legal issues, or delays.
We make the entire registration process smooth, affordable, and 100% online.
Call us, WhatsApp us, or fill out the form — and we'll help you register your Partnership Firm the right way.
Key benefits
Precision Assurance
We commit to meticulous attention to detail, ensuring accuracy and excellence in every deliverable.
Punctual Promise
We maintain a steadfast commitment where punctuality is paramount, ensuring timely completion of all tasks
Adaptable Options
Our solutions seamlessly adapt to your needs, guaranteeing maximum flexibility and efficiency.
Economical Excellence
We prioritize efficiency, offering optimal solutions that maximize value while minimizing expenses.
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We help you launch and manage your business with confidence. Whether it’s a Proprietorship or a UAE Company setup, our expert CA team ensures legal compliance, smooth registration, and tailored support for your venture’s unique needs.
Choosing between a Proprietorship, LLP, or Private Limited Company depends on your goals. We guide you based on liability, funding, compliance, and scalability needs.
Yes, we assist in setting up businesses in the UAE, USA, Singapore, and the UK with complete documentation, legal advisory, and ongoing compliance support.
Absolutely. We maintain strict confidentiality and implement robust data protection protocols to ensure your business information remains secure and private.