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What is Partnership Company Registration?
Partnership Company Registration is the process of legally registering a business owned and managed by two or more individuals under the Indian Partnership Act, 1932.
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Why should I register my partnership firm?
Registering your firm gives it legal recognition, builds trust among clients, and allows you to enforce the partnership deed in court.
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How many partners are required to start a partnership firm?
A minimum of two partners are required to start a partnership firm, and the maximum limit is twenty partners in India.
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Is it mandatory to register a partnership firm in India?
No, it is not mandatory, but registration is highly recommended to ensure legal protection and dispute resolution rights.
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What are the documents required for partnership registration?
Documents include PAN, Aadhaar, partnership deed, address proof of the firm, photographs, and ID proof of all partners.
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How long does it take to register a partnership firm?
The process usually takes 7–10 working days, depending on document readiness and the Registrar of Firms’ approval.
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What is a Partnership Deed?
A Partnership Deed is a written agreement that defines the rights, duties, and profit-sharing ratio among the partners.
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Can a partnership firm have a business bank account?
Yes, after registration, the firm can open a current account in its name using the partnership deed and registration certificate.
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What is the validity of a partnership registration certificate?
Once issued, the registration certificate is valid for a lifetime unless the firm is dissolved or converted.
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What is the cost of partnership company registration?
The government fee depends on the state, while EbizFiling offers complete registration services starting from ₹1,999/-.
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Can a partnership firm be registered online?
Yes, the entire process can be completed online by submitting scanned documents through the Registrar of Firms portal.
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What are the advantages of registering a partnership firm?
Registration provides legal recognition, better credibility, dispute protection, and access to loans and tax benefits.
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Can a partnership firm apply for GST registration?
Yes, a registered firm can apply for GST if its annual turnover exceeds ₹40 lakhs (₹20 lakhs for service providers).
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Can an unregistered partnership firm file a case in court?
No, only a registered partnership firm can legally file a suit or enforce its contractual rights in court.
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Can a foreign national become a partner in a partnership firm?
Yes, a foreign national can become a partner with government approval and compliance under FEMA regulations.
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Can the partnership deed be amended later?
Yes, partners can modify the deed anytime with mutual consent and by registering the revised deed with the Registrar.
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What is the difference between a partnership firm and LLP?
A partnership firm has unlimited liability for partners, while an LLP provides limited liability protection to its members.
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Can a partnership firm be converted into a company?
Yes, a partnership firm can be converted into a private limited company or LLP by following the prescribed legal process.
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Is a digital signature required for partnership registration?
It may be required for online filing of the application depending on the state’s registration procedure.
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How can EbizFiling help in partnership registration?
EbizFiling manages the entire process — drafting the deed, collecting documents, filing the application, and providing post-registration support.