Partnership Firm Registration

Partnership registration involves the formal registration of a partnership firm by its partners with the Registrar of Firms. This process typically occurs in the state where the firm is located. It's important to note that partnership firm registration is not mandatory; it's optional. Partners can choose to apply for partnership deed registration at the time of forming the firm or later during its ongoing operations.For partnership deed registration to take place, two or more individuals must come together as partners, agree on a firm name, and create a partnership deed.

(i). Obtain a DSC for all partners. This electronic signature is necessary for online document signing and can be acquired from a certified agency.

(ii). Select a unique name for the partnership firm, ensuring it is not identical or similar to any existing company or LLP. It must also comply with legal naming regulations.

(iii).Create a comprehensive partnership deed outlining the terms and conditions of the partnership. This document should include the firm's name, partner names and addresses, business nature, profit-sharing ratio, and the partnership's duration.

(iv). Partners must apply with the Registrar of Firms, including firm details, partners' names and addresses, and the duration of the firm.

(iv).Following verification by the Registrar of Firms, If the Registrar is satisfied with the application, a Certificate of Registration will be issued to confirm the partnership deed registration. This certificate proves the firm's registration with the Registrar of Firms.