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MR Filings

Partnership firm registration

A deed that spells out capital, profit share and exit terms, stamped and filed with the Registrar of Firms.

What the fee covers

  • Partnership deed drafted for your business
  • Stamp paper guidance for your state
  • Registrar of Firms application
  • Firm PAN application
  • Bank account documentation

Professional fee

3,999

professional fee, stamp duty at actuals

Timeline
7 to 10 working days
Filed with
Registrar of Firms of your state
+91

No charge for the call. A CA responds within one working day.

A written deed beats a handshake

A partnership firm is the simplest way for two or more people to run a business together. There is no incorporation with the MCA, no annual ROC filing and no audit until the thresholds apply.

What matters is the deed. Capital contribution, profit share, decision rights and what happens when a partner leaves all belong in writing, because that is the document a court will read if the partners stop agreeing.

Best suited to

  • Traditional trading and retail businesses
  • Family businesses run by two or more members
  • Small teams that want a written deed without company compliance
  • Firms that plan to convert to an LLP later

Documents you need

  • PAN and Aadhaar of every partner
  • Passport size photographs
  • Address proof for each partner
  • Proof of the firm's place of business
  • No objection letter from the owner of the premises
  • Agreed capital contribution and profit sharing ratio

Scanned copies are enough to begin. We check every document against the department's current format before filing, because a rejected form costs more time than a resubmitted scan.

How the filing runs

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  1. Deed drafting

    Capital, profit share, interest on capital, partner duties and exit terms are written down and reviewed by every partner.

  2. Stamping and execution

    The deed is printed on stamp paper at the value your state notifies, then signed and witnessed.

  3. Registration with the Registrar of Firms

    The application goes to the Registrar with the deed and partner documents attached.

  4. PAN and bank account

    The firm gets its own PAN, and we prepare the paperwork the bank asks for to open a current account.

What it costs

3,999

professional fee, stamp duty at actuals

Typical timeline: 7 to 10 working days

Get free consultation

Ten percent below any comparable quote

Send us a written quote from another online filing platform for the same scope of work. We do the same filing for ten percent less, and the difference is shown in your quote before you pay anything.

  • Applies to professional fees on like for like scope and turnaround
  • Government fees and stamp duty are statutory and are charged at actuals by everyone
  • The quote you send has to be current and in writing

Partnership firm questions

Is registering a partnership firm mandatory?

Registration is optional under the Indian Partnership Act, but an unregistered firm cannot enforce its rights in court against partners or third parties. That single limitation is why most firms register.

How much stamp duty applies to a partnership deed?

Stamp duty is set by each state and often varies with the capital contributed. We confirm the exact value for your state before the deed is printed, and it is billed at actuals.

Can a partnership firm be converted into an LLP?

Yes. Conversion is a filing with the MCA that carries the business, assets and liabilities into the LLP, and it is a common step once partners want limited liability.

Do partners have unlimited liability?

Yes. In a partnership firm the partners are personally liable for the debts of the firm. If that is a concern, an LLP or a private limited company is the better structure.

Talk to a CA about partnership firm

Send your details and a chartered accountant calls you back with the document checklist, the timeline and the exact cost for partnership firm.

Not registered yet? Put the name you have in mind.

No charge for the call. Government fees are always quoted at actuals.

Reach us directly

22-1-3 Rajapangal Road, 7th Line, Ongole, Andhra Pradesh 523001. The office is open 10am to 7pm, Monday to Saturday, and WhatsApp and phone are answered around the clock.