Index

+91 7838968100
contact@sterlingtax.in


	Home About Us About Us Our Team Services Goods and Services Tax Direct Tax and Regulatory Services Personal and Corporate Taxation Transfer Pricing Finance and Accounting Outsourcing Tax Compliance Health Checks Tax Deducted at Source Business Registration Services TDS Return Filing Services Accounting Services Start Your Business Start a business Sole Proprietorship Partnership Private limited company Limited liability Partnership (LLP) One Person Company Indian Subsidiary by foreign owners Nbfc Registration India NGO Registration Liaison office in Gurgaon Opening of Branch office by Foreign Company Registration of Foreign Subsidiary Licence/Registration Food License Registration Getting Started With Trademark Registration in India ICEGATE Registration Import Export Code MSME Registration Startup India Registration Employee Provident Fund Taxes Income Tax Return Filing TDS Return Filing GST Registration in India GST Return filing & Compliance Legal Drafts Founders Agreement Rent Agreement Knowledge Bank Calculators GST Calculator Tax Calculator TDS Calculator Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund SIP CALCULATOR Lumpsum CALCULATOR Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Income Tax Bill 2025 IT Act Vs IT Bill 2025 IT Bill 2025 faqs income tax bill faqs income tax bill general Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Direct Tax Vivad Se Vishwas Scheme Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 Company Secretaries Act, 1980 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 CGST Tax Act, 2017 UTGST Act, 2017 GST (Compensation to States) Act Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply

#HomepagecontentControl {/* margin-top: -21px; margin-left: -5px;*/} .modal.fade.zoom:not(.show) .modal-dialog {transform: scale(0.8);} .modal-backdrop.show{position: relative;} .modal.show{background: rgba(0,0,0,.5);}

Applicant Details

Select A Package

Make Payment

Choose India best Business service provider
Choose Sterling Tax

How It Works

1,00,000 +

Platform Users

4.8

Customer Rating

500 +

Pro Network

Applying

Types

Documents

Procedure for Applying

Fill Information

We will love to know about your company in our eazy to fill forms.

Make Payment

Select the product as per your need and proceed to payment.

Mail Documents

Our Experts will assist you with any queries about documents.

Sit Back and Relax

Our passionate team will process your application in fastest time.

Partnership Firm Registration in India

Partnership firms in India are governed by the Indian Partnership Act, 1932. A Partnership Firm is owned and managed by two or more partners and is a popular business structure among small and medium-sized enterprises, especially in the unorganized sector.

Compared to a Sole Proprietorship, a Partnership Firm allows for pooling more resources, including capital, time, and effort, as multiple partners collaborate to grow the business. A partnership is defined as a relationship between individuals who have agreed to share the profits and responsibilities of a business, which may be managed by one or more partners on behalf of all. The individuals involved are called partners, and together they form a firm, operating under a common firm name.

The registration process for a Partnership Firm in India has been significantly streamlined by the Registrar of Firms (ROF). The updated process is now faster and more efficient, requiring the submission of a ROF form for registration.

We have successfully assisted numerous entrepreneurs in registering their Partnership Firms across major Indian cities. Our services are reliable, quick, and hassle-free, ensuring a seamless registration process for your business.

Legal Compliances for Partnership Firm in India

Income Tax Return : Partnership firm at end of financial year need to prepare it financial statements such as Profit and loss statement and Balance sheet. And apply for filing income tax return.
GST Returns: If Partnership firm who applied for GST registration then , need to file GST Returns on month or quarterly basis

Advantages Of Partnership Registration

Quick & Easy Partnership Firm Registration

Starting a partnership firm is now simpler than ever and can be done entirely online. You can register your firm within just a few days, making the process fast and hassle-free.

Additionally, the cost of incorporation is considered an allowable expense against corporation tax, providing financial benefits for your business. Get started today with ease!

Improved Decision-Making

In a partnership firm, all partners have an equal right to participate in business management and decision-making. This collaborative approach ensures that different perspectives are considered, leading to well-informed and balanced decisions. In case of any conflicts, partners can work together to find effective solutions, fostering a cooperative and efficient business environment.

Operational Flexibility

A partnership firm offers great flexibility in its operations. Partners can easily modify the size, nature, or scope of the business as needed, without the need for complex legal procedures. Any changes can be implemented with the mutual consent of all partners, allowing for quick adaptability and seamless decision-making.

Profit and Loss Sharing

There is an agreement among all the partners to share the profits earned and losses incurred in partnership business. Partners mutually decide about Profit loss sharing ratio. Profit from firm is tax free in hands of partners.

Taxation of Partnership Firms

For income tax purposes, a partnership firm is taxed as a separate entity, meaning the firm itself is responsible for paying income tax. However, the partners’ share of profits is not taxable in their hands. Additionally, Dividend Distribution Tax (DDT) does not apply to partnership firms, and the provisions of ‘deemed dividend’ under income tax law are also not applicable. This makes taxation more straightforward and efficient for partnership firms.

Minimum Requirements

Only two partners are required to start up a partnership firm. There is no need to perform and submit an audit annually. As in case of Private limited or Limited Liability Partnership the Partnerships firm is not required to do fillings at Ministry of Corporate Affairs.

What Your Partnership Registration Agreement Contains