Taxpert4u
Tax & Business Solutions
Initializing Infrastructure
Initializing Infrastructure
Simple, flexible business structure for 2+ partners. Low cost, minimal compliance, and quick setup.
A Partnership Firm is one of the most popular and easy-to-form business structures in India. Governed by the Indian Partnership Act, 1932, it's ideal for small businesses, family businesses, traders, and professionals who want to pool resources and share profits. The Partnership Deed is the foundation document that governs the relationship between partners — covering profit-sharing, roles, capital contribution, and dispute resolution. We draft comprehensive deeds and handle the complete registration process.
Gather all partner information including capital contribution and profit-sharing ratio.
We draft a comprehensive Partnership Deed covering profit sharing, roles, exit clauses, and dispute resolution.
Execute the deed on appropriate stamp paper and get it notarized.
Register the firm with the Registrar of Firms in your state.
Apply for firm's PAN card and help open a current bank account in the firm name.
Minimal formation costs compared to companies. No DSC or DIN required.
Partners can decide any profit-sharing ratio. Not necessarily linked to capital.
No board meetings or resolutions required. Partners decide mutually.
No annual MCA filing. Only ITR and GST returns (if applicable).
Our deeds cover joining, leaving, disputes, death clause, and succession.
Partners' remuneration and interest on capital are deductible business expenses.
The simplest way to start a business with partners. We handle everything.