Partnership Firm & Legal Services
Starting a business is exciting, but choosing the right legal structure is one of the most important decisions you will make. Among the available options in India, a Partnership Firm is one of the most popular for small and medium businesses due to its simplicity, flexibility, and low cost of compliance.
Partnerships allow two or more individuals to come together, pool resources, and share profits while enjoying the benefit of shared responsibility and decision-making. However, proper legal registration, compliance, and documentation are critical to avoid disputes and ensure smooth operations.
At Sinha & Associates, we provide end-to-end Partnership Firm Registration and Legal Services in Kolkata. With over 25 years of expertise in business registrations, taxation, and legal compliance, we guide entrepreneurs through the setup, registration, drafting of agreements, and ongoing legal advisory for partnership firms and other business entities.
Why Partnership Firm Registration is Important
Legal Recognition – Registered firms enjoy better credibility with banks, vendors, and clients.
Dispute Prevention – A properly drafted partnership deed helps avoid internal conflicts.
Ease of Operation – Fewer compliance requirements compared to companies or LLPs.
Access to Finance – Banks and financial institutions prefer registered firms for loans.
Tax Benefits – Partnership firms are taxed separately, allowing better financial planning.
Business Growth – Easier to expand operations with multiple partners contributing resources.
Types of Partnership Firms
Registered Partnership Firm
Registered under the Indian Partnership Act, 1932.
Provides legal protection and recognition.
Eligible to sue third parties or enforce contractual rights.
Unregistered Partnership Firm
Not registered with the Registrar of Firms.
Cannot enforce contractual rights in court.
Limited benefits compared to registered firms.
Our Partnership Firm & Legal Services
1. Partnership Firm Registration
Drafting and filing Partnership Deed.
Assistance with name approval and registration.
Filing application with the Registrar of Firms (RoF).
Obtaining a Registration Certificate.
2. Drafting & Documentation
Drafting legally sound Partnership Deed with all important clauses (profit sharing, duties, admission/retirement of partners, dispute resolution, etc.).
Amendment of deed in case of changes in partners or business terms.
Assistance with affidavits, declarations, and notary work.
3. Legal Advisory for Partnerships
Guidance on business structure, liability, and taxation.
Advisory on conversion of partnership into LLP or company.
Dispute resolution and legal representation in case of conflicts.
4. Compliance & Tax Support
PAN and TAN application for the firm.
GST registration and regular return filing.
Income tax filing for the partnership firm.
Professional Tax, ESI, EPF, and other registrations as required.
5. Expansion & Exit Support
Assistance in admitting new partners or retirement of partners.
Conversion of partnership firm into LLP or Private Limited Company.
Legal assistance in case of dissolution of partnership.
Documents Required for Partnership Firm Registration
Partnership Deed (drafted and notarized).
PAN card of the firm.
PAN and Aadhaar card of all partners.
Passport-size photographs of partners.
Address proof of business premises (electricity bill, rent agreement, or ownership papers).
Utility bill or proof of identity for partners.
Proof of ownership/lease agreement for business place.
Process of Partnership Firm Registration
Consultation & Planning – Understanding business goals and number of partners.
Drafting Partnership Deed – Including details such as business name, objectives, capital contribution, profit-sharing ratio, and partner responsibilities.
Notarization of Deed – Getting the deed stamped and notarized.
Application Filing – Submitting documents to the Registrar of Firms.
Issuance of Registration Certificate – Obtaining the official recognition of the firm.
Post-Registration Compliance – PAN, GST, bank account opening, and other statutory registrations.
Key Clauses in a Partnership Deed
Name and address of the firm and partners.
Nature of business and activities.
Capital contribution of each partner.
Profit-sharing ratio.
Roles and responsibilities of partners.
Admission/retirement of partners.
Dispute resolution mechanism.
Dissolution process of the firm.
Benefits of Partnership Firm Registration with Sinha & Associates
Customized Legal Drafting – Tailored partnership deed covering all legal and business aspects.
Hassle-Free Registration – End-to-end support with Registrar of Firms.
Tax & Compliance Expertise – Assistance with PAN, GST, income tax, and professional tax.
Legal Protection – Advisory on rights, liabilities, and dispute resolution.
Conversion Guidance – Assistance in upgrading to LLP or company when business expands.
Other Legal Services We Offer
Along with Partnership Firm Registration, we also provide:
LLP Registration & Compliance.
Private Limited Company Incorporation.
Trust, Society, and NGO Registration.
Property Registration & Legal Advisory.
Trade Licenses & Business Permits.
Drafting of Contracts, Agreements, and Legal Notices.
Common Challenges in Partnership Firms
Disputes among partners → Solved through strong partnership deed and mediation.
Tax mismanagement → Regular advisory on income tax, GST, and compliance.
Legal recognition issues → Ensured through proper registration with Registrar of Firms.
Business expansion → Guidance on conversion into LLP or company for growth.
FAQs – Partnership Firm & Legal Services
Q1. Is registration of a partnership firm mandatory?
No, but registration is strongly recommended as unregistered firms cannot enforce legal rights in court.
Q2. How many partners are required for a partnership firm?
A minimum of two partners is required.
Q3. What is the maximum number of partners allowed?
Up to 20 partners in a firm (10 in case of banking business).
Q4. Can a partnership firm get PAN and GST registration?
Yes, PAN is mandatory, and GST registration is required if turnover exceeds limits.
Q5. How long does registration take?
Usually 10–15 working days, depending on document readiness and Registrar approvals.
Q6. Can a partnership firm be converted to LLP or company?
Yes, we provide full assistance in conversion and restructuring.
Why Choose Sinha & Associates?
25+ years of legal, taxation, and compliance expertise.
Successfully registered hundreds of partnership firms in Kolkata and West Bengal.
End-to-end support — from drafting the deed to legal advisory.
Affordable, transparent, and reliable services.
Trusted by entrepreneurs, SMEs, and corporates for all legal needs.