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Partnership Firm

Register & Grow Your Partnership Firm with Expert Support

5.0 / 5.0

Overview

A Partnership Firm is a business structure where two or more persons carry on business with a view to profit under a partnership deed. Partnerships are governed by the Indian Partnership Act and allow flexible management while sharing profits and liabilities as agreed between partners.

Key Benefits

Easy mobilization of funds from members
Simple regulatory framework compared to NBFCs
Promotes member savings and access to credit
Lower cost of funds compared to external borrowing

Documents Required

List of initial producer members and their KYC
PAN Card of all directors/partners
Proof of registered office (rental agreement / NOC)
Signed rules & bye-laws for member deposits and lending

Time Line

Agree Partners & Deed

Decide partners, profit sharing and draft the partnership deed

Prepare Documents

Collect partner KYC, PAN and partnership deed for registration

Register & File

Assist with GST/PAN registration, bank account opening and filings

Post-Registration Compliance

Help with tax filings, agreements and ongoing compliance

How it's Works

Decide partners, agree profit-sharing and draft a partnership deed.
Draft rules & bye-laws tailored to member deposits and lending norms.
File incorporation forms with ROC (SPICe/e-forms) and obtain Certificate of Incorporation.
Complete post-registration formalities: PAN, TAN, GST (if applicable) and member enrollment.

Frequently Asked Questions

What is Online Lawyer consultation?
Online lawyer consultation is a convenient way to get legal advice from qualified lawyers through video calls, phone calls, or chat. You can discuss your legal issues and get expert guidance from the comfort of your home.
Are Mfiling lawyers qualified and verified?
Yes, all lawyers on Mfiling are thoroughly verified and have valid bar council registration. They have minimum 5+ years of experience in their respective practice areas and are experts in handling various legal matters.
How much does a consultation cost?
Our consultation starts from just ₹399 for 30 minutes. We offer transparent pricing with no hidden charges. Different lawyers may have different rates based on their experience and specialization.
Is online consultation legally valid?
Yes, online legal consultations are completely valid and legally recognized. However, for court appearances and document submissions, physical presence may be required as per court procedures.
How quickly can I get a consultation?
You can get instant consultation if lawyers are available online. Otherwise, you can book a slot for your preferred time. Most consultations are available within 24 hours of booking.
Is my information confidential and secure?
Absolutely! We maintain strict client confidentiality as per legal ethics. All your information is encrypted and secure. Our platform uses bank-level security protocols to protect your data.

What Our Clients Say

"MFiling made our Private Limited registration incredibly smooth. The team guided us through every step. Highly recommend!"

RK
Rajesh Kumar
CEO · TechNova Pvt Ltd

"Got our GST registration and trademark done in record time. The CA team is very knowledgeable and responsive."

PS
Priya Sharma
Founder · Green Organic Co.

"Excellent service for our annual compliance. We have been using MFiling for 2 years and never faced any issues."

AV
Amit Verma
Director · Verma Exports

"The LLP registration process was completed within a week. Professional team and transparent pricing. 10/10!"

SP
Sneha Patel
Partner · SP Law Associates
Service Price
₹2,999
Base price · GST extra
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Easy mobilization of funds from members
Simple regulatory framework compared to NBFCs
Promotes member savings and access to credit
Lower cost of funds compared to external borrowing

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Service Price
₹2,999
Base price · GST extra

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