Partnership Firm

A Partnership Firm is formed when two or more individuals agree to share profits and responsibilities. It’s best for small businesses seeking flexibility and shared resources. The process includes choosing a business name, drafting a partnership deed with partnership arrangements, optional registration under Indian Partnership Act, 1932 and obtaining required licenses, and obtaining approval from statutory bodies based on different activities. Partnership firms are most suited for family-owned businesses that involve investments by closely connected people.

Who can apply?

• Small and medium traders

• Family businesses

• Professionals starting joint ventures pooling resources and efforts.

What you need to begin:

• PAN & Aadhaar of Partners

• Proof of Office Address (Utility bill/ Rent Agreement)

• Registration with Registrar of Firms (optional, but recommended)

Why Salins & Co?

We draft a strong Partnership Deed, handle registration, and advise on tax/GST, ensuring your business is legally secure and future-read