Startup Consulting
Partnership
Starting a business with partners? We draft a clear partnership deed, register the firm with the Registrar of Firms and get its PAN, so you can open a bank account and trade.
- A deed that sets out who does what
- Firm registration handled for you
- PAN and bank account set up
- In-house team, never outsourced
- Handled or reviewed by CAs and CSs
- Data privacy first
On this page
A partnership firm is two or more people running a business together under a partnership deed. Registration is with the state's Registrar of Firms.
Tsquare, a Coimbatore-based firm, handles partnership firm registration online for clients anywhere in India.
At a glance
- Who it's for
- Two or more people starting a business together
- What you get
- Partnership deed, registration and PAN
- Where
- Registrar of Firms (state)
- Documents
- Partners' PAN, ID and address proof
Is a partnership right for you?
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You're starting with partners
You'll share ownership, work and profits with others.
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You want simple set-up
You'd like fewer formalities than a company.
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Professional practices
Some professions commonly work as partnerships.
What's included
- Advice on partnership versus LLP or company
- Drafting the partnership deed
- Registering the firm with the Registrar of Firms
- Applying for the firm's PAN
- Help opening the firm's bank account
Not included
- Stamp duty and government fees, if any
- Tax returns for the firm (a separate service)
How it works with us
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Tell us about the partners
Share who the partners are and how you'll share capital and profit.
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We draft the deed
We draft the deed and agree it with all partners.
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We register the firm
We file the registration with the Registrar of Firms and follow up.
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You get the PAN
We apply for the firm's PAN and help with the bank account.
Why register your firm?
- A registered firm can enforce its contracts in court more easily.
- Banks and clients trust a registered firm.
- A clear deed prevents disputes between partners.
Good to know
Why choose Tsquare?
Tsquare Professionals is a Coimbatore-based firm that helps clients across India with setting up partnership firms. Everything happens online, so it works the same wherever you are.
- An in-house team handles your work. It is never outsourced.
- Chartered Accountants and Company Secretaries handle or review every filing.
- Your documents stay private and are used only for your work.
- One point of contact who knows your business, from start to finish.
Starting a firm with partners?
Get the deed right first. We'll handle the rest.
Prefer to talk?
Leave your name and number and our team will call you back.
FAQ's on Partnership
It isn't compulsory, but a registered firm has clear advantages, such as being able to enforce its contracts in court more easily.
The partners' names, capital, profit sharing, roles, how decisions are made and what happens if a partner leaves.
Yes. Many firms convert to an LLP for limited liability.
Yes. The firm files its own income tax return.
In an LLP, partners' liability is limited and the LLP is a separate legal entity. See LLP registration.