Partnership Firm Registration – Simple & Traditional Business Setup
CA Kalpesh Patel3 February 2026
1 min read
Introduction
A Partnership Firm is the simplest form of business for small traders and family businesses.
Key Features
✔ Easy to start
✔ Minimal compliance
✔ Flexible operations
Registration Process
1️⃣ Draft Partnership Deed
2️⃣ Stamp duty payment
3️⃣ PAN & bank account
4️⃣ Optional registrar registration
Limitations
❌ Unlimited liability
❌ Limited funding options
❌ Less credibility than companies
Suitable For
- Small traders
- Local businesses
- Family-run operations