Register your partnership firm with a legally sound partnership deed.
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Registering your partnership firm and drafting a clear partnership deed protects each partner's interests and makes disputes easier to resolve. Registration also gives the firm standing to sue in court.
Adzova's advocates draft your partnership deed and handle registration with the Registrar of Firms.
Deed Drafting
Your advocate drafts a partnership deed covering capital, profit share, and roles.
Stamping & Notarisation
The deed is stamped as per applicable state stamp duty.
Registrar Filing
The firm is registered with the Registrar of Firms.
PAN & Bank Account
Support in obtaining the firm PAN and opening a bank account.
Registration isn't mandatory, but an unregistered firm cannot sue third parties to enforce its rights, so registration is strongly recommended.
It should clearly define each partner's capital contribution, profit/loss sharing ratio, roles, and the process for admitting or removing a partner.
Yes, a registered partnership firm can be converted into an LLP to limit partner liability as the business grows.
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