#1 First Choose Partnership Firm Name.
#2 Fillup Application form with the business and personal details.
#3 Create Partnership Agreement or Deed with the help of MyOnlineCA Professionals.
#4 Take Printout of the deed on stamp & sign by all the partners with notarization.
#5 Email us your Deed Scanned Copy and Apply for the PAN & TAN.
#6 Get PAN & TAN Acknowledgement via Email from us.
#7 In next few days you will get the partnership firm pan card physical copy from the department.
#8 Apply for the MSME Registration with the help of MyOnlineCA Professionals.
#9 Get MSME Certificate and other legal agreements on your email with a complete package from us.
#10 Just open a current bank account on the basis of Deed & PAN +TAN+MSME and start your business.

Features of partnership Firm –

#1 2 Person Required as Partners.
#2 Partners share responsibilities and duties of the business.
#3 More capital can be brought into the business.
#4 Partners share responsibilities and duties of the business.
for the more benefits you can checkout here about benefits of partnership firm.
Check here disadvantages of the partnership firm

A detailed Guide on How to Register a Partnership Firm Step by Step –

Step 1 – Choose Partnership Firm Name –
​Your First step is to choose the partnership firm name. but you have to remember the below 2 factors while choosing the partnership firm name –

#1 Choose the name Which is not trademark or copyright or not registered as private limited company. you can use the MCA Website or Trademark search website to know about the registered brand names. for more info on this check out this article on company name search.

#2 never use words like Crown, Emperor, Empress, Empire or words because its required the govt approval for the same.

Step 2 – How to Create Partnership Deed ?
Partnership deed is an agreement between the partners where all the terms and conditions are mentioned regarding the partnership firm. Its always in the written with the stamp paper & notarized.

It’s include following things –
1. Name of the Firm.
2. Full Address of the registered office of the Firm.
3. Brief Description on the nature of the business.
4. Profit Sharing Ratio between the partners.
5. Name & Full Address of all Partners.
6. Salary Amount if any firm will be paid to the Partners
7. Capital Contribution by each Individual Partner.

Apart from this in the deed agreement rules regarding the admission of the partner & retirement, death etc. after the drafting you have to simply print on the stamp paper & get noterized the same.

Step 3 : – How to Register Partnership Deed in India –
Partnership Deed Registration with the Registrar of Firms are optional but still, if need the registration then you can follow the below documents to register with the Registrar of Firms –

1. Application for Registration of Partnership in Form No. 1
   2. Duly filled specimen of Affidavit
   3. Certified True Copy of the Partnership Deed
   4. Ownership proof of the principal place of business or rental/lease agreement thereof.

Once you submit the application to the registrar by signing the application, they will check all the deed points and terms for the same. if satisfied then record the partnership firm name in the register which is maintained by the ROF.

The Registrar of Firms always maintains the up to date information about the partnership firm. even anyone can person find the details of any firm in the registrar of firms by payment of prescribed fee.

if anyone case your application reject then you have to full-fill the requirements the resubmit the same. Remember its an expensive activity in some state with the offline mode so its always optional for the partnership firm.

You can simply go with the MSME Registration Act instead of the ROF and open your bank account & start your business.