A simple, low-cost way for two or more people to run a business together. We draft your partnership deed and register your firm.
A Partnership Firm is one of the simplest ways for two or more people to run a business together, governed by a partnership deed that sets out profit-sharing, roles and terms. It’s inexpensive and easy to start, though partners have unlimited liability.
Govyapar drafts a clear, dispute-proof partnership deed, obtains the firm’s PAN, and handles registration with the Registrar of Firms where you want the added legal standing.
A Chartered Accountant runs every stage, deed drafting to ready.
We draft the partnership deed to your terms.
Deed stamped and executed by partners.
Firm PAN obtained; registered with the Registrar.
Your firm is set up to operate.
Registration is optional, but a registered firm gets important legal rights (like the ability to sue to enforce contracts). We recommend and handle registration.
A written agreement setting out the partners, capital, profit-sharing, roles and terms. A well-drafted deed prevents future disputes.
No — partners have unlimited liability. If limited liability matters to you, consider an LLP instead.
Yes — partnerships are commonly converted to LLPs or companies as they grow. We handle conversion.