A partnership firm means a firm opened by a minimum of two individuals known as partners of a firm to conduct a business or carry on a profession. Partnership firms are a popular form of business structure in India as it has fewer compliances than a company. Partnership firms are registered under Section 58 of the Indian Partnership Act, 1932 (‘Act).
However, the registration application for a partnership firm must be submitted to the Registrar of Firms of the state where the partnership firm is located
Documents Required for Partnership Firm
The following documents need to be furnished for registering a partnership firm: