Partnership Firm Package
Partnership deed drafting on stamp paper, firm PAN, GST registration, MSME/Udyam certificate, professional tax, and first-year ITR-5 filing — the complete setup for a new partnership firm in South India.
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4 services
Bundled in one engagement
5–10 days
Typical setup turnaround
30%
Flat tax rate for partnership firms
Services Bundled in This Package
Each service links to its full detail page so you know exactly what you are getting.
Simple, Low-Cost Business Structure for Partners
Flexible profit sharing
Partners can agree on any profit-sharing ratio in the deed — not limited to capital contribution. Remuneration and interest on capital are deductible at the firm level.
No ROC compliance burden
A partnership firm does not need to file annual returns with MCA. Compliance is limited to GST returns, income tax, and professional tax — far simpler than a company.
Proven structure for family businesses
Widely used by trading, retail, professional (CA/doctor), and manufacturing businesses across South India. Banks and government agencies have straightforward procedures for partnership firms.
