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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.

Partnership DeedFirm PAN + GSTMSME / UdyamITR-5 Filing

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🔒 Your information is 100% confidential

Avg. response time: under 2 hours

4 services

Bundled in one engagement

5–10 days

Typical setup turnaround

30%

Flat tax rate for partnership firms

Why Partnership?

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.

Partnership firm
FAQs

Frequently Asked Questions