Partnership firm registration in Bangalore is completed entirely online through the KAVERI portal under the Registrar of Firms, Department of Stamps & Registration, Government of Karnataka. Follow these steps to register your firm efficiently and legally:
Step 1: Choose a Name for Your Partnership Firm
Pick a unique and relevant name for your Bangalore-based firm. Ensure it:
- Reflects your business activities
- Is not identical to existing firms in Bangalore
- Avoids misleading or restricted words
- Doesn’t resemble government authorities
Check name availability on the Registrar of Firms portal (rof.mahaonline.gov.in). Keep 2–3 alternative names ready.
Timeline: 1–2 days
Step 2: Draft the Partnership Deed
Prepare a detailed partnership deed including:
- Names and addresses of all partners in Bangalore
- Nature and scope of the business
- Capital contribution of each partner
- Profit and loss sharing ratios
- Roles, duties, and rights of partners
- Duration of the partnership and rules for partner entry/exit
Partners must execute the deed on non-judicial stamp paper. It must also be notarized for legal validity.
Timeline: 2–3 days
Step 3: Apply for a PAN Card for the Firm
Apply for a PAN card in the firm’s name via NSDL or UTIITSL portals (pan.utiitsl.com). This is required for tax compliance and opening a bank account.
Timeline: 7–10 working days
Step 4: Fill Registration Application (Form No. 1)
Download Form No. 1 from the Registrar of Firms (Karnataka’s RoF)website and fill in details such as:
- Firm name and nature of business
- Principal office address in Bangalore
- Names and addresses of all partners
- Joining date of each partner and duration of the firm
All partners or their authorized representatives must sign the form.
Timeline: 1 day
Step 5: Submit Documents to the Registrar of Firms
Submit the following to the Karnataka Registrar of Firms:
- Original partnership deed, signed and notarized
- Registration fee (Bangalore costs breakdown discussed below)
- Copy of the Firm's PAN card
- Proof of office address (rent agreement, utility bill, etc.)
- PAN and address proofs of all partners
- Affidavit confirming the accuracy of submitted details
Timeline: 1–2 days
Step 6: Receive the Registration Certificate
After verification, the Registrar issues the Certificate of Registration with a unique firm number. This certificate serves as legal proof of your partnership in Bangalore.
Timeline: 10–15 days
Step 7: Open a Current Bank Account
Use the PAN card and Certificate of Registration to open a current account in the firm’s name. This account is essential for managing finances.
Timeline: 1–2 days
Note: Partnership firm registration in Bangalore is valid for the lifetime of the firm. No renewal is required, but any changes in partners or firm details must be updated with the Registrar.
Don’t leave your business unprotected. Complete your partnership firm registration in Bangalore today with expert guidance, fast online filing, and full support at every step.