Registering a partnership firm in Rajasthan is an online process facilitated through the Government of Rajasthan’s Single Sign-On (SSO) portal. Follow these steps for smooth and legal registration:
Step 1: Choose a Unique Name for Your Partnership Firm
Start by selecting a unique partnership firm name. Make sure it:
- Represents your business activities
- Doesn’t duplicate any existing firm names in Rajasthan
- Avoids words that are restricted or misleading
- Does not resemble government entities
To verify your name’s availability, check it on the official SSO portal (sso.rajasthan.gov.in). It’s advisable to have 2-3 backup names ready.
Timeline: 1–2 days
Step 2: Draft the Partnership Deed
Create a detailed partnership deed that includes:
- Names and addresses of all partners
- Business nature and objectives
- Contribution of each partner in capital
- Profit and loss distribution ratios
- Roles, responsibilities, and rights of each partner
- Duration of the partnership and guidelines for partner entry/exit
Partners must execute the deed on non-judicial stamp paper, and notarization is recommended for legal validity. While an oral partnership is legally valid, a written deed is necessary for registration. All partners must sign the deed in the presence of witnesses.
Timeline: 2–3 days
Step 3: Apply for a PAN Card for the Firm
A PAN card for a firm is essential for tax compliance and opening a bank account. Apply through the NSDL or UTIITSL portal (pan.utiitsl.com) to obtain it.
Timeline: 7–10 working days
Step 4: Complete the Registration Application (Form No. 1)
Download Form No. 1 from the SSO website. Complete the form with:
- Firm name and nature of business
- Principal office address in Rajasthan
- Details of all partners (names, addresses)
- Start date of each partner’s involvement and partnership duration
- Signatures of all partners or authorized representatives
All partners or their authorized representatives must sign the form.
Timeline: 1 day
Step 5: Submit the Required Documents
Submit the completed Form No. 1 with these documents:
- Signed and notarized partnership deed
- Registration fee
- Copy of the firm’s PAN card
- Office address proof (rent agreement, utility bills, etc.)
- PAN and address proof of each partner
- Affidavit confirming the accuracy of the provided details
Timeline: 1–2 days
Step 6: Receive the COI
Once the application is verified, the RoC issues the Certificate of Incorporation (COI). This certificate confirms your firm’s legal registration and includes a unique firm number.
Timeline: 10–15 days
Step 7: Open a Current Bank Account
Use the PAN card and COI to open a current bank account in your firm’s name. This account is essential for managing your business finances.
Timeline: 1–2 days
Note: The partnership firm registration in Rajasthan is valid for the lifetime of the business. No renewal is required. However, if there are any changes in partners or firm details, update the records with the Rajasthan RoF.
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