Cost of Partnership Firm Registration in Chennai: Complete Breakdown

Thinking of starting a partnership firm in Chennai? Here's a complete cost breakdown of registration—including government fees, professional charges, stamp duty, and other essentials. Know what to expect before you begin your business journey!

https://www.earnlogic.in/partnership-firm-registration.php

Cost of Partnership Firm Registration in Chennai: Complete Breakdown

Starting a partnership firm in Chennai is a popular choice for many small businesses and startups. While the process is relatively simple, understanding the cost involved is crucial for proper financial planning. Here’s a complete breakdown of the expenses you can expect when registering a partnership firm in Chennai.

Stamp Duty on Partnership Deed

The partnership deed must be printed on non-judicial stamp paper. In Tamil Nadu, the stamp duty is typically:

• 500 for general deeds
• 1,000 or more for deeds involving capital contribution

The exact amount depends on your capital contribution and terms in the deed.

Notarization Charges

The partnership deed must be notarized by a public notary. Notarization fees can range from ₹300 to ₹1,000, depending on the notary and document size.

Professional Fees

If you hire a CA, CS, or legal consultant to draft your partnership deed and file your registration, their professional fees may range from ₹2,000 to ₹7,000, depending on the complexity of your agreement and services offered.

Government Registration Fee

The fee for registering a partnership firm under the Indian Partnership Act, 1932 is around ₹1,000, paid to the Registrar of Firms in Chennai. There may also be minor miscellaneous charges for document handling and submission.

PAN & TAN Application

Applying for a PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number) for the firm will cost an additional ₹150–₹300.

Total Estimated Cost: ₹4,000 to ₹10,000

This cost can vary based on service provider fees and deed complexity. Registering your partnership not only offers legal protection but also enhances your credibility with banks and clients. Always consult a legal expert to avoid compliance issues.

otal Estimated Cost: ₹4,000 to ₹10,000

This cost can vary based on service provider fees and deed complexity. Registering your partnership not only offers legal protection but also enhances your credibility with banks and clients. Always consult a legal expert to avoid compliance issues.

otal Estimated Cost: ₹4,000 to ₹10,000

This cost can vary based on service provider fees and deed complexity. Registering your partnership not only offers legal protection but also enhances your credibility with banks and clients. Always consult a legal expert to avoid compliance issues.

otal Estimated Cost: ₹4,000 to ₹10,000

This cost can vary based on service provider fees and deed complexity. Registering your partnership not only offers legal protection but also enhances your credibility with banks and clients. Always consult a legal expert to avoid compliance issues.

otal Estimated Cost: ₹4,000 to ₹10,000

This cost can vary based on service provider fees and deed complexity. Registering your partnership not only offers legal protection but also enhances your credibility with banks and clients. Always consult a legal expert to avoid compliance issues.

Thinking of starting a partnership firm in Chennai? Here's a complete cost breakdown of registration—including government fees, professional charges, stamp duty, and other essentials. Know what to expect before you begin your business