Who Should Register a Partnership Firm in India?
A partnership firm may suit NRIs and OCI holders investing in an eligible Indian business, subject to applicable FEMA conditions.
Why Choose a Partnership Firm in India?
A partnership firm offers a simple and flexible business structure for NRIs and resident partners starting an eligible business in India.
Partnership firms can be a cost-effective option for starting and operating a small business with multiple partners.
Partners can agree on profit-sharing ratios, responsibilities, and capital contributions through the partnership deed.
A partnership firm provides a straightforward structure for businesses owned and managed by two or more partners.
Partners can participate in business decisions, management, and day-to-day operations according to the partnership agreement.
Get assistance with PAN, TAN, GST registration, tax compliance, and other applicable business requirements.
Partnership firms can be suitable for family businesses, professional services, and other eligible small businesses.
NRI Partnership Firm Registration Process in India
From eligibility review and NRI KYC to partnership deed drafting, registration, and post-registration compliance, we provide end-to-end assistance for setting up your partnership firm in India.
- 01NRI eligibility requirementsReview your partnership structure, business activity, and FEMA requirements.
- 02Partner KYC & Document ReviewVerify the required documents and KYC details of the NRI and Indian resident partners.
- 03Business Name & Activity CheckReview the proposed firm name and business activity for applicable registration and regulatory requirements.
- 04Partnership Deed DraftingPrepare the partnership deed covering capital contribution, ownership, responsibilities, and profit-sharing ratios.
- 05Firm Registration & PAN/TANAssist with partnership firm registration and applications for PAN, TAN, and other applicable tax registrations.
- 06Bank & Compliance AssistanceGet guidance for business bank account setup and post-registration tax, regulatory, and compliance requirements.
Documents Required for NRI Partnership Firm Registration
The documents required for partnership firm registration may vary based on the partners, business activity, and registration requirements. Our team helps verify the required documents to minimize delays.
- Copy of valid passport
- PAN card copy
- Overseas address proof
- Passport-size photograph
- Email address and mobile number
- Notarized/attested documents, where applicable
- PAN card
- Aadhaar card
- Address proof
- Email address and contact details
- Passport-size photograph
- Proposed firm name
- Registered office address proof
- Utility bill/NOC, where applicable
- Business activity details
- Partnership deed details
- Capital contribution details
NRI Partnership Firm Setup in India
Simplify your partnership firm registration in India with expert assistance for deed drafting, NRI documentation, registration, tax setup, and compliance.
NRI Partnership Firm Registration Consultancy
- Partnership Deed Drafting
- NRI Documentation & KYC Guidance
- FEMA/RBI Compliance Review
- PAN/TAN Application
- PAN/TAN Application Assistance
- GST Registration Guidance
- Partnership Registration Support
- 1GST Filing Guidance
- 2Annual Tax Compliance
- 3Partner Profit & Tax Guidance
- 4Income Tax Filing Support
- 5Partner Remuneration Advisory
- 6Accounting & Bookkeeping Setup
FEMA & RBI Compliance for NRI Partnership Firms
NRI investment in an Indian partnership firm may be subject to FEMA, RBI, sector-specific, and repatriation requirements. We help review the applicable requirements before and after registration.
- NRI Investment & Capital Route Review
- Applicable Sector Restrictions
- FEMA/RBI Compliance Assessment
- Investment Source Documentation
- Partner Tax & Compliance Considerations
Key NRI Partnership Firm Restrictions
NRI partnership firms may be subject to FEMA, RBI, sector, and repatriation requirements. Review applicable restrictions before investing.
Restricted Business Activities
NRI/OCI investment is restricted in agricultural/plantation activities, print media and real estate business.
Lottery, Gambling & Chit Fund Restrictions
NRI investment may not be permitted in certain activities, including lottery, gambling, and chit fund businesses, subject to applicable regulations.
Repatriation Requirements
Capital investment is generally non-repatriable; other remittances are subject to applicable FEMA and tax rules.
Proper Capital Contribution
Capital contributions should use permitted banking channels and comply with applicable FEMA documentation requirements.
Why Choose SaveTaxs for NRI Partnership Firm Registration?
Get end-to-end assistance for NRI partnership firm registration in India, from documentation and deed drafting to tax, FEMA, and post-registration compliance.
Frequently Asked Questions
Yes. An NRI may invest in an eligible Indian partnership firm on a non-repatriation basis, subject to applicable FEMA conditions.
Yes, subject to applicable FEMA investment, business-activity and non-repatriation conditions.
Common documents include a valid passport, PAN card, overseas address proof, photograph, contact details, and applicable attested or notarized documents. Documents may vary based on the partners and registration requirements.
Yes, an NRI can partner with an Indian resident in an eligible Indian partnership firm, subject to applicable FEMA and RBI requirements.
NRI investment in a partnership firm is subject to applicable FEMA rules, including investment-route, business-activity and repatriation conditions.