Registration of Partnership is very simple and there are not many formalities are involved. There are basically two type of Partnership in India
1. Unregistered Partnership
2. Registered Partnership
The basic document of Partnership is its Deed, which contains its terms and conditions and profit and loss sharing ratios. In case your deed is silent on some issue then the provisions of Partnership Act shall apply.
In case a partnership is not registered it is deprived with certain benefits.