Partnership Firm

Partnership Firm

Partnership is another form of business structure in which two or more individuals operates and manages a business in accordance with the clauses set out in partnership deed. Partnership registration is comparatively easy and it is prevalent among small and medium sized businesses that run their business in an unorganized way.

Choose partnership firm because of:

  • It is easy to register.
  • Partnership registration is less expensive as compared to LLP
  • It has less compliance requirements.

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