Partnership Firm

Partnerships are ideal for small business in the unorganized sector having multiple promoters. It is a form of business in which a group of people, (partners), come together and set up their firm and provide services and products through it. Here is what our service includes:

  • We'll first understand your business requirements
  • The first draft will be shared with you in four days
  • We do two rounds of iterations, if necessary, at no extra cost
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How To Register A Partnership Firm?

Registering a Company is quick, easy, and can be done online with Taxzex in 4 simple steps:

Easy Formation

Step 1

Flexibility in operation

Step 2

Better Management

Step 3

Sharing of Risk

Step 4

Easy Formation

Step 1

Flexibility in operation

Step 2

Better Management

Step 3

Sharing of Risk

Step 4

Advantages of Partnership Firm

Easy Formation

It can be formed without any legal formality and expenses. Thus they are simple and economical to form and operate.

Sharing of Profit and Loss

All the profits and losses are shared by the partners in any ratio as agreed. If it is not given then they share it equally.

Flexibility in operation

There is flexibility in the operations of business as the partners can change any operations by mutual consent.

Sharing of Risk

In partnership every partner bears the risks individually as it is easier compared to sole proprietorship.

Easy Formation

It can be formed without any legal formality and expenses. Thus they are simple and economical to form and operate.

Sharing of Profit and Loss

All the profits and losses are shared by the partners in any ratio as agreed. If it is not given then they share it equally.

Flexibility in operation

There is flexibility in the operations of business as the partners can change any operations by mutual consent.

Sharing of Risk

In partnership every partner bears the risks individually as it is easier compared to sole proprietorship.

Minimum Requirments

for Partnership Firm Registration

Steps

for Partnership Firm Registration

Step 1Choose a partnership name.

Step 2Create a Partnership Agreement or Deed

Step 3Consider whether additional clauses are needed

Step 4Proof of principal place of business

Step 5Deposit/pay the necessary fees and stamp duties

Step 1Choose a partnership name.

Step 2Create a Partnership Agreement or Deed

Step 3Consider whether additional clauses are needed

Step 4Proof of principal place of business

Step 5Deposit/pay the necessary fees and stamp duties

What all get you

with Partnership Firm Registration

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