Partnership Firm

A Partnership Firm in India are governed by the Indian Partnership Act, 1932. A Partnership Firm can be started by minimum two partners coming together in one common name. The partners relationship is of mutual agents to each other and they carry unlimited liability towards business risk. Partners carry on business in the name of firm. Profit and loss is shared by them as per partnership deed/agreement.

Advantages

  • Easy to Start
  • Inexpensive
  • Flexibility in Operation
  • Sharing of Risk/li>
  • Better Management

Steps to come into existance

  • Select Name of Firm
  • Place of Business
  • Filing an Application with Registrar of Firms
  • Partnership Deed
  • Partnership Firm Registraion
  • PAN Card of Firm
  • TAN Card of Firm
  • Start business transactions

Steps to Follow

  • Fill the query form/Call us directly
  • Fix meeting for detailed discussion
  • Submit documents

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