Partnership Firm

A partnership firm is a business structure where two or more individuals manage and operate a business according to a partnership deed.

Key Features

  • Simple to Form and Manage
  • Shared Responsibility and Risk
  • Combined Skills and Capital
  • No Minimum Capital Requirement
  • Ease of Compliance

Necessary Steps

  • Draft a Partnership Deed
  • Notarize the Partnership Deed
  • Apply for PAN and TAN in Firm Name
  • Register the Deed (Optional but Recommended)
  • GST Registration (if required)

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