September 6, 2018

Partnership Firm Registration

Partnership Firm Registration

Partnership Firm is a type of business that is formed and controlled by a group of people for profit. It is easy to start and very popular form of business in India, especially among small and medium sized businesses.

Benefits of Partnership

Easy To Operate

The profits and losses can be shared between the partners in a regular basis, unlike other modes of business types.

Easy Compliance

The compliance requirements are not stringent. Accounting and maintenance of records are simple and minimal regulatory processes.

Easy Exit

The partnership form of business gives flexibility to the partners to determine their share of profits and exit structure can be simplified.

Documents Required

  1. PAN of all the applicants
  2. Aadhaar copy
  3. Proof of office facility