Brief Introduction

  • Partnership Firm is a small business entity having more than one owner
  • Minimum 2 partners are required to form a Partnership Firm
  • Partnership Firm is a Separate Legal Entity means an ‘Artificial Judicial Person’
  • After the introduction of the LLP’s concept in India, the states ‘Partnership Firm’ becomes old and gradually evaporates.
  • Partnership Firm can be registered or unregistered. Registration is with RoF but not compulsory

Benefits of a Partnership Firm

  • It is a Separate Legal Entity and enjoys wide legal capacity
  • It can own a property, incur debts, raise funds, etc…
  • It is one of the easiest form of business to incorporate and manage.
  • No Statutory Audit Report of accounts is required to be submitted with RoC
  • There is no limitation on number of statutory meetings of the partners during the year
  • There is no requirement of filing annual return with RoC unlike LLPs

Now, easily start Your

PARTNERSHIP FIRM in just Rs. 5,499/-

(All inclusive and no other hidden charges)

In above fees, We Offer:

Drafting of Partnership Agreement
P.A.N. of Firm
T.A.N. of Firm

Save

Save