Partnership Firm
- Is the traditional form of business constitution. Ideal for small and local businesses. Partnership firms are owned, manage and controlled by Association of persons for earning profits.
Features of Partnership Firm
Process of Registration / Incorporation of Partnership Firm
- Easy to Start and manage.
- It can be Registered or Unregistered.
- Less compliances as compare to other form of businesses.
- Easy availability of Firm Name.
- Govern by Partnership Deed.
- Preparation of all Legal documentation.
- Application with Registrar of firm.
- Obtaining Certificate of Registration.