What is Partnership Firm?

A partnership business is a structure in which two or more individuals manage and operate business in accordance with the terms and objectives of deed of partnership. As per Partnership Act, 1932, "Partnership" is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. In Partnership, the partners involved have unlimited limited, which means they are personally liable for the debts of the partnership firm.

Benefits of Partnership firms

  • Lesser Compliance in relation to Company and LLP

  • Suitable for Small and medium enterprises

  • Easy to register and manage

Connect for consutation with our experts

What we can offer?

  • Drafting of Partnership Agreement

  • PAN & TAN Nos.

  • Assistance in Bank Account Opening

Documents Required

  • Copy of Pan card of Proposed Partners

  • Copy of Proof of Identity of all the Partners

  • Copy of Proof of Residence of all the Partners

  • Passport Size photo of all the Partners

  • Unique Mobile No and Email address