Partnership Firm
A Partnership is one of the most important forms of a business organization, where two or more people come together to form a business and divide the profits thereof in an agreed ratio. A Partnership is easy to form, and the compliance is minimal as compared to companies.
Partnership Registration
@ Rs.1,899/-
Benefits of Partnership Firm Registration
- All partners are jointly and severally liable for the debt taken by the firm. The personal assets of all the partners can be used for repayment of the loan. All this gives greater confidence to the lenders. Thus, a partnership firm enjoys greater credibility and therefore raise more debt for the business.
- All partners contribute to the capital of the firm so it has more funds to work with.Partnership can bring more capital to the business by the joint efforts of the partners. The partnership is normally in strong position to raise capita and expand the business
- There are no complicated legal formalities involved in the establishment of partnership business. The partners enter into a partnership agreement and start business.
