Start your business with a Partnership Firm. The most popular structure for small businesses involving two or more partners. Low compliance and easy to start.
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A Partnership Firm is a popular business structure where two or more individuals manage and operate a business in accordance with the terms set out in a Partnership Deed. It is governed by the Indian Partnership Act, 1932. It is easy to form and has minimal compliance requirements compared to LLPs or Private Limited Companies.
It can be started by drafting a Partnership Deed and getting it notarized. Registration with the Registrar of Firms (ROF) is optional but recommended.
Partners share the responsibilities, liabilities, and profits of the business, making management easier.
Unlike a Pvt Ltd Company, there is no need to file annual returns with the MCA. Only Income Tax returns need to be filed.
Decision-making is faster as partners can mutually agree on business matters without complex board meetings.
Select a unique name for your firm that doesn't conflict with existing trademarks.
We draft a comprehensive partnership deed on stamp paper outlining terms & conditions.
The deed is signed by all partners and notarized. We apply for the Firm's PAN card.
Application is submitted to the Registrar of Firms for the Registration Certificate.
We provide a dedicated Startup Advisor, monthly compliance status reports, and ensure 100% accurate filing at the lowest fees in the market.
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