Partnership Firm Registration
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What is Partnership Firm Registration
A General Partnership consists of a minimum of two people who agrees to manage a business based on the terms and conditions set in a Partnership Deed. A partnership firm is a well-recognized business structure formed with mutual consent of all the partners for a profitable purpose. The firm is managed, owned and controlled by a set of people that are known as partners and have some shared capital in the firm.
Benefits of Partnership Firm Registration
- It can be started when the partners are ready and with minimum documentation whereas other firms require at least 10-15 days to cover up all the formalities like obtaining DSC, DPIN name approval, etc.
- It’s easier and faster to make a decision in a partnership firm registration as you don’t have to follow regulations to pass a resolution. A partner can perform transactions on behalf of the firm without any consent of other designated partners.
- Partnership deed helps in avoiding any type of conflicts between the partners.
TSP and Company is one of the best service provider in India for Partnership Firm Registration and many more. With the experts advice your firm get registered accurately.
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