PARTNERSHIP STARTUP
Allindiataxfiling.com can help you start a Partnership in 6 to 12 days.
"With The Introduction Of LLP In India, Partnership Firms Are Fast Losing Their Prevalence Due To The Added Advantages Offered By A LLP"
A General Partnership is a business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in the Partnership Deed. This structure is thought to have lost its relevance since the introduction of the Limited Liability Partnership (LLP) because its partners have unlimited liability, which means they are personally liable for the debts of the business. However, low costs, ease of setting up and minimal compliance requirement make it a sensible option for some, such as home businesses that are unlikely to take on any debt. Registration is optional for General Partnerships.
The formation of a partnership requires a voluntary “association” of persons who “co-own” the business and intend to conduct the business for profit. There are two types of Partnership firms, registered and unregistered. It is not compulsory to register a Partnership firm; however, it is advisable to register a Partnership firm due to the added advantages.
Persons can form a partnership by written or oral agreement, and a partnership agreement often governs the partners’ relations to each other and to the partnership. Generally, each partner is jointly and severally liable with the partnership for the obligations of the partnership and for the wrongful acts or omissions of a copartner.
Allindiataxfiling.com can help you start a Partnership in 6 to 12 days.
An Allindiataxfiling.com Financial Expert will first understand your business, Partners, Partnership structure and other relevant details to draft a Partnership Deed that is acceptable to all Partners.
Based on your requirements and we will help you register the Partnership Deed with the relevant authorities to make the Partnership a Registered Partnership Firm.
We will help you obtain PAN and TAN registration for your Partnership Firm from the Income Tax Authorities once the Partnership Firm is registered.
At Allindiataxfiling.com we ensure complete transparency at every step of the business incorporation process.We specialise in excellent customer service. When you call, email with our offices, you will receive personal attention from a knowledgeable specialist happy to help you .Our team of business startup specialists are here to keep you updated on the latest incorporation, tax and financial strategies and to help you manage important business details.
Allindiataxfiling.com provides fast and end-to-end Business Incorporation
and associated services. We also provide Accounting, Taxation and Legal
Services. We guarantee hassle-free service delivery in the shortest
possible time without compromising on quality.
Our team of experienced professionals assists entrepreneurs in selecting
the best business structure suiting individual requirements, and to
convert their dream business into appropriate corporate entities.
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