A traditional business structure for two or more people sharing ownership and responsibility.
A Partnership Firm is governed by the Indian Partnership Act, 1932. Partners share profits, losses, and responsibilities as per the Partnership Deed. All partners are personally liable for the firm's debts. While registration with the Registrar of Firms is optional, it is strongly recommended as it provides legal standing in courts.
Key features of this structure:
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| Document | Required From |
|---|---|
| PAN Card | All Partners |
| Aadhaar Card | All Partners |
| Address Proof | All Partners |
| Partnership Deed | Drafted by our team |
| Registered Office Proof | Utility bill + NOC |
| Passport Photo | All Partners |
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