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July 15, 2025
Can You Scale an Existing Partnership Firm Alone Or Do You Require a New Partner?
The name Partnership firm in itself implies the engagement of more than one person. Hence, a single person cannot enter into a Partnership. Partnership Firm 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.
The single owner entity is either a Sole Proprietorship Firm or a One Person Company.
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