Entrepreneurship

Can You Scale an Existing Partnership Firm Alone Or Do You Require a New Partner?

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.

 

About EbizFiling.com :

 

EbizFiling.com is a motivated and progressive concept conceived by like-minded people, which helps small, medium and large businesses to fulfill all compliance requirements of Indian Laws.

 

Get in touch for a free consultation on info@ebizfiling.com or call 9643203209.

Tags: Partnership
Ishita Ramani

Ishita Ramani is a young woman entrepreneur and currently the Operations Director at Ebizfiling India Private Limited. In her entire career so far, she has led a team of 50+ professionals like CA, CS, MBAs and retired bankers. Apart from her individual experience on almost every facet of Indian Statutory Compliances, she has been instrumental in setting up operations at Ebizfiling.com! Read about her journey at- https://www.greatcompanies.in/post/ishita-ramani-operation-director-at-ebizfiling-india-pvt-ltd

Leave a Comment

Recent Posts

Important Guidelines for OPC Incorporation in India with Ebizfiling

Important Guidelines for OPC Incorporation in India with Ebizfiling Introduction At Ebizfiling, we aim to make your OPC incorporation journey…

2 days ago

Partnership Firm Incorporation in India with Ebizfiling

 Partnership Firm Incorporation in India with Ebizfiling    Introduction    At Ebizfiling, we simplify the process of Partnership Firm Incorporation in…

3 days ago

GST Registration & Amendment Rules 2025: New Forms & Process Explained

GST Registration & Amendment Rules 2025: New Forms & Process Explained  Introduction The process of GST registration and amendment of…

3 days ago

Before You Incorporate a Proprietorship in India, Read This from Ebizfiling Experts

Before You Incorporate a Proprietorship in India, Read This from Ebizfiling Experts  Starting a sole proprietorship in India is one…

3 days ago

ITR Filing Extension F.Y. 2024-25: Common Mistakes to Avoid Before the New Deadline

ITR Filing Extension F.Y. 2024-25: Common Mistakes to Avoid Before the New Deadline Introduction The CBDT has extended the due…

2 weeks ago

MCA Extends FY 2024-25 Annual Filing Deadline to Dec 31, 2025 (No Extra Fees)

 MCA Extends FY 2024-25 Annual Filing Deadline to Dec 31, 2025 (No Extra Fees)    Introduction  The Ministry of Corporate…

2 weeks ago