The 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. It is owned, managed and controlled by an Association of People for profit. Partnership firms are relatively easy to start and are prevalent amongst small and medium-sized businesses in the unorganized sectors.
Partnership firms are created by drafting a Partnership deed among-st the Partners.
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Forming a Partnership Firm is simple when you have the right documents and expert guidance. With minimal paperwork and a straightforward process, it’s an ideal choice for small businesses.
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