Easy Partnership Firm Registration in Bangalore. Why To choose Partnership Firm Registration ?
Get Partnership Firm Registration within 10 WORKING DAYS . A Partnership is one of the most important forms of a business organization, where two or more people come together to form a business and divide the profits thereof in an agreed ratio. A Partnership is easy to form, and compliance is minimal as compared to companies.
For Partnership Registration, you must agree on a firm name and then establish a partnership deed. It is a document stating the respective rights and obligations of the partners and to be valid it should be written and not oral. The terms of the Partnership Deed can be varied to suit the interests of the partners and can even be made contrary to the Indian Partnership Act, 1932 but if the Partnership Deed is silent on any point, then the provisions of the Act would apply.
A partnership deed is an agreement between the partners in which rights, duties, profits shares, and other obligations of each partner is mentioned.