
PARTNERSHIP FIRM
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AN EXCLUSIVE PLATFORM FOR ALL WHO ARE LOOKING FOR ALL SERVICES UNDER ONE ROOF.
PARTNERSHIP FIRM
BASED ON GROUP OF PARTNER IN A COMPANY
Get Partnership Registration in 7 days
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WHY PARTNERSHIP FIRM
A Partnership is an association of two or more people to achieve certain common goals, pool money, skills, and other resources, and share profit and loss in accordance with terms of the partnership agreement. In absence of such agreement, a partnership is assumed to exit where the participants in an enterprise agree to share the associated risks and rewards proportionately.
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Partnerships are easy to form and can be of two types- registered and unregistered Partnership Firms. It is not compulsory to register a Partnership but however it is recommended to register it due to its added advantage. M-STAKE INDIA will help you form a Partnership Firm and register in 7-10 working Days .M-Stake India Expert lawyer will help you in determining the structure of your entity as per need and nature of your business.
Advantages of a Partnership Firm
It is easy to start as almost no legal compliance is required. However, if the firm is not registered, it will be deprived of certain legal benefits. The Registrar of Firms is responsible for registering partnership firms.
EASY TO START
A partnership is generally easier to form, manage and run. They are less strictly regulated than companies, in terms of the laws governing the formation.
FLEXIBILITY
CAPITAL
Due to the nature of the business, the partners will fund the business with start up capital. This means that the more partners there are, the more money they can put into the business, which will allow better flexibility and more potential for growth.
Partners share the decision making and can help each other out when they need to. More partners means more brains that can be picked for business ideas and for the solving of problems that the business encounters.