Why Register a Partnership Firm?
Registering your partnership firm offers several advantages:
Legal Recognition: Achieve legal status for dispute resolution and enforcement.
Ease of Formation: Simple and cost-effective setup process.
Shared Responsibilities: Share business responsibilities and financial obligations among partners.
Access to Resources: Leverage resources, skills, expertise for collective business growth.
Types of Partnership
General Partnership: All partners share equal responsibility and liability.
Limited Partnership (LP): Includes general and limited partners with restricted liabilities.
Access to Resources: Pool resources, skills, expertise for collective business growth.