Building an onboarding process for a green field product

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Partnership Firm Registration Service

How to Apply for Partnership Firm Registration?

A partnership firm in simple words is something where a business is formed with two or more business persons coming together. Here they set a ratio of sharing their profit. In this kind of business formation, you can do any type of legal business without any restrictions. People prefer to build this type of firm rather than private limited companies because here you would never get stuck with a lot of compliances, unlike private limited companies.

This is highly regulated and scrutinized by The Indian Partnership Act, 1932. According to this act, the persons who come together to open this kind of firm are called partners. From profits to other big and small details, everything is mentioned in the contract while forming this type of firm.

How much time does it take to complete the partnership firm registration process?

Usually, people are not sure about the days required for completing the registration process for this kind of firm. If you follow the experts they would say that it would require approximately 12 to 14 to complete the total process for forming this type of firm. Still, one can safely say that it can be different in different states. There is no fixed time for processing the registration in any state of India.

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