One of the easiest ways to start a business with someone is to establish a general partnership firm. We help you with your general partnership registration in India in the following ways.
We study your business requirements.
We prepare the first draft and share with you within 4 working days.
We do up to two rounds of iterations, if necessary, at no extra cost.
Partnership Company Overview
A general partnership is a corporate structure in which two or more people manage and operate a company in accordance with the partnership deed’s provisions and objectives. This structure is thought to have lost its relevance since the introduction of the limited liability partnership (LLP) because the partners in a general partnership firm have unlimited liability, which means they are personally liable for the debts of the business.
However, low costs, ease of setting up, and minimal compliance requirements make it a sensible option for some, such as home businesses that are unlikely to take on any debt. Registration is optional for general partnerships. Contact our Rayafeel experts now to know the recent partnership deed format.
Our services can also remind you through our website.