How To Register A Partnership Firm?
Registering a Partnership Firm with Numbro can be done online in just 3 simple steps.
PARTNERSHIP FIRM REGISTRATION
A Partnership Firm is one of the most widely used forms of business entities in India. It represents a transparent agreement between two or more individuals who come together to run a business and share profits. The people involved are called partners, and they can collectively choose a firm name for their business.
Partnership firms provide a strong platform to bring together business ideas, financial resources, and manpower. This collaborative structure helps create efficient governance and often offers more flexibility compared to a sole proprietorship.
ADVANTAGES OF HAVING A PARTNERSHIP FIRM REGISTERED
Simple setup & easy registration
Complete control over the business
Low Cost of formation & management
Private Limited Company
- Start-ups & growing companies
- Very easy to accommodate
- Yes
- Few benefits
- Yes
- High
Limited Liability Partnership
- Professional services firms
- Possible, but unlikely
- Yes
- Most efficient
- Yes
- Low
