Partnership Firm Registration

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Partnership Firm Registration

The partnership can be registered under the Registrar office having jurisdiction as the state in which it is registered.The registered firm gets the legal status in the eyes of the law and thus gets legally recognize.The Partnership Firm Registration is the most common form of business structure in India. A business association is created by two or more individuals coming together to pool their resources for mutual benefit by sharing profits and losses in a prescribed proportion. However, the registration provides the legal existence to it and makes it easier to later convert it to other entities

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