Our Services includes the followings:
+ Service Tax
Partnership is the popular form of doing business. Partnership is as an association of two or more persons to carry on as co-owners a business for profit”. A partnership is not a separate legal entity distinct from its members.
In India, Partnership is governed by the Indian Partnership Act, 1932. Partnership is defined as per section 4 of the Indian Partnership Act 1932 is as under:
the relation between persons who have agreed to share profits of the business carried on by all or any of them acting for all.
There are two types of Partnership firms in India i.e. Registered Partnership Firm and Unregistered Partnership Firm. It is not a compulsion to register the partnership firm. However, is advisable to register your Partnership Firm Registration due to some additional advantages.