Here are the major reasons why people prefer Partnership Firm:
Start a partnership firm
Partnership firms are created with the help of a registered deed in India. It is necessary to register the partnership firm in order to claim any benefits or file a case against partners/ third parties. Bizpole provides reliable services to start a partnership firm in India.
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Minimum Compliance
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Simple To Begin
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Comparatively Economical
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Shared Decision Making
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Various Financial Returns to the Partners
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Audit Not Required (if total turnover is below ₹1 Crore as per guidelines)