Welcome to TaxadvisorIndia, one of a leading agency in Bangalore. Now you can register for Partnership firm online/offline in Bangalore, Karnataka. We are committed to provide partnership registration in shortest possible time through our dedicated office for partnership registration in Bangalore.
A general partnership firm is a business structure in which two or more individuals join together and operate a business in accordance with the terms and objectives set out in the Partnership Deed.
With the introduction of Limited Liability Partnerships (LLP) in India, general partnership firms are fast losing their prevalence due to the added advantages offered by a Limited Liability Partnership (LLP) firms.
However, low costs, ease of setting up and minimal compliance requirements makes it a sensible option for some, such as home businesses that are unlikely to take on any debt. Registration is optional for general partnership firm registration.