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Partnership Firm

A partnership firm is created when two or more individuals agree to pool their financial resources and managerial skills to manage a business and split profits or losses according to a predetermined ratio. Each participant is referred to as a "partner," while the group is known as a "firm." To form a partnership firm, a minimum of two partners is required, while a maximum of 50 partners can be involved.

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Partnership Firm

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  1. PARTNERSHIP FIRM REGISTRATION IN INDIA What is Partnership Firm? A partnership is an alliance of two or more persons who agree to combine their financial resources and managerial abilities to run a business and share profits/losses in an agreed ratio. Minimum requirement for Partnership Firm Name of the Partnership Firm Minimum 2 Partners Minimum Contribution of 2 Rupees Advantages of online Partnership Firm Easier Formation Low Compliances Lower Registration Cost Features of Online Partnership Firm Registration Registration Lawful Business Sharing of profits and losses Visit us - registrationarena.com

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