Have two or more partners to run a business? Get your partnership deed, PAN and TAN registrations starting from Rs 1600.
It must be noted that the liability pf the partners is unlimited (Private estate can be utilised to settle liabilities) however is most convenient form of business as the compliance requirements are minimal as compared to all the other entity structures suitable for Micro and small businesses.
A partnership firm required a well drafter partnership deed which clearly specifies capital contributions, Profit/Loss sharing ratio, interest in capital, salary to partners, procedure of admission and retirement of partners, Salary to partners etc.
Team My True Books is driven by Chartered Accountants, Company Secretaries, Lawyers and experienced accountants seeking to provide end to end solutions and best in class services for partnership registrations and compliances.