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Two or more persons enter into a relation to carry on a business to earn profits. The persons are known as Partners, the firm is called as Partnership Firm. Type of partnership firm (a) Registered partnership firm (b) Unregistered partnership firm.

Why to register/Benefits:

• Firms are easy to register.
• Less legal compliances compared to body corporates.
• Easy to dissolve

Documents required:

• AADHAR Card of all partners
• PAN Card of all partners
• Passport size images of all partners
• Rent Agreement/Electricity Bill.

Process to register:

• Draft and Notarize partnership deed
• Apply for Pan card at IT Portal.