The Indian Partnership Registration Act of 1932 is the primary governing partnership law in India. A partnership, as defined by the law, is a union of individuals who have consented to divide the profits from a company that they all, or any of them, act for a banking business. A partnership can only have a maximum of 10 members, whereas for other enterprises, it can have a maximum of 20 members.
Registration of Partnership Firm
Depending on the contribution of the partners, different states have different government fees for registering a partnership firm in india. However, the Partnership Firm Registration Online Plan allows you to register a partnership firm online.
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