Limited Liability Partnerships: What Are They? Limited liability partnerships (LLPs) combine the advantages of partnerships and the protections of corporations. LLPs have each partner responsible for their own legal liabilities,…
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Indian Partnership Act Registration: Procedure for Partnership Firms
Partnership firms are formed when two or more people join forces along with mutual permission to establish an entity and distribute earnings in an agreed-upon manner. When choosing partners for…
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Is Udyam Registration Possible for Partnership Firms?
MSME registration in India is now called Udyam registration. On a self-declaration basis, this process is completed online through the portal. As a result, newcomer entrepreneurs find the process straightforward….
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What You Need to Know About Drafting a Partnership Deed Online in India?
What should you do if you want to add a new member to your Partnership Business? In order to add or remove members from your business, you’ll need a valid…
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Partnership Deed in India – Partnership Deed Contents
One of the most popular forms of organization for starting a new business is a Partnership Deed. A contract specifies terms such as profit/loss sharing, salary, interest on capital, drawings,…
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The Importance of Partnership Deeds for Businesses
The days of doing business were simpler in the past, when people simply made a trade and honored their words! As a result, we have seen a long history of…
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