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Success is best when it’s shared
In the dynamic and ever-evolving landscape of business, the concept of partnership has become a cornerstone for success. Partnerships, whether between companies, individuals, or organizations, have proven to be a strategic approach to navigating the complexities of today’s competitive markets.
Guiding you in creating a partnership busniess as per your terms and requirments to ensure transperency among all partners.
We'll love to know about your needs and requirements in our easy-going forms.
Select the package as per your needs and connect to our monk for initiating payment.
Our Monks will assist you with any queries about documents and other requirements.
Your applications are processed in a timely manner to ensure top-notch services are delivered.
The difference between these two is that the latter is registered with the Registrar of Firms (ROF).
If a firm is not registered, then it cannot enforce its claims against a third party in the court of law. Neither it can file a case against any of its partners.
Partners of a registered partnership firm can file suits against each other or even against the outsiders. Partners of an unregistered firm cannot sue the firm to enforce their claims. They cannot even file a suit against each other.
Suppose a new partner is being introduced. Before joining the firm, he can get all the required information from the registrar’s office and he will be more confident about joining the firm.
Even the third parties who are interested in dealing with the partnership firm can get information about the firm from registrar’s office.
What this means is that, in case of a registered partnership, when any partner is retiring he does not have to give public notice of his retirement. The retiring partner can retire peacefully after informing the registrar about his retirement.
In LLP the partner’s responsibility is limited to the capital he contributed and in case of a future loss, his personal assets are safe.
It is compulsory to file the annual return to “Ministry of Corporate Affairs” in case of a LLP
A normal partnership can be started with a professional fee of 2999 Rs. whereas a LLP can cost up to 4999 Rs.
₹6000
₹2999
Includes
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