Tutorial Registration Of Partnership Firm

Pooja Sharma

Well-Known Member
Registration means enlisting the name of a firms in the register of firms by the registrar of firms of the state and issue of certificate to that effect. There is no legal compulsion to get a partnership firm regestered, but it is drsirable to get the firm registered so as to claim certain advantages of registration and to avoid certain disqualifications of an unregistered firm. Unregistered firm suffers from some disabilities which make it difficult to operate.
 

Zirkon Kalti

Content Writer
It is easier to manage a partnership firm because it is taken care by several partners who handle the daily business affairs such as profits and management. The partners in the business can make any changes to the operations based on mutual consent.
 
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