Online Partnership Agreement Registration
That is why we strongly advise you to register your partnership association in the future without legal problems. Unlike Limited Company or LLP, there is no need to submit the annual return to a partnership company. However, the income tax return must be filed at the end of the fiscal year and on the due date. There is no review under the Partnership Act, so a company does not need to have its books checked. However, if the turnover exceeds 2 crore, a tax audit is mandatory. Yes, a partnership company can easily be transformed into a limited liability company or a limited liability company. Partnership is an old way of doing business; We always recommend setting up a business in the form of Private Limited Partners based in India can only become partners in a partnership company. Foreigners wishing to set up their own business can opt for the registration of a limited liability company. . . .