Aavana

Benefits of a Partnership Firm A partnership firm is a business entity that is controlled by an association of people with the sole purpose of making profits. In a partnership firm, the partners share the liability of profit…

The LLP is a legal entity registered with the Registrar of companies under the Limited Liability Partnership Act 2008. It is being regulated by the Ministry of Corporate Affairs, a form of partnership is often found in firms…

All proprietorship firms have to maintain certain compliances like other companies registered in India. The only difference between compliance for a proprietorship firm and other corporate entities is that a proprietorship firm requires only an income tax filing…