Basic Partnership Firm
Partnership firm refers to association of persons created by way to an agreement called partnership deed. Partnership deed contains all the terms and conditions of mutual understanding between partners. It protects interest of partners as well as firm. In partnership, partners can be individuals, companies or any other separate legal entity.
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Why Choose SCA India Basic Partnership Firm
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Professional Charted Accountants
Our founders are Chartered accountants having diverse experience in the filed of accounting, finance and compliance management
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Dedicated Team
We have dedicated team of Chartered accountants and Company Secretaries
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In-House Services
We provide all services in-house
Advantages of Basic Partnership Firm
- Easy to establish: Partnership firm is relatively easy to establish.
- Higher Funding: With more than one owner, partnership has access to more capital than proprietorship firm.
- Flexible: Partnerships are easy to manage and run. They are less strictly regulated than companies.
- Responsibility Sharing: In partnership, partners having different skill set can share responsibilities and give best of their abilities.
- Decision Making: Two are better than one. More partners means more brain storming on any business issue.