How to Register a Firm in Delhi: Partnership vs LLP Explained
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Starting a business in Delhi requires more than a good idea—it begins with choosing the right structure and registering it legally. The two most common structures for small and mid-sized businesses are Partnership Firms and Limited Liability Partnerships (LLPs). Both options offer distinct benefits and suit different business models. If you're preparing for Firm Registration in Delhi , understanding these options will help you move forward with confidence. Registering a Partnership Firm A partnership firm is a simple and practical option for businesses involving two or more individuals. It allows for shared responsibilities and profits, as defined in a legal document called a Partnership Deed. Although registration is optional, getting your firm officially registered provides legal backing, which can be helpful in resolving disputes and accessing financial services. The process involves drafting and notarizing the Partnership Deed, then submitting it to the Registrar of F...