Persons who have entered into a partnership with one another are called individually “partners” and collectively “a firm”, and the name under which their business is carried on is called the “firm-name”.

To commence a partnership firm, at least two persons are required. The firm doesn’t have a separate legal entity like a company. The firm is a collective name given to individual partners.

A firm is registered under Registrar of Firms, situated in the respective jurisdiction.

We at KPV, an Advisory firm have the expertise in setting up partnership firms in Bangalore. We provide the following services –

• Registration of the partnership firm
• Reconstitution/amendments to the firm
• Dissolution of partnership firm
• File Income Tax returns for the firm and its partners
• Tax consultation, both Income Tax and GST