Your Guide to Firm Registration in Delhi: Partnership vs LLP

Starting a new business in Delhi? Choosing the right legal structure is one of the most important early steps. Whether you're planning to form a partnership or launch a Limited Liability Partnership (LLP), understanding the process and costs involved in Firm Registration in Delhi will help set your business on the right path. Partnership Firm Registration: Simple and Affordable A partnership firm is ideal for small businesses with two or more individuals looking to operate jointly. It is one of the easiest and most cost-effective structures to start. Though registration is not legally required under the Indian Partnership Act, registering your firm provides added credibility, legal protection, and smoother access to bank loans and government benefits. The process involves drafting a Partnership Deed that outlines the partners’ roles, profit-sharing terms, and other conditions. Once notarized, the deed can be submitted to the Registrar of Firms. The Partnership...