Practicing Success
Practicing Success
CUET Preparation Today
| Registration of the partnership firm: |
Compulsory Mandatory Depends on the no of partners in a firm Optional |
| Optional |
| Registration of a partnership firm is not mandatory under law. The Partnership Act,1932 provides that if the partners so desire may register the firm with the Registrar of Firms of the state in which the firm’s main office is situated. A partnership firm may be registered at the time of formation or at any time thereafter. |
