A Partnership Firm is a business structure where two or more individuals come together to operate a business and share profits. Governed by the Indian Partnership Act, 1932, it is based on a mutual agreement known as a Partnership Deed. A partnership firm registration is a popular choice among entrepreneurs due to its simplicity and flexibility. It allows multiple individuals to come together and combine their resources, skills, and expertise to run a business. Registering your partnership firm is the first step towards formalizing your partnership and ensuring its legal recognition.