HOW TO REGISTER A SOLE PROPRIETORSHIP IN PAKISTAN?
Partnership firms are a business structure where two or more people come together to share
resources and skills for a common purpose, and to share in the profits and losses of the business.
The profit and loss sharing is based on the terms and conditions of partnership, which are set out in
a partnership agreement between the partners. Partnership is often seen as the most convenient
business structure, as it is registered after the partners have agreed on the detailed terms and
conditions of the venture. This means that any business disputes between partners can be dealt with
according to the partnership agreement.