What is a basic partnership firm in UAE?
By definition, a general or a basic partnership firm is a business entity incorporated by executing a partnership deed, ie.
Sign an agreement between two or more partners to establish a business. A general partnership firm in Dubai can only be formed by the UAE
Citizens. The Partnership Deed explains the details jointly and / or severely for each of the partners.
Responsible for the liabilities of the company, its debts and legal action.
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