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What are the advantages of a general partnership
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What are the advantages of a general partnership

User Sanchit Paurush
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25 votes

Answer:

1. A general partnership is easy to establish.

2. Creating a general partnership is simpler, cheaper, and requires less paperwork than forming a corporation.

3. A general partnership faces simplified taxes. General partnerships do not pay income tax. ...

4. The partnership is easy to dissolve.

User VinceFR
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