As with sole proprietorships,there are no legal requirements for the establishment and conduct of a partnership.

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A partnership is a legal entity that is created when two or more people agree to work together to achieve a common goal. There are no legal requirements for the establishment and conduct of a partnership, but there are some advantages to forming a partnership, such as the ability to share profits and losses, and the ability to make decisions jointly.

As with Sole Proprietorships,there Are No Legal Requirements for the Establishment