A partnership firm can indeed open a hotel business, provided the partnership deed explicitly allows for hospitality services. The firm's name can be included in the deed or decided by the partners, but it must be unique to avoid trademark issues. In most cases, there's no need to form a separate LLP or company if the partnership deed covers this venture.
05 July 2024
A business man having a partnership firm can he open the name of the firm in hotel business ? Kindly give me the advice. Thanks & Regards.
05 July 2024
If the Partnership deed provides for hospitality service as its business, then the firm can start a hotel business. The name can be mentioned in the deed or it can be as decided by the partners. Further, the name should be unique so that it does not get into legal troubles for any trademark infringement.