1. What is minimum number of partner Required for Partnership Firm?
At least two partners are required for partnership firm registration. The maximum partners can be 200. If you are the sole owner, you can register as a One Person Company.
3. Can a Salaried person also become partner in Partnership Firm ?
Yes, you as a salaried person can become a partner in an partnership firm. You need to check your employment agreement if that allows for such provisions. In most, cases employers are comfortable with the fact that their employee is a director in another company.
2. How can become partner ?
Any individual/organisation can become the partner in partnership firm including foreigners/NRI’s. However, the individual must 18+ above in terms of age and should have a valid PAN card..
4. Can i Register the firm at my home address?
Yes, you can register your LLP at your residential address. It is perfectly legal to start the company at your home or in your garage. MCA team typically doesn’t visit your office. You just have to provide your home address proof such as rent agreement or electricity bill..