675+ Lawyers are online 
how may person can form proprietorship firm
01-May-2023 (In Corporate Law)
How many persons can join a proprietorship firm as partners keeping the firm in proprietorship 2. If this is not possible then if they can join as business associates, looking after separate divisions of the company individually and solely. 3. Can a individual be business associates of many companies at the same time.
1) Proprietor means one person and hence words sole proprietor is used. 2) if you want more than one person form a partnership firm, register it with registrar of Firms or in the alternative form limited liability partnership . 3) if you want to form a company register it under companies act where each director can handle a particular division of company.
Helpful?
198+
198+
Adv. Siddhant Sharma
Delhi | 200+ Answers
Chat
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Corporate lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
