Tag Archives: #EntrepreneurialPartnership

Can huf be partner in partnership firm?

HUF be Partner in Partnership Firm   A Hindu Undivided Family (HUF) is a unique entity under Indian law, often used for managing family-owned businesses and assets. Given its distinctive nature, a common question arises: Can a HUF be a partner in a partnership firm?   Understanding HUF: A HUF is a family unit made… Read More »

How can I add a partner to a sole proprietorship?

How Can I Add a Partner to a Sole Proprietorship? User Intent Many entrepreneurs start their businesses as sole proprietors but later realize the need for a partner to expand, share responsibilities, or bring in additional expertise. However, adding a partner to a sole proprietorship isn’t a straightforward process because a sole proprietorship is legally… Read More »