Tag Archives: #StrategicCollaboration

When is a partnership formed?

Partnership formation   A partnership is typically formation when two or more individuals or entities agree to join together to carry on a business or venture for profit. The formation of a partnership involves mutual consent and agreement among the partners. While the specific requirements may vary depending on the jurisdiction, some common elements involved… Read More »

How can I add a partner to a sole proprietorship?

Adding a partner to a sole proprietorship To include a partner in a Sole Proprietorship, the conversion of the Sole Proprietorship into a Partnership firm is necessary. Here are the steps involved in adding a partner to a Sole Proprietorship: Draft a Partnership Deed: Prepare a legally binding Partnership Deed that outlines crucial aspects of… Read More »