I am practicing under my Proprietorship firm. Now i m thinking of partnership with one existing proprietorship Firm. The firm name will be that of other Partner's as he is having more standing. Kindly suggest, whether i should merge my firm with his firm or close my firm & enter into fresh partnership ?
19 December 2014
depends on many factors like how much share u have in it? how much capital contribution?how much authority u have in policy making and taking firm related decision etc
CAclubindia
