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Patnership with a foreign natiional

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(Querist)
06 August 2012 i am planning to start a data processing firm with a friend of mine who happens to be a foreign national
What are Basic formalities to be follow in this respect
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
07 August 2012 You need to open a private limited company preferably for the same.

FEMA doesn't allow partnerships with foreign nationals.

Anuj
femaquery@gmail.com
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shashikumar

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shashikumar (Expert)
07 August 2012 Dear friend,
I wouldlike know the partners details and other details so that I can breif you all the formalities and kindly clearly brief the details.
Regards,
Shashikumar
9538272023
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