A AND B ARE TWO FREINDS THEY WANTS TO CREAT PARTNERSHIP FIRM FOR DOING SHARE TRANSACTION BUSINESS , IS IT IS POSSIBLE?
IF YES, THEN WHAT IS THE PROCEDURE OF IT ?
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REGARDING CREATION OF PARTNERSHIP FIRM FOR DOING SHARE TRANSATION
Replies (1)
Summary
To start your share trading partnership:
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Draft a Deed: Include a specific clause for investment/trading.
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Get Legal/Tax IDs: Register the firm and obtain a firm PAN.
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Open Accounts: Open a current account for the firm and a corporate/partnership trading/Demat account with a broker.
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Consider Liability: Evaluate whether a standard Partnership or an LLP suits your risk appetite.
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