Partnership firm with foreign national

Akshat Madan (Articled Assistant) (40 Points)

07 October 2009  

Hello all,

i am planning to start a data processing firm with a friend of mine who happens to be a foreign national.

is there any change in the procedure of opening the firm or the provisions are the same, also does it matter if he basically resides in his country and rarely comes to india?

quick responses will be obliged

thanks,

Akshat