Can one person register two companies (one is a proprietorship firm, another is a partnership firm) in India?
Yes, one person can register both a proprietorship firm and a partnership firm in India. A proprietorship is a single-owner business with simpler registration, while a partnership involves two or more individuals sharing profits and responsibilities. Each firm has its own registration and compliance requirements, but there’s no restriction on owning both types of businesses. The individual just needs to fulfill the legal and tax obligations for each separately.