1. The parties reach a consensus and sign a written agreement on matters such as partnership;
2. There are two or more partners, and if the partners are natural persons, they shall have full capacity for civil conduct;
3. The name and specific production and business premises of the partnership enterprise;
4. Other conditions for establishing a company in partnership.
legal ground
Article 2 of the Partnership Enterprise Law of People's Republic of China (PRC)
The term "partnership enterprise" as mentioned in this Law refers to the general partnership enterprise and limited partnership enterprise established in China by natural persons, legal persons and other organizations in accordance with this Law.
A general partnership consists of general partners, who are jointly and severally liable for the debts of the partnership. Where this Law has special provisions on the liability form of general partners, such provisions shall prevail.
Limited partnership consists of general partner and limited partner. The general partner shall be jointly and severally liable for the debts of the partnership, and the limited partner shall be liable for the debts of the partnership to the extent of the capital contribution subscribed.
Article 14
The establishment of a partnership enterprise shall meet the following conditions:
(1) There are more than two partners. Partners who are natural persons shall have full capacity for civil conduct;
(2) Having a written partnership agreement;
(3) The amount of capital contribution subscribed or paid by the partners;
(4) Having the name of the partnership enterprise and the place of production and business operation;
(5) Other conditions stipulated by laws and administrative regulations.