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PROPRIETORSHIP FIRM TO PRIVATE LIMITED COMPANY

Many start-ups register as a ‘Private Limited Company’ as it is the only entity to get Seed funding. It is thus the most popular legal entity in India.

OFFER PRICE

Rs 10055 /- Plus Tax

Timeline - 7 Working days

WHAT IS PRIVATE LIMITED COMPANY ?

A private limited company, or LTD, is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares. A Private Limited Company is a Company which is owned by at least two shareholders. Also, there is a requirement that at least two directors should be there to form a Private Limited Company.

DOCUMENTS

What are the Documents required for Conversion ?

  • Conact Us

INCLUSIONS  

WHATS INCLUDED IN THIS PACKAGE ?

  • Verification of Documents
  • Applying DPIN and DSC for the partners
  • File LLP Agreement
  • Incorporation Certificate will be delivered

PROCEDURES

What is the process for Converting Proprietorship to Private limited company?

DIN & DSC 

MOA, AOA & Affidavit 

Digital signature for atleast one director is required
If any director already possess DIN it can be used. Else, application for DIN can be made

Apply in Form 

Application Submitted

Company Registered

FAQ's

Any person above 18 years can become a director. Non-residents can also become director of Indian companies.

A private limited company must have a minimum of 2 directors while the maximum no. of directors can be upto 15.

ID proof and residence proof of all the proposed directors, PAN card is mandatory for Indian nationals. No objection certificate from the owner of registered office or lease agreement must be produced.

Every private limited company must hold a board meeting atleast once in every three months and an Annual general meeting (AGM) every year.

Company’s proposed name should be unique i.e., it should not be identical to any existing name. Names that infringe others’ rights, trademarks or patents are likely to be rejected by ROC.

Yes, Companies Act 2013 provides rules for converting a private limited company into a public limited company.

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OFFER PRICE

Rs 10055 /- Plus Tax

Timeline - 7 Working days

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