Proprietorship To Private Limited Company
Because of the low compliance requirements, many Indian entrepreneurs start their businesses as sole proprietorships. After a few years, the firm will take off, and the revenues will increase. A sole proprietorship firm will now be changed to a private limited company in order to minimise liability and separate the bank accounts and tax filing of an individual.
By converting a sole proprietorship to a private limited company, which becomes a separate legal entity, the risk of responsibility is reduced, and personal assets are protected unless in the event of fraud.
The private limited company will be controlled by the Companies Act of 2013, and the shares will be held privately rather than being made available to the general public. Similarly, under the Income Tax Act of 1961, the tax structure will be distinctive and distinct from that of a sole proprietorship, which treats income as individual income.
Register a Company in 5 Easy Steps
Fill out our simple form
You must complete and submit papers in addition to filling out our brief questionnaire.
We can provide you with DSC and DIN
We will supply you with your DSC and DPIN after you have submitted your paperwork.
Approval of the Name and Verification
Details supplied by you will be checked by our professionals for subsequent steps.
Submission of Documents
We will prepare and file your documentation and application with ROC.
Your task has been finished
We will email you all of the documentation and DSCs once your company has been formed.
Documents Required for Proprietorship To Private Limited Company
- A copy of the directors’ PAN card
- Photograph of the Directors at passport size
- Aadhaar Card/Voter Identity Card Copies
- Rent agreement copy (If rented property)
- Bills for electricity and water (Business Place)
- A copy of the title papers (If owned property)
- NOC from the landlord (Format will be provided)
Advantages
- Explore a variety of fundraising alternatives to help you earn more money and fulfil your expansion goals.
- Attract more consumers, raise more capital, and get financial credit quickly.
- Limit your liabilities in the event of a disaster and safeguard your personal assets.
- Break free from the constraints of a solitary proprietorship.
OUR PRICING PLANS
Standard
₹ 14,999
- complete company incorporation
- Certificate of incorporation (COI)
- Permanent account number (PAN)
- tax deduction account number (TAN)
- director identification number (DIN)
- digital signature certificate (DSC)
- memorandum of association (MOA)
Gold
₹ 16,999
- complete company incorporation
- Certificate of incorporation (COI)
- Permanent account number (PAN)
- tax deduction account number (TAN)
- director identification number (DIN)
- digital signature certificate (DSC)
- memorandum of association (MOA)
- articles of association (AOA)
- Bank account opening
- GST registration
- MSME / UDYAM registration
Platinum
₹ 19,999
- complete company incorporation
- Certificate of incorporation (COI)
- Permanent account number (PAN)
- tax deduction account number (TAN)
- director identification number (DIN)
- digital signature certificate (DSC)
- memorandum of association (MOA)
- articles of association (AOA)
- Bank account opening
- GST registration
- MSME / UDYAM registration
- Share certificate issue
- company commencement form filling