Conversion Company From Sole Proprietorship To Private Limited
Step 1
You sign up for our Conversion, and our financial & legal experts engage with you in order to collect the necessary information and work on the same
Step 2
Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation such as the Board Resolutions
Step 3
Once the Resolutions are passed and all necessary documentation is compiled, our legal experts take care of the filing with the ROC
About Conversion Of Company
A proprietorship company is a type of business organization where there is no legal distinction between the owner of the business and the business. The owner is in direct control of all aspects related to the business, is accountable for its functioning and completely owns its profits or losses. Sign up for our Conversion from Proprietorship to a Private Limited Company Service today, so that you can shed the liabilities & compliances of a Proprietorship and emerge as a Private Company. With our team working for you, you can focus on the impending transition, and acquiring funding for the same.
- Altered memorandum and articles of association.
- Notice of Extra-Ordinary General Meeting (EGM) with the approval of Directors for the conversion of a One Person Company to a Private Limited Company.
- Special resolution for conversion of the company into a Private Limited Company.
- Form INC 6 – Application for the conversion of One Person Company to a Private Limited Company.
- Form MGT 14.
- Minutes of the Meeting where approval was given for conversion.
- In the event that the conversion is mandatory, form INC 5 may be required as well.
Step 1:
You sign up for our Convert a Sole Propeietorship Company to Private Limited Company service, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same
Step 2:
Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation such as the Board Resolutions
Step 3:
Once the Resolutions are passed and all necessary documentation is compiled, our legal experts take care of the filing with the ROC
Frequently Asked Questions
Can I Continue Running The Sole Proprietorship Post The Creation Of The Company?
You can only run the proprietorship for 3 months after the creation of the company.
Can The Licenses And Permits From A Sole Proprietorship Be Transferred To The New Private Limited Company?
No. All licenses and permits must be re-applied for by the Private Limited Company following the necessary procedures as set by the concerned authorities.
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