Transformation of Sole Proprietor to Private Limited Company

Numerous businessmen start their organizations as a Sole Proprietorship because of the low consistence necessities. As the business and the livelihoods develop, there is a need to isolate the financial balances and the assessment filings of the Sole Proprietor and that of the business. To achieve this division a potential arrangement is to change over the Sole Proprietorship into a Private Limited Company.

To change over a Sole Proprietorship into a Private Limited Company, an understanding must be executed between the Proprietorship and the Private Limited Company (when it is consolidated) for the offer of the business. Further, such Private Limited Company so consolidated must have "the takeover of a Sole Proprietorship Concern" as one of the goals in its Memorandum of Association.

System For Conversion

  • Complete our Simple Form Online

    You are required to fill the subtleties in our basic survey and submit records.

  • Acquire DSC and DIN. from us

    Subsequent to presenting your records we will give you DSC and DPIN.

  • Check and Name Approval

    For additional systems, subtleties gave by you will be confirmed by our specialists

  • Report Submission

    We will make your reports and application and document them with ROC.

    20-25 WORKING DAYS
  • Your work is finished

    When your organization is joined, we will send all of you the records and DSCs.


What is Included In Our Package?

  • Racket for 2 Directors

  • Computerized Signature For 2 Directors

  • Name search and endorsement


  • Enrollment Fees

  • Organization PAN Card

  • Offers the flexibility of a partnership firm and the advantages of a Public Ltd Company.

Records Required For Conversion

  • Copy of PAN Card of the Directors
  • Identification size photo of Directors
  • Copy of Aadhaar Card/Voter personality card
  • Copy of Rent agreement(If leased property)
  • Power/Water charge (Business Place)
  • Copy of Property papers (If possessed property)
  • Landowner NOC (Format will be given)

Conditions for Conversion

  • All the advantages and the obligation of the Sole Proprietory concern identifying with the business preceding the progression become the benefits and the risk of the organization.
  • The shareholding of the sole owner in the private restricted organization isn't under half of the all out democratic force in the organization and his shareholding keeps on remaining so for a timeframe of 5 years from the date of the progression.
  • The sole owner doesn't get any advantage or thought, legitimately or in a roundabout way, in any structure or way, by some other means than method for apportioning of offers in the organization.

Least Requirements for Conversion

  • Least 2 Shareholders for Private Limited Company Registration
  • Least 2 Directors
  • Least Rs.1 Lac Share Capital
  • Offers the flexibility of a partnership firm and the advantages of a Public Ltd Company.
  • Easy to register, manage & run.
  • Noise for all Directors
  • Offers the flexibility of a partnership firm and the advantages of a Public Ltd Company.

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