Proprietorship to Private Limited

What is Proprietorship to Private Limited

Convert your proprietorship business to private limited company. Complete conversion process.

What is Included:

• Business Valuation
• Company Incorporation
• Asset Transfer
• Liabilities Settlement
• GST Transfer

What's Included:

• Valuation
• Incorporation
• Asset Transfer
• Liabilities
• GST

Process for Proprietorship to Private Limited

Company Registration in India will boost the progress of startups and provide an additional edge over those who have not registered. The Ministry of Corporate Affairs governs the company registration process with rules and regulations framed in accordance with the law.

Documents Required For Proprietorship to Private Limited

1. Proprietorship PAN
2. Business registration docs
3. Financial statements
4. Asset list
5. Liability details
6. Directors PAN/Aadhaar
7. Transfer agreement
8. Valuation report

Benefits Of Proprietorship to Private Limited

1. Limited liability protection
2. Separate legal entity
3. Better fundraising options
4. Business continuity
5. Tax benefits
6. Professional image
7. Perpetual succession
8. Easy transferability

Checklist/Minimum requirement

1. Minimum 2 Shareholders
2. Minimum 2 Directors
3. The directors and shareholders can be the same person
4. One of the Directors must be Indian Resident
5. Minimum Authorized Share Capital 100,000 (INR One Lac)
6. DIN (Director Identification Number) for all Directors
7. DSC (Digital Signature Certificate) for 2 Promoters & 1 witness