CONVERSION FROM PARTNERSHIP/PROPRIETORSHIP / LLP TO COMPANY/LLP
@ Rs. 6,999 *
Often due to various business requirements a Proprietorship or Partnership or LLP needs to be converted to Private Limited company or LLP. We provide best of the advisory for the conversion as various points such as existing shareholding, value of share, Income Tax and proposed structure of establishment needs to be considered to protect interest of proprietor or partner.
Get Quote Instantly in a Minute
Benefits of Conversion to Private Limited Company or LLP
Greater trustworthiness in the market
Being a Private limited company is considered to be a trustworthy form of establishment by Corporates, Government Agencies and Vendors.
Protection due to Limited Liability
The Personal assets of the Directors, Shareholders are safe as the liability is Limited only upto the amount of shares held by them
Raising Funds - Preferred choice of setup by Investors
VCs, Private Equity Funds and Angel Investors prefer a Private Limited Company as the Management, Board and Promoters can function independently and can have better transparency.
Stability for Employees
The employees have a sense of stability while working in a Corporate Environment and this can be used to retain top talent through ESOPs and other measures.
Easy Transferability of shares
The shareholders can easily sell the stake and transfer the shares. The ownership can also be changed easily in order to maintain continuity of operations of the company.
Better governance
Better standards can be implemented as Board Members can oversee whether the company is adhering to the predefined governance standards.
Basic Requirements For Conversion To Private Limited Company Or LLP
Minimum 2 Shareholders/Partners
Minimum 2 Directors/Designated Partners, one of which shall be Indian Resident
2 Digital Signatures
2 Director Identification number (DIN)/(DPIN)
Minimum Authorised Capital Rs.1 Lakh
Existing Partnership Agreement
What Does CapitalCA Offers
Digital Signature for 2 Directors (Class II)
DIN for 2 Directors
Company Name Approval
Memorandum and Articles of Association
Stamp Duty*
Incorporation Certificate
Physical Share Certificate
Company PAN Card
Company TAN for TDS
PF + ESIC + Professional Tax Registration
GST Registration
Udyam Aadhar / MSME Registration
Bank Account Opening Support
Accounting and GST Software
Various Agreements
*Except for Punjab, Madhya Pradesh, Kerala
What People Say About Us
FAQs
Identity Proof, Address Proof, Photo. More details are here at enquiry box
Your home whether owned or rented can also be the Registered Address for the company. The address can be changed later when you move to actual office.
No, CapitalCA does everything digitally so that you can easily form the company sitting at home/office.
The name allotment depends on few things:
a. It should not be already taken
b. Name should not resemble an existing company/LLP name
c. The name should not contain undesirable, trademark words
These are the rules and byelaws based on which business of the company or meetings is decided.
Capital is the investment made by shareholders in the company. The amount has to be invested after the company is incorporated and bank account of the company is opened.