Sole Proprietorship to Private Limited Company

Sole Proprietorship to Private Limited Company

Most-preferred legal service provider for Sole Proprietorship to Private Limited Company in India. Get the legal support and guidance you need today!
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Most-preferred legal service provider for Sole Proprietorship to Private Limited Company in India. Get the legal support and guidance you need today!

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  • Affordable
  • Legal Due-Diligence
  • Fixed-fee
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  • 24x7 Support
  • No Extra Payments
  • Agreement Drafting
  • Government Registrations
  • Contract Review
  • All paperwork
  • DSC/DIN/DPIN/PAN/TAN

About Sole Proprietorship to Private Limited Company

A sole proprietorship is a kind of unregistered business entity that is owned, managed and controlled by a single person. Sole proprietorships are one of the most common forms of business in India, used by most micro and small businesses operating in the unorganised sectors. Proprietorships are very easy to start and have very minimal regulatory compliance requirement for started and operating.

However, after the startup phase, proprietorships do not offer the promoter a host of benefits such as limited liability proprietorship, corporate status, separate legal entity, independent existence, transferability, perpetual existence - which are desirable features for any business. Thus, proprietorship registration is suited only for unorganised, small businesses that will remain small and/or have a limited period of existence.

There is no specific mechanism for the registration of a Proprietorship provided by the Government of India. Hence, the existence of a proprietorship must be established through tax registrations and other business registrations that a business is required to have as per the rules and regulations. All the registrations for a proprietorship would be in the name of the Proprietor, making the Proprietor personally liable for all the liabilities of the Proprietorship.

Documents Required

  • Self Attested PAN Card copy
  • Self Attested copy of any one of the Identity Proof(Voter's ID/Passport/Driver's License)
  • Self Attested copy of Address Proof in the name of director (Any utility bill i.e., mobile bill/water bill/ electricity bill, or bank statement which should not be older than two months)
  • Passport-sized photograph
  • Rent Agreement (Notarised: For rented property)
  • Sale Deed/Property Deed in English (in case of owned property)
  • No-objection Certificate from property owner
  • Latest Electricity Bill / Mobile or Telephone Bill / Latest Bank Statement/Gas Bill
Sole Proprietorship to Private Limited Company

Sole Proprietorship to Private Limited Company Process

Obtaining DSC & DIN

Name Approval

Drafting MOA And AOA

Company Registration

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Sole Proprietorship to Private Limited Company

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