Limit your liabilities and scale your business by upgrading your legal structure.
Most of the business in starting phase preferred to register as a Proprietorship firm because of its lower compliance requirements. With the growth of the business, it is advisable to take action to limit the liabilities and reduce the burden of compliance on a single person, for the same the best option is to convert the proprietorship firm to a Private Limited Company.
For converting a proprietorship firm to Private Limited Company, promoters of the company must have enter to an agreement which is to be made for selling the business. The conversion from proprietorship to Private Limited Company must have clearly mentioned in the Memorandum of Association as ‘Takeover of a proprietorship firm’.
Fast & Secure Process
Private Limited Company registration makes this structure credible among others which make fundraising or borrowing from external sources easier (Private equity, ESOP, etc).
The company separates itself from its owners and managers. It can operate on its own name, own assets, and sue third parties in case of any defaults.
The company’s obligations do not create a charge over the owner’s personal assets. Liability stays limited only to the capital subscribed.
Separate ownership and management help both focus on their potential works. Shareholders assign responsibility without losing control.
PAN Card of shareholders and Directors
Foreign nationals must provide a valid passport.
Aadhaar/Voter ID/Driving License of Directors
Latest Utility Bill/Bank Statement of Directors
Passport size photo of Shareholders and Directors
Latest Utility Bill of registered office address
No Objection Certificate from owner of office
Rent Agreement of registered office (if any)
Notarized documents for NRI/Foreign Nationals
Identification plays an important role in making a business outstand in competitive market. Consumers should identify activity of your business from the brand name. Make sure the brand name is short, easy to remember and simple to pronounce.
Name of the company must end with "Private Limited" (Pvt.Ltd) as a suffix.
Select package, fill form in 10 mins & make payment.
Consultation, DSC Procurement, Name Application & Drafting.
Certificate of Incorporation, PAN & TAN Application.
