Hi,
Can someone guide me, with the procedure that needs to be followed to convert a proprietorship firm into a Pvt Ltd Company.
Aslo what are the eligibility clauses? Like if any fixed turnover, an amount to be paid for the transfer etc...
To give a brief this firm is into Recruitment and Consulting.
Awaiting advises..
Regards
From India, Pune
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Can someone guide me, with the procedure that needs to be followed to convert a proprietorship firm into a Pvt Ltd Company.
Aslo what are the eligibility clauses? Like if any fixed turnover, an amount to be paid for the transfer etc...
To give a brief this firm is into Recruitment and Consulting.
Awaiting advises..
Regards
From India, Pune
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Theoretically, it is simple to register a private limited company in India. One should approach the jurisdictional Registrar of Companies. Seek the proposed name availability. Prepare required documents (such as Memorandum & Articles of Association, Form 18, statutory declaration for compliances, certification, stamping etc) and apply for registration of the company with prescribed fee - based on your proposed authorised capital and applicable Forms filing fees with the said ROC. After scrutiny of the documents filed and ensuring compliances, the ROC office would issue a certificate of incorporation and your private limited company would stand registered. Fee for registration depends on the authorised capital of the proposed company and filing of required forms.
For practical approach to register a company, avail the services of a Practising Company Secretary who will charge you a fee, depending upon the quantity and quality of work you want.
From India, Indore
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188For practical approach to register a company, avail the services of a Practising Company Secretary who will charge you a fee, depending upon the quantity and quality of work you want.
From India, Indore
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Can someone guide me, with the procedure that needs to be followed to convert a proprietorship firm into a Pvt Ltd Company.
From Brunei Darussalam, Bandar Seri Begawan
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From Brunei Darussalam, Bandar Seri Begawan
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Can u mail me all document/form to be filled to convert a prop. company into a pvt. ltd comany ?
From Brunei Darussalam, Bandar Seri Begawan
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From Brunei Darussalam, Bandar Seri Begawan
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can i mail me the all forms to be filled to convert a prop. company into a pvt. ltd. company.
From Brunei Darussalam, Bandar Seri Begawan
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From Brunei Darussalam, Bandar Seri Begawan
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Dear Sir, We are a corporate consultancy company and can help you in converting a proprietorship concern into a private limited company. Please feel free to contact us.
From India, New Delhi
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From India, New Delhi
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Dear Avika, Kindly mail me the details of converting a proprietorship concern into a private limited company, Kindly share your contact details regards Gopikrishnan +91 9986074007
From India, Bangalore
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From India, Bangalore
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Dear member,
Turning a proprietorship firm into a private limited company is not so tough, actually. You can simply contact a good Chartered Accountant and discuss your business activities. Finalize the company name; if you wish to continue with the older name, that would be much better. Your TIN/VAT/C.S.T. certificate will be validated and will remain as legal evidence for your sales and purchase activities in the state/local sales tax, central sales tax, or excise department.
If the proprietor wants to remain as the only director in the new company, then it is okay. Otherwise, they may add some directors from the company/family by declaring their profiles, shares, percentage, etc. These things are all handled by the Chartered Accountant. Memorandum of Association (MOA) and Registrar of Companies (ROC) will be provided by the Chartered Accountant and issued by the government.
Stamps will be changed; instead of using the proprietor's stamp, you will be using directors' stamps on documents and bank accounts. Monthly Review Minutes (MRM) have to be decided for the company's agenda, etc.
Regards,
Manish Srivastava
From India, Lucknow
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Turning a proprietorship firm into a private limited company is not so tough, actually. You can simply contact a good Chartered Accountant and discuss your business activities. Finalize the company name; if you wish to continue with the older name, that would be much better. Your TIN/VAT/C.S.T. certificate will be validated and will remain as legal evidence for your sales and purchase activities in the state/local sales tax, central sales tax, or excise department.
If the proprietor wants to remain as the only director in the new company, then it is okay. Otherwise, they may add some directors from the company/family by declaring their profiles, shares, percentage, etc. These things are all handled by the Chartered Accountant. Memorandum of Association (MOA) and Registrar of Companies (ROC) will be provided by the Chartered Accountant and issued by the government.
Stamps will be changed; instead of using the proprietor's stamp, you will be using directors' stamps on documents and bank accounts. Monthly Review Minutes (MRM) have to be decided for the company's agenda, etc.
Regards,
Manish Srivastava
From India, Lucknow
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Dear Mr. Manish,
I wish to inform you that I know the process and am a Company Secretary by profession. It's not only a CA who can help you. In fact, a Company Secretary is more equipped with the knowledge and practice to do the incorporation of the Company and handle the compliance as per the Company law. I had actually offered to help in the process of incorporation of the Company.
It is a request to kindly read the post properly before posting such comments.
Thanks & Regards,
Avika
From India, New Delhi
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I wish to inform you that I know the process and am a Company Secretary by profession. It's not only a CA who can help you. In fact, a Company Secretary is more equipped with the knowledge and practice to do the incorporation of the Company and handle the compliance as per the Company law. I had actually offered to help in the process of incorporation of the Company.
It is a request to kindly read the post properly before posting such comments.
Thanks & Regards,
Avika
From India, New Delhi
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