Our Three Step Simple Process

Step 1

Engagement & Consultation

Step 2

Information Collection & Documentation

Step 3

Preparation, Filling & Filing of Required Form(s)

Salient features of Private Limited Company

Since a Company has perpetual succession, the business continuity is maintained.

The Business finds it easier to raise funds from Investors

The PLC has to mandatorily gets its accounts audited

Cash Flow Statement is a mandatory part of the financial statements

The PLC has to file the financials and annual return with the MCA.

Purchase/Taking over of the Sole Proprietorship by a PLC

  • The Sole proprietary business has to be valued based on future earnings
  • Sale agreement between the Sole Proprietor and the ‘to be incorporated’ PLC has to be entered into.
  • On incorporation of the PLC, the Proprietor will be paid the value as per the Sale Agreemen
  • One of the Main Objects of the PLC has to be- taking over of the Sole proprietory business.

What all you get

Standard Package

Price on Request

all inclusive fees

  • Conversion of Sole Proprietorship to Private Limited Company
  • DIN for 2 Directors
  • Name Reservation
  • 15 Lakh Authorised Capital*
  • *Stamp Duty upto Rs.1000/- included. Additional duty to be charged at actuals
  • Drafting of MoA + AoA
  • Company PAN
  • Company TAN/TDS Number
  • EPFO Registration
  • ESIC Registration
  • GST Registration
  • Bank Account
  • Incorporation Certificate (Digital)
  • Commencement of Business Certificate (Digital)
Add to Cart
Premium Package

Price on Request

all inclusive fees

  • Conversion of Sole Proprietorship to Private Limited Company
  • DIN for 2 Directors
  • Name Reservation
  • 15 Lakh Authorised Capital*
  • *Stamp Duty upto Rs.1000/- included. Additional duty to be charged at actuals
  • Drafting of MoA + AoA
  • Company PAN
  • Company TAN/TDS Number
  • EPFO Registration
  • ESIC Registration
  • GST Registration
  • Bank Account
  • Incorporation Certificate (Digital)
  • Commencement of Business Certificate (Digital)
  • Printed Share Certificates (20 in nos)
  • Conversion of Sole Proprietorship to Private Limited Company
  • Minutes Book Papers (A4 Size, 20 in nos)
  • Minute Book Binder
  • Combined Register
  • Printed MoA & AoA (10 in nos.)
Add to Cart

Steps for Conversion of Sole Proprietorship to PLC

  • 1

    Step 1

    • Basic Consultancy on various Forms

    • Collection of necessary information and documents

  • 2

    Step 2

    • Valuation of Sole Proprietorship

    • Preparation of Sale Agreement

  • 3

    Step 3

    • Obtaining Name approval

    • Collating of all data and documents required for PLC

    • Uploading of E-Forms

  • 4

    Step 4

    • Confirmation Email from MCA website

    • Post Incorporation compliances