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
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
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
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
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
Avika
117

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
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
dear member.
Turning a proprietorship firm in to a private limited company isnot so tough actually.
You can simply contact any good c.a and discuss your business activities,
finalise the company name if willing to continue the older name then it would be much better,
your tin/vat/c.s.t certificate will be validate and will remain for your legal evidence as sale purchase activities in state /local sales tax,central sales tax or excise department ,
if properitor wants to remain as only one director in new company then it is ok otherwise he may add some directors also from company/family by declaring their profiles,shares ,percentage etc.
These al things are done by c.a. Only.
Moa and roc will be given by c.a issued by government.
Stamp will be changed ,as either of using properietor's stamp you will be using directors stamp on documents,bank accoiunts,
mrm( monthly review minutes have to be decided for companies agenda etc.
Regards
manish srivastava

From India, Lucknow
DEAR AVIKA.
YOU MAY CONTACT ANY GOOD CA TO TURN UP YOUR FIRM IN A PRIVATE LIMITED COMPANY,HE WILL GUIDE YOU AND IN CORPORATE YOUR FIRM IN COMPANIES ACT.
IT IS A SIMPLE PROCESS DEAR WITH MORE FORMALITIES AND DOCUMENTATION, YOU HAVE TO APPLY FOR YOUR COMPANIES PAN CARD ALSO...
RECENTLY I HAVE POSTED SAME STUFF IN DETAIL YOU CAN SEE THAT LINES ALSO.
REGARDS
MANISH SRIVASTAVA
ISO CONSULTANT
Correct Certification & H.R. Solutions
+91- 96707-66888

From India, Lucknow
Avika
117

Dear Mr. Manish,
I wish to inform you that I know the process and am a Company Secretary by profession. Its 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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