Proprietorship to Private Limited Company
To convert a Sole Proprietorship into Private Limited Company, an agreement is required to be executed between parties for the sale of business. There is very easy process of conversion. There must a legal agreement between parties which specifies for the transferred for the assets to the Private Limited Company.
Why choose us?
No hidden cost
We will provide you all our services with predefine price. No extra cost will be charge. We provide you fast services with economical cost.
Promise of quality and commitment
We assure you to provide quality of service and commitment to our service. We take all your responsibilities related to government regulations and will fulfill all compliances and paperwork on your behalf.
Team of professionals and experienced legal advisors
We are providing you a good team of professionals such as CA, CS and various experienced legal advisors who will clarify all your doubts related to service and provide you all legal guidance.
We provide you 24*7 supports to handle your all queries and doubts.
Advantages of Private Limited Company
Limited Liability of directors
In case of Private limited company, there is limited liability of directors against debt and loss of company. There will not be personal liability of directors to the creditors of a company or against company’s debts. It is more favorable than General Partnership, where partners are personally liable for all the debt raised.
Easy to make Investment
As there is clear distinction between shareholders and directors and their limited liability, Private limited company can easily collect equity funding. Thus it is more favored by venture capitalist and private equity fund investors. There is no minimum requirement to capital investment.
Debt can be easily accessed.
There are lots of debts options available to private limited company as compared to LLPs. For raising debts bank loan, debentures and convertible debentures etc are available.