Sole Proprietorship into Private Company

As a company grows, the requests of business and the downsides of a control firm could necessitate a business person to begin the method for converting Sole Proprietorship into a private limited company. A private limited company offers significant advantages over the sole proprietorship type of business, including that of limited liability, the potential to draw equity capital, a constant presence, and so on.

Documents Required 

• The Articles of Association

• Memorandum of Association

• Declaration by the subscribers and by the directors.

• A confirmation for the address of the office

• Two Months Utility Bills copy

• Certificate of incorporation of the Outer Country body corporate

• A resolution passed by the global Company

• A recommendation declared by the promotional Company

• The interest of the directors in from other entities

• Nominee’s assent

• Identity proof and residential address of the subscribers and the nominees

• Identity proof and residential address of Applicant 1,2 and 3

• The Declaration/Resolution of the unregistered companies

• Declaration in Form ‘INC-14’ and Form ‘INC-15’