|
Anyone can choose a Private limited company to build a scalable business. It’s the most famous legal structure for business. There is limited liability for all the directors, in case of bankruptcy, banks/creditors can sell only company assets but not the personal assets of directors. Due to its openness to all market scenarios, Private limited structure is very famous for small, medium and Large businesses in India. This structure Is very flexible to external funding and investment. Stock option to employees is also possible through private limited structure. A Private limited company has more credibility as compared to other incorporation structures If you want to limit your responsibilities, planning to get external funds /investment and want to be more credible in the market, then Private Limited Company (Pvt. Ltd) might be the best option to go with. |
Step 1: Connect to Corpseed
Step 2: Provide necessary documents required for converting Partnership to Private Limited Company
Step 3: Our expert CS will help you to convert your Partnership to a Private limited company
1. Shields personal assets from business liability, limits liabilities of Directors
2. The Private Limited Company (Pvt. Ltd) continues to exist even after the death of a Shareholder
3. Open doors to raise capital from a venture capitalist, angel investor, financial institutions etc
4. Creates brand value as a Private Limited structure is more transparent compared to other business structures
5. Ownership gets transferred by just transferring shares
6. Private Limited Company is a unique identity and can own/acquire and alienate, property in its name. Property owned could be anything like Copyrights, Patents, Trademarks, Building, Intangible Assets, Land, Residential property, Factory etc
1. All the assets and the liability of the partnership becomes the assets and the liability of the newly formed private limited company
2. The partners receive consideration only by way of allotment of shares in the company and the partners share-holding in the company in aggregate is 50% or more of its total voting power and continue to be as such for 5 years from the date of conversion
Step 1: Contact Corpseed team, provide the necessary documents to initiate the conversion process.
Step 2: We will assign a dedicated and skilled resource to process your request for conversion.
Step 3: Apply for Your DSC & DPIN
Step 4: Apply for Company Name Reservation
Step 5: Draft Articles of Association and Memorandum of Association
Step 6: Apply for Company PAN
Step 7: Apply for Corporate Identification Number (CIN)
Step 8: Apply for Incorporation certification.
Step 9: Once your Private Limited is incorporated, we will send you all the documents and DSC’s.
Note: - Whole conversion process takes between 25-30 days and also depends upon documents provided by applicant and approval speed by the government
Each company in India has to follow a set of compliances as set by different other regulatory bodies. The ‘Company Annual Compliance’ regimes need companies to gather their business information and update the regulatory bodies such as Ministry of Corporate Affair (MCA), Income Tax Department other regulatory bodies.
Connect with the team corpseed to discuss specific requirements for your business at IVR: +91 7558 640 644 or hello@corpseed.com. It takes 20-25 minutes to discuss requirement.
Once you discuss the requirement, we will align a dedicated Account managers are here to help understand your business and provide best solutions and assist you with the entire process.
Use our platform to track progress of application and many more. Always know what is going on with your application, what is in progress, and what is done.
Once job is completed, you will receive documents directly to your email ID and at your doorstep along with 30 days payback guarantee incase not satisfied with the services.
FAQ`s As per industry standards, it’s up to 15 business days but being expert in the industry, we complete the process within 7 -10 business days, unless something serious strikes in between the process
Minimum of two designated Directors
A registration certificate issued by the registrar of the Company is valid till you are meeting applicable rules & compliances.
Download free legal guide on how to successfully start and manage business in India & achieve 100% compliance.
4.1 average based on 152 reviews.
.jpg)
I would like to thank for professionalism and efficiency. Your assistance and sound advice has allowed me to compute my tax bill in efficient and prompt manner.
What I liked most is the reporting method and the proper communication by CORPSEED team & delivery of services on time.
We are very pleased with the quality of service your company provides. We sincerely appreciate your work and the way you conduct business.
I have found CORPSEED to be quietly dedicated efficient, providing good value for services relating to company formation in Singapore!
"I just experienced possibly the very best customer service provided by CORPSEED as they provided point to point details of their services."
"I heard about CORPSEED through a friend and I came to know that they are providing service of AYUSH and they assisted me for product and I am very about it."
"Thanks for the prompt response to my request, I really appreciate it. Moreover, your service charges on company formation are reasonable enough for new start-up company like us."
"We are very pleased with the service and professionalism provided by CORPSEED. In addition to registration, accounting and tax services you have assisted us with advice to better operate our Us business."
"Really happy with the services provided by CORPSEED as they not only deliver the product on time but also suggest other innovative services which will give add on to your business."
Get helpful tips and info from our newsletter!
7558 640 644 | 9999 008 018