Proprietorship firm to Private Limited Company
What is Private Limited Company?
A Private Limited Company is a Company which is owned by at least two shareholders. Also, there is a requirement that at least two directors should be there to form a Private Limited Company.
Why convert proprietorship into LLP?
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What is the
Documents required
What is the Procedure for Private Limited Conversion?
What Includes in this package?
Frequently Asked Questions (FAQ)
Any person above 18 years can become a director. Non-residents can also become director of Indian companies.
ID proof and residence proof of all the proposed directors, PAN card is mandatory for Indian nationals. No objection certificate from the owner of registered office or lease agreement must be produced.
A private limited company must have a minimum of 2 directors while the maximum no. of directors can be upto 15.
Every private limited company must hold a board meeting atleast once in every three months and an Annual general meeting (AGM) every year.
Yes, Companies Act 2013 provides rules for converting a private limited company into a public limited company.
Company’s proposed name should be unique i.e., it should not be identical to any existing name. Names that infringe others’ rights, trademarks or patents are likely to be rejected by ROC.
Every private limited company must hold a board meeting atleast once in every three months and an Annual general meeting (AGM) every year.
