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Merger of two sole propriterships into one single pvt. ltd.

This query is : Resolved 
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(Querist)
20 January 2018 Hi Sirs,

I just want to know the process and possible pro and cons of Merger of two Sole proprietorships into one single Pvt. Ltd.Company keeping in view of GST/Income Tax/Others.

Anybody can help will be highly appreciated.

Thanks in Advance.
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CA Amrita Chattopadhyay

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CA Amrita Chattopadhyay (Expert)
23 January 2018 Merger between two companies is possible. In your case, the sole proprietors has to introduce their own share of capital in the business.
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