Hi,
If we want to transfer a sole propreitorship to pvt ltd company then do we need to obtain fresh license like trade license, fire license etc. can't we use the same license in new company?
2 Replies
upasana gupta
(Finance Professional)
(3931 Points)
Replied 21 June 2017
If any sole propreitorship want to convert into pvt ltd company then you have to obtain fresh license as most of the license are not transferable.Therefore you have to re-apply to the government authorities for the registration.
jatin pandya
(lawyer)
(23 Points)
Replied 21 June 2017
which licenses are transferrable in such case?
Recent Topics
- GST on religious and charitable institutions
- File an Amended Income Tax Return to Exclude Polit
- FIFT TO HUF - SEC 64 AND SEC 54 RELATED
- Selling my 12+ years old Private Limited Company
- 5 YEAR OLD DELHI ROC COMPANY
- GST Order to pay penalty without proof of wrongdoi
- TDS Applicability on Rent to KINFRA
- Profit and Loss Statement Analysis: Gross Profit,
- PAYMENT OF RCM under gst
- Tally Entry On Accounting Payables
Related Threads
CAclubindia
