Procedure for changing proprietory firm into pvt. ltd.
amruta Khopkar (accountant) (23 Points)
27 September 2020
procedure for changing proprietory firm into pvt. ltd.
1 Replies
Keyur Sukhwani
(10 Points)
Replied 29 September 2020
For converting proprietorship firm into Pvt Ltd Company first of all a Pvt company should be incorporated with minimum 2 director and 2 shareholder. The proprietor shall hold majority shares in such company. After that proprietorship firm that is to be converted shall enter into slump sale agreement with such newly formed company.
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For more details and any professional services related to Company registration, ROC Compliance and Secretarial services you may connect with us at Email: taxclinictc @ gmail.com
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