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Business Registrations

Entity Conversions

Legal Matters & Consultation

Entity Conversions

1. PROPRIETORSHIP TO PRIVATE LIMITED

A proprietorship is a business owned and operated by a single individual. A proprietorship has no legal distinction between the business and the owner . Converting a proprietorship into a private limited company is a significant step for entrepreneurs seeking to expand their business.

Requirement for conversion

Documents Required

2. PARTNERSHIP TO LLP

The partnership is governed by the partnership Act 1932 which requires a minimum of two partners who agree to carry on the business or profession and share the profits and losses mutually. The shift from partnerships to Limited Liability Partnerships the reason behind is that LLP offer more flexibility, unlimited partners and the like. The LLP offers both the structure of the Partnership firm and the Company and have a hybrid Model.

Conditions for conversion

Procedure

3. PARTNERSHIP TO PRIVATE LIMITED

Benefits of conversion of Partnership firm into Company

In a partnership, partners are personally liable for the firm’s debts. Conversion to a private limited company limits this liability to the capital invested by the shareholders.

Requirement for conversion:

Procedure

4. PUBLIC TO PRIVATE COMPANY

A public limited company offers shares to the general public and has limited liability. Its stock can be acquired by anyone have better access to capital but at the same time it bears stringent compliance obligation on the contrary private company provide:

Requirements:

Procedure

5. PRIVATE LIMITED TO PUBLIC COMPANY

Procedure

6. PRIVATE LIMITED TO LLP

Procedure

7. LLP TO PRIVATE LIMITED COMPNAY

Requirements for conversion

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