Ideas For Startup
As the proprietorship has almost no definition, besides that given to it by one of the many licenses you can take to get one (SSI or GST registration, for example), transferring the business to a private limited company is easy. All you need to do is go ahead and start a private limited company and submit an agreement between the sole proprietor and the private limited company, declaring that all the assets are to be transferred to the latter.
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Highlights

Low set-up cost

There is absolutely no other payment. We will send you an invoice that is all-inclusive, with no hidden charges.

Compliances

The main advantage is that in an LLP, there are fewer formalities after the business has been incorporated.

Tax Advantages

The term 'tax benefit' generally refers to any tax law that provides you with an opportunity to reduce your tax bill when you satisfy certain eligibility requirements.

Limited Liability

Businesses often need to borrow money. In a General Partnership, partners are personally liable for all this debt.

Investment

Private limited companies easily accommodate equity funding as there is a clear distinction between shareholders and directors as well as limited liability.

Reduced Compliance

An LLP only requires audited annual returns to be filed if it has a turnover of greater than Rs. 40 lakh or capital contribution of over Rs. 25 lakh.

Our Process

From your Procedure

Step 1

Upload the Required Documents & Information to our web portal

Step 2

Choose Package and Pay online with different payments modes available

Step 3

On placing an order, your application will be assigned to one of our dedicated professionals.

Step 4

Our professional team will prepare computation for Partnership to LLP.

Step 5

We will create your documents and application and file them with ROC on your behalf.

Step 6

Once your company is incorporated, we shall send you all the documents and DSCs.

BEFORE SCALABLE

Documents Required

Minimum Required Documents
 

Identity Proof

Aadhaar Card, PAN Card of Directors

Address Proof

Electricity/ Water bill, Rent agreement, NOC

Required Documents

Minimum 2 Partners. At least 1 of the designated partners shall be an Indian Resident.

Fill the form to proceed further