Conversion of Partnership Firm/LLP/Society/Trust to Limited Company
₹14,999
Corporatization is the need of the hour. The entire world is gradually drifting towards one global market without any trade barriers between the countries. With the emergence of corporate work culture and promotional startup benefits, a great chunk of entrepreneurs are looking forward to corporatization.
Description
Conversion of Partnership Firm/LLP/Society/Trust to Limited Company
Several businesses started in India as Partnership Firm, Society, Trust or Limited Liability Partnership (LLP), may now wish to convert into a Limited Company for more growth in business or for infusing equity capital.
The Procedure of Conversion of a Partnership Firm/LLP/Society/Trust to Limited Company are:
- Approval from all the partners is required.
- Written consent of majority of members whether present in person or by proxy at a general meeting, agreeing for such registration.
- Name Availability and Approval
- Securing DSC and DIN for all the directors
For obtaining the DIN, an application must be filed on MCA portal in e-Form DIR-3. DIN application is processed & approved by central government via the office of regional director, the ministry of corporate affairs.
- Advertisement in newspaper is to be done in a local and a national newspaper.
- Memorandum of Association (MoA) & Articles of Association (AoA) is to be formulated and then filed with ROC after getting the name approval and sanction of Form URC-1 – from the registrar.
- Filing e-Form URC-1 and E MOA and E AOA
- Certificate from CA/CS/CWA certifying the compliance with all the provisions of Stamp Act, to the extent applicable.
- Obtaining Certificate of Incorporation, PAN and TAN of the incorporated company.
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