Sole Proprietorship to Private Limited Company

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Starting From Rs.6899

All inclusive price

Company registration with 2 DSC, 2 DIN, MOA , AOA, all related government fee & stamp duty*, PAN, TAN, ESI & PF registration, bank account opening, Commencement of Business and LEDGERS accounting software. Inclusive of all government fees and taxes.

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    PROPRIETORSHIP TO PRIVATE LIMITED COMPANY

    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, VAT or Service Tax 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.

    ADVANTAGES OF PRIVATE LIMITED COMPANY

    Limits Members’ Liability
    Businesses often need to borrow money. In structures such as General Partnership, partners are personally liable for all the debt raised. So if it cannot be repaid by the business, the partners would have to sell their personal possessions to do so. In a private limited company, only the amount invested in starting the business would be lost; the directors’ personal property would be safe.

    Investment-ready
    Private limited companies easily accommodate equity funding as there is a clear distinction between shareholders and directors as well as limited liability. In fact, venture capitalists and private equity funds are unlikely to invest in any other structure. This is because LLPs would require them to become partners in the business, while an OPC can have only one shareholder.

    Better Debt-taking Capacity
    A private limited company has more options for taking on debt than LLPs. Not only are bank loans easy to obtain (relative to OPCs and LLPs), the option of issuing debentures and convertible debentures are always available to it.

    WHY VAKEELJI

    20 WORKING DAYS
    Just tell us a little bit about your business and you’ll have the incorporation certificate in 20 working days. Just this month we’ll be handling 400 other such requests.

    9.1 CUSTOMER SCORE
    We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.

    160 STRONG TEAM
    Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we’ll try to ensure that your doubts are cleared before they even arise.

    A Step-by-Step Guide to Company Registration Process

    We can incorporate a company in less than ten days, subject to government processing times and availability of all documents.

    Step 1: Dedicated incorporation expert assigned for the engagement
    Step 2: Collection of information and documents for company registration from client
    Step 3: Application submitted for digital signatures to eMudhra
    Step 4: Name approval request submitted to MCA
    Step 5: Incorporation documents drafted based on the MCA approved name
    Step 6: Signing of incorporation documents by all Directors & Shareholders
    Step 7: Submission of incorporation documents to MCA for approval
    Step 8: Company incorporated with incorporation certificate & PAN
    Step 9: Other process or services begin as per customer requirement

    Documents required for Company Registration

    To register a company, various documents are to be submitted to the MCA as follows:

    PAN Card: PAN Card copy of the proposed Directors of the Company will be required for Company Registration.

    Address Proof: The address proof submitted must have the name of the Director as mentioned in the PAN Card and the most current address of the Director.

    Residential Proof: The residential proof must also contain the name of the Director as mentioned in the PAN Card and must not be older than two months.

    Registered Office Proof: In addition to providing identity, address and residential address for the Directors, proof must be provided to validate the registered office address of the Company.

    1. The registered document of the title of the premises of the registered office in the name of the company; OR
    2. The notarized copy of lease / rent agreement in the name of the company along with a copy of rent paid receipt not older than one month;

    In addition to the above, the following must also be provided as proof of registered office:

    1. The authorization from the Landlord (Name mentioned in the Electricity Bill or Gas Bill or Water Bill or Property Tax Receipt or Sale Deed) to use the premises by the company as its registered office. This is usually referred to as NOC from Landlord; AND
    2. Proof of evidence of any utility service like telephone, gas, electricity, etc. depicting the address of the premises in the name of the owner or document, which is not older than two months.

    Reasons to Register a Company in India

    Entrepreneurs choose to register a company due to various reasons. Two of the main reasons is that a company is a distinct legal entity having perpetual succession. Hence, a company is not affected by the death, insanity, or insolvency of an individual member. The following are some of the top reasons to register a private limited company in India.

    Separate Legal Entity

    As per Law, a company is an artificial judicial person established under the Companies Act. A company is a separate legal entity from its Directors and Shareholders. Hence, a company enjoys a wider legal capacity, to own property and incur debts – while the individual company members owe no liability towards the company’s creditors for debts.

    Separate Legal Entity

    As per Law, a company is an artificial judicial person established under the Companies Act. A company is a separate legal entity from its Directors and Shareholders. Hence, a company enjoys a wider legal capacity, to own property and incur debts – while the individual company members owe no liability towards the company’s creditors for debts.

    Separate Legal Entity

    As per Law, a company is an artificial judicial person established under the Companies Act. A company is a separate legal entity from its Directors and Shareholders. Hence, a company enjoys a wider legal capacity, to own property and incur debts – while the individual company members owe no liability towards the company’s creditors for debts.

    Separate Legal Entity

    As per Law, a company is an artificial judicial person established under the Companies Act. A company is a separate legal entity from its Directors and Shareholders. Hence, a company enjoys a wider legal capacity, to own property and incur debts – while the individual company members owe no liability towards the company’s creditors for debts.

    Separate Legal Entity

    As per Law, a company is an artificial judicial person established under the Companies Act. A company is a separate legal entity from its Directors and Shareholders. Hence, a company enjoys a wider legal capacity, to own property and incur debts – while the individual company members owe no liability towards the company’s creditors for debts.

    Separate Legal Entity

    As per Law, a company is an artificial judicial person established under the Companies Act. A company is a separate legal entity from its Directors and Shareholders. Hence, a company enjoys a wider legal capacity, to own property and incur debts – while the individual company members owe no liability towards the company’s creditors for debts.

    What is the Price I Need to Pay for Registering a Company?

    The Cost of Incorporation / Registration a Company would vary from INR 6899/- to INR 29899/- depending upon the plan you choose.

    Pay as you go grow pricing

    All Inclusive Pricing - No Hidden Fee

    Basic

    6899 all inclusive fees

    2 Digital Signature - 2 Year Validity 1
    2 Director Identification Numbers
    Name Approval 2
    Authorised Capital Fee 3
    Incorporation Fee
    Stamp Duty 4
    PAN & TAN
    LEDGERS Billing Software 5
    Bank Account Opening
    Commencement of Business

    Basic

    6899 all inclusive fees

    2 Digital Signature - 2 Year Validity 1
    2 Director Identification Numbers
    Name Approval 2
    Authorised Capital Fee 3
    Incorporation Fee
    Stamp Duty 4
    PAN & TAN
    LEDGERS Billing Software 5
    Bank Account Opening
    Commencement of Business

    Basic

    6899 all inclusive fees

    2 Digital Signature - 2 Year Validity 1
    2 Director Identification Numbers
    Name Approval 2
    Authorised Capital Fee 3
    Incorporation Fee
    Stamp Duty 4
    PAN & TAN
    LEDGERS Billing Software 5
    Bank Account Opening
    Commencement of Business

    1. Digital signatures from eMudhra with 2 year validity along with ePass 2003 token.
    2. Upto 4 name options can be given in 1 RUN name approval request.
    3. Authorised capital is the amount of shares a company can issue at anytime and can be increased further in the future. Paid-up capital is the amount invested by shareholder and can be even Rs.2.
    4. In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7500 will be applicable. In case of incorporation in Punjab, an additional stamp duty of Rs.10, 000 will be applicable.
    5. In case of Kerala, an additional stamp duty of Rs.3000 will be applicable.
      Premium LEDGERS Accounting Software with GST Portal Integration and eWay Bill Software.
      Statutory Auditor fee is payable on actuals directly to the Independent Auditor appointed by the Board of Directors. IndiaFilings will only be responsible for accounting, preparation of financial statements and filing of returns on behalf of the Company.
      Additional Directors can be added for an additional price of Rs.999 – if DSC & DIN is available. In case no DIN or DSC is available, cost for adding additional Director will be Rs.1999, inclusive of GST.
    6. Additional authorised capital can be purchased if requried at time of incorporation.
    7. Incorporations from Maharashtra state will also receive complimentary Professional Tax Registration.

    Frequently Asked Questions

    Authorised capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders. Authorised capital can be increased any time after incorporation to issue additional shares to the shareholders.
    Authorised capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders. Authorised capital can be increased any time after incorporation to issue additional shares to the shareholders.
    Authorised capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders. Authorised capital can be increased any time after incorporation to issue additional shares to the shareholders.
    Authorised capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders. Authorised capital can be increased any time after incorporation to issue additional shares to the shareholders.
    Authorised capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders. Authorised capital can be increased any time after incorporation to issue additional shares to the shareholders.
    Authorised capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders. Authorised capital can be increased any time after incorporation to issue additional shares to the shareholders.
    Authorised capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders. Authorised capital can be increased any time after incorporation to issue additional shares to the shareholders.
    Authorised capital is the maximum value of equity shares that can be issued by a company. On the other hand, paid up capital is the amount of shares issued by the company to shareholders. Authorised capital can be increased any time after incorporation to issue additional shares to the shareholders.
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