Income Tax
We will provide income tax return preparation, Revised return, Responding to Department notices and solving other Income Tax related issues.
Proprietorship firm into Private Limited Company
Many start-ups register as a ‘Private Limited Company’ as it is the only entity to get Seed funding. It is thus the most popular legal entity in India.
Proprietorship firm to Private Limited Company
What is Private Limited Company?
A private limited company, or LTD, is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares.
A Private Limited Company is a Company which is owned by at least two shareholders. Also, there is a requirement that at least two directors should be there to form a Private Limited Company.
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Proprietorship firm to Private Limited Company
Why convert proprietorship into Pvt Ltd?
Reasons
By converting a partnership firm into LLP, partners will be able to enjoy the benefits which LLP offers such as limited liability, separate identity for the entity, unlimited partners etc. LLP is Ideal for – Entrepreneurs who want a Separate Legal Entity with Limited Liability and Perpetual Succession. Entrepreneurs who DO NOT wish to raise Venture Capital, Seed or Angel Funding.
Proprietorship firm into LLP
We Serve Everywhere
thewealthbridge.in is web portal of Esways IT Solution Private Limited with operations since 2007. thewealthbridge.in is one stop business setup and consulting company, managed by specialized team of Business Analysts,Company Secretaries, Chartered Accountants, Corporate Lawyers and Financial Professionals company headquartered in Chennai, India. Having known for our quality of services, delivering the projects on time, we have clients spread across the globe
Business Licenses
Our Professionals Will help you in getting your business licenses and Business licenses necessary for smooth running of businesses
Financial Services
we will Provide Funds for both personal and Business. Our funding system gives a credit line facility, enabling you to expand your business to new heights
GST Returns
We will make your business to GST Compliance. Returns are required to be filed digitally online through a common portal to be provided by GSTN
Proprietorship firm into LLP
Procedures & Procedures included
01.
What is the Procedure for LLP Conversion?
- A new private limited company has to be incorporated which will take over the sole proprietorship concern such as DIN & DSC,(MOA,AOA) & Affidavit,Apply in Form,Company Registered
- Digital signature for atleast one director is required
- If any director already possess DIN it can be used. Else, application for DIN can be made
02.
What Includes in this package?
- Verification of Documents
- Applying DPIN and DSC for the partners
- File LLP Agreement
- Incorporation Certificate will be delivered
Proprietorship firm into LLP
FAQ
Any person above 18 years can become a director. Non-residents can also become director of Indian companies.
ID proof and residence proof of all the proposed directors, PAN card is mandatory for Indian nationals. No objection certificate from the owner of registered office or lease agreement must be produced.
A private limited company must have a minimum of 2 directors while the maximum no. of directors can be upto 15.
Every private limited company must hold a board meeting atleast once in every three months and an Annual general meeting (AGM) every year.
Yes, Companies Act 2013 provides rules for converting a private limited company into a public limited company.
Company’s proposed name should be unique i.e., it should not be identical to any existing name. Names that infringe others’ rights, trademarks or patents are likely to be rejected by ROC.
About Wealth Bridge
We Help You To Form Your Company In A Simple Way Wealth Bridge Will Making More Possibilities which aims at providing much-needed funds to businesses across the trading and service industry
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Head Office
2nd Floor, #23, 8th East Main Road
Gandhinagar, Katpadi, Vellore
(+91) 416 2241199
(+91) 86677 53901
Branches
ARAKKONAM OFFICE
# 10/1, Thiruthani High Road ,
Upstairs to Central Bank ,Jothi Nagar,
Arakkonam , TamilNadu - 631003
Phone:+91 6381184522 , +91 8012747723.
RANIPET OFFICE
No 126, MBT Road, Mahaveer Complex,
First Floor, Muthukadai,
(NearDarling bakery) Ranipet - 632401
Phone : +91 417 2295006 +91 86675 42148