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Company ROC Compliances

Convert from Sole Proprietorship to Private Limited

People use to register Sole Proprietorship because it has almost no compliance as compared to the private limited company. After running Sole Proprietorship successfully for few years business owners wants to expand their business, manage their liabilities, attract investors, protect their assets by converting their company into the private limited company. In Sole Proprietorship the owner and the companies are one and the same. The owner is financially and legally responsible for all liability against the business.

In Private Limited Company the company members have limited liability. Sole Proprietorship has limited funding-raising options. These are few reasons to convert Sole Proprietorship to Private Limited Company. Now, the first step is to incorporate a new Private Limited Company. After the company gets incorporated Directors need to Pass a Special Resolution in the Annual General Meeting to take over the Sole Proprietorship. All business assets, contracts, service agreements, licenses, bank accounts will have to be transferred to the new form of Private Limited Company. Finally, Sole Proprietorship is terminated.

Frequently Asked Questions

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Why Envizi

Partnership firm registration

Envizi offers you the vast range of company registration services that you will need for establishing and running your business. We help our clients with high-quality services and have pleasure in building the long-lasting customer relationship with our clients. We always focus on satisfying our client’s demands.

We are different from our competitors because of our ownership attitude we help you for all your business registration needs by analyzing, judging and probing your future and present requirements and then offering you the best possible solutions, rather than just completing the current job. We believe a lead is never closed because we feel the client should be made to return again and again to us for every requirement of his due to the WOW feeling he experienced. Here we stand apart from others. We offer to give our clients a WOW feeling. Contact ENVIZI Business Solutions LLP and feel the ease of registration your company or trademark or any other services.

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