Conversion of Partnership Firm into a Private Company


*The price is exclusive of any amount payable to Government/Regulatory Authorities and GST.

Services covered :
  • Name Reservation
  • Drafting MOA and AOA
  • Company Incorporation
  • DIN Application for all Partners
  • PAN and TAN Application
  • GST Registration
  • PT Registration for company incorporated in Maharashtra

Documents Required :
  • PAN Card Of Shareholders And Directors. Foreign Nationals Must Provide A Passport.
  • Identity Proof
  • Voter ID/ Passport/ Driving License Of Shareholders And Directors
  • Address Proof
  • Telephone Bill /Electricity Bill/ Latest Bank Account Statement Of Shareholders And Directors
  • Latest Passport Size Photograph Of Shareholders And Directors
  • Business Address Proof
  • Latest Electricity Bill/ Telephone Bill Of The Registered Office Address
  • Duly Certified Copy Of Latest Audited Financial Statements
  • A Copy Of Latest Income Tax Return Filed By The Partnership Firm.
  • Copy Of Partnership Deed To Be Provided

FAQ ()

Question : What are the Benefits of Converting a Partnership firm into a Private Limited Company?
Answer : 1. Limited liability
2. Separate legal entity
3. Perpetual succession
4. As there would be no restriction to shareholders, raising funds would be easier
5. More Diversification and expansion
Question : Is capital gain or stamp duty charged on conversion?
Answer : No Capital Gains tax or stamp duty shall be charged on transfer of property from Partnership firm to a Private Limited Company.
Question : What are the minimum requirements to convert partnership into private limited?
Answer : Following are the minimum requirements:
Appointment of minimum 2 directors, out of which one must be a resident of India.
Minimum requirement of 2 shareholders for this registration. Further, an individual may become shareholder and director at the same time.
A place of business in India must be provided as a regd. office address
Question : Can unregistered partnership firm be converted into company?
Answer : No, only a registered partnership firm can be converted into company under the companies act,2013.
Question : Do we have to add Private limited after the name of the company?
Answer : Yes, it is mandatory to add Private limited after the company name after its incorporation.
Question : Is Registration of company compulsory?
Answer : Yes, as without registration no company can be into existence, hence it is mandatory to be registered as a company.