Proprietorship to Private Limited
Proprietorship to Private Limited Company
When a sole proprietor wants to scale, onboard partners, raise funds or build stronger credibility, shifting to a Private Limited Company becomes the natural next step. It offers limited liability, a separate legal identity and a structured framework that banks, vendors and investors trust. The transition needs proper valuation, transfer documentation and timely MCA filings so business continuity remains smooth.
What We Assist With
• Checking eligibility and advising the right conversion route
• Name application and drafting incorporation documents
• Preparing declarations, affidavits and asset-transfer papers
• Filing SPICe+ forms and completing MCA approvals
• Migrating GST, licenses, registrations and other IDs
• Setting up statutory registers, shareholding and director structure
• Post-conversion support for bank account updates and compliance
Why Businesses Choose Private Limited
• Limited liability protection for the owner
• Better credibility for tenders, banks and corporate clients
• Easy to add shareholders, raise equity or onboard co-founders
• Separate legal identity and stronger compliance framework
• Ideal for long-term expansion and investor readiness
Frequently Asked Questions
Yes. As long as the proprietor is an Indian citizen and all business assets and liabilities can be transferred to the new company.
Yes. A minimum of two shareholders and two directors is required. One person can be both shareholder and director.
Yes. A Private Limited Company is a new legal entity. The proprietorship’s business is transferred to the company through proper documentation.
It needs to be migrated or a fresh registration may be taken depending on state regulations.
Yes. The company receives a new PAN. The proprietor’s personal PAN cannot be used.