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Why choose a private limited company?

A sole proprietorship could easily be transformed into a private limited company in order to reduce liability and to separate the bank accounts and tax filing of an individual.

4 Reasons to convert your sole proprietorship into a private company

01
Unlimited fundraising options
02
Increased customer base = Increased financial credibility
03
Protect personal assets and limit liabilities
04
Free yourself from the limitations of a sole proprietorship

Converting your Proprietorship into a Privated Limited Company made easy!

Here’s everything you need to know:

You need the following to turn your business into a private company

  • Two directors
  • Authorised capital of ₹1 lakh
  • Registered office
  • Memorandum of association
  • Annual returns

ID and address proof

Registered office proof

E-Form spice 32

For voluntary winding up:

Step 1: Application for DSC (Digital Signature Certificate)

Step 2: Apply for the DIN (Director Identification Number)

Step 3: Application for the name availability

Step 4: Filing of the EMOA and EAOA to register a private limited company

Step 5: Apply for the PAN and TAN of the company

Step 6: Issued certificate of incorporation by ROC with PAN and TAN

Step 7: Opening a current bank account on the company name

Trusted by startups, small businesses,
and Fortune 1000 companies

Gouri Santhosh

Pullamkuzhi builders and developers private limited

Bizpole is a company with great expertise in the domain of company incorporation and compliance. The company has a team of people who are highly cooperative and helpful.

Ashwini

Samedreamz Pvt Ltd

Bizpole has very competitive pricing and great service. Had an effortless experience in registration and valuable customer support.

Aju K Rajan

Avizakta Enterprises

Thank you so much Bizpole Team for all the support and assistance in getting a trademark for my Cakeshop. I would recommend Bizpole to anyone without any doubt.

Kadavath Ahamed Reyas

Spice Producer Company

I had zero knowledge of procedures or the legal parts of LLP. Consulting Bizpole was one of the best decisions I took. From incorporation to IT filing operation, they helped me out with everything. I am thoroughly satisfied with their service.

Let our expert assist you right now

Get immediate answers by chatting with one of our incorporation agents

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