Convert your LLP to Private Limited Company with Ebizfiling.com. Prices Starting from INR 19,999/- only.
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A limited Liability Partnership means a business where minimum two members are required and there is no limit on the maximum number of members. The liability of the members of an LLP is limited.
A Private Limited Company is that type of company that offers Limited Liability or legal Protection to its shareholders. Private Limited Company in India lies somewhere in between a partnership firm and a widely owned public company. It can be registered with minimum two people. A person can be both a director and shareholder in a Private Limited Company.
The liability of the members in a Private Limited Company is limited to the amount of shares held by them. A private Limited company in India can start its business after getting the certificate of incorporation. It can be incorporated within 5-6 working days.
EbizFiling.com is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory and management consultancy services to clients in India and abroad. Incorporating a Private Limited Company is easy, seamless, cheapest and quickest with EbizFiling.com! Apart from a Private Limited Company, EbizFiling.com also helps entrepreneurs with Public Limited Company Registration, Partnership Registration, HUF, LLP Incorporation and One Person Company registration easily. You may get in touch with us for free advisory on all the services.
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A Private Limited Company holds a high reputation in the eyes of third parties as compared to LLP. Even though an LLP is a separate legal entity from its partners, its reputation is not as high as a Private Limited Company.
A Pvt Ltd Co. is a separate legal identity in the court of the law, meaning assets and liabilities of the business are not same as the assets and liabilities of the directors. Private Limited Company and its members are counted as different.
It means that if the Private Limited Company go though some financial distress because of business activity, the personal assets of the members of the companies will not be used to pay the debts of the Private limited Company.
A Private Limited Company in India is the only form of business except Public Limited Companies that can raise funds from the Venture Capitalists or Angel investors.
In private Limited Company, 100% Foreign Direct Investment is allowed that means any foreign entity or foreign person can directly invest in a Private Limited Company.
The particulars of the company are available on a public database. Which improves the credibility of the company as it makes it easy to authenticate the details
5 Easy Steps
Name approval
Preparation of documents for conversion
Submission of MOA & AOA
Get new Incorporation Certificate
Get Company’s PAN & TAN
Our Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up the checklist and submit along with the documents for processing. Our expert team will verify documents and proceed with the conversion of Limited Liability Prtnership to Private Limited Company formalities. Throughout the process, a dedicated Compliance Manager will keep you updated on the progress of the conversion to Pvt. Ltd. Co.
Once we verify the documents, we will proceed with the name application of the company. We will file an application with the Registrar of Companies (ROC) to obtain the name for the proposed company after conversion. Then we will file form URC – 2 to give advertisement about the conversion of LLP to any popular daily newspaper to be published in the English language and the vernacular language and Form URC -1 to be filed with ROC specifying all details of partners.
After obtaining the name approval and form URC 1, we will draft an Memorandum of Association and Articles Of Association for the company, and other relevant documents to be filled with ROC for the approval of conversion of Limited Liability Partnership in to Private Limited Company along with all the necessary attachments which specifies the fact of conversion. The Registrar of the Companies on being satisfied on compliance shall issue a Certificate of Incorporation.
A private limited company must have a minimum of two Directors and can have up to a maximum of fifteen Directors. But if you are a sole owner, you can incorporate One Person Company also.
It generally takes 8-10 working days to register Private Limited Company in India. The time taken for registration totally depends on submission of relevant documents by the client and speed of Government Approvals. To ensure quick and speedy registration, please choose a unique name for your Company and ensure you have all the required documents prior to starting the registration process.
The Ministry of Corporate Affairs (MCA) mandates that the Directors sign some of the application documents using their Digital Signature. Hence, a Digital Signature is required for all Directors of a proposed Company. Digital Signature application is to be filed to obtain DSC.
Yes, a Foreign National or an NRI can become a Director in a Private Limited Company in India after obtaining Director Identification Number (DIN). However it may be noted that at least one Director on the Board of Directors must be a Resident India.
Yes, Foreign or holding Companies can incorporate a wholly owned subsidiary in India, as a 100% owned Private Limited Company subject to Foreign Direct Investment (FDI) Guidelines.
Ebizfiling.com provides Private Limited Company Registration all across India. You can obtain Private Limited Company registration in Ahmedabad, Mumbai, Pune, Bangalore, Chennai, Delhi, Kolkata, Kanpur, Nagpur, Jaipur or any other cities easily with us.
Don’t worry!! Our expert will help you to choose best suitable plan for you. Get in touch with our team to get all your queries resolved. Write us on info@ebizfiling.com or call us @+91 9643 203 209.
Convert your LLP to Private Limited Company with Ebizfiling.com. Prices Starting from INR 19,999/- only.
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