Professional tax is mandatory in your state! Avoid penalties. Apply Now
Other Conversions
Auditor resignation or removal refers to the process by which an auditor ceases to hold office as the auditor of a company. This can happen voluntarily, through the resignation of the auditor, or involuntarily, through removal by the company or regulatory authorities. You can choose My Dream Consultant as Top Auditor Resignation or Removal Consultant .
Request A Call Back
Market Price 5000/-
Special Offer
mydreamconsultant Fee - ₹ 3,499/- (Prof Fee) Save 30% ( ₹ 1,501/-)
Our Process
4 Steps For Get Our Services
How To Convert Proprietorship To Pvt. Ltd ?
Converting a proprietorship to a private limited company involves several steps. Here’s a general outline of the process:
- Decide on Company Structure: Determine if a private limited company is the right structure for your business. Consider factors like liability protection, tax implications, and scalability.
- Name Availability Check: Check the availability of your desired company name with the Registrar of Companies (RoC) in your jurisdiction. Make sure the name complies with the naming guidelines for companies.
- Drafting Articles of Association (AoA) and Memorandum of Association (MoA): Prepare the AoA and MoA for your private limited company. These documents outline the rules and regulations governing the company’s operations and define its objectives.
- Obtain Digital Signature Certificate (DSC): Obtain digital signatures for the proposed directors of the company. This is necessary for filing documents electronically with the RoC.
- Apply for Director Identification Number (DIN): If the proposed directors don’t have DINs already, they need to apply for them. DIN is a unique identification number assigned to directors of Indian companies.
- Drafting and Filing Forms with RoC: Prepare and file the necessary forms with the RoC. This includes Form SPICe (Simplified Proforma for Incorporating Company electronically), which consolidates various processes like name reservation, incorporation, and DIN allotment.
- Payment of Fees: Pay the prescribed fees for incorporation and other necessary filings with the RoC. Fees vary depending on factors like authorized capital and the state of incorporation.
- Obtain Certificate of Incorporation: Once the RoC approves the application and is satisfied with the submitted documents, they will issue a Certificate of Incorporation. This serves as proof of the company’s existence.
- Transfer of Assets and Liabilities: Transfer the assets and liabilities of the proprietorship to the newly formed private limited company. This may involve legal agreements and documentation.
- Update Business Registrations and Licenses: Update any business registrations, licenses, permits, and tax registrations with the new company details.
- Bank Account and Tax Registration: Open a new bank account in the name of the private limited company and register for tax purposes, including GST, if applicable.
- Notify Stakeholders: Inform customers, suppliers, creditors, and other stakeholders about the conversion from proprietorship to private limited company.
- Compliance Requirements: Ensure compliance with ongoing regulatory and statutory requirements applicable to private limited companies, such as annual filings, board meetings, and financial reporting.
How To Convert Partnership To Pvt. Ltd ?
Converting a partnership to a private limited company involves several steps similar to those for converting a proprietorship. Here’s a general outline of the process:
- Decision and Agreement: All partners must agree to convert the partnership into a private limited company. This decision should be documented through a partnership agreement or resolution.
- Name Availability Check: Check the availability of your desired company name with the Registrar of Companies (RoC) in your jurisdiction. Ensure the name complies with the naming guidelines for companies.
- Drafting Articles of Association (AoA) and Memorandum of Association (MoA): Prepare the AoA and MoA for your private limited company. These documents outline the rules and regulations governing the company’s operations and define its objectives.
- Obtain Digital Signature Certificate (DSC): Obtain digital signatures for the proposed directors of the company. This is necessary for filing documents electronically with the RoC.
- Apply for Director Identification Number (DIN): If the proposed directors don’t have DINs already, they need to apply for them. DIN is a unique identification number assigned to directors of Indian companies.
- Drafting and Filing Forms with RoC: Prepare and file the necessary forms with the RoC. This includes Form SPICe (Simplified Proforma for Incorporating Company electronically), which consolidates various processes like name reservation, incorporation, and DIN allotment.
- Payment of Fees: Pay the prescribed fees for incorporation and other necessary filings with the RoC. Fees vary depending on factors like authorized capital and the state of incorporation.
- Obtain Certificate of Incorporation: Once the RoC approves the application and is satisfied with the submitted documents, they will issue a Certificate of Incorporation. This serves as proof of the company’s existence.
- Transfer of Assets and Liabilities: Transfer the assets and liabilities of the partnership to the newly formed private limited company. This may involve legal agreements and documentation.
- Update Business Registrations and Licenses: Update any business registrations, licenses, permits, and tax registrations with the new company details.
- Bank Account and Tax Registration: Open a new bank account in the name of the private limited company and register for tax purposes, including GST, if applicable.
- Notify Stakeholders: Inform customers, suppliers, creditors, and other stakeholders about the conversion from partnership to private limited company.
- Compliance Requirements: Ensure compliance with ongoing regulatory and statutory requirements applicable to private limited companies, such as annual filings, board meetings, and financial reporting.
How To Convert Active To Dormant Company ?
Converting an active company to a dormant company involves several steps to comply with regulatory requirements. Here’s a general outline of the process:
- Board Resolution: Hold a board meeting and pass a resolution approving the conversion of the company from active to dormant status. The resolution should authorize the necessary actions for the conversion process.
- Review Financial Position: Assess the financial position of the company to ensure that it meets the criteria for becoming dormant. In many jurisdictions, a dormant company is one that has no significant accounting transactions.
- Notify Shareholders: Inform the shareholders of the decision to convert the company to dormant status. This may involve sending out notices and convening a general meeting if required by the company’s articles of association or local regulations.
- File Notice with Registrar of Companies (RoC): Prepare and file the necessary forms with the RoC to notify them of the company’s intention to become dormant. This typically involves submitting a prescribed form along with supporting documents and payment of any required fees.
- Update Statutory Registers: Update the company’s statutory registers and records to reflect its new dormant status. This includes maintaining records of the resolution passed to convert the company to dormant status.
- Compliance with Reporting Requirements: Ensure compliance with any ongoing reporting requirements for dormant companies, such as filing annual returns or other regulatory filings with the RoC.
- Notification to Tax Authorities: Notify the tax authorities of the company’s change in status to ensure compliance with tax regulations applicable to dormant companies. This may involve filing dormant company accounts or other required documentation.
- Maintain Registered Office: Ensure that the company maintains a registered office address where official communications can be received. Update the address with the RoC if necessary.
- Revival: If the company needs to resume operations in the future, it can apply to the RoC to change its status from dormant to active. This may involve filing additional forms and meeting any requirements set by the regulatory authorities.
How To Convert Dormant To Active Company ?
Converting a company from dormant to active status involves several steps, primarily aimed at resuming business activities and complying with regulatory requirements. Here’s a general outline of the process:
- Assessment of Dormant Status: Review the company’s dormant status and understand the reasons for its dormancy. Ensure that the company meets the criteria for reactivation according to the laws and regulations of the jurisdiction where it is registered.
- Board Resolution: Hold a board meeting to pass a resolution approving the reactivation of the company and initiating the necessary steps.
- Notification to Registrar of Companies (RoC): Inform the RoC about the intention to resume business activities and change the company’s status from dormant to active. This may involve filing specific forms prescribed by the RoC, depending on the jurisdiction.
- Filing Required Documents: Prepare and file the necessary documents with the RoC to update the company’s status. This typically includes a request for reactivation and any supporting documents as per regulatory requirements.
- Payment of Fees: Pay any applicable fees for updating the company’s status and filing the necessary documents with the RoC.
- Update Business Registrations and Licenses: Renew or update any business registrations, licenses, permits, and tax registrations that may have lapsed during the dormant period.
- Compliance Requirements: Ensure compliance with any statutory requirements that may have accrued during the dormant period. This may include filing annual returns, financial statements, and other regulatory filings.
- Resumption of Business Activities: Once the company’s status is updated to active, resume business operations and fulfill any contractual obligations that were put on hold during the dormant period.
- Reactivation of Bank Accounts: Reactivate or open new bank accounts in the name of the active company and update banking details as necessary.
- Notify Stakeholders: Inform customers, suppliers, creditors, and other stakeholders about the company’s reactivation and any changes in business operations.
- Regular Compliance: Ensure ongoing compliance with regulatory and statutory requirements applicable to active companies, including annual filings, board meetings, and financial reporting.
Pricing Plans
Basic Plan
$ 19.50
/Week
Lorem ipsum dolor sit amet.
- Financial Analysis and Reporting
- Budgeting and Forecasting
- Financial Education Programs
- Business Strategy Development
- Market Entry and Expansion
- Mergers and Acquisitions
Business Plan
$ 29.50
/Week
Lorem ipsum dolor sit amet.
- Financial Analysis and Reporting
- Budgeting and Forecasting
- Financial Education Programs
- Business Strategy Development
- Market Entry and Expansion
- Mergers and Acquisitions
Enterprise Plan
$ 39.50
/Week
Lorem ipsum dolor sit amet.
- Financial Analysis and Reporting
- Budgeting and Forecasting
- Financial Education Programs
- Business Strategy Development
- Market Entry and Expansion
- Mergers and Acquisitions
Why Choose Us ?
Recognized by Startup India
ISO Certified (9001:2015 )
25+ Branches at Pan India Level
Hassle Fre Process
Trained & Professional Experts
Technology Integration
Transparent Communication
Accuracy and Compliance
Popular Services
Testimonial
Real Reviews from Our Clients About Tangible Results
"Experience the difference with My Dream Consultant, hailed as the Best CA Firm in Jaipur. Whether you're starting a new venture or seeking ROC advisory, their expertise and personalized approach make them the ideal partner for success.".
"When it comes to company incorporation, My Dream Consultant stands out as the Best Company Incorporation Consultant in Jaipur. Their streamlined process and attention to detail make them the top choice for entrepreneurs."
"For top-notch ISO consultancy services, look no further than My Dream Consultant in Jaipur. Their expertise and attention to detail ensure seamless certification processes. Trust them to elevate your business standards."
"Experience peace of mind knowing you're in the hands of the Best CA Firm in Jaipur with My Dream Consultant. Their proactive strategies and efficient solutions make them the preferred choice for businesses and individuals alike."
We Collaborate with the top 200+ companies worldwide
Popular Services
Previous
Next
Kartavya Harwani