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Conversion Company to Company

Converting a Private Limited Company to a Public Limited Company involves several steps and legal procedures Here’s a detailed guide on how to do it

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How To Convert Pvt. Ltd To Public Ltd ?

Converting a Private Limited Company to a Public Limited Company involves several steps and legal procedures. Here’s a detailed guide on how to do it:

  1. Check Articles of Association and Memorandum of Association: Review the company’s Articles of Association and Memorandum of Association to determine if there are any provisions related to conversion to a Public Limited Company. If not, proceed with the conversion process.
  2. Conduct Board Meeting: Hold a board meeting of the private limited company to approve the conversion to a Public Limited Company. Pass a resolution authorizing the conversion and approving any necessary changes to the Articles of Association and Memorandum of Association.
  3. Obtain No Objection Certificate (NOC): Obtain a No Objection Certificate from all existing shareholders and creditors of the private limited company. This certificate indicates their agreement to the conversion to a Public Limited Company.
  4. File Application for Conversion: Prepare and file the necessary conversion documents with the Registrar of Companies or other appropriate government authority responsible for business registrations in your jurisdiction. This typically involves submitting forms prescribed for conversion, along with the amended Articles of Association and Memorandum of Association and other required documents. Pay the prescribed fees for conversion.
  5. Obtain Approval and Certificate: Once the conversion documents are submitted, await approval from the Registrar of Companies. If the documents are in order and comply with legal requirements, the Registrar will issue a Certificate of Incorporation for the Public Limited Company.
  6. Update Registrations and Records: Update all relevant registrations, licenses, permits, tax filings, and other official documents to reflect the new status of the business as a Public Limited Company. This includes updating information with government agencies, financial institutions, suppliers, customers, and other stakeholders.
  7. Notify Stakeholders: Notify stakeholders, including employees, customers, suppliers, and business partners, about the conversion to a Public Limited Company. Communicate any changes that may affect them, such as new contact information or revised contractual arrangements.
  8. Compliance and Ongoing Obligations: Ensure ongoing compliance with Public Limited Company regulations, including filing annual returns, maintaining statutory records, holding meetings as required, and fulfilling other legal obligations. Stay informed about any changes in regulations that may affect Public Limited Company operations.

It’s advisable to seek guidance from legal and financial professionals with experience in business conversions to ensure a smooth and legally compliant transition from a Private Limited Company to a Public Limited Company.

How To Convert Pvt. Ltd To OPC ?

Converting a Private Limited Company (Pvt. Ltd) to a One Person Company (OPC) involves several steps and legal procedures. Here’s a detailed guide on how to do it:

  1. Check Company’s Eligibility: Ensure that the Private Limited Company meets the eligibility criteria for conversion to an OPC. In most jurisdictions, only certain types of companies are allowed to convert, and there may be restrictions based on factors such as paid-up capital, turnover, and the number of shareholders.
  2. Conduct Board Meeting: Hold a board meeting of the Private Limited Company to approve the conversion to an OPC. Pass a resolution authorizing the conversion and approving any necessary changes to the Memorandum and Articles of Association.
  3. Obtain No Objection Certificate (NOC): Obtain a No Objection Certificate from all existing shareholders, creditors, and other stakeholders of the Private Limited Company. This certificate indicates their agreement to the conversion to an OPC.
  4. File Application for Conversion: Prepare and file the necessary conversion documents with the Registrar of Companies or other appropriate government authority responsible for business registrations in your jurisdiction. This typically involves submitting forms prescribed for conversion, along with the amended Memorandum and Articles of Association and other required documents. Pay the prescribed fees for conversion.
  5. Obtain Approval and Certificate: Once the conversion documents are submitted, await approval from the Registrar of Companies. If the documents are in order and comply with legal requirements, the Registrar will issue a Certificate of Incorporation for the OPC.
  6. Update Registrations and Records: Update all relevant registrations, licenses, permits, tax filings, and other official documents to reflect the new status of the business as an OPC. This includes updating information with government agencies, financial institutions, suppliers, customers, and other stakeholders.
  7. Notify Stakeholders: Notify stakeholders, including employees, customers, suppliers, and business partners, about the conversion to an OPC. Communicate any changes that may affect them, such as new contact information or revised contractual arrangements.
  8. Compliance and Ongoing Obligations: Ensure ongoing compliance with OPC regulations, including filing annual returns, maintaining statutory records, holding meetings as required, and fulfilling other legal obligations. Stay informed about any changes in regulations that may affect OPC operations.

It’s advisable to seek guidance from legal and financial professionals with experience in business conversions to ensure a smooth and legally compliant transition from a Private Limited Company to an OPC. Additionally, consult with local authorities or regulatory bodies for specific requirements and procedures in your jurisdiction.

How To Convert LLP To Pvt. Ltd ?

Converting a Limited Liability Partnership (LLP) to a Private Limited Company (Pvt. Ltd) involves several steps and legal procedures. Here’s a detailed guide on how to do it:

  1. Check LLP Agreement: Review the LLP agreement to determine if there are any provisions related to conversion to a Private Limited Company. Ensure that the LLP agreement allows for conversion and outlines the procedure for doing so.
  2. Conduct Partners’ Meeting: Hold a meeting of all partners of the LLP to discuss and approve the conversion to a Private Limited Company. Pass a resolution authorizing the conversion and approving any necessary changes to the LLP agreement.
  3. Obtain No Objection Certificate (NOC): Obtain a No Objection Certificate from all existing partners, creditors, and other stakeholders of the LLP. This certificate indicates their agreement to the conversion to a Private Limited Company.
  4. File Application for Conversion: Prepare and file the necessary conversion documents with the Registrar of Companies or other appropriate government authority responsible for business registrations in your jurisdiction. This typically involves submitting forms prescribed for conversion, along with the amended LLP agreement and other required documents. Pay the prescribed fees for conversion.
  5. Obtain Approval and Certificate: Once the conversion documents are submitted, await approval from the Registrar of Companies. If the documents are in order and comply with legal requirements, the Registrar will issue a Certificate of Incorporation for the Private Limited Company.
  6. Transfer Assets and Liabilities: Transfer assets and liabilities from the LLP to the Private Limited Company as per the terms outlined in the LLP agreement and in compliance with legal requirements. This may involve transferring contracts, licenses, permits, leases, bank accounts, and other assets and liabilities.
  7. Update Registrations and Records: Update all relevant registrations, licenses, permits, tax filings, and other official documents to reflect the new status of the business as a Private Limited Company. This includes updating information with government agencies, financial institutions, suppliers, customers, and other stakeholders.
  8. Notify Stakeholders: Notify stakeholders, including employees, customers, suppliers, and business partners, about the conversion to a Private Limited Company. Communicate any changes that may affect them, such as new contact information or revised contractual arrangements.
  9. Compliance and Ongoing Obligations: Ensure ongoing compliance with Private Limited Company regulations, including filing annual returns, maintaining statutory records, holding meetings as required, and fulfilling other legal obligations. Stay informed about any changes in regulations that may affect Private Limited Company operations.

It’s advisable to seek guidance from legal and financial professionals with experience in business conversions to ensure a smooth and legally compliant transition from an LLP to a Private Limited Company. Additionally, consult with local authorities or regulatory bodies for specific requirements and procedures in your jurisdiction.

How To Convert OPC to Pvt. Ltd ?

Converting a One Person Company (OPC) to a Private Limited Company (Pvt. Ltd) involves several steps and legal procedures. Here’s a detailed guide on how to do it:

  1. Check OPC Memorandum and Articles of Association: Review the Memorandum and Articles of Association of the OPC to determine if there are any provisions related to conversion to a Private Limited Company. Ensure that the documents allow for conversion and outline the procedure for doing so.
  2. Conduct Directors’ Meeting: Hold a meeting of the Board of Directors of the OPC to discuss and approve the conversion to a Private Limited Company. Pass a resolution authorizing the conversion and approving any necessary changes to the Memorandum and Articles of Association.
  3. Obtain No Objection Certificate (NOC): Obtain a No Objection Certificate from the sole member/shareholder of the OPC. This certificate indicates their agreement to the conversion to a Private Limited Company.
  4. File Application for Conversion: Prepare and file the necessary conversion documents with the Registrar of Companies or other appropriate government authority responsible for business registrations in your jurisdiction. This typically involves submitting forms prescribed for conversion, along with the amended Memorandum and Articles of Association and other required documents. Pay the prescribed fees for conversion.
  5. Obtain Approval and Certificate: Once the conversion documents are submitted, await approval from the Registrar of Companies. If the documents are in order and comply with legal requirements, the Registrar will issue a Certificate of Incorporation for the Private Limited Company.
  6. Transfer Assets and Liabilities: Transfer assets and liabilities from the OPC to the Private Limited Company as per the terms outlined in the Memorandum and Articles of Association and in compliance with legal requirements. This may involve transferring contracts, licenses, permits, leases, bank accounts, and other assets and liabilities.
  7. Update Registrations and Records: Update all relevant registrations, licenses, permits, tax filings, and other official documents to reflect the new status of the business as a Private Limited Company. This includes updating information with government agencies, financial institutions, suppliers, customers, and other stakeholders.
  8. Notify Stakeholders: Notify stakeholders, including employees, customers, suppliers, and business partners, about the conversion to a Private Limited Company. Communicate any changes that may affect them, such as new contact information or revised contractual arrangements.
  9. Compliance and Ongoing Obligations: Ensure ongoing compliance with Private Limited Company regulations, including filing annual returns, maintaining statutory records, holding meetings as required, and fulfilling other legal obligations. Stay informed about any changes in regulations that may affect Private Limited Company operations.

It’s advisable to seek guidance from legal and financial professionals with experience in business conversions to ensure a smooth and legally compliant transition from an OPC to a Private Limited Company. Additionally, consult with local authorities or regulatory bodies for specific requirements and procedures in your jurisdiction.

How To Convert Public Ltd To Pvt. Ltd ?

Converting a Public Limited Company (PLC) to a Private Limited Company (Pvt. Ltd) involves several steps and legal procedures. Here’s a detailed guide on how to do it:

  1. Check Company’s Eligibility: Ensure that the Public Limited Company meets the eligibility criteria for conversion to a Private Limited Company. In most jurisdictions, only certain types of companies are allowed to convert, and there may be restrictions based on factors such as the number of shareholders and regulatory requirements.
  2. Conduct Board Meeting: Hold a board meeting of the Public Limited Company to discuss and approve the conversion to a Private Limited Company. Pass a resolution authorizing the conversion and approving any necessary changes to the Memorandum and Articles of Association.
  3. Obtain No Objection Certificate (NOC): Obtain a No Objection Certificate from all existing shareholders, creditors, and other stakeholders of the Public Limited Company. This certificate indicates their agreement to the conversion to a Private Limited Company.
  4. File Application for Conversion: Prepare and file the necessary conversion documents with the Registrar of Companies or other appropriate government authority responsible for business registrations in your jurisdiction. This typically involves submitting forms prescribed for conversion, along with the amended Memorandum and Articles of Association and other required documents. Pay the prescribed fees for conversion.
  5. Obtain Approval and Certificate: Once the conversion documents are submitted, await approval from the Registrar of Companies. If the documents are in order and comply with legal requirements, the Registrar will issue a Certificate of Incorporation for the Private Limited Company.
  6. Transfer Assets and Liabilities: Transfer assets and liabilities from the Public Limited Company to the Private Limited Company as per the terms outlined in the Memorandum and Articles of Association and in compliance with legal requirements. This may involve transferring contracts, licenses, permits, leases, bank accounts, and other assets and liabilities.
  7. Update Registrations and Records: Update all relevant registrations, licenses, permits, tax filings, and other official documents to reflect the new status of the business as a Private Limited Company. This includes updating information with government agencies, financial institutions, suppliers, customers, and other stakeholders.
  8. Notify Stakeholders: Notify stakeholders, including employees, customers, suppliers, and business partners, about the conversion to a Private Limited Company. Communicate any changes that may affect them, such as new contact information or revised contractual arrangements.
  9. Compliance and Ongoing Obligations: Ensure ongoing compliance with Private Limited Company regulations, including filing annual returns, maintaining statutory records, holding meetings as required, and fulfilling other legal obligations. Stay informed about any changes in regulations that may affect Private Limited Company operations.

It’s advisable to seek guidance from legal and financial professionals with experience in business conversions to ensure a smooth and legally compliant transition from a Public Limited Company to a Private Limited Company. Additionally, consult with local authorities or regulatory bodies for specific requirements and procedures in your jurisdiction.

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