Proprietorship · Pvt Ltd · MCA · Company Formation
Convert Your Proprietorship into a Private Limited Company
Transform your business from a sole proprietorship into a private limited company to gain credibility, attract investors, and ensure limited liability. Our experts handle everything — from MCA filings to name approval and incorporation certificates.
Proprietorship vs Private Limited Company
| Key Factors | Proprietorship | Private Limited |
|---|---|---|
| Legal Status | Not a separate legal entity | Separate legal entity under Companies Act |
| Liability | Unlimited liability of owner | Limited liability of shareholders |
| Ownership | Single individual owns and controls | Owned by shareholders and directors |
| Funding Options | Limited to personal savings or loans | Can raise funds via equity or investors |
| Tax Benefits | Taxed as individual income | Eligible for corporate tax deductions |
| Compliance Level | Low | Moderate – requires annual filings & audits |
| Continuity | Ends with owner’s death or withdrawal | Perpetual succession ensured |
Why Convert Your Proprietorship to Pvt Ltd?
Limited Liability
Protects your personal assets by separating business liability from individual ownership.
Better Credibility
A Private Limited Company increases your brand’s reputation and investor confidence.
Growth & Funding Access
Easier access to funding and expansion opportunities compared to proprietorships.
Step-by-Step Conversion Timeline
Name Reservation (RUN Form)
Day 1-2
Drafting MOA & AOA
Day 3-5
Filing SPICe+ Form with MCA
Day 6-10
Verification & Approval
1-2 Weeks
Incorporation Certificate Issued
Final Stage
FAQs on Conversion from Proprietorship to Pvt Ltd
Is GST registration affected after conversation?
A new GST registration is required for the Private Limited Company, as it’s a separate legal entity from the proprietorship.
How long does conversation process take?
Usually around 20–30 working days, depending on document accuracy and MCA approval speed.
Can i use the same PAN and bank account?
No. The new company will receive a separate PAN, and you must open a new current account in the company's name.
Do i need minimum number of directors?
Yes, at least two directors and two shareholders are mandatory to register a Private Limited Company.