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Sole proprietorship becoming subsidiary of a public ltd co.

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(Querist)
08 September 2015 what are all the procedural formalities for a sole proprietorship to become the subsidiary of a public limited company?
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praveen

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praveen (Expert)
08 September 2015 First off all sole proprietorship cannot become a subsidiary. Only a company can become a subsidiary of another company. So first you need to convert the concern to a company and then think about making it a subsidiary

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