Conversion of Partneship into co.
This query is : Resolved
07 October 2010
Hi,
If one wants to convert his partneship business into pvt. ltd. co., he should convert the partnership into co., or he should incorporate a new co and make that co. partner in the firm, which option is better?
Kindly make suggestion.
Thanks
If one wants to convert his partneship business into pvt. ltd. co., he should convert the partnership into co., or he should incorporate a new co and make that co. partner in the firm, which option is better?
Kindly make suggestion.
Thanks
07 October 2010
set up a new company / converting firm to company, for both same procedures to be followed. you can continue the same business with existing vendors / customers. In pvt ltd, partners are getting Director status. So go for new company formation procedure.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- ITDS U/S.194T of Firm
- Capital gain on sale and purchase of plot
- Invertaded duty struture
- Eway bill not cancelled within 24 hous what can be due
- EXPORT COMMERCIAL INVOICE HSN CODE
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
