Properietorship to Pvt ltd

This query is : Resolved 

22 January 2009 I have my own properietorship firm with turnover of 3 crore. I wish to change it from properietorship to pvt. ltd. to get extra reputation in the market.

Would you suggest me, is it write step??, what shall be advantages & disadvantages of this step?

22 January 2009 STATUTORY REQUIREMENTS ARE VERY MUCH MORE FO A COMPANY, SEE IF YOU CAN BE ABLE TO COMPLY WITH IT, AS IT WILL ADD TO YUR ADMINISTRATIVE OVERHEAD COSTS.

CHANDRAKANT AMBANI
BOMBAY
9819408963
9821240674


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