banner_ad

what is the real life procedure to convert a proprietorship into a company

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 December 2007
HI,
what is the real life procedure to convert a proprietorship into a company

also state where will i find related section, may give a site for reference too.
Is this clumsy & cumbersome job, shall i advice my client to form a new company rather than converting the same.
In case we convert it into a company ,do we need to make registration again in sales tax & service tax . cant we carry the same after conversion also?
if anyone is here to help. then please reply soon .

thanking you,
An article
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
20 December 2007 You can not 'convert' proprietorship into a company. A new company has to be registered. All formalities of registration will have to follow, as a company is a different legal person than the individual proprietor.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details