can we Convert Proprietorship into Partnership firm, LLP or Private company.
If yes. Which is better?
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Coversion of proprietorship to others
Replies (2)
The proprietor has to enter into the "Transfer of business" agreement.
Secondly, what is better among LLP, a Private company, or a Partnership firm, depends on various factors. Obtain paid consultancy from any expert to ascertain the best suitable form of business for you.
In case of any further queries, kindly mail me at casoravgupta @ gmail.com
Thanks & Regards
CA. Sorav Gupta
(Practicing Chartered Accountant)
We need to first incorporate the fresh entity and then enter into the transfer business agreement.
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