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Proprietorship to Private Limited

Outgrown your proprietorship? We convert it into a Private Limited company — so you gain limited liability, credibility and the ability to raise funds.

Overview

As a proprietorship grows, its limits show — unlimited personal liability, low credibility with big clients, and no way to raise equity. Converting to a Private Limited company fixes all three while carrying your business forward.

In practice, a new Private Limited company is incorporated and the proprietorship’s business is taken over by it under an agreement. GovYapar handles the incorporation, the takeover, and the transitions (GST, licences, bank) so nothing breaks.

What’s included

  • New Private Limited incorporation
  • Takeover agreement drafting
  • Asset & business transfer guidance
  • GST & licence transition support
  • PAN/TAN & bank account setup
  • Post-conversion compliance guidance

Who needs this

  • Proprietors wanting limited liability
  • Businesses needing more credibility
  • Founders planning to raise investment

Documents required

  • Proprietor’s PAN & Aadhaar
  • Business & GST details
  • Address proof & registered-office proof
  • Details of assets/liabilities to transfer
How it works

Simple, done-for-you process

A real Chartered Accountant handles the filing end-to-end.

1

Plan

We plan the incorporation & takeover.

2

Incorporate

New Pvt Ltd company registered.

3

Transfer

Business taken over via agreement.

4

Transition

GST, licences & bank moved across.

FAQs

Common questions

To gain limited liability, higher credibility, easier fundraising and a separate legal identity — things a proprietorship can’t offer.

A new company gets fresh registrations; we manage the transition so there’s no gap in GST and licences.

The business carries forward under the new company via a takeover agreement — we plan it to avoid disruption.

Structured correctly, conversions can be tax-efficient. A CA plans it to minimise tax impact.

Related

Related services

Upgrade to a Private Limited.

Convert your proprietorship without disrupting your business — CA-assisted.

Talk to a CA →