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Siddhu ManojFounder & CEO of Two-LYP Computations Pvt. Ltd.
“Incorporating my Startup with IncorpX was an incredibly smooth and hassle-free experience. The team was highly professional, guiding us every step of the way with clear communication and prompt support. The registration process was fast, and every detail was handled with precision and accuracy. Highly recommend IncorpX for anyone starting a business.”
Abhishek LohaniDirector at Lohani Learnings
“Company is good and service is also smooth. I used their compliance service and the response was timely with no delay and price are also convenient. They are always available to cater your need.”
Chandan Kr. ChaudharyFounder of Creative Minds
“I am very satisfied with the team of IncorpX for providing the top notch services. Team of IncorpX was giving the update on daily basis was one of the best thing which I experience in Corporate. keep doing it. Thank you!”
Jayavijaya SJFounder of Agro Farms
“Don't think twice.Got my company incorporates here. Tbh very impressed by the quality of service provided by this team. Very organized and friendly team. Had a smooth and peaceful experience. Timely regular updates were provided by the team. Overall a great experience.”
Anoop KrishnanFounder of EIGHTH DAY FORGE
“It's rare to find a service provider who makes the process feel personal - IncorpX absolutely did. From day one, they patiently explained every detail without any jargon, making it easy to understand and stress-free. There was zero chasing, no delays-just efficient, smooth execution all the way through. I felt supported, heard, and confident at every step of registering my company EIGHTH DAY FORGE (OPC) Private Limited. Thanks to Mr. Sriram and his wonderful team.”
Ramesh LankeFounder of EKnal Technologies
“IncorpX made the entire registration process for our company, EKnal Technologies, smooth and stress-free. Their team was professional, efficient, and incredibly supportive from start to finish. Highly recommend them to any founder looking for a reliable partner in their business journey! Special shoutout to Sriram and Aswin-your support, clarity, and responsiveness made the whole process incredibly smooth.”
700+
Businesses Incorporated Every Month
1000+
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Professional Network
WHY CHOOSE US?
Expert Legal Team
Experienced legal experts in company formation and corporate law.
Fast Turnaround
Kickstart your venture with efficient company setup, generally processed within a week.
Dedicated Support
Personal manager by your side, every step of the way and beyond.
Complete Documentation
We handle all paperwork and ensure full legal compliance.
Business Growth Tools
Free business resources to fuel your company's success from day one.
24/7 Customer Service
Round-the-clock assistance for all your concerns.
Ready to Upgrade Your Business Structure?
Convert your business to a more suitable legal structure for growth, funding, and credibility. Expert assistance from start to finish
HERE'S HOW IT WORKS
1. Fill the Form
Simply fill the above form to get started.
2. Call to discuss
Our startup expert will connect with you & complete legalities.
3. Convert Your Business
Our CA/CS experts handle the complete conversion process with MCA compliance.
SIMPLE & TRANSPARENT PRICING
MOST POPULAR
Business Conversion Package
₹4999 /one-time
Complete within 7 days
7-day turnaround 100% guaranteed
Conversion Type Assessment
Document Preparation
Board/Partner Resolutions
MCA Form Drafting & Filing
New MOA & AOA (if applicable)
Certificate of Incorporation
PAN & TAN Update
GST Migration Assistance
Bank Account Transition Support
Post-Conversion Compliance Guide
*Government fees are additional and vary based on company structure
4.9/5 based on 1000+ reviews
Money back guarantee
Secure payment
Top rated service
IncorpX Prime
An all-inclusive solution for startups and expanding enterprises seeking a streamlined, compliant incorporation process.
Key Benefits
Personalised support from dedicated incorporation specialists.
Application prepared and filed within 2 days.
24/7 customer assistance.
Important Notes
We strive to register your preferred business name whenever feasible.
Alternative name suggestions are provided if the preferred name is not approved.
Package includes first-year compliance services: auditor appointment, annual filings, and related obligations.
Business Conversion refers to the legal process of changing your existing business structure to a different entity type. As businesses grow and evolve, their initial structure may no longer serve their needs. A sole proprietorship may need to become a Pvt Ltd company to raise funding, or a partnership firm may want to convert to an LLP for limited liability protection.
The Companies Act, 2013, LLP Act, 2008, and various other laws provide specific provisions for business conversion. Each conversion type has its own procedure, documentation requirements, and compliance norms prescribed by the Ministry of Corporate Affairs (MCA) and the Registrar of Companies (ROC).
Business conversion is not just a change in legal status - it brings significant changes in liability structure, tax implications, compliance requirements, ownership transferability, and funding capabilities. A well-planned conversion can unlock new growth opportunities while protecting your existing business interests.
At IncorpX, we specialize in seamless business conversions across all major structure types. Our team of expert Chartered Accountants (CAs) and Company Secretaries (CSs) ensures that your conversion is completed efficiently, with all legal formalities properly handled and minimal disruption to your business operations.
Why Should You Convert Your Business?
Businesses evolve, and so should their legal structure. Here are common reasons why entrepreneurs choose to convert their business:
Common Reasons for Business Conversion:
Limited Liability Protection:
Sole proprietors and partners often convert to protect personal assets from business debts and liabilities.
Fundraising Requirements:
VCs and angel investors only invest in Private Limited Companies. Conversion opens doors to equity funding.
Scalability & Growth:
Corporate structures like Pvt Ltd and Public Ltd are designed for large-scale operations and expansion.
Credibility & Trust:
A "Pvt Ltd" or "LLP" suffix adds credibility with banks, vendors, and customers compared to proprietorship.
Tax Benefits:
Different structures have different tax implications. LLPs and companies may offer better tax planning opportunities.
Did You Know?
Converting from a Partnership Firm to an LLP under Section 56 of the LLP Act, 2008 is tax-neutral - meaning no capital gains tax is triggered on the transfer of assets, provided all conditions are met.
Types of Business Conversions We Handle:
IncorpX provides expert assistance for all major business conversion types in India:
What Are the Key Features of Our Conversion Services?
IncorpX provides end-to-end business conversion services with expert guidance at every step:
1. Structure Analysis
We analyze your current structure and recommend the best conversion path based on your goals.
2. Tax Impact Assessment
Detailed analysis of tax implications including capital gains, GST, and income tax considerations.
3. Document Drafting
Complete drafting of MOA, AOA, resolutions, consents, and all required declarations.
4. MCA/ROC Filing
Filing of all required forms with MCA including conversion applications and supporting documents.
5. Compliance Transfer
Assistance with transfer of GST, PAN, TAN, and other registrations to the new entity.
6. Bank Account Transition
Support for transitioning existing bank accounts to the new entity name.
7. Asset Transfer
Guidance on proper transfer of assets and liabilities from old to new structure.
8. Stakeholder Communication
Templates and guidance for informing vendors, customers, and banks about the change.
9. Post-Conversion Compliance
Complete guide on new compliance requirements for the converted entity.
10. Dedicated Support
Expert CA/CS support throughout the conversion journey and beyond.
Benefits of Business Conversion:
Converting your business structure can unlock numerous advantages for growth and protection:
Limited Liability
Protect your personal assets from business debts. Your liability is limited to your investment in the company.
Funding Access
Private Limited Companies can raise equity funding from VCs, angel investors, and issue shares to new partners.
Enhanced Credibility
Corporate structures like Pvt Ltd and LLP are trusted more by banks, vendors, and large corporate clients.
Perpetual Existence
Companies continue to exist regardless of changes in ownership, ensuring business continuity and legacy.
Easy Ownership Transfer
Share transfers in companies are straightforward, making it easy to bring in new partners or exit.
Tax Optimization
Different structures offer different tax benefits. Proper conversion can lead to significant tax savings.
Expert guidance for seamless business structure change!
Comparison of Business Structures:
Understanding different business structures helps in making the right conversion decision:
Feature
Sole Proprietorship
Partnership
LLP
Pvt Ltd
Public Ltd
Liability
Unlimited
Unlimited
Limited
Limited
Limited
Min Members
1
2
2
2
7
Max Members
1
50
Unlimited
200
Unlimited
Separate Legal Entity
No
No
Yes
Yes
Yes
Perpetual Succession
No
No
Yes
Yes
Yes
Equity Funding
No
No
No
Yes
Yes (Public)
Compliance Level
Minimal
Low
Moderate
High
Very High
Tax Rate
Slab Rate
30%
30%
22-25%
22-25%
General Requirements for Business Conversion:
While specific requirements vary by conversion type, here are the common documents needed:
For Existing Entity:
Partnership Deed / Proprietorship Documents
Certificate of Incorporation (if company)
Latest Audited Financial Statements
GST Registration Certificate
Latest ITR and Tax Returns
Bank Account Statements
For Partners/Directors:
PAN Card of All Partners/Directors
Aadhaar Card / Passport
Email ID and Mobile Number
Address Proof (Utility Bill/Bank Statement)
Passport Size Photographs
Digital Signature Certificate (DSC)
For Registered Office:
Rent Agreement / Ownership Proof
NOC from Landlord (if rented)
Utility Bill (not older than 2 months)
General Process for Business Conversion:
While each conversion type has specific steps, here's the general process flow:
Step 1: Consultation & Assessment
Our experts analyze your current structure, business goals, and recommend the most suitable conversion path. We assess tax implications and compliance requirements.
Step 2: Partner/Shareholder Consent
Obtain consent from all existing partners/shareholders for the conversion. This includes passing necessary resolutions and obtaining written approvals.
Step 3: Document Preparation
We prepare all required documents including new MOA/AOA (for companies), LLP Agreement (for LLP), resolutions, declarations, and affidavits.
Step 4: Name Reservation (if required)
For conversions to companies, we reserve the new company name through MCA's RUN service if required.
Step 5: Filing with ROC/MCA
Submit conversion application along with all supporting documents to the Registrar of Companies. Pay applicable government fees.
Step 6: Certificate of Incorporation
Upon verification, ROC issues Certificate of Incorporation for the new entity. The old entity stands dissolved/converted as per applicable law.
Step 7: Post-Conversion Compliance
Update PAN, GST, bank accounts, and other registrations to reflect the new entity. Intimate vendors, customers, and other stakeholders.
Seamless transition with expert CA/CS support!
Why Choose IncorpX for Business Conversion?
Expert Team: Qualified CAs and CSs with conversion expertise.
Fast Processing: Efficient handling for quicker approvals.
End-to-End Support: From consultation to post-conversion compliance.
Complete Documentation: All forms, resolutions, and filings handled.
Tax Planning: Guidance on tax-efficient conversion strategies.
FAQs on Business Conversion
Have questions about Business Conversion? We've compiled answers to the most frequently asked questions about changing your business structure.
These FAQs cover common conversion scenarios, legal requirements, tax implications, and the process involved.
Business conversion is the legal process of changing your existing business structure (like sole proprietorship, partnership) to a different entity type (like Pvt Ltd, LLP) while maintaining business continuity.
Common reasons include: limited liability protection, access to equity funding, enhanced credibility, perpetual succession, tax benefits, and scalability for growth.
Technically, a sole proprietorship cannot be "converted" directly. Instead, you form a new Pvt Ltd company and transfer the business as a going concern to the new company.
Yes, conversion from Partnership Firm to LLP under Section 56 of LLP Act is tax-neutral, provided all partners become designated partners and profit sharing remains the same.
Typically 15-45 days depending on the type of conversion, document readiness, and MCA processing times. Some complex conversions may take longer.
Yes, the new entity will have a new PAN. However, in some conversions (like Partnership to LLP), the same PAN may be retained with status change.
You need to file for amendment or migration of GST registration to the new entity. The GSTIN may change or be transferred based on conversion type.
Yes, OPC can be voluntarily converted to Pvt Ltd anytime, or it becomes mandatory when paid-up capital exceeds ₹50 lakhs or turnover exceeds ₹2 crores.
Costs vary by conversion type. Our packages start at ₹4,999 (professional fees) plus government fees which depend on authorized capital and conversion type.
In proper conversions, contracts are transferred to the new entity. However, it's advisable to notify all parties and get novation agreements where necessary.
Yes, a Private Limited Company can be converted to LLP following the procedure under Section 56 and Third Schedule of LLP Act, 2008.
For Pvt Ltd, you need minimum 2 directors, 2 shareholders, and at least one director must be an Indian resident. No minimum capital requirement.
Employment contracts transfer to the new entity. However, PF and ESI registrations need to be updated with the new entity details.
Yes, most conversion filings are done online through MCA portal. We handle the entire process digitally with minimal physical documentation.
Conversion preserves business continuity, transfers assets/liabilities, and may have tax benefits. New registration means starting fresh with a separate entity.
Yes, all existing partners/shareholders must consent to the conversion. This is documented through resolutions and consent letters.
All assets and liabilities transfer to the new entity. The new entity assumes responsibility for all existing obligations of the old entity.
Yes, you can retain the same name (subject to availability) with appropriate suffix change (like adding "LLP" or "Private Limited").
Post-conversion, you need to: update all registrations (PAN, GST, etc.), inform banks/vendors, file commencement of business (for companies), and follow new compliance requirements.
