A Private Limited Company (PVT LTD) turns into a Public Limited Company (PUBLIC LTD) with a vision to increase its scalability. Expansion and recognition are ideally the main reasons for companies to go from private to public. It provides the company the core ability to freely raise and transfer shares from public. Switching from private company to public company is totally subject to the provisions contained in Companies Act, 2013, Memorandum of Association and Articles of Association of Private Limited Company.
Documents required for Conversion
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- List of directors and members
- DIN and DSC of all directors
- PAN Card copy of all proposed partners
- Identity Proof copy of all proposed partners
- Address Proof copy of all proposed partners
- Passport size photographs of all Directors
- Address Proof copy of registered office
- No-objection certificate from tax authorities
- Duly certified accounts statement of company
E-tax Conversion Service Covers:
- Advisory in relation to conversion
- Organizing the required meetings
- Alteration of MOA and AOA
- Preparation of relevant documents
- Obtaining fresh Pan Card of company
- Filing of necessary e-forms with ROC
- Issuance of New Incorporation Certificate
- Guidance over finance and taxation matters
- Support for compliance of legislative norms