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Conversion of companies
Section 18 of Companies Act, 2013 deals with the Conversion of companies already registered, A company of any class registered under this Act may convert itself as a company of other class under this Act by alteration of memorandum and articles of the company in accordance with the provisions of Companies Act, 2013. A change of business entity, also called business entity conversion or statutory conversion, is the legal process of converting your current business entity into another business entity, without having to form a new entity or dissolve your current entity. In some cases a company that was formed as one entity type (Private Ltd, Public Ltd, LLP, OPC, Partnership Firm, etc.) reaches a point where it becomes necessary or preferable to change its type to a different entity type.
There are varied types of methods under which you can register your company. Amongst of which private firm, public company, sole proprietorship, limited liability partnership (LLP), one person company, section 8 company are well popular in the corporate sector.
ComplianceIndia helps you with the simplest way for conversion of the business type.
Select Conversion Type
How we Work?
Our charges for Conversion of Business starts from Rs. 4,999/-.