How long does it take to convert a proprietorship into a private limited company?

Typically, the process takes 15-30 working days, depending on the accuracy of documents and approvals from MCA.

What happens to the liabilities of the proprietorship during the conversion?

All assets and liabilities are legally transferred to the private limited company, ensuring business continuity without disruption.

No, a private limited company requires at least two directors and two shareholders. The proprietor can continue as one of them.

No, GST registration needs to be updated manually to reflect the new entity’s name.

The cost varies but generally includes incorporation fees, government charges, and professional service fees, ranging between ₹10,000 to ₹50,

Shreya Bansal

December 23, 2024

5 min read

Content writer at RegisterKaro, specializing in business registration and compliance topics.