Although sole proprietorship and private limited company are two entities and have different ways of operating, transferring of the former to the latter is no difficult task. You can start a new private limited company and then you can start the procedure. An agreement between the sole proprietor and private limited company should be submitted. The agreement should talk of the assets and other important information that need to be transferred to the Private Limited Company you have started.
How we help
We help you in preparing the agreement and the complete process of transfer.