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Converting an LLP or traditional firm into a company in India entails obtaining consent, selecting a unique company name, and filing conversion documents with the Registrar of Companies (ROC). The conversion application should adhere to the Companies Act, 2013, and specify the company’s capital structure. Once approved, you’ll receive a Certificate of Incorporation, granting your entity the advantages of limited liability and access to capital markets while necessitating ongoing compliance with company regulations. It’s recommended to consult professionals well-versed in corporate conversions to navigate this process effectively.
Ronak Jhuthawat & Co key offerings also include setting up compliances, approvals from all the government departments including approvals from the Registrar of Companies, Ministry of Corporate Affairs, Reserve Bank of India (RBI), Director General of Foreign Trade (DGFT), FDI, Retail, Trading, Non-banking finance companies etc.
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