Want to convert Firm from Propreitorship to Partnership firm
20-Jul-2023 (In Corporate Law)
Please assist with the right strategy so that there is tax liability
Procedure for Conversion of Sole Proprietorship to Partnership
Drafting of Partnership Deed:Â The conversion of a sole proprietorship into a partnership begins with the drafting of the partnership deed of your firm.
Declaration of Transfer:The deed, in this case, would be different from a regular partnership deed, as it would also make several references to the proprietorship business and declare that it has been transferred to the partnership firm.
For further consultancy and legal services you may contact us.
Drafting of Partnership Deed:Â The conversion of a sole proprietorship into a partnership begins with the drafting of the partnership deed of your firm.
Declaration of Transfer:The deed, in this case, would be different from a regular partnership deed, as it would also make several references to the proprietorship business and declare that it has been transferred to the partnership firm.
For further consultancy and legal services you may contact us.
Hi,
We can assist you in converting your proprietorship firm to a partnership firm. We are also well equipped to guide you w.r.t. your taxes. feel free to get in touch.
warm regards
Advocate Smriti Khurana
We can assist you in converting your proprietorship firm to a partnership firm. We are also well equipped to guide you w.r.t. your taxes. feel free to get in touch.
warm regards
Advocate Smriti Khurana
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