P.ANNAPURNA 03 January 2020
Sb Karma 03 January 2020
| Originally posted by : P.ANNAPURNA | ||
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To convert sole proprietorship into Pvt LTD company a new Pvt company was incorporated. Now by entering agreement can all fixed assets be taken by new company Shares will be alloted to proprietor and he is one of the promoter of the company My question is any stamp duty need to be paid I guess as it's converted to company so no stamp duty required Please resolve it's an urgent issue |
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No new liability arise...just pay fees and duty to convert company catagory...but not need to pay extra stamp duty for transfer to promoter
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