1.Employee Stock Option Plan

All entrepreneurs have at least one common problem: how to motivate employees in a way that’s mutually beneficial. The most practical solution to this is the employee stock options plan (ESOP), used by small and large businesses alike. It not only keeps deserving employees motivated to grow your company, rather than just fulfill their duties, it ensures that you don’t lose them for a number of years. In an ESOP, companies provide their employees with stock ownership, often at no up-front cost, but in lieu of work performed. Shares are allocated to employees, but may vest only after a pre-defined period.

2.Partnership to LLP

A Limited Liability Partnership (LLP) can prove to be a much better business vehicle than a regular partnership. Partners aren’t disadvantaged by personal liability and the LLP does away with the excessive regulations of the Indian Partnership Act, 1932. Furthermore, there are tax benefits, no audit requirements below a certain capital, no cap with regard to number of partners or capital contribution requirements.

3.Private Limited to One Person Company

A private limited company can convert itself into a one-person company (OPC) if it has a paid-up capital ofless than Rs. 50 lakh and an annual turnover of less than Rs.2 crore. An OPC also need a nominee. The procedure is time-consuming, as you cannot use the INC-29 procedure, but should be completed inside 25 working days. Our package includes everything from the filing of the forms for conversion to the alteration of your Memorandum of Association and Articles of Association

4.Private Limited to Public Limited Company

As the proprietorship has almost no definition, besides that given to it by one of the many licenses you can take to get one (SSI, VAT or Service Tax registration, for example), transferring the business to a private limited company is easy. All you need to do is go ahead and start a private limited company and submit an agreement between the sole proprietor and the private limited company, declaring that all the assets are to be transferred to the latter

5.Sole Proprietorship to Private Limited Company

It’s great news that you’re looking to go public. The process to convert from private to public limited company is simple, but will take 30 to 35 days to complete, as there are many steps involved. First you need to alter the articles of association, then delete the word private from your name, commence the registration process and finally wait for the certificate of commencement of business. Do note, however, that some requirements and charges will depend on whether or not you already have three directors, seven members (shareholders) and a paid-up capital of Rs. 5 lakh (all are necessary for a public limited company).