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Change Business Objects

Need to Change in Business Objects?

Change in Business Objects Starting at Just Rs.3,499/- (Inclusive of all Govt. Fees).

Change in Objects of the business

To change the goals or aims and objectives of your business, you need to amend the Memorandum of Association. The MoA contains the object clause. Now, this can be difficult to do, particularly if you're a young company looking to completely change the main objects. But if you follow the right methods, it can be done quickly. For example, one mistake many companies make is to include several domains in the main objects. This will not be approved. For example, if you are in the software business, you can cover all software services in the main objects, but other services, such as design, should be included in ancillary or other objects of the company.

Change in the registered business type can be required due to various reasons, like change in liability protection, change in number of employees which may lead to change in business type like private limited to public limited, going public, change in ownership etc. LegalWiz.in is an online platform that helps you to change your business type. We takes care of the formalities and process that goes into changing your business type. We guarantee highest quality standard backed by 100% customer satisfaction. Provide LegalWiz with the documents required for changing registered business type, and we would help you make the required changes in your corporate information. Subject matter experts are available on call or via email to answer your queries. We also provide a full spectrum of services related to Registration of a Private Limited Company, Company, Adding, SSI/MSME Registration, VAT & CST Registration, Service Tax Return Filing, TDS Return Filing, Trademark registration, objection, assignment & renewal Copyright registration, Accounting &Bookkeeping, Legal Drafting, Import Export Code registration etc. We offer services through an online model and a network of trusted affiliates across all major cities in India including Mumbai, Delhi, Ahmedabad, Pune, Bangalore, Hyderabad, Vadodara, Kolkata, Chennai, Noida, Gurgaon, Surat, Rajkot and others.

Procedure for Changing Business Objects

Board Resolution

You first need the board to pass a resolution selecting the new name and changing the objects of the company. We will ask for a few documents, which will be needed to get the approval from RoC in this regard.

ROC Form filing

We will file the necessary forms for changing the name and objects, but would also need to provide us with projected turnover details for three years and a declaration that the company will commence the business mentioned in the objects within six months.

Success means having the courage, the determination, and the will to become the person you believe you were meant to be.

Make Changes in Business Objective Successfully

Answer a few simple questions

  • You need to spare only 15 minutes!
  • Provide us with the changes in Business Objective
  • Upload required documents

Let us do all the filing
work

  • Our experts will go through the new business objective
  • Drafting would be done accordingly

Your business objective is changed

  • All it takes is 5 working days*
  • 100% satisfaction is guaranteed
  • Best in class customer care support

Change in Main Objects of your Company:

  • The change in the main objects requires alteration in the Memorandum of Association of the Company.
  • The main object clause contains the important part of Memorandum, as it depicts the business nature of a company. So change in main objects means change in the business nature of the company.
  • The Board of Directors in their meeting has to approve the alteration of Main object clause of Memorandum. Fix date, time and venue for convening General Meeting for the approval of Shareholders of the Company.
  • File Form MGT-14 after approval received from the Shareholders. The time frame should be 30 days within which all the necessary forms has to be filed with Registrar of Companies.
Basic
3,499
/-

(Inclusive of all Govt. Fees).

Change in Objects

Get Started

Standard
6,499
/-

(Inclusive of all Govt. Fees).

Change in Objects
Change in Industrial Activity

Get Started

FAQ

Can a Company change object for which it was incorporated?

Yes. A Private Limited Company or a Public Limited Company change object for which it was incorporated after approval of its Share Holders through a Special Resolution in General Meeting.

Is it necessary to inform ROC about change of object?

Yes, Company has to inform the ROC after getting approval of change of object from shareholders.

How many days it takes to change object of Company?

It generally takes around 25 days’ time for getting approval of change of object from the ROC. However everything depends on the processing time taken by Government department.

Is there any restriction on change of object?

There is no restriction on change of object clause as such, but a Public Limited company who has raised money from public and still has not utilized the money fully cannot change its object. There are other formalities to change object for such companies.

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