Conversion of Partnership firm to LLP

  • Perfect for Small-Medium Sized Businesses.
    InsideTax Offer At Rs. 14,999 Onwards.
  • At Minimum Price..!!!
  • (Takes 7-25 days)

Grow Up Your Business With Us

After launch of LLP Act in 2008, many Partnership Firms have begin to convert their Partnership Firm to LLP. The reasons of conversion are self-evident such as capacity to take unlimited number of partners, separate legal entity, limited liability and ease of ownership transfer. Because of these advantages of LLP over Partnership, LLP has become very favourable amongst small and medium sized businesses.
The Partnership Firm which wants to convert itself to LLP must be registered under Indian Partnership Act, 1932. Unregistered Partnership Firm can’t be converted to LLP. LLP incorporated by conversion of Partnership Firm to LLP must have same partners as they were in the Partnership Firm. Therefore it is advised that the Partnership Firm should retire all the Partners who do not want to be a part of LLP and if new partners are to be added, they should be added after the incorporation of LLP.

Procedure for Conversion

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Complete our Simple Form

You are need to fill the details in our easy questionnaire on email and submit documents.
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Obtain DSC and DPIN from us

After submitting your documents we will provide you with DSC and DPIN.
12 WORKING DAYS
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Verification and Name Approval

For other procedures, details provided by you shall be certify by our professionals .
2 WORKING DAYS
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Document Submission

We will constitute your documents and application and file them with ROC on your side .
20-25 WORKING DAYS
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Your work is completed

Once your company is incorporated, we shall send you all the documents and DSCs.
CONGRATULATIONS

Minimum requirements for conversion to LLP

  • Up to date filing of Income tax returns.

  • The partners shall accept consideration only by way of allotment of shares in LLP.

  • Agreement of all the unsecured creditors for the proposed conversion in LLP.

  • Minimum 2 Partners.

  • At least 1 of the designated partners shall be an Indian Resident.

  • DSC for all the Partners

  • DPIN for all the Partners

  • There has to be some sort of contribution from each partner.

What Is Included In Our Convert Partnership Package?

  • DPIN for 2 Partners

  • Digital Signature For 2 Partners

  • Name search & agreement

  • LLP Agreement

  • Registration Fees

  • LLP Pan Card

Advantages of conversion

  • Low set-up cost

  • Limited Liability

  • Minimal Compliances

  • Separate Legal Entity

  • Tax Advantages