Conversion of Partnership firm to LLP

Ideal for Micro small and medium enterprises

Starting At Rs. 7,999 Onwards

(Takes < 30 days)

Convert Partnership to LLP

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Procedure For Conversion

Complete our Simple Form Online

You are required to fill your details in our simple questionnaire and submit documents.

Start >

 

Obtain DSC and DIN. from us

After submitting your documents we will provide you with DSC and DIN.

12 Working Days >

 

Verification & Name Approval

Details provided by you will be verified and we will apply for name approval.

2 Working Days >

Document Submission

We will create all the required documents and file them with ROC on your behalf.

20-25 Working Days >

Your work is completed

Once your company is incorporated, we send you all the documents through courier.

Congratulations >

Partnership to LLP

After the introduction of the LLP Act in 2008, numerous Partnership Firms have begun to convert their Partnership company to the LLP. The explanations of conversion are self-evident likeability to require a boundless number of partners, separate legal entity, limited liability, and ease of ownership transfer. Due to these benefits of LLP over Partnership, LLP has become famous amongst small and medium-sized organizations.

The Partnership Firm that needs to convert itself to LLP must be enrolled under the Indian Partnership Act, 1932. Unregistered Partnership Firm can’t be changed to LLP. LLP incorporated by the transformation of Partnership Firm to LLP should have identical partners as they were within the Partnership Firm. Therefore it is proposed that the Partnership Firm should resign all the Partners who do not wish to be a part of LLP and if new partners are to be included, they should be included after the consolidation of LLP.

Conversion of partnership to LLP is done through LegalRaasta.

Advantages of Conversion

Low set-up cost

Minimal Compliances

Tax Advantages

Limited Liability

Separate Legal Entity

What is Included In Our Package?

  • DPIN for 2 Directors
  • Digital Signature For 2 Directors
  • Name search & approval
  • LLP Agreement
  • Registration Fees
  • LLP Pan Card

Minimum Requirements for Public Limited Registration

  • Up to date filing of Income tax returns.
  • The partners shall accept consideration only by manner of allotment of shares in LLP.
  • Consent of all the unsafe creditors for the planned conversion in LLP.
  • Minimum 2 Partners.
  • At least one of the delegated partners shall be an Indian Resident.
  • DPIN for all the Partners.
  • DSC for all the Partners.
  • There has got to be some kind of contribution from each partner.

Why Choose LegalRaahi

30+ Offices in India

10+ Years Experience

Economical and Fast

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Frequently Asked Questions

1. What is the minimum number of Partners required to start a Limited Liability Partnership?
2. Who can become a partner in LLP?
3. Do I have to be available in-person to convert partnership to a LLP?
4. Once I pay for the incorporation, is there any other payment before I get the Incorporation Certificate of LLP?
5. What is the time taken by LegalRaasta.com for conversion?
6. Can NRIs/Foreign Nationals be a Designated Partner in LLP?
7. What are the advantages of an LLP as opposed to a Private Limited Company?
8. What are the disadvantages of forming an LLP as opposed to a Private Limited Company?