Conversion of Partnership firm to LLP
Ideal for Micro small and medium enterprises
SAVE 40% COST..!!!
(Takes 18-30 days)
Partnership to LLP
After introduction of LLP Act in 2008, many Partnership Firms have started to convert their Partnership Firm to LLP. The reasons of conversion are self-evident such as ability 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 popular 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 suggested that the Partnership Firm should retire all the Partners who do not wish to be a part of LLP and if new partners are to be added, they should be added after the incorporation of LLP.
Conversion of partnership to LLP is done through KlientSure.
What Is Included In Our Package?
- DPIN for 2 Partners
- Digital Signature For 2 Partners
- Name search & approval
- LLP Agreement
- Registration Fees
- LLP Pan Card
Procedure For Conversion?
Complete our LLP Form
You need to fill our simple LLP online registration form and submit LLP documents.
Obtain DSC and DPIN for LLP
After submitting your documents we will provide you with DSC and DPIN
LLP Verification & Name Approval
For further procedures, details provided by you shall be verified by our experts.
LLP Document Submission
We will create all the required documents (MOA & AOA) and file them with ROC for your LLP.
Your work is completed
We will create all the required documents (MOA & AOA) and file them with ROC for your LLP.
Why choose LLP Registration?
It has a separate legal entity, unlike partnership firms.
The liability and responsibility of every partner are limited to the contribution made by the partner.
An LLP has ‘perpetual succession’, that is extended survival until it is brought into end by mutual agreement between the partners.
The cost of forming an LLP is low.
Audit not required as LLPs are medium and small businesses who want to have minimal regulatory compliance linked to formalities.
Less agreement and regulations in the formation of LLP.
No terms for minimum capital contribution.
The ownership of an LLP can be easily shifted to another person. All you require is to recruit them as a Designated Partner of the LLP.
The least number of partners to incorporate an LLP is 2 and the maximum has no limit. The powers and responsibilities of designated partners are administered by the LLP agreement. They are straight responsible for the compliance of all the provisions of LLP Act 2008 and terms defined in LLP agreement.
If you want to commence your company with Limited Liability Partnership, then you must get it enrolled under the Limited liability Partnership Act, 2008.