Convert

partnership to private limited company easily

Start your company conversion at just INR 19,999/- only.

Trusted by entrepreneurs across India for converting registered partnerships under Section 44AB compliances.

Header
Convert Now

Quick | Affordable | Trusted

Conversion Partnership to Private Limited Company 

All you need to know

A registered partnership is formed when two or more people join under the Indian Partnership Act, 1932. But as the business grows, many entrepreneurs prefer converting their firm into a private limited company. This conversion helps in raising funds, limiting liability, and ensuring compliance with Section 44AB of the Income Tax Act.

Through this conversion, the business gets a new legal identity while continuing its existing operations. All assets and liabilities of the partnership are transferred to the private limited company after conversion.

Why Convert from Partnership to Private Limited Company?  

  • Limited liability protection for owners.

  • Better credibility with banks and investors.

  • Easy expansion and fundraising options.

  • Mandatory compliance under Section 44AB becomes simpler.

  • Separate legal identity for the business.

  • Stronger governance and structured ownership.

Convert Your Partnership Firm into a Recognized Private Limited Company

Why Choose Ebizfiling?  

  • Expert CA/CS team to handle end-to-end process.

  • Guidance on Section 44AB compliance during conversion.

  • Fast document drafting and ROC approval support.

  • Services available across India for small and large firms.

  • Dedicated support team for post-conversion assistance

Apart from an Pvt Ltd Co. EbizFiling.com also helps entrepreneurs with One Person Company Registration, Public Limited Company Registration, Partnership Registration, HUF, Limited Liability Partnership and Proprietorship Firm Registration easily. You may get in touch with us on 09643203209 or email info@ebizfiling.com for free advisory on all the services.

Suggested Read: Advantages and Disadvantages of Private Limited Company

Cost of conversion of Registered Partnership in to Private Limited Company

Choose your Package

ESSENTIAL

19999/-

(All Inclusive)

  • 2 Digital Signature Certificates
  • 2 Director Identification Numbers
  • Name Approval Application under SPICe Plus
  • Preparation of documents for conversion
  • Application for conversion from Partnership to Private Limited Company
  • New Certificate of Incorporation
  • MOA
  • AOA
  • PAN
  • TAN

Advantages of conversion of Partnership to Pvt. Ltd Company

Points to make your decision easy

Limited Liability

Shields personal assets of owners from business debts and legal obligations.

Fundraising Options

Facilitates securing capital from various sources like investors and financial institutions.

Business Credibility

Significantly boosts the company’s image, trust, and reputation among stakeholders.

Tax Advantages

Provides simplified audit procedures and offers potential benefits in tax compliance.

Business Continuity

Guarantees uninterrupted operation despite changes in management or ownership structure.

Legal Recognition

Confers a more robust and established legal identity under corporate statutory law.

Required Documents to Convert a Partnership into Pvt. Ltd. Company

Quick Checklist

  • PAN Card of shareholders and directors. Foreign nationals may provide a passport
  • Copy of PAN/GST registrations of the Partnership firm
  • Aadhar card, Voter ID/ Passport/ Driving License of Shareholders and Directors
  • Telephone Bill /Electricity Bill/ Latest Bank Account Statement of Shareholders and Directors
  • No Objection Certificate to be obtained from all the secured creditors of the applicant
  • Written consent or no objection declaration from partners of the firm
  • A Copy of Partnership deed and Certificate of Registration duly verified by at least two partners of the general partnership
  • Amended Partnership deed (After inclusion of a provision of conversion in the deed)

How to convert a registered Partnership firm to Private Limited Company

 

Process flow in 5 steps

1

Fill in the simple checklist

2

Obtain DSC / DIN

3

Filing of name approval

4

Advertisement in the newspapers

5

Certificate of Incorporation

How Ebizfiling process for Partnership to Private Limited Company?  

  • Initial Consultation: Our experts first understand your partnership firm’s structure, business needs, and eligibility for conversion.

  • Document Verification: We review the partnership deed, registration certificate, partner details, financial records, and NOC from creditors.

  • Drafting Conversion Documents: Our team prepares MOA, AOA, resolutions, and necessary forms for conversion under Companies Act, 2013.

  • Filing with ROC: We submit SPICe+ forms and other documents to the Registrar of Companies on your behalf.

  • Government Fee Payment: We assist in paying prescribed MCA fees and stamp duties applicable for conversion.

  • Error-Free Submission: All details are checked to ensure no mistakes in filing, avoiding rejections or delays.

  • Follow-Up with ROC: After submission, we track the application status and update you until approval is granted.

  • Quick Turnaround: Normally, the conversion process is completed within 15–20 working days, subject to ROC approval.

  • Post-Conversion Support: We assist in updating PAN, TAN, GST, and bank records for the new company.

  • End-to-End Guidance: From consultation to final incorporation certificate, Ebizfiling manages the entire conversion process smoothly.

FAQ

FAQs on Partnership to Private Limited Company  

Get answers to all your queries

  • What is partnership to private limited company conversion?

    It is the process of converting a registered partnership firm into a private limited company under the Companies Act, 2013.

  • Why should I convert my registered partnership to a private limited company?

    Conversion provides limited liability, better funding options, improved credibility, and easier compliance under Section 44AB.

  • Is conversion from partnership to private limited company compulsory?

    No, it is optional. However, many growing firms prefer conversion for expansion and investor trust.

  • Do all partners need to agree to the conversion?

    Yes, consent of all partners is required along with a resolution for conversion.

  • What happens to the assets and liabilities of the partnership?

    All assets, liabilities, and contracts of the partnership automatically transfer to the new private limited company.

  • Will the old partnership be dissolved after conversion?

    Yes, the registered partnership is dissolved, and the business continues as a private limited company.

  • Is a new PAN required after conversion?

    Yes, the new private limited company must apply for its own PAN and TAN.

  • How many directors are required for a private limited company?

    At least 2 directors and 2 shareholders are mandatory. They may be the same individuals.

  • Can existing partners become directors in the new company?

    Yes, existing partners generally become shareholders and directors in the converted company.

  • Do I need a new GST registration after conversion?

    Yes, a new GST registration is required in the name of the private limited company.

  • What are the tax implications of conversion?

    Conversion does not attract capital gains tax if all conditions under Section 47(xiii) of the Income Tax Act are met.

  • Is Section 44AB applicable after conversion?

    Yes, if the turnover of the company crosses the threshold limit, tax audit under Section 44AB becomes mandatory.

  • How long does the conversion process take?

    On average, it takes 15–20 working days depending on the approvals from the Registrar of Companies (ROC).

  • Do I need approval from creditors before conversion?

    Yes, a No Objection Certificate (NOC) from creditors and banks is usually required.

  • Can the new company have a different name from the partnership firm?

    Yes, you can apply for a fresh name while filing for conversion under SPICe+ forms.

  • What documents are needed for conversion?

    Partnership deed, registration certificate, PAN, financial statements, partner IDs, and address proofs are required.

  • Will I need to re-execute business contracts after conversion?

    No, all existing contracts automatically shift to the private limited company after conversion.

  • Can a partnership with losses convert to a private limited company?

    Yes, it can. However, tax benefits of carried-forward losses are subject to Income Tax rules.

  • What if I don’t convert my partnership firm?

    You can continue as a partnership, but liability remains unlimited, and fundraising options stay limited.

  • How does Ebizfiling help in this conversion?

    Ebizfiling manages eligibility checks, documentation, ROC filings, name approval, and ensures quick conversion into a private limited company.

Reviews

  • Client Review, Ebizfiling

    Amit Tripathi

    01 Jun 2018

    Easy and Fast Thanks for the Help, Very Nice Services will contact for other services too.

  • Amit-Kanase

    Amit Kanase

    18 Mar 2025

    I had an excellent experience with Ebizfiling! The service was prompt, professional, and seamless. The team provided exceptional support and dedication throughout the process. Highly recommended!

  • Ebizfiling, Amruta Thalange

    Amruta Thalange

    15 Oct 2020

    It was our first compliance and ITR filing as LLP and had no idea. EBizFiling handholded us to make this thing very easy, without any much queries/hassles and the way we expected. Thanks a lot EBizFiling team... RMTAG Solutions LLP

Hi, Welcome to EbizFiling!

Hello there!!! Let us know if you have any Questions.

Thank you for your message.

whatsapp