LLP is a legally recognized corporate entity, which integrates the features of both the Company and the traditional partnership firms.

Men in blue court and white shirt
Get in Touch

KNOW ALL ABOUT CONVERSION INTO LLP, STARTING FROM 6,999/- INR

Conversion into LLP

Here is all you need to know about the service you are looking for

LLP is a legally recognized corporate entity, which integrates the features of both the Company and the traditional partnership firms. LLP is especially suitable for small to medium-sized business enterprises and professionals particularly.

Having protection as it is registered; one partner will not be liable for any misconduct or negligence of another partner.

At ebizfiling, we will make the process of conversion of your Company into Limited Liability Partnership smooth and easy.

Building with glass finishing

Packages

Here are best alternatives you can get

ESSENTIAL

6999/-

(All Inclusive)

  • 1 DSC
  • Name Approval
  • Conversion of Private Limited into LLP
  • LLP Agreement
  • 1 PAN
  • 1 TAN

ENHANCED

13599/-

(All Inclusive)

  • 1 DSC
  • Name Approval
  • Conversion of Private Limited into LLP
  • LLP Agreement
  • 1 PAN
  • 1 TAN
  • SSI/MSME Registration
  • Trademark(1 application 1 class) (start ups, proprietorship & small business)

ULTIMATE

19999/-

(All Inclusive)

  • 1 DSC
  • Name Approval
  • Conversion of Private Limited into LLP
  • LLP Agreement
  • 1 PAN
  • 1 TAN
  • SSI/MSME Registration
  • Trademark (1 application 1 class) (start ups, proprietorship & small business)
  • 1st Income tax filing for non audit assessee
  • 1 Year TDS Filing upto 500 entries
  • 1st Annual Filing upto turnover of Rs. 40 Lakhs

Why Form Conversion into LLP?

Few points to make your decision easy

Minimal Compliance Level

  • Lesser compliance requirements
  • Less records maintenance

Automatic Transfer

  • Assets and liabilities of Company gets transferred to LLP
  • No instrument of transfer is required

Set Off Losses

  • Carry forward of unabsorbed depreciation
  • Carry forward of losses

Tax Benefits

  • Benefits of Minimum Alternate Tax
  • No Capital Gains tax on transfer of property

Number of Partners

  • No cap on appointing partners
  • Two designated partners are required

Continuation of Brand Value

  • The goodwill kept intact and continues to
  • Enjoys success story with legal recognition

Documents Required for Conversion into LLP

Quick Checklist

  • Two photographs of all designated partners
  • Self-attested PAN Card of all designated partners
  • Self-attested ID Proof of all designated partners (Driving License/Passport/Voter ID)
  • Self Attested Address Proof of all designated partners (Electricity Bill/Latest Bank Statement/Mobile Bill) (not older than 2 months)
  • Address Proof Of Registered Office (Rent Agreement/Lease Deed/Sale deed)
  • Electricity Bill of the Registered Office (not older than 2 months)
  • Signed DSC Form (template will be given by us)
  • Declaration by shareholders (template will be given by us)
  • Consent of designated partners (template will be given by us)
  • Subscriber Sheet (template will be given by us)
  • Details of existing shareholders of the company (template will be given by us)

Registered Office Proof

Lorem ipsum dolor sit amet, sit at prima debet convenire, graecis albucius disputando ex mei. Pro legimus efficiendi ne. In ius tincidunt philosophia, wisi facilisi incorrupte et per. Vim ne unum graece incorrupte, ignota vulputate inciderint ex quo. Sed ea adipisci lobortis evertitur, duo an maiorum nominati.

Registered Office Proof

Lorem ipsum dolor sit amet, sit at prima debet convenire, graecis albucius disputando ex mei. Pro legimus efficiendi ne. In ius tincidunt philosophia, wisi facilisi incorrupte et per. Vim ne unum graece incorrupte, ignota vulputate inciderint ex quo. Sed ea adipisci lobortis evertitur, duo an maiorum nominati.

Conversion into LLP Process Flow

A small procedure for your quick understanding

1

Complete simple form

2

Document verification name approval

3

Conversion from private limited company to LLP

4

Drafting LLP Agreement

5

Your Company converted in just 12 working days

Lorem Ipsum

Lorem ipsum dolor sit amet, sit at prima debet convenire, graecis albucius disputando ex mei. Pro legimus efficiendi ne. In ius tincidunt philosophia, wisi facilisi incorrupte et per. Vim ne unum graece incorrupte, ignota vulputate inciderint ex quo. Sed ea adipisci lobortis evertitur, duo an maiorum nominati.

Lorem Ipsum

Lorem ipsum dolor sit amet, sit at prima debet convenire, graecis albucius disputando ex mei. Pro legimus efficiendi ne. In ius tincidunt philosophia, wisi facilisi incorrupte et per. Vim ne unum graece incorrupte, ignota vulputate inciderint ex quo. Sed ea adipisci lobortis evertitur, duo an maiorum nominati.

Lorem Ipsum

Lorem ipsum dolor sit amet, sit at prima debet convenire, graecis albucius disputando ex mei. Pro legimus efficiendi ne. In ius tincidunt philosophia, wisi facilisi incorrupte et per. Vim ne unum graece incorrupte, ignota vulputate inciderint ex quo. Sed ea adipisci lobortis evertitur, duo an maiorum nominati.

FAQS

Get answers to all your questions here

  • Whether it is necessary for all partners or members to become partner of LLP post conversion?

    At the time of conversion, all the partners/members shall become the partnes of the LLP and thereafter new partners can be admitted and old can cease as per the LLP Agreement.

    Whether other business entities like firm or company would be able to convert themselves into LLP?

    Yes. The LLP Act 2008 contains enabling provisions pursuant to which a firm (set up under Indian Partnership Act, 1932) and private company or unlisted public company (incorporated under Companies Act) would be able to convert themselves into LLPs. Provisions of section 55 to 57 and Schedule II to Schedule IV to the Act provide procedure in this regard.

    Whether do we need to execute any instrument for transferring the assets & liabilities on conversion of company into LLP?

    On conversion of the Company/partnership into LLP, all tangible (movable or immovable) and intangible property vested in the company, all assets, interests, rights, privileges, liabilities, obligations relating to the company/firm  and the whole of the undertaking of the company shall be transferred to and shall vest in the limited liability partnership without further assurance, act or deed. The transfer of assets and liabilities will be made automatically on approval of conversion application and therefore there is no requirement of executing any deed.

    What are the basic conditions for conversion of company into LLP

    1. All the members of the Company shall become the partners of the LLP on conversion.
    2. No security interest in the assets of the company is subsisting or in force on the date of conversion i.e the assets are free of any encumbrance.
    3. Up to date Income-tax return has been filed under the Income-tax Act, 1961.
    4. Any clearance, approval or permission for conversion of the company into limited liability partnership if required from anybody/ authority. etc has been obtained.

    Still have confusion?

    Don’t worry!! Our expert will help you to choose best suitable plan for you. Get in touch with our team to get all your queries resolved. Write us on info@ebizfiling.com or call us @+91 9643 203 209.

Hi, Welcome to EbizFiling!

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

Thank you for your message.

whatsapp Call Now Button