Conversion of LLP into Private Limited
The Ministry of Corporate Affairs allowed all the LLPs for Conversion into Private Limited Company in 2016. There are many businesses which start as Limited Liability Partnership (LLP) get converted into Private Limited Company crucially for growth in business and External Funding. It is converted under Section 366 of the Companies Act, 2013 and the rules made thereunder to get the benefits available with Private Limited Company.
Convert your LLP into Private Limited Company to enjoy the privileges available with Private Limited.
Our Exclusive Packages at Affordable Prices
BASIC PACKAGE @15,000/-
2 DIN (
)
1 DSC ()
MOA & AOA ()
Drafting of other Legal Documents ()
Intimation to ROC ()
PAN & TAN ()
Certificate of Incorporation ()
Certificate of Commencement of business ()
PAN surrender ()
Department follow up ()
GST Registration (
)
Logo Designing ()
Trademark Registration () (Excluding Government Fee)
Domain Name Registration & Web Hosting for one Year ()
Website Designing ()
Experts Assistance ()
ADVANCE PACKAGE @20,000/-
2 DIN ()
2 DSC ()
MOA & AOA ()
Drafting of other Legal Documents ()
Intimation to ROC ()
PAN & TAN ()
Certificate of Incorporation ()
Certificate of Commencement of business ()
PAN surrender ()
Department follow up ()
GST Registration ()
Logo Designing ()
Trademark Registration () (Excluding Government Fee)
Domain Name Registration & Web Hosting for one Year ()
Website Designing ()
Experts Assistance ()
PREMIUM PACKAGE @25,000/-
2 DIN ()
2 DSC ()
MOA & AOA ()
Drafting of other Legal Documents ()
Intimation to ROC ()
PAN & TAN ()
Certificate of Incorporation ()
Certificate of Commencement of business ()
PAN surrender ()
Department follow up ()
GST Registration ()
Logo Designing ()
Trademark Registration () (Excluding Government Fee)
Domain Name Registration & Web Hosting for one Year ()
Website Designing ()
Experts Assistance ()
List of Documents Required for Converting LLP into Private Limited Company
From Partnership Firm
-
- LLP Deed (add conversion clause if not already written)
- Latest Income Tax Return
- Latest Audited Financial Statements
- Proof of Registered Office Address
From Proposed Shareholders & Directors
-
- Passport Size Photograph
- Aadhar Card
- PAN Card
- Identity Proof (Voter Id Card/ Driving License/ Passport)
- Address Proof (Latest Bank Statement / Copy of Passbook first page & Copy of transactions)
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Why To Choose Us?
Frequently Asked Questions (FAQs)
What is the Conversion of LLP into Private Limited Company?
When all the partners of LLP mutually decide to convert the LLP into Private Limited Company then this process is known as Conversion of LLP into Private Limited Company.
What are the similarities between LLP and Private Limited Company?
- Tax Benefits
- Separate Legal Existence
- Limited Liability
What are the differences between LLP and Private Limited Company?
|
BASIS |
LLP |
Private Limited Company |
|
Applicable Law |
LLP Act, 2008 |
Companies Act, 2013 |
|
Minimum Authorized Share Capital |
N/A |
1 Lakh |
|
Members |
Minimum – 2 |
Minimum – 2 |
|
Directors |
Minimum – 2 Designated Partners |
Minimum – 2 |
What are the Pre-Requisites for Conversion of LLP into Private Limited?
- LLP shall be registered with MCA
- LLP must have at least 2 partners
What are the benefits of Conversion of LLP into Private Limited Company?
- Preserve the Brand Value of LLP
- Carry Forward the Unabsorbed Losses & Depreciation
- External Fund
- High Turnovers in Private Limited
What are the Documents required for Conversion of LLP into Private Limited Company?
- PAN Card
- Identity Proof – Driving License/ Passport/ Voter ID Card
- Latest Passport Size photographs
- Address Proof – Bank Statement (not older than 2 months)
What is the Process of Conversion of LLP into Private Limited?
- Publish Advertisement – Form URC-2
- Obtain DSC & DIN
- Name Approval
- File Form URC-1