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Conversion of Partnership Firm to LLP

Assistance in converting an existing partnership firm into an LLP, ensuring compliance with the LLP Act, 2008.


Plan Overview

A Partnership Firm can be converted into a Limited Liability Partnership (LLP) under the LLP Act, 2008

This conversion allows existing partners to retain their business structure while benefiting from limited liability, separate legal identity, and ease of compliance. 

An LLP is also more credible in the eyes of banks, vendors, and clients, making it a strategic move for growth-oriented partnerships.

Services Included

DSC Charges

Documents Required

For Existing Partners:

  1. PAN Card
  2. Aadhaar Card/Passport/Voter ID/Driving License
  3. Passport-size photograph

For the Firm:

  1. Original partnership deed
  2. Statement of assets and liabilities (certified by a Chartered Accountant)
  3. Latest Income Tax Return acknowledgment
  4. Consent of all partners for conversion

For Registered Office:

  1. Utility bill
  2. Rental agreement (if applicable)
  3. NOC from the owner

Process

10-15 Days Estimate

Step 1

Obtain DSC for All Partners:

  1. Required for e-filing forms on the MCA portal.
Step 2

Apply for Name Reservation:

  1. Submit an LLP-RUN form to reserve the name of the new LLP.
  2. Use the same name as the partnership firm, followed by "LLP".
Step 3

Filing of Form FiLLiP:

  1. File Form FiLLiP for incorporation of LLP with details of partners, registered address, and attachments.
     
Step 4

Filing Form 17 (Conversion):

  1. File Form 17 along with FiLLiP to apply for conversion from a partnership firm to an LLP.
  2. Attach:
    • Statement of assets and liabilities
    • Copy of partnership deed
    • Consent of partners
Step 5

Certificate of Incorporation:

  1. Once approved, you will receive the LLP Certificate of Incorporation, and the firm will now officially be an LLP.
Step 6

Post-Incorporation Compliance:

  • Draft and execute the LLP Agreement.
  • Apply for PAN, TAN and update registration details with banks, tax departments, and other regulatory bodies.

Review

Average Rating
4.7