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Conversion Of Business Into Company

Our service range includes a wide range of conversion of partnership firm into llp ( limited liability partnership) and conversion of private ltd company to llp.

Conversion of Partnership Firm Into LLP ( Limited Liability Partnership)


Conversion of Partnership Firm Into LLP ( Limited Liability Partnership)
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Approx. Rs 3,000 / UnitGet Latest Price

Service Details:
Company LocationPan India
Mode Of ServiceOffline & Online

Nowadays, many partnership firms are converting themselves into Limited Liability Partnership, because it provides some amazing benefits like  limited liability protection, no maximum limits for the number of partners, easy to transfer ownership, etc.

Typically the Partners in a Partnership Firm do not have a digital signature because it isnt necessary for the registration of a partnership firm. However, if the partners decide to convert the Partnership Firm into an LLP, then the  Digital Signature Certificate (DSC) is a mandatory requirement for all the Partners.

The Partners in an LLP or the  Directors in a Private Limited Company require a DIN / DPIN. A DIN is a unique number which is given to each partner or a director of an LLP. Once, a DIN/DPIN is issued, it can be used without any renewal or any compliance filing for the lifetime.

Once, two DIN/DPIN are available, an application for name reservation of the prospective company can be made to the Ministry of Corporate Affair. The Reservation of the name of the LLP must be obtained before filing the forms for conversion of the Partnership Firm into LLP.

Application and a  Statement of the Conversion of Partnership Firm into LLP (Limited Liability Partnership) i.e., Form 17  should be filed along with the incorporation application. The subscribers sheet should also be filed while converting a partnership firm into an LLP. After filling the form 17 the mentioned documents should be mandatorily attached with it:
  1. A Statement of consent of partners of the firm.
  2. A Statement of the assets and liabilities of the firm which is duly certified as a  true copy by a practicing Chartered Accountant.
  3. A Copy of the acknowledgment of the latest income tax return (Mandatory).
  4. Approval from any regulatory body/ authority (Mandatory).
  5. Prepare a list of all the secured creditors along with their consent to the conversion. It is Mandatory in case the consent of all the secured creditors for the conversion of the firm into a limited liability partnership has been.
  6. A Clearance or No Objection Certificate (NOC) from the Tax Authorities.

Once, an LLP Form 17 is filled it must be digitally signed by a Designated Partner from a professionally practicing Chartered Accountant/Cost Accountant/Company Secretary.

For the Conversion of a Partnership Firm into LLP, LLP Form 2 and LLP Form 3 must also be filed. LLP Form 2 contains theincorporation document and the subscriber statement along with the following attached documents:
  1. Proof of address of the registered office of the LLP.
  2. The Subscribers sheet with consent.
  3. In principle an approval of the regulatory authority, if required.
  4. The Details of LLP(s) and/ or company(s) in which the partner/ designated partner is a director/ partner (if any).

The LLP Form 3 contains the initial Limited Liability Partnership Agreement. This form can be filed once the Partnership Firm is converted into an LLP or while filing for the conversion of the Partnership Firm into LLP. The LLP Agreement must be attached with the  LLP Form 3.

On successful conversion of Partnership firm into LLP, the Registrar would then issue a Certificate of Incorporation of LLP and all the properties, assets, interests, rights, privileges, etc. of the firm are now transferred to the LLP.

However, any approvals/permit/license that is issued under any law to the Partnership Firm will not be automatically transferred to the Limited Liability Partnership. Therefore, fresh licenses or any registrations may be required. This aspect of conversion of a Partnership into LLP must be well considered before the conversion process.

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Conversion Of Private Ltd Company To LLP


Conversion Of Private Ltd Company To LLP
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Approx. Rs 15,000 / PersonGet Latest Price

Product Brochure
Service Details:
Registration Service TypeAny Company as per Requirement of Client
Type of LLPNational
Eligibility of LLPAs per Requirement of Client
Documents Required for LLPPan Card, Address Proof, Bank Statement, Photograph, Latest Balance Sheet, Bank Statement etc
Partners Required for LLPDirector and Partner must be same
Registration ForAs per Requirement of Clients
Type of ServiceExisting company modification

A Private Company may convert into LLP in accordance with the procedure prescribed in the Third Schedule.




4. Obtain name Approval Certificate from ROC.

5. DRAFTING OF LIMITED LIABILITY PARTNERSHIP AGREEMENT-It is not necessary to have the LLP Agreement signed at the time of incorporation, as the details of the same needs to field in e form 3 within 30 days of incorporation but in order to avoid any dispute between the partners as to the terms & conditions of the agreement after the conversion into LLP.

6. FILLING OF INCORPORATION DOCUMENTS-File E-Form- 2 with ROC along with following ATTACHMENTS Proof of Address of Registered office of LLP. Subscription sheet signed by the promoters.

(Notice of Consent & Appointment of Designated Partners with their personal details)

Detail of LLP(s) and/ or company(s) in which partner/ designated partner is a director/ partner


File E-FORM- 18 with ROC along with following ATTACHMENTS

Statement of shareholders.

Incorporation Documents & Subscribers Statements in Form 2 filed electronically.

Statement of Assets and Liabilities of the company duly certified as true and correct by the auditor.

List of all the Secured creditors along with their consent to the conversion.

Approval of the governing council (In case of professional private limited companies)

NOC from Income Tax authorities and Copy of acknowledgement of latest income tax return.

Approval from any other body/authority as may be required.

Particulars of pending proceedings from any court/Tribunal etc.




Copy of Certificate of Incorporation of LLP formed.

Copy of incorporation document submitted in Form 2


Our Professional Charges will be Rs 15,000/- ( Rupees Fifteen Thousand Only ) - Bank Account as per detail given below


Additional Information:

  • Item Code: ConversionofPvtLtdCotoLLP
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    Anuj Kumar Mittal (Partner)
    A V K M & Associates
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