Successfully Convert in 3 Easy Steps
Answer a few simple questions
Provide us your business details
Upload required documents
Pick a package that is a best fit
Opt for a convenient payment option
Let us do all the filing work
PAN and TAN Numbers
Limited Liability Partnership deed drafting
Your LLP is registered
100% satisfaction is guaranteed
Best in class customer care support
Why to convert Partnership Firm to LLP?
Be a Part of PM Modi's vision for Startup India and claim subsidies, register Patents & get on list of VCs / PE's for Funding
Limited Liability of each Shareholder (Owner) to the extent of capital, thus protection of your personal assets.
Distribution of Post Tax profits to partners with no additional tax liability. Hence, creation of Individual Partners Net Worth is greater
Frequently Asked Questions
A limited liability partnership can be started with any amount of capital. A partner's tangible or intangible assets can be counted as a benefit to the LLP.
To incorporate a Limited Liability Partnership, a minimum of two people are required. A Limited Liability Partnership must have a minimum of two Partners and can have a maximum of any number of Partners.
The Designated Partners needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, the LLP Act 2008 allows Foreign Nationals including Foreign Companies & LLPs to incorporate a LLP in India provided at least one designated partner is resident of India.
An address in India where the registered office of the LLP will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.
For Indian citizens, a PAN card is required. Address proof and identity proof is also mandatory. In addition, the landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof.
Once a Limited Liability Partnership is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the LLP will become a Dormant and maybe struck off from the register after a period of time.
Yes, an existing partnership firm or a company that is unlisted can be converted into LLP. There are many advantages of converting a partnership firm into a LLP; however, the same doesn't apply for the conversion of a Company to a LLP.
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For a company to grown and flourish, it needs assistance and support. At LegalWiz.in, we provide online assistance for conversion of your partnership firm to an LLP. Conversion of one’s partnership firm to LLP gives a better and more flexible structure. It is better than a partnership firm because it puts limited liability on the partners. Our qualified team of legal professionals, chartered accountants and company secretaries are always available to assist you with all the legal and administrative aspects of the registration, conversion, and drafting of partnership deed to LLP and post registration aspects that are required to be fulfilled to convert partnership into a limited liability partnership. We assure highest quality standard backed by 100% customer satisfaction. To change from partnership to LLP you would be required to follow certain quick and easy steps and provide LegalWiz with the required documents and we would convert your partnership firm to a limited liability partnership firm. Subject matter experts are available on call or via email to answer your queries. We also provide a full spectrum of post conversion services related to SSI/MSME Registration, GST Registration, Service Tax Return Filing, TDS Return Filing, Trademark Registration, Trademark Objection, Trademark Assignment, Trademark Renewal, Copyright Registration, Bookkeeping, Legal Drafting, Accounting, Import Export Code registration etc. We offer services through an online model and a network of trusted affiliates across all major cities in India including Mumbai, Delhi, Ahmedabad, Pune, Bangalore, Hyderabad, Vadodara, Kolkata, Chennai, Noida, Gurgaon, Surat, Rajkot and others.