CONVERSION OF PARTNERSHIP FIRM TO LLP
IDEAL FOR START-UPS GOING FOR FUNDING & GROWING BUSINESS CONTACT US BY FILLING THIS FORM
Partnership to LLP
After introduction of LLP Act in 2008, many Partnership Firms have started to convert their Partnership Firm to LLP. The reasons of conversion are self-evident such as ability to take unlimited number of partners, separate legal entity, limited liability and ease of ownership transfer. Because of these advantages of LLP over Partnership, LLP has become very popular amongst small and medium sized businesses.
The Partnership Firm which wants to convert itself to LLP must be registered under Indian Partnership Act, 1932. Unregistered Partnership Firm can’t be converted to LLP. LLP incorporated by conversion of Partnership Firm to LLP must have same partners as they were in the Partnership Firm. Therefore it is suggested that the Partnership Firm should retire all the Partners who do not wish to be a part of LLP and if new partners are to be added, they should be added after the incorporation of LLP.
Conversion of partnership to LLP is done through Legal Belief.
WHAT IS INCLUDED IN OUR PACKAGE
DPIN for 2 Partners
Digital Signature For 2 Partners
Name search & approval
LLP Agreement
ROC registration Fees
LLP Pan Card
WHAT IS INCLUDED IN OUR PACKAGE?
Complete our Simple Form
You are required to fill the details in our simple online questionnaire and submit documents.
START
Obtain DSC and DPIN from us
After submitting your documents we will provide you with DSC and DPIN.
12 WORKING DAYS
Verification and Name Approval
Details provided by you will be verified and then we shall apply for name approval.
2 WORKING DAYS
Document Submission
We will create all the required documents and file them with ROC on your behalf.
20-25 WORKING DAYS
Your work is completed.
Once your company is incorporated, we shall send you all the documents and DSCs
CONGRATULATIONS
ADVANTAGES OF LLP
WHY LLP REGISTRATION?
MINIMUM REQUIREMENTS FOR CONVERSION TO LLP
Up to date filing of Income tax returns
The partners shall receive consideration only by way of allotment of shares in LLP.
Consent of all the unsecured creditors for the proposed conversion in LLP.
Minimum 2 Partners.
At least 1 of the designated partners shall be an Indian Resident.
DPIN for all the Partners.
DSC for all the Partners.
There has to be some sort of contribution from each partner.
Faq's
– At least two members are required for LLP registration.
– Any individual/organization can become the partner in LLP including foreigners/NRI’s.
– Our procedure is 100% online. You won’t need to be available at our office or show up at any other office for the incorporation of LLP. A scanned copy of documents can be sent to us via mail, and we will handle the rest.
-There is absolutely no other payment. We will send you an invoice that is all-inclusive, with no hidden charges.
Legal Belief.com can incorporate a LLP in 14-20 days. The time taken also depends on relevant documents provided by the applicant and speed of approvals from government. To ensure speedy registration, please pick a unique name for the proposed LLP and make sure you have all the required documents before starting the registration process.
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