ComplyKart Services
Convert your Company into LLP and get rid of unnecessary expenses, get it converted with the help of ComplyKart professionals easy and hassle-free
Package inclusion
- Best Consultancy by Expert CA
- Name Reservation
- Filing of Form-2, 3 & MGT-14
- Document Drafting and LLP Agreement
- Post conversion compliances
Get a call back
Your details stay private — we only call about this enquiry.
Experience behind every filing
A quick snapshot of the work so far.
Fees
Fees and packages for private company to llp
Every requirement is a little different, so we quote after a short discussion — the consultation itself is free.
Private Company to LLP
Talk to a ComplyKart expert — we’ll understand your requirement and share an exact written quote before you pay anything.
Private Company to LLP Conversion Package Inclusions
- Conversion eligibility and tax implication review
- Shareholder consent and NOC documentation
- FiLLiP filing for the converted LLP
- LLP agreement drafting for the new entity
- Certificate of registration follow-up
Overview
PRIVATE LIMITED COMPANY INTO LIMITED LIABILITY PARTNERSHIP
Now a days many of the Private Limited Companies are converting them into LLP due to many reasons like its hybrid nature of business, less statutory expenses and maintenance expenses and further other benefits. A LLP is always a best choice for entrepreneurs looking to considerable small and stable Business. ComplyKart is the industry leader to help entrepreneurs to register and manage their business with ease and passion.
What is a Private Limited Company?
Private Limited Company is a most sought after form of business in recent times because of its private nature and expansion friendly nature. The liability of this type of entity is limited. A private limited company can be started with minimum of 2 people and can have a maximum number of 200 shareholders and can be restructured in many ways. One should always go for a Private Limited Company when he has plans for expansion and equity funding.
What is Limited Liability Partnership?
LLP is a new form of business started by Ministry of Corporate affairs recently in order to promote ease of doing business in India. It is becoming most attractive form of business because it offers almost all the benefits of a private limited company without any downside of a partnership firm. A LLP can be formed with minimum 2 partners and carries less expenses in comparison to a Private Limited Company. A LLP is similar to a partnership with a difference of limited liability of partners. One partner is not liable for the wrongful act of other.
Benefits
Advantages of LLP
Open each benefit to see what it means for you.
Limited liability
As evident from the name, the Limited liability partnership limits the liabilities of a single partner towards a business and keeps each of them responsible for the smaller fragment of the business. This further divides the risk of the business and keeps each partner answerable for their own part of the business
Separate Legal Entity
LLP is a separate entity in the eyes of Law therefore it can take loans, purchase or sell Assets, or do any activity through its partners that an individual businessman does.
Easily Transferable
The business of a LLP is easily transferable. One can transfer the business of LLP by inducting them as partners in the LLP. As LLP is a separate legal entity, it’s ownership can be changes by inducting partners
No Audit Required
Audit is only necessary where the turnover is less than Rs. 40 Lakh or capital contribution of Rs. 25 Lakh for a LLP. Small businesses do not required to pay unnecessary Audit fees.
Easy windup process
Similar to its easy formation process, it is smooth in winding up. It just take two month to get it close while private limited company yields the whole one year to get nearby winding up.
Documents
Documents Required
Clear, current documents matter more than a long checklist. Names, dates of birth and addresses should match across records.
Documents Required
Process
Procedure of conversion
You’ll see each stage, what’s pending and what we need from you — so filings don’t bounce back.
Convene Board Meeting
Convene a Board Meeting of Directors and pass necessary resolutions for conversion and obtain name approval from the Ministry
Name Approval
As per the resolution passed in the Board Meeting of Directors, RUN-LLP is filed for name approval with Board Resolution as an attachment.
Drafting LLP Agreement
The most important step is to draft a LLP Agreement professionally as it carries all the rights and responsibilities of partners.
Filing of Incorporation Form
Once the Agreement is drafted Incorporation Form in Form-2 is required to be filed with Registered Office and subscribers details and their consent
Application For Conversion
Application for conversion is to be submitted to the ROC in Form 18 which carries the statement of shareholders, Statement of Assets and Liabilities, NOC of Creditors & Income Tax Authority.
Filing of Form-3
Upon filing of Form-2, certificate of Incorporation is given, now the LLP agreement signed by all the partners is required to be filed with Registrar in Form-3 and attached COI.
Filling of FORM-14
Once COI is received, Form MGT-14 is required to be filed to the registrar within 15 days with attached COI and other necessary documents
Why ComplyKart
How ComplyKart can help
You should know who’s doing what. Open a stage to see how the work is shared.
Consulting & Strategy
Our conversion experts will give you the best consulting and prepare the strategy for conversion of your Company into LL...
Client’s growth
Our services are aimed at achieving growth for clients. We can provide necessary guidance for understanding the conversi...
Competence is our strength
We make every effort to stay updated with the rules and regulations by MCA. This enables us to deal with client’s needs...
Always there for you
The assurance of a dedicated workforce including support staff and managers can be a promising factor in the conversion...
Post Conversion Compliance
Once the conversion is approved by the Authority you need to comply with certain rules which we help you to Comply and k...
If a founder or investor is outside India
Foreign ownership is possible in many sectors, but it adds document authentication, banking and FEMA work. Set the route before funds move.
Plan before you start
- Check whether your sector permits automatic-route foreign investment
- Confirm the Indian resident director arrangement
- Map ownership, beneficial ownership and pricing
- Allow time for apostilled or consularised documents
Plan for after setup
- Receive funds through permitted banking channels
- Complete RBI/FEMA reporting and keep the bank evidence
- Coordinate tax and ongoing compliance advice early
What clients say about working with us
Real stories from businesses we've worked with.
Our Trademark was applied in all the classes with a short span of time by Complykart Trademark Experts and I can say the level of expertise and commitment they carry is remarkable. It's an A+ from my side. We are now sticking to ComplyKart only.
I found the professionalism of the staff at complykart.com, a pleasure to work with. As a foreigner to India, they took the time to explain the documentation and assisted in every question I raised. I was pleased that complykart.com made it easy for my Business.
Trust, Commitment, Dedication and responsiveness are the best things with ComplyKart. Thanks for handling our Merger assignment with so much care. After my business disputes, complykart handles all things with own sense of understanding.
Get a free consultation
Talk to a ComplyKart professional about private company to llp — no obligation, no spam.