LLP To Private Limited Company


LLP To Private Limited Company

Conversion of Limited Liability Partnership to Private Company is usually in response to different challenges entrepreneurs face during the growth phase of a business.

Process

  • Hold a meeting of Designated Partners and authorise the partners to take necessary steps for conversion.
  • Submitting name application through RUN facility.
  • File e-form URC-1 with the required documents
  • File Spice e-forms for Private Limited Company Registration.
  • Drafting business takeover agreement and complying with the provision of Income Tax Act
  • Takeover of Business

Documents Required

  • Copy of LLP Agreement
  • List of proposed directors
  • List of proposed members
  • Copy of latest income tax return
  • Statement of Assets and Liabilities
  • Consent of Partners and Creditors
  • Form DIR-2
  • Form INC-9
  • Registered Office documents

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