Convert Pvt. Ltd. to LLP

Protecting your interest

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Description

A private limited company can be converted to an LLP with the consent of all shareholders and each shareholder has to be a partner in LLP. Further, there should not be any security interest on the assets of the private limited company.

benefits of conversion from private limited to LLP

  1.  Enjoy the benefit of limited liability
  2. Less compliance
  3.  Flexibility in decision making

 

 

The following documents have to be attached along with the application for conversion of the company into LLP:

  • Consent of each of the shareholders of the company in the given format.
  • Form 2 – Incorporation document
  • Form 3- Form of application and declaration of incorporation of an LLP.
  • NOC from tax authorities.
  • Statement of assets and liabilities from the company.
  • List of all the creditors along with their consent.
  • Authorization to make a declaration.
  • Optional attachments, if any.

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