Partnership To LLP

What is Partnership To LLP

Convert your partnership firm to Limited Liability Partnership. Complete conversion with asset transfer.

What is Included:

• Partnership Dissolution
• LLP Incorporation
• Asset & Liability Transfer
• GST Transfer
• Agreement Drafting

What's Included:

• Dissolution
• LLP Formation
• Asset Transfer
• GST
• Agreement

Process for Partnership To LLP

Company Registration in India will boost the progress of startups and provide an additional edge over those who have not registered. The Ministry of Corporate Affairs governs the company registration process with rules and regulations framed in accordance with the law.

Documents Required For Partnership To LLP

1. Partnership deed
2. Partnership PAN
3. Financial statements
4. Asset and liability list
5. Partners PAN/Aadhaar
6. LLP agreement
7. Transfer agreement
8. Dissolution deed

Benefits Of Partnership To LLP

1. Limited liability protection
2. Lower compliance burden
3. Partnership continuity
4. Tax benefits
5. Separate legal entity
6. Professional structure
7. Easy partner changes
8. Better credibility

Checklist/Minimum requirement

1. Minimum 2 Shareholders
2. Minimum 2 Directors
3. The directors and shareholders can be the same person
4. One of the Directors must be Indian Resident
5. Minimum Authorized Share Capital 100,000 (INR One Lac)
6. DIN (Director Identification Number) for all Directors
7. DSC (Digital Signature Certificate) for 2 Promoters & 1 witness