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Package inclusion:

  1. Best Consultancy by Expert CA
  2. Name Reservation
  3. Filing of Form URC-1
  4. Getting the Certificate of Incorporation
  5. PAN & TAN

₹ Convert your LLP into Company and unleash the power of your Business, get it converted with the help of ComplyKart professionals easy and hassle-free

  • Complete solution for starting a Nidhi Company, including incorporation of limited company, issue of shares and obtaining Nidhi status.

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LLP TO PRIVATE LIMITED COMPANY

Although LLPs have less compliance and less statutory cost involved into, entrepreneurs willing to expand their business and raise Equity need to have their business in most dynamic form of business which is Private Limited Company. A LLP can be converted into a Company without affecting the Capital Gains. ComplyKart is the Industry leader in the helping Corporates in complying with the Rules with passion.

What is a Limited Liability Partnership?

A Limited Liability Partnership is a hybrid type of partnership where the liabilities of partners remain limited upto the extent of their share of profit. A LLP is a new type of business launched by MCA in order to ease of doing business. It can be started with minimum 2 partners and can be increased as many. A LLP is better for entrepreneurs having small income and need less expenses and statutory expenses as it does not require Audit until the turnover reaches to 40 Lakh.

What is a Private Limited Company?

A Private Limited Company is a most sought after form of business due to its dynamic nature. A Private Limited Company is always the best choice as it is trusted by investors and stakeholders. There are many ways of restructuring a company which making it more lucrative. A Private Limited Company required only 2 persons to start with and can be increased upto 200 having limited liabilities of all of them. It is easy to get the investment in a Company and increase the Share capital of Company.

Advantages of Private Limited Company

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Separate Legal Entity

Private Limited Company is considered as legal person as it is separate than its shareholders. It can sue others or can be sued. It can hold property and carry other legal capacities.

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Limited Liability

The liability of shareholder of a Company remains limited which means your personal assets are quite safe. The Company is liable to pay all its debt you are protected.

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Immortal

The Private Limited Company carries a dynamic nature. It does not get wind up when owners change, there can always be a transfer of shareholding.

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More Trustworthy

A Private Limited Company is trusted by all the stakeholder and can borrow money easily because of its compliances and regulatory requirement

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Potential to grow big

This is the most important factor. A Private Limited Company can grow well if handled with professionally. It can be restructured well and share can be increased in no time.

Procedure for Conversion

  • 1

    The partners of LLP hold meeting and pass a resolution to convert their LLP into Company and apply for conversion under Section 366 of the Companies Act, 2013.

  • 2

    Obtain the name approval by the Ministry of Corporate Affairs by filing RUN Form with attached Resolution of the partners of LLP. Name is approved normally in 2 days.

  • 3

    The Director Identification number is also required to be obtained by the Directors as it is a pre-requisite to have DIN to be appointed as a Director

  • 4

    Once the name of the Company is approved, Form URC-1 s required to be filed with mandatory documents and MOA & AOA of the Company.

  • 5

    Upon filing of necessary documents with the Ministry of Corporate Affairs, Certificate of Incorporation is granted within 4-5 days along with PAN & TAN numbers

Documents required

Documents required

  • Complete List of the shareholders
  • Details of the first Directors to be appointed
  • Declaration if Form DIR-2 & DIR-8
  • List of names & addresses of partners of LLP
  • Copy of LLP agreement & Certificate of Registration
  • Consent or No objection certificate from all creditors
  • Copy of Newspaper Advertisement
  • Statement of Accounts of the Company.

Compare your Options

Comparison of Popular Company Registration Options

All Features

Price

  • Recommended for
  • Venture Capital Funding
  • Limited Liability Protection
  • Dividend Tax
  • Deposits from public
  • Share Listing in Stock Exchange
  • Credibility

Public Limited

₹37899

  • Growth Stage and also for early stage with broad business vision
  • 10/10

Private Limited

₹12999

  • Early-stage entrepreneurs with broad business vision
  • 7/10

Limited Liability Partnership

₹7999

  • Professional service firms
  • 5/10

Why ComplyKart

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