Why LLP may be better than a partnership structure.
Conversion
Relevant for:For SMEs
Partnership Firm to LLP Conversion
Retain the partnership character of your business while gaining limited liability, formal governance and improved credibility with clients and banks.
Advantages of LLP Over Partnership Firm
- Limited liability for partners — personal assets protected.
- Separate legal entity distinct from its partners.
- No unlimited liability for partner acts in the ordinary course.
- Easier banking, contracting and credibility with clients and lenders.
Conversion Process Under LLP Act
- Form 17 application with consent of all partners.
- LLP incorporation documents — Form FiLLiP, DSC and DIN.
- Issue of LLP incorporation certificate by MCA.
- Dissolution of the partnership firm and asset/liability transfer to the LLP.
Our Service Scope
- Eligibility check and conversion structure memo.
- Form 17 preparation and complete MCA filing.
- Alignment of existing partnership deed with the new LLP agreement.
- GST/PAN transition and banking signatory updates.
- Post-conversion compliance — annual return, statement of accounts, ROC filings.
Guides & Resources
Ongoing compliance once your partnership converts to LLP.
If you are considering going further to a company.
Upgrade Your Partnership to an LLP
Expert-led conversion with Form 17 preparation, MCA filings and full transition support.