partnership to llp in india

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Partnership To LLP Package

  • Partnership to LLP

  • Rs9499

  • Expert Assistance
  • Complete online process
  • End-to-end compliance solutions
  • Track application status

Partnership to LLP in India

  • The Partnership Firm which wants to convert itself to LLP must be registered under Indian Partnership Act, 1932.
  • LLP incorporated by conversion of Partnership to LLP in Inida must have same partners as they were in the Partnership Firm.

Minimum requirements of Partnership to LLP in India

  • Up to date filing of Income tax returns
  • Partners shall receive consideration in the form of shares in LLP
  • Consent of all unsecured creditors for the proposed conversion
  • Minimum 2 partners
  • Atleast one of the designated partners shall be an Indian Resident
  • DPIN for all partners
  • DSC for all partners
  • Some sort of contribution from each partners.


Advantages of Partnership to LLP in India

  • Low set-up cost
  • Less compliance requirements
  • Tax benefits
  • Limited liability
  • Seperate legal entity


General FAQ - Partnership to LLP

Any individual/ organization can become partner of LLP including foreigners/NRI’s