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MCA / ROC Compliance

Partnership to LLP Conversion

Convert your registered partnership firm to an LLP — gain limited liability while preserving operational flexibility and continuity.

Typical timeline: 20–30 business days

Key Benefits

Partners gain limited liability protection from business debts
Lower annual compliance burden compared to a Private Limited Company
Business continuity — same business continues in a new legal entity
No stamp duty on property transfers in most states
Tax neutral conversion under Sec 47(xiiib) of the IT Act
Existing contracts and client relationships can continue

Eligibility & Requirements

  • Partnership firm must be a registered firm
  • All partners must become designated partners of the new LLP
  • File Form 17 with MCA for incorporation and conversion
  • All partners must have DPIN (Designated Partner Identification Number)

Documents Required

Partnership Deed and Registration Certificate
Partnership firm ITR for last 3 years
PAN and Aadhaar of all partners
List of assets and liabilities
Affidavit and consent of all partners

Frequently Asked Questions

What is Form 17 in LLP conversion?

Form 17 is the application to the Registrar of Companies to convert a registered partnership into an LLP. It is filed along with Form FiLLiP (for incorporation) and includes all partner details, firm registration, and solvency statement.

Are there tax implications in partnership to LLP conversion?

Sec 47(xiiib) provides tax neutrality — no capital gains tax is triggered if: all assets and liabilities transfer to LLP, partner capital ratios remain the same, and profit-sharing ratio in LLP mirrors the partnership deed. Our CA team ensures these conditions are met.

Get Started Today

Free consultation · No commitment required

Timeline: 20–30 business days
Starting at ₹7,999
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