Learning Hub        Contact us        Call:  +91 70661 55000

Facebook Whatsapp Twitter Youtube Linkedin Instagram Telegram Hm-play-store
Login/ Signup

Call us:
+91 70661 55000

Contact us

Learning hub

Login/sign up

Edit Content
Edit Template

Convertion of LLP to Pvt. Ltd. Co.

  • SureTax Fincare simplifies the process of Registration, Compliance & Management of your business, by making it more convenient than ever.
  • Completely online, Quick & Hassle free process – Our Services can be availed from any Location in India or Abroad.
  • Our team of CA-accredited professionals provide expert guidance throughout every stage of the process

Talk to an expert for Free: 70661 55000

Convertion of LLP to Pvt. Ltd. Co.

  • SureTax Fincare simplifies the process of Registration, Compliance & Management of your business, by making it more convenient than ever.
  • Completely online, Quick & Hassle free process – Our Services can be availed from any Location in India or Abroad.
  • Our team of CA-accredited professionals provide expert guidance throughout every stage of the process

Talk to an expert for Free: 70661 55000

Overview

The main purpose of converting an LLP to a Pvt Ltd is to improve the credibility, recognition, and flexibility of the business, and to secure investments and loans more easily.

Process

LLP to Pass a board resolution

Approval from the Registrar of Companies (ROC)

Amendment of LLP Agreement

Issuance of new certificate of incorporation

Changes to the company name

Filing of necessary returns

Eligibility

  • Paid-up capital:

    The paid-up capital of the OPC should not be less than INR 2 lakhs or such higher amount as may be prescribed.

  • Turnover:

    The average annual turnover of the OPC should not exceed INR 2 crores in the preceding three financial years.

  • Shareholders' consent:

    The consent of all the shareholders of the OPC must be obtained in writing.

  • Directors:

    The OPC should have a minimum of two directors.

  • Compliance with Companies Act 2013:

    The OPC must have complied with all the provisions of the Companies Act 2013 and the rules made thereunder.

Certificate of Registration

A Certificate of Registration is a document that is issued by the Registrar of Companies (ROC) in India to acknowledge the completion of the process of converting a Limited Liability Partnership (LLP) to a Private Limited Company.
This certificate confirms that the company has met all the requirements and formalities as per the Companies Act 2013 and has been registered as a Private Limited Company with the ROC.
Once the conversion process is completed, the ROC will issue a Certificate of Registration to the company, which serves as proof of its status as a Private Limited Company.
Convertion of LLP to Pvt. Ltd. Co.

" Taxation on the Conversion of LLP To Private Limited Company"

  • The Conversion of Limited Liability Partnership (LLP) to a Private Limited Company (Pvt Ltd)could result in tax liability, however, certain tax exemptions may also be available.
  • Therefore, it's highly recommended to consult our professional experts at Sure Tax Fincare, to ensure compliance with the regulations and laws.

Contact us

Important Links

Tools

All Rights Reserved © Suretax

Book a free conultation