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Private Limited Company To LLP

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Converting a Private Limited Company to a Limited Liability Partnership (LLP) offers numerous benefits, including greater flexibility and reduced compliance requirements. Regitimate provides expert services in Pune and Nagpur to ensure a smooth and legally compliant transition. Our experienced legal and CA professionals handle the entire process, from documentation to final approval, so you can focus on your business growth.

What is a Pvt Ltd to LLP Conversion?

This conversion allows a Private Limited Company to become a Limited Liability Partnership, combining the benefits of limited liability with the flexibility of a partnership. Governed by the LLP Act, 2008, it simplifies business management while maintaining legal protections.

Benefits of converting to an LLP Who should consider this conversion?
  • Reduced Compliance: Fewer regulatory requirements compared to a Pvt Ltd company.
  • Limited Liability: Protects partners’ personal assets from business liabilities.
  • Flexible Management: Easier decision-making and operational flexibility.
  • Tax Efficiency: LLPs enjoy tax benefits like no dividend distribution tax.
  • Lower Costs: Reduced compliance and administrative costs.
  • Small and medium-sized businesses.
  • Professional services firms.
  • Startups seeking operational flexibility.
 
Our Pvt Ltd to LLP Conversion Services:

Name Reservation:

Securing the LLP’s name with the Ministry of Corporate Affairs.

Document Preparation:

Drafting and filing the necessary resolutions and forms.

Filing Application:

Submitting conversion documents with the Registrar of Companies.

LLP Agreement Drafting:

Creating a comprehensive agreement outlining roles and responsibilities.

Post-Conversion Compliance:

Assistance with PAN, TAN, and GST updates.
Why Choose Regitimate?

Expert Guidance:

Skilled legal and CA professionals with extensive experience.

End-to-End Support:

Comprehensive assistance from planning to post-conversion compliance.

Quick Processing:

Efficient handling to minimize downtime and disruption.

Customized Solutions:

Tailored services based on your business needs.

Transparent Pricing:

Clear and upfront costs with no hidden fees.

Ongoing Compliance:

Support with annual filings and legal requirements.
Frequently Asked Questions (FAQ's):
How long does the conversion process take?

It usually takes 20-30 working days.

What documents are needed for the conversion?

Company’s incorporation documents, financial statements, and partner details.

Will the company’s assets and liabilities transfer to the LLP?

Yes, all assets, liabilities, and obligations transfer seamlessly.

Is there a minimum capital requirement for an LLP?

No, there is no minimum capital requirement for LLPs.

Can foreign nationals be partners in an LLP?

Yes, foreign nationals and NRIs can be designated partners.

What happens to existing contracts and licenses?

They need to be transferred to the LLP through proper legal documentation.

Why choose Regitimate for this conversion?

Our expertise, quick service, and commitment to compliance ensure a smooth and stress-free transition.

Get Started Today:

Simplify your business structure with Regitimate’s Pvt Ltd to LLP conversion services in Pune and Nagpur. Contact us today to begin your journey.