Eligibility
Filings current, consents available.
All roc & corporate compliance services
ROC & Corporate Compliance
LLP to Private Limited Conversion
When an LLP needs equity investors, ESOPs or a company structure, it can convert into a private limited company. FinAura checks eligibility and the tax conditions, prepares partner consents and the documents, files the conversion with the Registrar, and completes the steps after the company is registered: PAN, GST, bank accounts, licences and the first board meeting.
- Certification through associate practising CAs and CSs
- Bangalore and across India
- Reply within one business day
What is covered
What LLP to Private Limited Conversion Covers
From the partners' decision to a running company.
Tax conditions
For a tax-neutral conversion.
Documents
Consents, memorandum, articles.
Registrar filing
Conversion application filed.
After conversion
PAN, GST, bank, licences.
First steps
Board meeting, auditor, registers.
How the month runs
How It Works
Check, prepare, convert, transition.
Step 1
Check
- Filings up to date
- Creditors
- Tax conditions
Step 2
Prepare
- Partner consents
- Name
- Constitution
Step 3
Convert
- Application filed
- Queries
- Certificate
Step 4
Transition
- Registrations moved
- Bank
- First board meeting
Your part
What We Need From You
- 01LLP agreement and filings
- 02Latest financial statements
- 03Partners' consents and KYC
- 04List of registrations and licences
Our part
What You Get
- A clear view of tax implications
- Conversion filed and certified
- Registrations moved to the company
- Compliance set up from day one
A common question
Is conversion from LLP to company taxable?
It can be tax-neutral if the conditions in income-tax law are met: broadly, all partners become shareholders in the same proportion and assets and liabilities pass to the company. If not, the transfer can be taxed.
We check the conditions before you file, so the structure change does not bring an unexpected tax bill.
See choosing a business structureCompanyRegistrations moved
ConversionRegistrar approval
LLPFilings current
Who it is for
Who It Is For
LLPs raising equity
Investors prefer companies.
LLPs planning ESOPs
Only companies can issue them.
Growing professional LLPs
Moving to a company.
LLPs applying for DPIIT benefits
Structure for funding.
The rules, in plain English
What the Law Says
Companies Act, 2013
Section 366
Entities such as LLPs can apply to be registered as a company under the Act, with the consent of their members and on meeting the conditions set.
Official source: mca.gov.inIncome-tax law
Conversion conditions
A conversion is not treated as a taxable transfer only if the conditions in the law are met, such as partners becoming shareholders in the same proportion.
Official source: incometax.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
LLP to Private Limited Conversion: Questions, Answered
Can an LLP be converted into a private limited company?
Yes, under the Companies Act's provisions for registering an LLP as a company, with partners' consent and the Registrar's approval.
What happens to the LLP's PAN and GST?
The company gets its own registrations; existing registrations are transferred or cancelled and new ones obtained, which we coordinate.
Is the conversion tax-free?
It can be, if income-tax conditions are met. We check them before filing.
Have you done this before?
Yes, for clients; we handle it end to end.
Often Taken Together
All 14 ROC & Corporate Compliance services01ROC & Corporate ComplianceAnnual LLP FilingsThe statement of accounts and solvency and the annual return every LLP must file, even with no business.02ROC & Corporate ComplianceEvent-Based FilingsDirector appointments and resignations, registered office changes, share allotments, capital increases, charges and resolutions filed within their time limits.03Startups, Setup & GrowthBusiness Setup & RegistrationsCompany, LLP, startup, MSME and trademark registration, with compliance ready from day one.04Tax & ComplianceTaxationGST, income tax, TDS, tax planning and notice replies, from reconciled data.