🔄 Conversion of LLP to Company / Company to LLP

⚖️ Transform Your Business Structure for Greater Flexibility, Compliance, and Growth

Business needs evolve — and so should your structure.
At KLS Advisors, we provide end-to-end legal and procedural assistance for converting a Limited Liability Partnership (LLP) into a Private Limited Company or vice versa, ensuring a seamless transition with complete regulatory compliance under the Companies Act, 2013 and LLP Act, 2008.

💡 Why Consider Conversion?

Your business structure impacts taxation, credibility, liability, and scalability.
Whether you’re an LLP aiming for corporate growth or a company seeking operational simplicity, conversion offers strategic advantages.

✅ LLP to Company Conversion – Ideal When You Want To:

• Raise equity funding or attract venture capital

• Build corporate credibility for expansion

• Offer ESOPs to employees or investors

• Enjoy structured governance and reporting

✅ Company to LLP Conversion – Ideal When You Want To:

• Simplify compliance and reduce regulatory costs

• Gain flexibility in profit sharing and operations

• Benefit from pass-through taxation (no dividend tax)

• Reduce administrative overhead while retaining limited liability

⚙️ Conversion of LLP to Private Limited Company

Process Overview:

1. Obtain Name Approval from MCA (RUN Form)

2. Prepare MOA & AOA aligned with LLP agreement

3. Filing of Incorporation Forms (SPICe+)

4. Consent of Partners and No Objection Certificate

5. Valuation of Assets & Liabilities by Chartered Accountant

6. Issue of Share Certificates to LLP partners as shareholders

7. Apply for PAN, TAN & Bank Account Update

Key Requirements:

• At least two partners become directors in the new company

• The LLP must be registered and operational

• All assets and liabilities of LLP are transferred to the company

⚙️ Conversion of Private Limited Company to LLP

Process Overview:

1. Hold Board & Shareholder Meetings for approval

2. Apply for Name Reservation via RUN-LLP Form

3. File Form FiLLiP with MCA for incorporation of LLP

4. File Form 18 for company-to-LLP conversion

5. Obtain Certificate of Registration from MCA

6. Transfer Assets, Liabilities, and Contracts to LLP

7. Update PAN, GST, and Licenses

Key Requirements:

• All shareholders become designated partners in LLP

• No outstanding charges or liabilities with ROC

• Company must not be a Section 8 or listed entity

📑 Documents Required

• PAN and Aadhaar of all directors/partners

• Incorporation certificate and LLP/Company Agreement

• NOC from existing partners/shareholders

• Financial statements and income tax returns

• Valuation report of assets and liabilities

• Consent letters and identity proofs

💼 Our Conversion Services Include

• Legal feasibility study and structure planning

• Drafting of resolutions, MOA/AOA or LLP Agreement

• Filing and approvals with MCA and ROC

• Asset and liability transfer documentation

• Tax and accounting advisory during conversion

• Post-conversion compliance assistance

🌟 Why Choose KLS Advisors

• Expert team of Company Secretaries, Legal Advisors & CAs

• End-to-end handling — from strategy to final approval

• Transparent communication and regular updates

• Focus on timely execution and risk-free compliance

• Tailored solutions for startups, MSMEs, and corporates

🚀 Re-Structure with Confidence

Whether you’re converting an LLP into a company for expansion or transitioning to an LLP for flexibility, KLS Advisors ensures your transformation is smooth, compliant, and strategically beneficial.

📞 Contact Us: +91-9717720616
✉️ Email: info@klsadvisors.in
🌐 Website: www.klsadvisors.in