Conversion of General partnership to LLP

No partnership firm registered under Partnership Act, 1932 have been converted into Limited Liability Partnership after the introduction of LLP Act, 2008 due to more benefits like minimal compliances, tax advantages, limited liability, separate legal entity, etc. are involved with LLP format of business entity. Unregistered partnerships cannot be converted into LLP.

Requirements for conversion:

Procedure for the conversion:

Time taken for conversion is 15-20 days, and it also depends on upon documents provided by applicant and speed of approval by the government.

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