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Breif
Converting a Company into a Limited Liability Partnership (LLP) allows business owners to simplify management, reduce compliance, and enjoy flexible operations. It’s ideal for small or medium businesses looking to maintain limited liability while minimizing statutory requirements.
Overview
A Company may choose to convert into an LLP when simpler management and cost efficiency are priorities. The process involves board and shareholder approvals, MCA name and form filings, drafting the LLP agreement, obtaining DSC & DIN, and transferring assets and liabilities. Once approved, the business continues seamlessly under the LLP structure, with all legal protections intact and reduced compliance obligations.
Process
Step 1 - Check eligibility of the Private Company for conversion and ensure compliance with MCA regulations
Step 2 – Obtain DSC (Digital Signature Certificate) and DIN (Director Identification Number) for all designated partners
Step 3 – Pass board resolution and obtain shareholder approval for the conversion
Step 4 – Apply to MCA for LLP name approval
Step 5 – Draft the LLP Agreement and prepare Form 17, Form 18, and other supporting documents
Step 6 – Submit all forms and documents to MCA for approval
Step 7 – Respond to any MCA queries or clarifications during processing
Step 8 – Receive Certificate of Incorporation for the LLP
Step 9 – Update PAN, TAN, bank accounts, GST registration, and other post-conversion formalities
Step 10 – Transfer all assets, liabilities, and contracts from the Company to the LLP
Checklist
Details & Documents Required for LLP to Pvt Ltd Conversion
- Eligibility & Compliance
- The company must be active and compliant with MCA filings
- No pending penalties, legal cases, or defaults
2. Digital & Identification Requirements
- DSC (Digital Signature Certificate) for all designated partners
DIN (Director Identification Number) for all designated partners
PAN & Aadhaar of partners/directors
3. Name Approval
- Check LLP name availability on MCA portal
Apply for name approval with MCA
4. Board & Shareholder Approvals
- Board resolution approving conversion
- Shareholder consent via special resolution
- Maintain minutes of meetings and resolutions
5. Document Preparation
- Draft LLP Agreement as per LLP Act
- Prepare Form 17 (Application for conversion) and Form 18 (LLP Agreement filing)
- Obtain consent letters from shareholders/directors
- Prepare Statement of Assets & Liabilities
6. MCA Filing
- Submit Form 17, Form 18, and supporting documents
Pay MCA filing fees
Ensure all statutory documents are attached
7. Post-Conversion Compliance
- Receive Certificate of Incorporation for the LLP
- Update PAN, TAN, GST registration, and bank accounts
- Transfer assets, liabilities, and contracts to LLP
- Maintain statutory registers and LLP compliance
Time Taken
Total Time: Approximately 7 days from the date of receipt of all documents.
- The MCA usually processes Form 17, Form 18, and related documents within 3–7 working days.
- Our team ensures timely follow-ups and smooth coordination for approval.
- We assist in resolving any queries or clarifications raised by the MCA, if any.
The Private Company is officially converted to an LLP and the LLP Certificate of Incorporation is issued without delays.
Deliverable
The following deliverables are included in the Biz Silver Plan. Deliverables for other packages may vary accordingly:
- LLP Certificate of Incorporation – Official document confirming LLP status
- Approved LLP Agreement – Registered agreement as per LLP Act
- Board & Shareholder Resolutions – Approved resolutions for conversion
- MCA Filing Proofs – Copies of Form 17, Form 18, and supporting documents submitted
DSC & DIN Assistance – Digital Signature Certificate and Director Identification Number support
Post-Conversion Compliance Guidance – Assistance with PAN, TAN, bank accounts, and statutory registers
Transfer of Assets & Liabilities – Ensuring smooth legal and operational transition from Company to LLP
Why Choose Us
Choosing Bizeneed for your Company to LLP conversion means you get expert guidance at every step, from documentation and MCA filings to approvals and post-conversion compliance. Our team ensures fast, accurate, and hassle-free processing, with timely follow-ups and smooth coordination with regulatory authorities. Trusted by hundreds of entrepreneurs, Bizeneed makes the entire conversion process simple, reliable, and stress-free, letting you focus on growing your business.
FAQs
It is the process of converting a Private Limited Company into a Limited Liability Partnership under the Companies Act and LLP Act.
A Private Limited Company that wants simpler management, lower compliance, and flexible ownership can convert.
No, conversion is optional. Companies choose it to reduce compliance burden and streamline operations.
A minimum of two partners is required for an LLP; they can be individuals or corporate entities.
Yes, provided the company is compliant with MCA regulations and there are no legal restrictions.
Typically 7 working days after submission of all required documents.
Form 17, Form 18, LLP Agreement, and other supporting documents required by MCA.
Yes, conversion requires approval from the Ministry of Corporate Affairs (MCA).
Yes, the MCA portal allows tracking using the SRN (Service Request Number).
Our team assists in resolving all clarifications to ensure smooth and timely approval.
PAN, Aadhaar, Private Company incorporation certificate, MoA & AoA, shareholder & director consents, and Statement of Assets & Liabilities.
Yes, all designated partners must have DSC, and DIN is required for corporate partners.
Yes, the LLP must have a new MCA-approved name.
Yes, corrections or updates can be made before final ROC approval.
Yes, the latest audited financial statements may be required for verification.
To simplify management, reduce compliance, and enjoy limited liability for partners.
No, LLPs do not have shares; it is owned by partners only.
Yes, LLPs have simpler reporting, annual filings, and statutory obligations compared to companies.
Yes, foreign individuals or entities can be partners, but subject to FEMA and LLP Act rules.
No, all assets, liabilities, and operations continue seamlessly after conversion.
Update PAN, TAN, GST registration, bank accounts, and maintain statutory registers as per LLP norms.
After MCA verification, the LLP Certificate of Incorporation is issued promptly.
Yes, business operations continue until the LLP status is granted.
Yes, applicable fees must be paid during form submission.
Yes, Bizeneed assists with statutory compliance, partner updates, and other regulatory requirements.