Route 1: Standard conversion
A solvent company with all shareholders willing to become partners.
- Confirm no subsisting charges on assets
- Obtain consent of all shareholders and creditors
- File Form 18 with FiLLiP
A private limited company can convert to an LLP under Section 56 of the LLP Act, carrying over all assets, liabilities and the business as a going concern. It needs no security holders, members' consent, and filing of Form 18 and FiLLiP, followed by Form 14 to inform the ROC.
Starting at
₹39,999
Pvt → LLP
Profitable private companies wanting lighter compliance
Timeline
45-60 working days
Conversion of a private limited company into a Limited Liability Partnership transfers the whole undertaking - assets, liabilities, and the business - into the LLP, which becomes the successor entity. Under the Third Schedule of the LLP Act 2008, all shareholders must become partners and there must be no security interest subsisting on the company's assets at the date of conversion. The process involves filing Form 18 (application and statement of conversion) together with the incorporation form FiLLiP, drafting the LLP Agreement filed in Form 3, and intimating the ROC in Form 14 within 15 days of conversion.
TL;DR
All shareholders become partners, no charges on assets, and you file Form 18 with FiLLiP, then the LLP Agreement in Form 3 and Form 14 to the ROC.
FiLLiP
The integrated form for incorporation of the LLP.
Form 18
The application and statement for conversion of a company to an LLP.
Form 3
The form filing the LLP Agreement with details of partners' rights.
Form 14
The intimation to the ROC that the company has converted to an LLP.
Going concern
The business transfers intact, with all assets and liabilities.
A solvent company with all shareholders willing to become partners.
A company that must first clear overdue ROC filings before converting.
01
We check eligibility - shareholder consent, absence of charges, and the status of ROC filings and tax dues.
02
We obtain name approval and file Form 18 along with FiLLiP for incorporation of the LLP.
03
We draft the LLP Agreement, get it stamped, and file it in Form 3.
04
Form 14 is filed with the ROC within 15 days of conversion and we update statutory records.
Upload via our secure portal. We pre-check every scan before filing - cuts portal rejections by ~90%.
Still unsure if Pvt → LLP is right for your case? Book a free 20-minute consult - a senior CA / CS will walk you through your specifics.
Still have questions?
Book a free 20-minute consult with a senior partner - we'll walk through your case and outline next steps.
Talk to a partner →A senior CA / CS will get on a call with you, confirm scope and start the work - usually within 24 hours.