Convert Partnership Into LLP
An existing partnership can easily be converted into LLP by registering a LLP with same partners and transferring all assets and liabilities of partnership into LLP. The basic difference between Partnership business under Partnership Act, 1932 and Limited Liability Partnership form of business formed under Limited Liability Partnership Act, 2008 is LIMITED LIABILITY of Partners. This core feature of Limited Liability relieves the Partners from involving their Personal assets in case of any loss/ winding up of their business. We at TratoIndia.com shall assist you in converting your Partnership firm to LLP firm right from obtaining DPIN and making an application of name till obtaining the Certificate of registration. We shall also document your comprehensive and customized LLP Deed which shall bind all the Partners with Limited Liability same time under certain Rights, Duties and Responsibilities.
Place an Order for conversion of your partnership into LLP and we are there to assist you further at an affordable price.
Below is the list of documents and information required for converting a Partnership form of business into LLP:
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