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LLPs are the preferred form of business as it is an alternative corporate business vehicle that provides the benefits of limited liability of a company but allows its members the flexibility of organizing their internal management on the basis of a mutually arrived agreement, as is the case in a partnership firm. But sometimes, it may happen that some of the Directors have incorporated a Company that needs to be converted into an LLP. The conversion of Private limited to LLP must be followed by the approval of the Ministry by the online application providing necessary documents. 

Document Required

In the registration process of the company, the following documents:

  • NOC: Consent of all the directors and shareholders of the company for conversion in the given format

  • Clearance from tax authorities: NOC from the tax authorities is required to be obtained

  • Creditor’s approval: List of all the secured creditors along with their consent

  • Financial Statements: The financial statement of the previous year to be provided along with ITR filed

  • Digital signature: DSC of all existing directors

  • Private Limited company documents: PAN card, certificate of incorporation, GST registration, or any other applicable documents/registrations.

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