Partnership · LLP · MCA · Legal Compliance
Transform Your Partnership into a Limited Liability Partnership
Converting your partnership firm into an LLP offers limited liability, enhanced credibility, and simplified compliance. Our team takes care of everything — from MCA filings and LLP agreement drafting to obtaining incorporation certificates.
Partnership vs LLP
| Key Difference | Partnership | LLP |
|---|---|---|
| Minimum Partners | 2 | 2 |
| Maximum Partners | Unlimited | Unlimited |
| Liability | Unlimited Liability | Limited Liability |
| Capital Raising | Cannot raise from public | Can raise from partners only |
| Compliance | Moderate | Relatively Low |
Partnership → LLP Timeline
Agreement Discussion
Day 1-2
Draft LLP Agreement
Day 3-5
File Incorporation Forms (FiLLiP)
Day 5-10
Obtain DIN & DSC for Partners
Day 10-15
Certificate of Incorporation
Day 15-20
Commence LLP Operations
Final Stage
Partnership to LLP - FAQ
Is LLP registration mandatory for all partnerships?
No, only partnerships that want limited liability and legal recognition need to convert to an LLP.
How long does the LLP conversion take?
Typically 10-20 days depending on MCA processing and submission of documents.
Do partners need DIN and DSC?
Yes, each designated partner must obtain a DIN and DSC for filing the incorporation forms.
What documents are required?
Partnership deed, PAN cards of partners, address proofs, and consent letters of all partners.
What are the benefits of converting to LLP?
Limited liability, better compliance framework, separate legal entity, and easier credibility with banks/investors.