Conversion LLP to Private Limited: A Complete Guide
Looking to Conversion LLP to Private Limited? Vakil Adda offers expert legal assistance, ensuring a smooth and compliant transition. Businesses often opt for this conversion to enhance credibility, attract investments, and improve corporate governance. While LLPs provide operational flexibility, they have limitations in fundraising and ownership transfer, making a Private Limited Company a strategic choice for growth-oriented enterprises. Governed by the Companies Act, 2013, the process involves MCA name approval, filing URC-1 & Spice+ forms, drafting MOA & AOA, and ensuring full regulatory compliance. This transformation unlocks benefits such as limited liability protection, a distinct legal identity, and better scalability, but also demands adherence to statutory and tax regulations. With Vakil Adda’s comprehensive legal expertise, seamless documentation, and end-to-end compliance support, your business can navigate this transition effortlessly. Partner with us for a hassle-free LLP to Private Limited conversion in India!
Seamless LLP to Pvt Ltd Conversion – Consult Experts Today!
Regulatory Guidelines for Converting LLP to Private Limited
Converting a Limited Liability Partnership (LLP) into a Private Limited Company in India is a structured process governed by the Companies Act, 2013, the Limited Liability Partnership Act, 2008, and the Companies (Incorporation) Rules, 2014. To ensure a legally valid and seamless transition, businesses must comply with regulatory guidelines set by the Ministry of Corporate Affairs (MCA). The LLP must have a minimum of two designated partners, who will subsequently become directors in the new company, and all partners must provide their formal consent for the conversion. Additionally, the LLP should be free from any pending liabilities or legal disputes to proceed smoothly. The process begins with obtaining MCA name approval using the RUN form, followed by filing the URC-1 form to declare conversion details. After that, businesses must submit the Spice+ form for incorporation, along with the Memorandum of Association (MOA) and Articles of Association (AOA). Once the conversion is complete, companies must update their bank accounts, tax registrations, and comply with ROC filing requirements. This transformation not only offers benefits like limited liability protection, a separate legal identity, and better investment opportunities but also requires strict adherence to statutory and tax regulations. To simplify this transition, Vakil Adda provides expert legal support, ensuring full compliance at every step for a hassle-free LLP to Private Limited conversion.
Mandatory Compliance Under the Companies Act, 2013
LLP to Private Limited: A Smart Business Move
Enhancing credibility, investment potential, and governance, the conversion of an LLP into a Private Limited Company aligns with the provisions of the Companies Act, 2013.
✅ Structure & Eligibility: LLP must have 7 partners before conversion; at least 2 directors (one Indian resident) required.
✅ MCA Name Approval: Apply via RUN application ensuring uniqueness.
✅ Regulatory Filings: Submit URC-1, SPICe+ (INC-32), MOA & AOA for incorporation.
✅ Financial & Legal Compliance: Provide CA-certified financials and obtain NOC from creditors.
✅ Tax & Licenses: Settle GST, TDS, and income tax; get new PAN, TAN, and updated business licenses.
✅ Post-Conversion Compliance: Maintain financial records, board meetings, and MCA filings.
Ensure a seamless, legally sound transition with Vakil Adda’s expert assistance.
How Much Capital is Needed to Start a Private Limited Company?
Need expert guidance in India to transform your LLP into a Private Limited Company? The good news is that there is no mandatory minimum capital requirement for conversion under the Companies Act, 2013. Previously, regulations required a ₹1 lakh minimum capital, but now, businesses can start with any capital amount based on their specific needs, making the transition smoother and more accessible. However, during conversion, companies must declare their authorized and paid-up share capital, which can be as low as ₹1,000 or higher, depending on business requirements. In this process, the capital is divided into shares held by shareholders, ensuring structured ownership. While no fixed capital is required, businesses should still ensure they have adequate funds for operations, compliance, and future growth post-conversion. Furthermore, any capital contributions made by LLP partners are converted into company shares in the newly formed Private Limited Company. Although there is no capital restriction, a well-planned capital structure helps businesses stay compliant and financially secure. For expert guidance, Vakil Adda provides seamless legal assistance, ensuring a hassle-free LLP to Private Limited conversion.
LLP to Private Limited: Step-by-Step Legal & Compliance Process
LLP to Private Limited: Simple Step-by-Step Conversion
The process of converting an LLP into a Private Limited Company under the Companies Act, 2013 follows a structured approach.
✅ Step 1: Obtain DSC & DIN – At least two designated partners must secure Digital Signature Certificate (DSC) and Director Identification Number (DIN) from MCA.
✅ Step 2: MCA Name Approval – Apply via RUN (Reserve Unique Name) ensuring the name is unique.
✅ Step 3: Draft MOA & AOA – Define company objectives and internal rules for ROC filing.
✅ Step 4: File URC-1 – Submit partner details, CA-certified financials, NOC from creditors, and LLP records.
✅ Step 5: File SPICe+ (INC-32) – Submit MOA, AOA, compliance declarations, and office proof.
✅ Step 6: Get Certificate of Incorporation – ROC verifies and officially registers the Private Limited Company.
✅ Step 7: Post-Incorporation Compliance – Apply for new PAN & TAN, update GST/MSME, conduct board meetings, and ensure regulatory filings.
Checklist of Documents Required for LLP to Pvt Ltd Conversion
Planning to register a Private Limited Company in India? Ensure a hassle-free process by keeping these essential documents ready:
🔹 For Directors & Shareholders:
✔ PAN Card – Mandatory for all directors.
✔ Identity Proof – Aadhaar Card, Voter ID, Passport, or Driving License.
✔ Address Proof – Recent Utility Bill or Bank Statement (not older than 2 months).
✔ Passport-Size Photo – To be submitted digitally.
✔ Mobile Number & Email ID – Required for verification.
🔹 For Company Registration:
✔ Proposed Company Name – Must be unique for MCA approval.
✔ Registered Office Address Proof – Utility bill along with No Objection Certificate (NOC) from the property owner.
🔹 For Foreign Directors:
✔ All documents must be notarized & apostilled as per Indian legal requirements.
Breakdown of LLP to Pvt Ltd Conversion Charges in India
LLP to Pvt Ltd Conversion – Complete Service at ₹25,000
Looking to convert your LLP into a Private Limited Company? Get a fully managed, hassle-free conversion service for just ₹25,000, covering all legal formalities, government filings, and expert consultation.
🔹 What’s Included?
✅ MCA Filings & Government Fees – Covers name approval, ROC charges, Form URC-1 & SPICe+ submission.
✅ Legal Documentation – Drafting of MOA, AOA, board resolutions, and required affidavits.
✅ DSC & DIN Registration – Secure Digital Signature Certificates (DSC) & Director Identification Numbers (DIN) for 2 directors.
✅ PAN & TAN Registration – Get new PAN & TAN for your converted Private Limited Company.
✅ Compliance Support – Assistance with GST, MSME updates, and post-conversion formalities.
💰 Total Cost: ₹25,000 (All-Inclusive, No Hidden Charges)
Why Choose Us?
✔ Expert Legal Support – Complete end-to-end guidance for a smooth transition.
✔ Fast & Hassle-Free Process – Quick approvals and compliance handling to get your company up and running seamlessly.
Key Professional Roles in Converting LLP to Private Limited Company
Converted your LLP to a Private Limited Company? Here’s what changes under the Companies Act, 2013
ROC Filings – Annual returns (MGT-7) & financial statements (AOC-4) are a must!
🔹 Board Meetings – Hold at least 4 board meetings a year & maintain records.
🔹 Tax Compliance – Get a new PAN, TAN, GST, TDS, and follow corporate tax rules.
🔹 Financial Audit – Mandatory audits by a Chartered Accountant.
🔹 Shareholding Compliance – Issue & maintain shares as per company law.
🔹 Payroll Compliance – TDS on salaries, PF & ESI if applicable.
🔹 License Updates – Modify GST, MSME, and other registrations post-conversion.
How to Identify the Best Consultant in Your Area
Want to convert your LLP into a Private Limited Company without the legal headaches? Vakil adda makes it easy, fast, and affordable! Based in Ahmedabad, Gujarat, we provide expert support PAN India ✅
All-Inclusive ₹25,000 Package – Covers MCA filings, MOA/AOA, PAN, TAN & compliance
Quick & Error-Free Process – We handle ROC & government approvals smoothly
Nationwide Service – No matter where you are, we’ve got you covered!
Call Now: 97263 65833
Email: office@legaladda.com
Let Vakil adda handle your LLP to Pvt Ltd conversion – stress-free, compliant & efficient!
