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LLP to Private Limited Company Conversion | Beyonte Compliance
Business Services ยท Company Conversion

LLP to Private Limited

Convert your Limited Liability Partnership to a Private Limited Company under Section 366 of the Companies Act 2013 โ€” partners' consent, URC-1 filing, advertisement and new Certificate of Incorporation.

  • ๐Ÿ”„ LLP to Pvt Ltd
  • ๐Ÿ“„ Section 366
  • ๐Ÿข URC-1 Filing
  • โœ… Partners Consent
  • ๐Ÿ“ฐ Newspaper Notice
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Convert your LLP to a Private Limited Company

Share your LLP details. We handle the advertisement, partners' consent, URC-1 and all MCA filings.

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What We Handle

A complete llp to private limited package

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Partners Consent

Written consent of all partners of the LLP to convert to a private limited company.

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Newspaper Advertisement

Advertisement published in a local newspaper in Form URC-2 inviting objections from creditors before conversion.

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URC-1 Filing

Form URC-1 filed with ROC โ€” with LLP agreement, list of partners, statement of accounts and advertisement proof.

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MOA & AOA Drafting

New Memorandum and Articles of Association drafted for the private limited company.

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DIN & DSC for Partners-Turned-Directors

Partners obtaining DIN and DSC โ€” DIR-2 consent and DIR-12 filing for new directors.

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New Certificate of Incorporation

ROC issues a new Certificate of Incorporation for the converted private limited company.

Key Requirements

What is needed for llp to private limited

Section 366 Route

LLP to private limited conversion is done under Section 366 (Chapter XXI Part I) โ€” not a fresh incorporation.

All Partners Must Consent

Conversion requires consent of all partners โ€” no dissentient partner can block if all agree.

Newspaper Advertisement Mandatory

Advertisement in Form URC-2 in a local newspaper must be done before URC-1 is filed โ€” creditors have 21 days to object.

Statement of Accounts

Audited financial statements of the LLP not older than 6 days before filing URC-1 are required.

Minimum 2 Directors & 2 Shareholders

The converted private limited company must have at least 2 directors and 2 shareholders.

LLP PAN and Registrations Transfer

GST registration, PAN, bank accounts must be transferred to the new private limited company after conversion.

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A newspaper advertisement in Form URC-2 must be published before URC-1 is filed โ€” creditors have 21 days to raise objections. The ROC will not process URC-1 without proof of advertisement. We handle the advertisement placement and ensure the copy is obtained in time for the filing.

Common Pitfalls

Common issues with llp to private limited

Advertisement skippedURC-1 filed without newspaper advertisement โ€” ROC rejects the filing.
DIN not obtained for partnersPartners without DIN cannot become directors โ€” DIN must be obtained before filing.
Statement of accounts outdatedBalance sheet older than 6 days before URC-1 filing โ€” rejected by ROC.
LLP filings not clearedPending Form 8 or Form 11 filings for the LLP not cleared before conversion โ€” ROC raises objection.
GST not transferredNew private limited company not registered for GST โ€” business continuity disrupted after conversion.
LLP not wound upLLP registration not formally dissolved after conversion โ€” dual entity issue on MCA records.
How It Works

Simple steps, no surprises

1

Partners consent and advertisement

All partners give consent โ€” newspaper advertisement in URC-2 published โ€” 21-day objection period observed.

2

URC-1 filed with ROC

URC-1 filed with MOA, AOA, LLP agreement, partner list and audited accounts โ€” ROC processes.

3

New CoI received

New Certificate of Incorporation issued โ€” PAN, GST, bank accounts and all registrations transferred.

4

LLP dissolved

LLP formally dissolved on MCA after conversion โ€” all business moved to new private limited company.

FAQ

Frequently asked questions

Yes. An LLP can convert to a private limited company under Section 366 (Chapter XXI, Part I) of the Companies Act 2013. The process involves partner consent, a newspaper advertisement, filing of Form URC-1 with the ROC and issue of a new Certificate of Incorporation.

Form URC-1 is the application for conversion of a body corporate (including LLP) to a company under Part I of Chapter XXI of the Companies Act 2013. It must be filed with the ROC along with the MOA, AOA, list of partners, statement of accounts and proof of newspaper advertisement.

Yes. A newspaper advertisement in Form URC-2 must be published in a local newspaper inviting objections from creditors. The advertisement must appear at least 21 days before filing URC-1 with the ROC.

After the ROC issues the new Certificate of Incorporation for the converted private limited company, the LLP ceases to exist. All assets, liabilities and obligations of the LLP vest in the private limited company by operation of law.

Yes. Partners who will become directors of the new private limited company must have a valid DIN. If they do not already have a DIN, Form DIR-3 must be filed to obtain one before URC-1 is submitted.

Ready to convert your LLP to a Private Limited Company?

We handle URC-2 advertisement, partners consent, URC-1 filing and all post-conversion registrations.