Convert LLP to Private Limited Company
LLP registers as a company under Section 366 to raise equity
- 1ReviewAccounts, capital and tax position checked.
- 2FileURC-1 and SPICe+ submitted after advertisement.
- 3LaunchShares issued; cap table ready for investors.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Convert LLP to Private Limited Company
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
An LLP converts into a private limited company by registering under Section 366 of the Companies Act, filing Form URC-1 and SPICe+ after partner approval and a public advertisement. Its assets, liabilities and contracts carry over by law. Founders usually do this to raise equity or issue ESOPs, which an LLP can't do. The Income-tax Act has no express exemption for this direction, so the tax position has to be checked before converting.
Venture investors and ESOP plans need shares, and an LLP has only partner contributions. Converting before a funding round is common; doing it a few months ahead avoids a rushed closing.
We review the LLP's books, settle partner capital accounts into share capital, check whether any partner is being paid more than their capital balance (which can trigger tax), and plan the migration of GST, bank accounts and contracts.
| Law | Section 366, Companies Act 2013 |
|---|---|
| Forms | URC-1 + SPICe+ |
| Approval | Majority of partners; public advertisement |
| Tax | No specific exemption — examine before converting |
| Reason to convert | Equity funding, ESOPs, investor preference |
Who this is for
Common scenarios where this service is a good fit.
- LLPs preparing for a seed or Series A round
- LLPs planning ESOPs for employees
- Businesses whose customers prefer a company
What you get
Clear deliverables so you know exactly what's included.
- Tax and accounting review before conversion
- Partner resolutions and advertisement
- URC-1 and SPICe+ filing
- Cap table and registration migration
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Accounts, capital and tax position checked.
URC-1 and SPICe+ submitted after advertisement.
Shares issued; cap table ready for investors.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
