Convert Private Limited Company to LLP
Company to LLP under Section 56, tax-free under Section 47(xiiib)
- 1TestEligibility and tax conditions checked.
- 2ConvertForm 18 filed; certificate of registration issued.
- 3SettleCompany deemed dissolved; LLP takes over.
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 Private Limited Company to LLP
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
A private or unlisted public company can convert into an LLP by filing Form 18 with FiLLiP under Section 56 and the Third Schedule of the LLP Act, if all shareholders become partners and there is no security interest outstanding (or secured creditors consent). It is tax-free under Section 47(xiiib) only if the company's turnover didn't exceed ₹60 lakh and total assets didn't exceed ₹5 crore in any of the three preceding years, among other five-year conditions.
Companies convert to LLPs mainly to cut compliance cost — no board meetings or AGMs, no mandatory statutory audit below the LLP thresholds, and no dividend-style tax on distributing profits, since an LLP's share of profit is exempt in partners' hands.
The tax conditions are strict: all assets and liabilities pass to the LLP, all shareholders become partners in the same proportion, they receive no other consideration, they keep at least 50% of profit share for five years, and no accumulated profits are paid out for three years. If the size tests fail, we model the tax cost before deciding.
| Law | Section 56 and Third Schedule, LLP Act 2008 |
|---|---|
| Forms | Form 18 + FiLLiP |
| Tax-free size test | Turnover ≤ ₹60 lakh and assets ≤ ₹5 crore in each of 3 preceding years |
| 5-year condition | Former shareholders keep ≥ 50% profit share |
| 3-year condition | No payout out of accumulated profits |
Who this is for
Common scenarios where this service is a good fit.
- Small companies whose compliance cost outweighs the benefit
- Professional firms incorporated as companies
- Holding companies with limited activity
What you get
Clear deliverables so you know exactly what's included.
- Eligibility and tax-condition analysis
- Creditor consents and board/shareholder approvals
- Form 18 and FiLLiP filing
- GST, bank and licence 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.
Eligibility and tax conditions checked.
Form 18 filed; certificate of registration issued.
Company deemed dissolved; LLP takes over.
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.
