Practice Areas · Compliance · Changes & Conversions · Entity conversions · LLP → company
LLP to Private Limited Company
Convert an LLP into a private limited company to raise equity and bring in investors.
Converting an LLP to a company
An LLP cannot issue shares, so when it needs to raise equity from investors it is often converted into a private limited company under the Part I (Chapter XXI) route of the Companies Act.
The partners become shareholders, and the LLP's business carries into the company. The firm manages the URC-1 registration and incorporation.
How conversion works
- 01
Consents & name
Obtain partner and creditor consents and reserve the company name.
- 02
File URC-1 & SPICe+
File URC-1 to register the LLP as a company, with the incorporation forms.
- 03
Certificate of incorporation
On approval, the company is incorporated and the LLP's business vests in it.
- 04
Migrate & dissolve
Update registrations and dissolve the LLP with the Registrar.
Why work with PBT
PBT converts your LLP to a company so you can raise equity.
- URC-1 registration and SPICe+ incorporation handled together
- Partner and creditor consents managed
- Migration of registrations and the LLP dissolution
- Attention to the tax treatment of the transition
- Scope, deliverables, and fees agreed in writing up front
Frequently asked questions
Why convert an LLP to a company?
Mainly to raise equity — an LLP cannot issue shares, while investors and venture funds invest into private limited companies.
Do all partners become shareholders?
Yes, typically the partners become the shareholders of the new company, with at least two members and directors.
How long does it take?
Usually three to four weeks, subject to consents, name approval, and MCA processing.
Convert your LLP to a company
Tell us about your LLP and funding plans, and we'll handle the conversion and incorporation.
Send an enquiryThis page describes the nature of the firm's services and is not a solicitation or legal advice. Thresholds, timelines, and applicable registrations depend on your specific facts; engagement terms and fees are agreed in writing per assignment.