Practice Areas · Compliance · Changes & Conversions · Entity conversions · Partnership → LLP
Partnership Firm to LLP
Convert a partnership firm into an LLP for limited liability, under the statutory conversion route.
Converting a partnership to an LLP
The LLP Act provides a dedicated route to convert an existing partnership firm into an LLP, carrying over its assets, liabilities, and business by operation of law — so contracts and registrations transfer more smoothly than a fresh start.
All partners of the firm become partners of the LLP. The firm manages the application and the transition.
Why convert
Limited liability
Partners are no longer exposed to unlimited personal liability.
Separate legal entity
The LLP contracts and owns assets in its own name, with perpetual succession.
Smooth transfer
Assets and liabilities vest in the LLP by operation of law under the conversion route.
Lighter compliance
Fewer filings than a company, with audit only above thresholds.
How conversion works
- 01
Prepare & consents
Obtain DSC/DPIN, partner consents, and a no-objection from creditors.
- 02
Name & application
Reserve the LLP name and file Form 17 (conversion) with FiLLiP.
- 03
Registration
On approval, the Registrar issues the certificate of registration as an LLP.
- 04
LLP agreement & updates
File the LLP agreement (Form 3) and update PAN, GST, and registrations.
Why work with PBT
PBT converts your firm to an LLP under the proper statutory route.
- Form 17 conversion handled, not a fresh incorporation
- Creditor consents and partner formalities managed
- A well-drafted LLP agreement
- PAN, GST, and registration updates
- Scope, deliverables, and fees agreed in writing up front
Frequently asked questions
Do all partners have to become LLP partners?
Yes. The statutory conversion route requires that the partners of the firm, and only they, become the partners of the LLP.
Do contracts and licences carry over?
Under the conversion route, the firm's assets and liabilities vest in the LLP by operation of law; we still update third-party records and registrations.
How long does it take?
Usually three to four weeks, subject to name approval, creditor consents, and MCA processing.
Convert your firm to an LLP
Tell us about your partnership, and we'll handle the statutory conversion to an LLP.
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.