Home / Change in Business Structure / Partnership to LLP Conversion

Last updated: 2 October 2026
Converting a partnership firm into an LLP keeps the partnership model but adds limited liability and a separate legal identity. Our team handles partner and creditor consents, the Form 17 conversion and the move of registrations.
Under section 55 and the Second Schedule of the LLP Act, 2008, a partnership firm can convert into an LLP if all partners of the firm, and no one else, become partners of the LLP.
Tax treatment depends on meeting the conditions that treat the conversion as a statutory succession rather than a transfer; we coordinate with your tax adviser.
Based on the LLP Act, 2008 and the Income-tax Act, 2025. Last updated: 27 September 2026.
LLP Act provision for firm conversion
Must become LLP partners, and no one else
Conversion application
Intimation to the Registrar of Firms within 15 days
To file the LLP agreement
Assets and contracts vest in the LLP
Most issues relate to consents and tax.
A partner leaves or joins at conversion, breaking the conditions.
Creditor consent missing.
Revaluation or profit-share changes create tax exposure.
Related services.
Firm registration.
Converting to a company.
About LLPs.
LLP filings.
Partners, creditors and filings checked.
Partner and creditor consents collected.
FiLLiP and Form 17 filed.
LLP registered; firm dissolved.
LLP agreement filed within 30 days.
Form 14 to the Registrar of Firms; registrations moved.
The LLP now follows LLP compliance.
Registrar of Firms informed within 15 days.
Form 11 and Form 8 each year.
PAN, GST and bank in the LLP’s name.
Counterparties informed of the change.
Share your query and our team will reply during business hours.
Yes, if all partners of the firm become partners of the LLP and no one else joins.
Form 17, filed with the FiLLiP incorporation form.
Yes, creditors’ consent is part of the application.
It is treated as dissolved, and its assets and liabilities vest in the LLP.
Yes, the LLP files Form 14 with the Registrar of Firms within 15 days.
ACS – Director, Expertvuw Management Pvt Ltd
This work is handled by Expertvuw’s team, with filings made on the MCA portal. Certifications and audits required by law are issued by independent practising professionals engaged for your case.