Converting an LLP

Conversion of LLP into other forms of business entity is not yet possible in India. As per the Limited Liability Partnership Act, 2008 and Rules, 2009 there are no express provisions for such conversions.

Every entrepreneur in order to grow or to suit their personal requirements may consider, conversion of their exsiting business structure into any other form of business entity.

Following are the few conversion sets that people usually search for:

An LLP cannot be converted into any other form of business entity. However, vice-versa is admissible. There are certain rules in Chapter X, Chapter XV, Chapter XVI and Chapter XVII of Limited Liability Partnership Rules 2009, which govern such provisions.

 

 


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