Conversion of Partnership Firm into Pvt Ltd Company

A registered partnership is formed when two or more people join under the Indian Partnership Act, 1932. But as the business grows, many entrepreneurs prefer converting their firm into a private limited company. This conversion helps in raising funds, limiting liability, and ensuring compliance with Section 44AB of the Income Tax Act.

Through this conversion, the business gets a new legal identity while continuing its existing operations. All assets and liabilities of the partnership are transferred to the private limited company after conversion.

Why Convert from Partnership to Private Limited Company?  

• Limited liability protection for owners.
• Better credibility with banks and investors.
• Easy expansion and fundraising options.
• Mandatory compliance under Section 44AB becomes simpler.
• Separate legal identity for the business.
• Stronger governance and structured ownership.

Why Choose Tax Intelligence?  

• Expert CA/CS team to handle end-to-end process.
• Guidance on Section 44AB compliance during conversion.
• Fast document drafting and ROC approval support.
• Services available across India for small and large firms.
• Dedicated support team for post-conversion assistance

Apart from an Pvt Ltd Co. Tax Intelligence also helps entrepreneurs with One Person Company Registration, Public Limited Company Registration, Partnership Registration, HUF, Limited Liability Partnership and Proprietorship Firm Registration easily.

How Tax Intelligence process for Partnership to Private Limited Company?

• Initial Consultation: Our experts first understand your partnership firm’s structure, business needs, and eligibility for conversion.
• Document Verification: We review the partnership deed, registration certificate, partner details, financial records, and NOC from creditors.
• Drafting Conversion Documents: Our team prepares MOA, AOA, resolutions, and necessary forms for conversion under Companies Act, 2013.
• Filing with ROC: We submit SPICe+ forms and other documents to the Registrar of Companies on your behalf.
• Government Fee Payment: We assist in paying prescribed MCA fees and stamp duties applicable for conversion.
• Error-Free Submission: All details are checked to ensure no mistakes in filing, avoiding rejections or delays.
• Follow-Up with ROC: After submission, we track the application status and update you until approval is granted.
• Quick Turnaround: Normally, the conversion process is completed within 15–20 working days, subject to ROC approval.
• Post-Conversion Support: We assist in updating PAN, TAN, GST, and bank records for the new company.
• End-to-End Guidance: From consultation to final incorporation certificate, Ebizfiling manages the entire conversion process smoothly.