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Conversion of Partnership Firm into Company
Transform your business into a company with continuity, compliance, and credibility.
Conversion of Partnership Firm into Company, which is a very high-demand service for growing businesses.
This is a strategic restructuring offering, because it allows promoters to retain continuity of business while gaining the benefits of a private/public limited company structure (limited liability, corporate identity, better funding options).
Why It Matters
A Partnership Firm offers flexibility, but as businesses grow, they face challenges like:
- Unlimited liability of partners
- Difficulty in raising funds or attracting investors
- Limited recognition in global and corporate contracts
- Regulatory constraints for expansion
By converting into a Private Limited Company (or LLP in some cases), businesses gain:
- Limited liability protection for owners
- Separate legal identity under Companies Act, 2013
- Better access to funding (banks, VCs, foreign investors)
- Continuity of business — assets, goodwill, and licenses are transferred seamlessly
Our Services
- Pre-Conversion Advisory - Assessing eligibility, business needs & best structure (Private Ltd / LLP / OPC)
- Name Approval - Securing unique company name under MCA guidelines
- Drafting MOA & AOA - Customized Memorandum and Articles of Association
- Filing with ROC (Form URC-1, INC-32 SPICe+) - Conversion filings with MCA portal
- Stamp Duty & Documentation - As per state requirements
- Transfer of Assets & Liabilities - Ensuring smooth transfer of partnership’s assets to company
- PAN, TAN, GST & Other Updates - Migrating registrations seamlessly
- Post-Incorporation Compliance - Board setup, statutory registers, bank account updates
Why Choose FinnovateAI?
- End-to-End Conversion Expertise - From advisory to ROC filing to post-conversion compliance
- CA + CS-Led Team - Accuracy in drafting, filing, and MCA approvals
- Seamless Continuity - Preserve goodwill, assets, and contracts during conversion
- Investor-Friendly Structuring - Ready for fundraising, ESOPs, and corporate growth
- Integrated Tax & Compliance Support - Guidance on GST, IT, PF/ESIC post-conversion
Our Process
- Consultation - Assess partnership firm details and desired structure
- Documentation - Prepare resolutions, affidavits, MOA, AOA, and partner consents
- ROC Filings - Submit URC-1, INC-32, and other required forms
- Approval & COI - ROC issues fresh Certificate of Incorporation for the new company
- Post-Conversion Setup - Update tax, bank, and statutory records
Who Needs It?
- Growing SMEs & Startups moving beyond partnership structure
- Family-run businesses looking for limited liability and continuity
- Investor-backed entities converting to Pvt Ltd for funding
- Firms with bank loans or tenders needing corporate credibility
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