11 February 2015
An LLP is sought to be converted to a PLC by many a business person, to make way for foreign investments or borrowings, or to attract venture capitalists, or just to expand the business and inspire more confidence in the employees.
Such a conversion, though attracts greater tax liability is feasible as a long term decision. See the link. http://www.nextbigwhat.com/converting-llp-to-private-limited-297/
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