Conversion of llp into private ltd co.
This query is : Resolved
11 February 2015
Dear Experts,
I have a doubt on whether I can convert a LLP to a Private Limited Company as per the new Companies Act, 2013.
Please assist me on this matter.
Thanks
Dev
I have a doubt on whether I can convert a LLP to a Private Limited Company as per the new Companies Act, 2013.
Please assist me on this matter.
Thanks
Dev
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.
https://www.nextbigwhat.com/converting-llp-to-private-limited-297/
Such a conversion, though attracts greater tax liability is feasible as a long term decision.
See the link.
https://www.nextbigwhat.com/converting-llp-to-private-limited-297/
13 February 2015
Thank You Sir for your kind support.
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