Overview
A Limited Liability Partnership (LLP) is ideal for small and medium businesses because it combines flexibility with limited liability protection. However, when a business grows and needs to raise large capital from the public or list on the stock exchange, the LLP structure becomes limiting. A Public Limited Company (PLC) is a separate legal entity that allows raising funds from the public by issuing shares, enjoys higher credibility, and is subject to stricter regulatory compliance which increases trust among investors, banks, and government bodies. This makes it the preferred structure for companies planning large-scale expansion.
Conversion from LLP to a public limited company is governed by the and requires approval from the Ministry of Corporate Affairs (MCA). All the assets, liabilities, licenses, and goodwill of the LLP get transferred to the new company, and the existing partners become shareholders and directors in the public limited company. The company must have at least 7 shareholders and 3 directors to qualify as a public limited company. This conversion helps the business gain a corporate image, access public funding, and operate on a larger scale nationally and internationally.
At BizGlobal, we provide complete end-to-end support to convert your LLP into a public limited company. We handle all documentation, approvals, drafting of the Memorandum of Association (MoA) and Articles of Association (AoA), and filing of required forms with the Registrar of Companies (RoC). Our experts ensure a smooth and legally compliant transition so that you can focus on growing your business while we handle the legal side efficiently.
