10 April 2016
Dear Sir
We have a Pvt Ltd Co but have not been able to do well and are having sales of approx 2 Crs only since last 3-4 years and do not see it Improving much.
Wish to be advised if it can be converted to LLP and if it advisable to do so. The Company has 3 Real Brothers as Directors.
Kindly advise
12 April 2016
Pvt. Companies are been converted to LLP for availing Tax Benefits ; Minimum Compliance . Thus if your company wants to avail such benefits than it can be converted to LLP
CAclubindia
