18th September 2016
The short answer to this question is ‘no’. It is impossible to convert an existing limited company to an LLP. Both are different in internal structures and taxation requirements. If, for some reason you want to change your business into an LLP, you will have to first dissolve your existing company and register your business as a Limited Liability Partnership.
21st February 2016
This article is addressed to those of you who are considering various forms of employment and seek to learn about the advantages and risks of trading as a limited company.
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