Transferring Partnership to LLC?
I have a partnership I want to transfer into an LLC. Can I in recent times transfer the Partnership to the LLC and keep the partnership alive, or do I hold to transfer the partnership percentages to the LLC. i.e.- the ABC LLC would own the ABC Partnership, or does it hold to be that ABC LLC has a 50% owner in Jane and a 50% owner contained by Bob.
Thanks!
Answers: Firstly you firmly resolve your desire. Next ask your Chartered Accountant to do as you wised. Or You first consult to your CA and then decide what to do for your present and adjectives benefit. I think, the second will be wise.
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Thanks!
Answers: Firstly you firmly resolve your desire. Next ask your Chartered Accountant to do as you wised. Or You first consult to your CA and then decide what to do for your present and adjectives benefit. I think, the second will be wise.