Converting a partnership firm into a Limited Liability Partnership (LLP) provides the business with limited liability protection while retaining the flexibility of a partnership structure. The process begins with obtaining consent from all existing partners and drafting a conversion plan, specifying how assets, liabilities, and business operations will transfer to the LLP. The LLP must be incorporated by filing Form FiLLiP (Form for incorporation of LLP) with the Registrar of Companies (ROC), along with the LLP agreement and details of designated partners. Simultaneously, the partnership firm submits Form 2 (Notice of conversion) to ROC and other required declarations. Once approved, the partnership ceases to exist, and the LLP becomes a separate legal entity with perpetual succession and limited liability protection for its partners. Professional guidance is recommended to handle incorporation formalities, prepare the LLP agreement, ensure proper transfer of assets and liabilities, and comply with statutory requirements. Conversion enhances business credibility, provides legal protection to partners, allows easier access to funding, and ensures structured governance under the LLP framework.