Transferring employees from Proprietorship to LLP - proper way for doing this transition?

ashutosh_8822

Hello, I have 5 employees working for my proprietorship. Due to certain reasons, I am moving all my operations to a new entity, an LLP. Hence, all 5 employees will have to be transferred to the LLP as well. The salaries and other things would remain the same. I would like to assure them that their work experience will not be affected.
Since I am managing things on my own, I do not know the proper way for doing this transition.
Kindly help.
1st August 2020 From India, Hosur

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Transferring employees from Proprietorship to LLP - proper way for doing this transition?

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