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CHANGE LLP AGREEMENT

CHANGE LLP AGREEMENT

 

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WHAT IS CHANGE LLP AGREEMENT

The Limited Liability Partnership (LLP) Agreement is the written agreement between the partners of the LLP which defines the rights, fundamental conditions, scope duties and responsibilities of the partners to that LLP. It is just similar to the Memorandum and Articles of Association for a private limited company. The LLP agreement is required to be executed upon the incorporation of the LLP by filing e-form LLP-3 within 30 days of the incorporation.

LLP can change the LLP Agreement by filing e-form 3 with the Registrar within 30 days of the amendment in the agreement. If there is change in partners/designated partner you need to file e-Form 4 along with e-Form 3. As LLP agreement is the main charter of the LLP, it is very important to get your work done with professional like COMPLIANCESBIZ

WHAT IS INCLUDED IN OUR CHANGE LLP AGREEMENT PACKAGE

1 ) Free Consultancy
2 ) Drafting of necessary documents to make changes in LLP Agreement
3 ) Filing the changes with Registrar of Companies

PROCEDURE FOR CHANGE LLP AGREEMENT

1

Complete our Simple Form

2

Compliance Biz will change supplement agreement and provide you for signing

3

Compliance Biz Will file necessary forms with ROC

4

Congratulation your work is done

WHY THERE IS NEED TO CHANGE THE LLP AGREEMENT

  1. Change of LLP Name
  2. Change in rights, duties, responsibilities of the partners
  3. Change in capital contribution by the partners
  4. Addition of new activities in the LLP subject to incorporation documents
  5. Fixing remuneration for working partners by LLP agreement
  6. Addition/Deletion of Partners

FREQUENTLY ASKED QUESTIONS

     The changes can be done in 5-6 working days. 

   E-form 3 and e-form 4.

LLP contribution not exceeding 1 lakh                              – Rs 50

LLP contribution exceeding 1 lakh but less than 5 lakhs – Rs. 100

LLP contribution exceeding 5 lakh but less than 10 lakhs – Rs. 150

LLP contribution exceeding 10 lakh                                   – Rs. 200 

The LLP 3 form is required to be filled within 30 days of the amendment in LLP agreement.

No, the stamp duty is required to pay only when there is increase in contribution in the capital of the LLP.

Supplement LLP agreement, resolution for change in LLP agreement, consent in case of addition in partners, resignation letter in case of deletion in partners and depending upon case to case basis.