LLP Agreement & Changes your LLP agreement, drafted and kept current.
End-to-end LLP agreement services in Mumbai and across India — drafting of the initial LLP agreement, supplementary agreements for changes in partners, capital, profit sharing, or terms, and accurate Form 3 filing under the LLP Act 2008.
The LLP agreement is the foundational document of every Limited Liability Partnership. It defines the mutual rights and duties of the partners, their contribution, profit-sharing ratio, management structure, decision-making rules, and the procedures for admission, retirement, and resignation of partners. A clear, well-drafted LLP agreement is the single most important safeguard against future disputes among partners.
Under the LLP Act 2008, the initial LLP agreement must be filed with the Registrar of Companies in Form 3 within the prescribed time after incorporation. Equally important, every subsequent change to the agreement — whether a change in partners, capital contribution, profit-sharing ratio, business activity, or any other term — must be recorded through a supplementary LLP agreement and intimated to the Registrar through a fresh Form 3 filing within the prescribed period.
Our LLP agreement practice covers the complete lifecycle of the document — drafting a robust initial LLP agreement aligned with the partners’ intentions, drafting supplementary agreements for every change, ensuring proper stamping, and accurately filing Form 3 with the Registrar. We help LLPs keep their agreement current, legally sound, and consistent with the ROC records, so the document always reflects the true terms among the partners.
Our LLP Agreement Services
Initial Agreement Drafting
Drafting of the initial LLP agreement covering rights, duties, capital, and management.
Supplementary Agreements
Drafting of supplementary LLP agreements for any change in terms or partners.
Partner Change Drafting
Agreement amendments for admission, retirement, or resignation of partners.
Capital & Profit Changes
Amendments for changes in contribution, profit-sharing ratio, or capital structure.
Business Activity Change
Amendment of the agreement to add or modify the business activity of the LLP.
Form 3 Filing
Preparation and filing of Form 3 to record the agreement and its amendments.
Stamp Duty Advisory
Guidance on the correct stamping of the LLP agreement and supplementary deeds.
Agreement Review
Review of an existing LLP agreement to identify gaps and recommend improvements.
Our LLP Agreement Workflow
Requirement Discussion
Discussion of the partners’ intentions and the terms to be captured in the agreement.
Drafting
Drafting of the initial or supplementary LLP agreement reflecting the agreed terms.
Review & Stamping
Partner review of the draft and proper stamping of the executed agreement.
Form 3 Filing
Filing of Form 3 with the Registrar to record the agreement or amendment.
Records & Confirmation
Follow-up with the ROC and updation of LLP records with the current agreement.
Benefits of a Well-Drafted LLP Agreement
Frequently Asked Questions
An LLP agreement is the foundational document of a Limited Liability Partnership that sets out the mutual rights and duties of the partners, their contribution, profit-sharing ratio, management structure, and procedures for admission and exit of partners. It is the key safeguard against future disputes among partners.
The initial LLP agreement must be filed with the Registrar of Companies in Form 3 within the time prescribed after incorporation. Every subsequent amendment to the agreement must also be filed in a fresh Form 3 within the prescribed period.
An LLP agreement should be amended through a supplementary agreement whenever there is a change in partners, capital contribution, profit-sharing ratio, business activity, or any other term of the agreement. The change is then recorded with the Registrar through Form 3.
Form 3 is the form filed with the Registrar of Companies to record the LLP agreement and any subsequent amendments to it. Where a change also involves partners, Form 4 is filed alongside Form 3.
If amendments to the LLP agreement are not filed with the Registrar within the prescribed time, the ROC records do not reflect the current terms of the LLP, and the LLP can face additional fees and penalties for the delayed or omitted filing.
Draft or Update Your LLP Agreement
Whether you need a fresh LLP agreement or an amendment, talk to our team for a robust, properly filed document.
Get LLP Agreement Support or call +91 9819 000 511