Contact

Change In Objects Of LLP

With just one phone call, our professionals will discuss all of your needs. We’ll make recommendations for changes, answer questions about whether or not it is the right time for you to expand on your own, and we can even take care of the paperwork too!

YES, I WANT TO TALK TO EXPERTS.
Change In Objects Of LLP
Change In Objects Of LLP
Easy & Hassle Free Online Process
Change In Objects Of LLP
Advisory Session From Experts
Change In Objects Of LLP
Dedicated Expert & Account Manager

Why we need to change the main business activities?

When a partner wants to expand its business, then they may change its main business activities and if the partners want to do any other business activities which is not mentioned in the LLP Agreement earlier then they may change their main business activities of the LLP with the mutual consent of the partners in the LLP Agreement.

What kind of business activities a LLP can do?

LLP is incorporated for doing any legal business activities. However, incorporation document prohibits, LLP from doing NBFC business activities. Also, LLP name guidelines, mandate that if the name of the LLP indicative of activity, LLP activities must relate to the activity indicated in the name.

How to Change objects in LLP?

The LLP agreement contains a clause regarding LLP activity and procedures to be followed for changing the object. Based on the partners understanding, the supplementary agreement is prepared and requisite e-Form filed with respective Registrar of Companies to changes the object of LLP.

Documents Required For Change in Objects of LLP

  • Main object that is to be amended
  • Supplementary agreement
  • Resolution of the meeting of the designated Partners
  • Minutes of the meeting of the designated partners

Process Involved

  • STEP-1

Meeting of the partners

Conduct the meeting of the designated partners of the LLP for getting the approval of new name and check the availability of the name from MCA portal.

  • STEP-2

Documentation

Prepare all the necessary documents that is supplementary documents, minutes of the meeting and resolution of the meeting

  • STEP-3

Stamp Paper

Supplementary agreement should be properly notraised and stamped

  • STEP-4

Preparation for Form-3

Prepare form-3 with all necessary documentation.

  • STEP-5

Form-3

File form-3 within 30 days from the date of signed supplementary agreement to registrar of companies with prescribed fees.

  • STEP-6

Approval

Get approval from the government.

Change In Objects Of LLP
GET IN TOUCH

Get Expert’s recommendation about whether or not it is the right time for you to expand on your own?

With just one phone call, our professionals will discuss all of your needs.

CONTACT US NOW

FAQs

You can change LLP object through filling form LLP-3 along with the required documents.

Supplementary deed/Agreement shall be executed in any change in the objects of the LLP.

Business activities consisting of banking, insurance, venture capital, mutual fund, stock exchange and asset management are allowed provided that in-principle approval from regulatory authorities is obtained. Please note that as per RBI guidelines, LLPs are not permitted to undertake NBFI activities.

Other Business Services

Proprietorship Registration
Learn More
Import Export Code IEC
Learn More
Private Limited Company Registration
Learn More

Copyright © 2023 Vaims Solutions Pvt. Ltd. All Rights Reserved