Common changes
- Admission of a new partner or designated partner.
- Retirement, resignation or death of a partner.
- Change in capital contribution.
- Change in profit-sharing ratio.
- Change in business activities or other terms of the agreement.
Documents required
- Existing LLP agreement and earlier amendments.
- Supplementary agreement signed by all partners.
- Consent of the incoming partner and DPIN/DIN for designated partners.
- Resignation letter or death certificate, where applicable.
How we handle it
Agree the terms
What changes and from when.
Draft the supplementary agreement
Stamped and signed.
File Form 4
For partner changes, within 30 days.
File Form 3
For agreement changes, within 30 days.
Update other records
PAN, bank, GST as needed.
What a sound LLP agreement covers
- Contribution of each partner, and how further contribution is made.
- Profit-sharing ratio, and interest or remuneration to partners.
- Rights and duties of partners and designated partners.
- Admission, retirement, expulsion and death of partners.
- How decisions are taken, and which need unanimous consent.
- Dispute resolution and winding up.
Where an LLP agreement is silent, the default provisions in the First Schedule to the LLP Act apply — which rarely match what partners intended.
Designated partner changes
Every LLP needs at least two designated partners who are individuals, with at least one resident in India. A new designated partner needs a DIN (or applies for one), gives consent to act, and is notified to the ROC in Form 4 within 30 days.
Practical notes from our engagements
- Form 3 forgotten after Form 4. A new partner usually changes contribution and profit share too — both forms are needed.
- Only one designated partner left. An LLP needs at least two; replace a departing one promptly.
How we handle LLP changes
We draft the supplementary agreement, file Form 4 and Form 3 on time, and update the LLP's other registrations.
Related services
Frequently asked questions
How do I add a partner to an LLP?
By a supplementary agreement signed by all partners, then Form 4 within 30 days and Form 3 if the agreement changes.
What is Form 3?
The form for filing the LLP agreement and any changes to it, within 30 days.
What is Form 4?
The form for notifying appointment, cessation or change in partners and designated partners, within 30 days.
Is there a late fee?
Yes, ₹100 a day for each form.
How many designated partners must an LLP have?
At least two, with at least one resident in India.
What happens if the LLP agreement doesn't cover something?
The default provisions in the First Schedule to the LLP Act apply.
Can a company be a partner in an LLP?
Yes. A body corporate can be a partner, acting through a nominee. Designated partners must be individuals or nominees of body corporates.