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LLP Agreement Form 3

After Limited Liability Partnership firm need to prepare LLP Agreement. LLP Agreement have major details of LLP. Such as Profit sharing ration, Capital Contribution , roles & responsibility of partners etc. This LLP Agreement need to be filed to MCA by using LLP Form 3. With in 30 days of LLP Registration File form. For Non Filing Per day Late fees is Rs.100/-. Pursuant to Rule 21(1) & (2) of Limited Liability Partnership Rules, 2009 every LLP need to file Form 3.

LLP Annual Filing

Content of LLP Form 3

LLP Form 3 is available on site of MCA. Its having following content.

Date of LLP agreement
Place
Capital Contribution
Obligation to contribute
Mutual Rights and Duties of Partners
Restrictions, if any, on the partners authority
Procedure for calling, holding and conducting meetings,
Details of indemnity clause, if any
Clause for Admission / retirement / cessation/ expulsion / resignation of partner
Duration of Limited Liability Partnership
LLP Registration number
Mode of Contribution
DPIN of Signing Partner

List of Documents For Form 3

LLP Form 3 is required to be filed with following list of documents.

Documents for Form 3

LLP Agreement ( PDF Format )
Supplementary/ amended LLP ( PDF Format )
Other optional attachment

LLP Form 3 Due Date

Limited Liability Partnership need to pass a resolution for authorizing one of partner to act on half of LLP towards LLP name change. Digital Signature of Designated partner is mandatory for filing Form 3. Mention DPIN Number and affix DSC of Partner.

LLP Form 3 Non Filing Penalty

After LLP Agreement execution Form 3 need to filed within 30 days for LLP Registration Date. As per LLP Act 2008 form need to filed. For Non Filing of Form 3 penalty is Rs. 100 per day. Its important to note that this liability is without any statutory Limit. Per for per day delay late fees will increase by Rs. 100.

LLP Stamp Duty Value For Agreement

LLP Agreement need to executed on Stamp Paper. Value of stamp paper for LLP agreement depends on LLP Capital Contribution. Base for deciding Stamp paper value shall be LLP Capital Contribution. Below is table for LLP Stamp Paper Value.

LLP Capital Contribution	Stamp Duty
Upto ₹ 100000	Rs.1,000
₹ 1,00,001 to ₹ 2,00,000	Rs.2,000
₹ 2,00,001 to ₹ 3,00,000	Rs.3,000
₹ 3,00,001 to ₹ 5,00,000	Rs.5,000
₹ 5,00,000 & above	Rs.10,000

DSC Of Designated Partner

Limited Liability Partnership need to pass a resolution for authorizing one of partner to act on half of LLP towards LLP name change. Digital Signature of Designated partner is mandatory for filing Form 3. Mention DPIN Number and affix DSC of Partner.

Certification From Professional

It is hereby certified that I have verified the above particulars(including attachment(s)) from the books and records of_____________ and found them to be true and correct.I further certify that all the required attachment(s) have been completely attached to this form. *To be digitally. Certification from Practicing CA / CS / CMA is required for filing of Form 3.