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Llp formation


Nirav Shah (CA)     09 May 2019

Nirav Shah
CA 
 1 likes  108 points

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HI Experts

We incorporate 1 LLP with 2 Partners but we want 3 partners in total in LLP. so after incorporation is it require to file form 3 first then addition of partner or 1st addition of 3rd Partner then form 3 is ok???

Kindly Help

Thanks

avater

Shaista Sheikh   11 May 2019

Shaista Sheikh

 2 likes  18 points

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first addition of 3rd partner by supplementary agreement then file form 3 and 4 both and attach supplementary agreement in form 3

avater

Shrijay Sheth (Co-Founder)     25 May 2019

Shrijay Sheth
Co-Founder 
 83 likes  2351 points

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The incorporation process must be completed before making any changes in the structure of LLP. As LLP form-3 is part of incorporation process, it is necessary to file it within 30 days from the date of incorporation. MCA will charge late filing fees of Rs. 100 per day if it is not filed within the due date. Further MCA will not allow to file any other form before filing Form 3. After filing such form LLP can file the form for addition of partners (https://www.legalwiz.in/change-of-partner-in-llp).


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