Limited Liability Partnerships (LLPs) in India are required to file various forms with the Ministry of Corporate Affairs (MCA) to ensure compliance with legal and regulatory requirements. One such crucial form is LLP Form 3, which is used to file information regarding the LLP agreement and any changes made to it. This guide provides a comprehensive overview of the process and requirements for filing LLP Form 3.

Purpose of LLP Form 3

LLP Form 3 is used for the following purposes:

• Initial LLP Agreement: Filing information regarding the initial LLP agreement at the time of incorporation.
• Changes in LLP Agreement: Filing information regarding any changes or amendments made to the LLP agreement after incorporation.

Steps to File LLP Form 3

1. Access the MCA Portal: Visit the MCA portal and log in using your credentials. If you do not have an account, you will need to create one.
2. Download the Form: Download LLP Form 3 from the MCA portal. Ensure you have the latest version of the form.
3. Fill in the Details: Complete the form with accurate information. The form requires details such as:
   • LLP Identification Number (LLPIN)
   • Name of the LLP
   • Date of the agreement or amendment
   • Details of the partners and designated partners
   • Changes made to the LLP agreement (if applicable)
4. Attach Supporting Documents: Attach the necessary supporting documents, including:
   • The LLP agreement or the amended agreement
   • Resolution passed by the partners approving the changes (if applicable)
   • Any other relevant documents as specified by the MCA
5. Digital Signatures: Ensure that the form is digitally signed by the designated partners or authorized signatories. Digital signatures are mandatory for filing LLP forms.
6. Upload the Form: Upload the completed form along with the supporting documents on the MCA portal.
7. Pay the Filing Fee: Pay the prescribed filing fee online. The fee varies based on the capital contribution of the LLP.
8. Submit the Form: After successful payment, submit the form. You will receive an acknowledgment receipt with a Service Request Number (SRN) for future reference.

Key Points to Remember

• Timely Filing: LLP Form 3 must be filed within 30 days of the agreement or any changes made to it. Delayed filing may attract penalties.
• Accuracy: Ensure that all information provided in the form is accurate and up-to-date. Incorrect information may lead to rejection of the form.
• Compliance: Filing LLP Form 3 is a legal requirement under the Limited Liability Partnership Act, 2008. Non-compliance may result in legal consequences.