Name Change of LLP
Documents Required for Name Change of LLP
- 1 Initial LLP agreement
- 2 Consent letter of the Partners to apply for new name.
- 3 Trademark application or registration certificate(if any)
- 4 Notice of change of name.
- 5 Signed copy of Resolution for name change (prepared by us)
- 6 Supplementary agreement.(after approval of new name)
Process Involved
Name change of LLP
A LLP may require changing the name due to various business reasons or on the directions of the central government. The procedure for name change of LLP is governed by LLP agreement filed with MCA and provisions of LLP act, 2008.
Before starting the process, check the name availability on MCA and then with the consent of all the partners name of LLP can be changed.
Process:
- Authorise partner is required to file LLP name change application form i.e. Form LLP-1 with MCA. Maximum 6 names can be filed in the application form.
- After approval of name from ROC, you need to file form-5 for notice of change in name with ROC within 30 days of name approval.
- After filing notice of change, if satisfied, ROC will issue a fresh certificate of incorporation with new name.
- In the last step, after getting fresh certificate of incorporation with new name, you need to file supplementary agreement with ROC as an attachment in Form-3 to give effect to the changes in Limited Liability Partnership.
Documents:
- Consent letter of the Partners to apply for new name.
- Initial LLP agreement
- Trademark application or registration certificate(if any)
- Notice of change of name.
- Resolution for name change.
- Supplementary agreement.(after approval of new name)
- Any other document that is relevant.
FAQ’s:
- Stamp duty on LLP agreement: In case of name change of LLP, you need to pay stamp duty of Rs.100/-.
- Time limit for name change of LLP: You can change name of the LLP at any time, after incorporation of LLP.
- Number of attempts for filing name application form: you can file name application form with 6 names and in case if these 6 are rejected by ROC then you has one more attempt to file another 6 names.
- Does Name change effect annual compliances of LLP: No. The name change of LLP does not effect the annual compliances of LLP.
FAQs
FAQs
Is there a need to execute the supplementary agreement for name change after issuance of fresh certificate of incorporation?
What e-forms, do i need to file for name change?
What things should kept in mind while filing for name reservation.
Maximum time within which supplementart agrrement is need to execute after the issuance of frest certificate of incorporation pursuant to name change.
Do I need to mention the old name of the LLP Anywhere?
I can answer any questions you have about starting a business or taxation or funding. You can click on the questions to the left or write your question below
I can answer any questions you have about starting a business or taxation or funding. You can click on the questions to the left or write your question below
FAQs
Do you want to change LLP Name?
LLP can change its name by filling the following forms: a. Form 1 (Application for reservation or change of name) is required to be filled for name approval. b. After the name gets approved, applicant is required to file Form 5 (Notice for change of name) to intimate the registrar about the name change of LLP.Is there a need to execute the supplementary agreement for name change after issuance of fresh certificate of incorporation?
Yes, you have to execute the supplementary agreementWhat e-forms, do i need to file for name change?
A. E form llp-1 B. Eform llp-5 after name get approved by the registrar C. Eform llp-3 after issuance of fresh certificate of incorporationWhat things should kept in mind while filing for name reservation.
Rule 18 of the Limited Liability Partnership Rules, 2009, prescribed the guidelines to be kept in mind, while deciding for the name of the LLP and following things should be avoided: a. Use of identical names with that of an existing LLP or body corporates except with the approval of such company by way of Resolution. b. Use of general names c. Use of the word ‘sahakari’ or ‘co-operative’. d. The Emblems and Names (Prevention of Improper Use) Act, 1950 prohibits certain kinds of names. Therefore, use of such names should also be avoided. e. Use of the name of national heroes such as ‘Bhagat Singh enterprises’. f. Use of meaningless or vague alphabets such as GFVCGCBDH Ltd. g. Prefixing wordMaximum time within which supplementart agrrement is need to execute after the issuance of frest certificate of incorporation pursuant to name change.
Within 30days from the date of issuance of fresh certificate of incorporation.Do I need to mention the old name of the LLP Anywhere?
Yes. After the LLP has successfully changed its name, it has to deal in the new name, and the changed name must appear in all the official documents of the LLP. The LLP has to deal with the outsiders in the changed name. All the name plates, business cards, etc., of the LLP have to be substituted by the new name. However, the former name of the LLP by which it was known to the world before the change should appear under the changed name of the Limited Liability Partnership for a prescribed time.- Import Export Code IEC
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