What is the MCA LLP 3 Form for Agreement?
The purpose of furnishing the LLP Form No.3 is to give the data for the Limited Liability Partnership Agreement for the case of a newly started LLP and to give the details for the amendments in the LLP agreement in the case of a current LLP.
The same form is needed to get furnished within 30 days of the start of the Limited Liability Partnership or within 30 days of issuing the resolution for the modification in the LLP agreement. Prior to furnishing Form 3, an LLP agreement is needed to be executed. The LLP Agreement would be printed on stamp paper of the mentioned value and notarized.
For the Initial LLP agreement fields 2, 3, 4, and Part A are demanded to be filled.
For the Modification in the LLP Agreement, fields 2, 3, 4, and Part B are required to be filled.
Latest Update
- The LLP Act 2008 condones the filing of Form-3, Form-4, and Form-11 under section 67. Read Circular
- 05th June 2023: Stakeholders will notice that in order to provide an easy filing experience for Form 3 LLP, a new Excel upload and download functionality has been included in the form that will pre-fill all the information of the selected partner and existing partner. Please read the instruction kit before submitting the form to stakeholders.
File MCA V3 LLP Form 3 by Gen Complaw Software, Get Demo!
MCA Form LLP 3 Content
LLP Form 3 is available on site of MCA. It has the following content.
- Date of LLP agreement
- Place
- Capital Contribution
- Obligation to contribute
- Mutual Rights and Duties of Partners
- Restrictions, if any, on the partner’s authority
- Procedure for calling, holding, and conducting meetings,
- Details of the 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
Read Also: Simple Guide to Form LLP 8 Filing with Due Date & Penalty
Required Documents to Furnish MCA LLP 3 Form
LLP Form 3 is demanded to be furnished with the mentioned below list of documents.
- LLP Agreement ( PDF Format )
- Supplementary/ amended LLP ( PDF Format )
- Other optional attachment
LLP 3 Agreement Form Due Date
Limited Liability Partnership is required to pass a resolution for authorizing one of the partners to act on behalf of LLP for LLP name amendment. For furnishing Form 3, the Digital Signature of the Designated partner is essential. Mention DPIN number and Affix DSC of partner.
Penalty for MCA LLP 3 Non-Filing
Post to LLP agreement execution Form 3 is required to furnish within 30 days of the LLP registration date. Under LLP Act 2008 form is required to furnish. For non-filing of Form 3 penalty is given below in a table format.
Recommended: Simple Tips to File LLP Form 11 Annual Return with Due Date
Value of LLP Stamp Duty for Agreement in a Table Format
LLP agreement required to be implemented on Stamp paper. The ground for settling the stamp paper value will be the LLP capital contribution. Following is the table for LLP stamp paper value.
But the Stamp Duty payable of the LLP Agreement is different for different States and the same is paid as per the rate specified in the State Stamp Act. Till the time-specific Stamp Duty is prescribed in the respective Stamp Act, the Stamp duty on the LLP Agreement may be paid as per the stamp duty payable on the partnership agreement in view of the Finance Bill, 2009.
Registration Fee for LLP-3 Form
In case of an increase in the total contribution of the LLP, the Registration fee shall also be calculated based on the difference in the slab in addition to the form filing fee as shown in the table below:
| LLP Capital Contribution | Stamp Duty |
| up to Rs 100000 | Rs. 500 |
| Rs 1,00,001 to Rs 5,00,000 | Rs. 2,000 |
| Rs 5,00,001 to Rs 10,00,000 | Rs. 4,000 |
| Rs 10,00,001 to Rs 25,00,000 | Rs. 5,000 |
| Rs 25,00,001 to Rs 1,00,00,000 | Rs. 10,000 |
| Rs 1,00,00,001 and Above | Rs. 25,000 |
DSC Of Designated Partner
Limited Liability Partnership is required to pass a resolution for authorizing one of the partners to act on behalf of LLP for LLP name change. The digital signature of the designated partner is essential for filing Form 3. Mention the DPIN number and affix the DSC of the partner.
Professional LLP 3 Form Certificate
The webform LLP 3 must be digitally certified by a practicing professional such as Practicing Company Secretary or Practicing Chartered Accountant or Practicing Cost Accountant by affixing a valid DSC associated on the MCA V3 portal.
Limited Liability Partnership Form 3 and 4 FAQs
Q.1 What are LLP form 4 and LLP form 3?
All the information concerned with the Limited Liability Partnership agreement as well as amendments which are necessitated to be included in the form 3 while all the cessation, appointment and modification in the name/address/designation of the designated partner must be mentioned in the form 4.
Q.2 Objective of filing LLP form 3?
The objective of the LLP form 3 filing is to give necessary information of the Limited Liability Partnership Agreement when there is a fresh formed LLP (Limited Liability Partnership) and to make available all the details of the modifications of the current LLP’s LLP Agreement.
Q.3 Is filing form 3 necessary for the Limited Liability Partnership?
The obligations as well as the mutual rights of the partners and also of the LLP & partners must be authorized by the LLP agreement. The LLP agreement of the form 3 has to be submitted online via the MCA portal and also within the stipulated time of the incorporation date of 30 days. The filed LLP form 3 agreement has to be filed and the stamp paper should be used to authorize the LLP agreement print copy.
Q.4 What is the LLP form 3 non filing fees?
If the form 3 LLP havent been filed within the stipulated time, there will be penalty as per the table stated above.
