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    Change in LLP Name

    LLP Name is the identity of the LLP by which it is known. It manifests the Trade Name or Brand Name of the LLP. That is why it has to be Unique and it must depict the main objectives of the LLP. Name of the LLPs shall be in accordance with the LLP Name Guidelines issued by the Ministry of Corporate Affairs.  LLPs are required to use the word ‘LLP’ after their name.

    While running a business after the registration of LLP, it might change its name due to different reasons such as merger and amalgamation or due to change of business activity. Thus, the LLP can change its name after registration because of several reasons by adopting the procedure for change of LLP Name which remains the same for all the reasons. For changing the LLP name, the LLP has to change the name in LLP Agreement and in GST Registration also.

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    Change in LLP Name @Rs. 2,000/-

    EVENT

    Change in LLP Name

    Form No.

    Form 5

    Time -Limit

    within 30 days from the date of such change

    Whether to be filed before ROC or Not?

    Yes

    Penalty for Non-Compliance

    LLP and its partners shall be punishable with fine which shall not be less than Rs. 50,000 and which may extend up to Rs. 5,00,000 in addition to fine of Rs. 50 for every day after the first day until the form is filed.

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    Frequently Asked Questions (FAQs)

    What is LLP Compliances?

    Limited Liability Partnership is governed by LLP Act, 2008. LLP Act has prescribed certain compliances which an LLP is required to fulfill otherwise it shall be liable to pay penalty for not observing these compliances.

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    What are the types of LLP Compliances?
    • Post Incorporation LLP Compliances
    • Mandatory Annual LLP Compliances
    • Event-Based LLP Compliances

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    What is Event-Based LLP Compliances?

    LLP Act has prescribed certain compliances which are to be fulfilled on the happening of certain events. These compliances are called as Event-Based LLP Compliances.

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    What are the Event-Based LLP Compliances?

    List of Event-Based LLP Compliances

    Events

    Form

    Due-Date

    Consent of Designated Partner and Particulars of Partners

    Form 4

    30 days from the date of such change
    Registration of Charges

    Form 8

    30 days from the end of 6 months of the financial year
    Change in Registered Office of LLP

    Form 15

    30 days from the date of such change
    Change in Name

    Form 5

    30 days from the date of such change
    Change in LLP Agreement

    Form 3

    30 days from the date of such change
    Change in Designated Partners

    Form 4

    30 days from the date of such change

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