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MCA

Add or Remove LLP Partner

Quick answer: Adding or removing a partner from an LLP requires specific filings with the ROC. It also requires an update to the LLP Agreement. These steps are set by the LLP Act, 2008. Adding a new partner needs existing partners' consent. It also needs execution of a revised LLP Agreement. It also needs ROC filing. Removing…

LLP partner addition and cessation service including Form 4 filing, Form 3 for changes in the LLP Agreement, and ROC filing under Sections 7 and 34 of the LLP Act 2008.

Available across all Gujarat districts & Dadra & Nagar Haveli, Daman & Diu

₹2,499

(typical ₹7,500)

Expert-verified filing · no hidden charges

5-7 business days

4.9(352 reviews)

Why choose FinTax24

  • Expert-guided LLP partner change filing across Gujarat

Audience

Who needs Add or Remove LLP Partner?

  • LLPs onboarding a new partner, designated partner, or nominee
  • LLPs where a partner is retiring, resigning, or being expelled
  • Professional services firms adjusting partnership structure for growth
  • Family-owned LLPs transferring partnership stake to the next generation
  • LLPs restructuring after funding rounds or change in profit-sharing ratio
  • LLPs updating partner records to keep MCA filings current and avoid penalties

How it works

  1. Partner Eligibility Check

    We verify that the incoming partner is not disqualified under Section 8 of the LLP Act 2008 and that the existing partners meet the minimum requirements of Section 6.

  2. 2

    LLP Agreement Update

    We draft the supplementary LLP Agreement with the new profit-sharing ratio, capital contribution, and rights of the incoming or outgoing partner.

  3. Form 4 and Form 3 Drafting

    We prepare Form 4 for notice of partner change, Form 3 for modification of the LLP Agreement, and arrange digital signatures of all designated partners.

  4. ROC Filing on MCA

    We file Form 4 and Form 3 on the MCA portal within 30 days of the change, pay the prescribed MCA filing fees, and track SRN status.

  5. 5

    Approval and Records

    Once MCA approves the filing, we share the SRN receipt, updated LLP Agreement stamped and bound, and updated LLP master data from MCA.

Timeline

Day 1Partner eligibility check
Day 1-3LLP Agreement update and signing
Day 3-5Form 4 and Form 3 drafting
Day 5-7MCA filing and SRN tracking
Day 7-20Approval and master data update

Why file this

Benefits of add or remove llp partner

  • Compliant admission or cessation under Sections 7 and 34 of the LLP Act 2008
  • Form 4 filing with the Registrar of Companies within 30 days of the change
  • Updated LLP Agreement and partner consent drafted and signed by all partners
  • Form 3 filing with MCA to record modifications in the LLP Agreement
  • Verification that incoming partner is not disqualified under Section 8 of the LLP Act
  • Updated LLP master data reflecting the change in partner details on MCA

Documents required

7 documents needed for add or remove llp partner.

  • LLPIN of the LLP and PAN of the incoming or outgoing partner
  • PAN, Aadhaar, and photograph of the incoming partner
  • Updated LLP Agreement with revised profit-sharing ratio signed by all partners
  • Consent of incoming partner and notice of cessation from outgoing partner
  • Board or partner resolution approving admission or cessation
  • Address proof of the incoming partner and registered office of LLP
  • Latest LLP master data extract and DPIN status report

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DIY vs FinTax24

Why file add or remove llp partner with FinTax24 instead of doing it yourself.

Filing time

DIY / Portal
7–14 days (typical)
Local Tax Consultant
Varies by availability and workload
FinTax24
5-7 business days

Target timeline; actual time depends on document completeness and government portal availability

Expert review

DIY / Portal
None
Local Tax Consultant
Depends on the consultant
FinTax24
Expert verified on every filing

Document check

DIY / Portal
You self-verify; rejected on portal
Local Tax Consultant
Manual review may vary
FinTax24
Pre-verified by our team before submission

Support

DIY / Portal
Email / chatbot
Local Tax Consultant
Appointment-based or office hours
FinTax24
WhatsApp + phone, Mon–Sat 10 AM–7 PM IST

Pricing

DIY / Portal
Government fees only
Local Tax Consultant
Consultant fee + government fees
FinTax24
Transparent: From ₹2,499 + govt fees

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Frequently asked questions

Which forms are used to add or remove an LLP partner?

Form 4 is filed with the Registrar within 30 days of admission or cessation of a partner under Section 7 of the LLP Act 2008. Form 3 is filed to record any modification of the LLP Agreement including profit-sharing ratio.

What is the penalty for late filing of Form 4 by an LLP?

Late filing of Form 4 by an LLP attracts a fine of ₹300 per day for the first 90 days and ₹500 per day thereafter, with no upper limit, on the designated partners and the LLP under Section 35 of the LLP Act.

Can a partner be removed without consent under the LLP Act?

Yes, under the LLP Agreement or as per the terms agreed at admission. The LLP must file Form 4 with the ROC within 30 days of the cessation along with the updated LLP Agreement.

Is a new partner automatically a designated partner?

No. Only designated partners are required for compliance. If the new partner is to be a designated partner, the LLP must ensure that at least two designated partners remain under Section 7 of the LLP Act.

What is the minimum number of partners required in an LLP?

An LLP must have a minimum of two partners at all times under Section 6 of the LLP Act 2008. Falling below two requires appointing a new partner or conversion to a private limited company.

Does an LLP need to file Form 3 on every partner change?

Yes, any modification in the LLP Agreement including profit-sharing ratio, capital contribution, or partner details requires Form 3 filing with the ROC along with Form 4.

Need help?

Help with Add or Remove LLP Partner — you get a reply in 4 hours

About this service

Adding or removing a partner from an LLP requires specific filings with the ROC. It also requires an update to the LLP Agreement. These steps are set by the LLP Act, 2008. Adding a new partner needs existing partners' consent. It also needs execution of a revised LLP Agreement. It also needs ROC filing. Removing a partner needs the same consent process. It needs settlement of the departing partner's capital and profit share. It also needs ROC notification. The ROC filings for partner changes are mandatory. An LLP with undisclosed partner changes is in violation of the Act.

The Partner Addition Process: Sections 7 and 13 of the LLP Act

To add a new partner to an LLP, the existing partners must first amend the LLP Agreement. The amendment specifies the new profit-sharing ratio. It also specifies the capital contribution and other terms. The authorised signatory then files Form 3 (for LLP Agreement amendments) and Form 4 (for partner changes) with the MCA. This must happen within 30 days of the change. The new partner's DIN and consent must be submitted with the filing. The MCA processes the filing and updates the LLP's master data. The updated LLP Agreement should be circulated to the bank and all major vendors. FinTax24 handles the entire process. We draft the LLP Agreement amendment. We collect new partner KYC. We verify DIN. We draft and file Form 3 and Form 4. We confirm post-filing with the MCA.

The Partner Removal or Retirement Process

Removing a partner requires the consent of the remaining partners as specified in the LLP Agreement. This applies whether the removal is at their request, due to incapacity, or by unanimous resolution. It also requires settlement of the departing partner's capital account and any profit due. It also requires ROC filing. The settlement must be completed before or at the same time as the ROC filing. Form 4 must be filed with the MCA within 30 days of the partner change. Form 3 must be filed if the LLP Agreement is amended to reflect the departure. The departing partner's DIN does not expire. It is marked as "ceased to be a partner" on the MCA records. FinTax24 manages both the commercial settlement and the ROC compliance filings.

The Minimum Two-Partner Requirement

An LLP must always maintain at least two designated partners. At least one must be an Indian resident. If a partner removal would reduce the LLP to a single partner, the removal cannot proceed until a new partner is simultaneously admitted. Failing to maintain two partners is a technical default under the LLP Act. It can result in the LLP being wound up by the ROC. FinTax24 reviews the partner composition before any removal. We ensure the two-partner minimum is maintained throughout the transition.

Key sources: FinTax24 Compliance Desk.

Reviewed by FinTax24 Compliance Desk · Review date

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About FinTax24

ISO 27001 · Startup India · MCA registered
Legal name
FinTax24 LLP
Founded
2021
Headquarters
Gujarat, Gujarat, India
Certifications
ISO 27001 · ISO 9001 · ISO 22301
Recognition
Startup India · MCA registered
Coverage
All 33 Gujarat districts + Dadra & Nagar Haveli & Daman & Diu
Hours
Mon - Sat: 10 AM - 7 PM IST

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