What are the compliance requirements after a company is registered?

After registering a company in India, compliance requirements include: Appointment of a Statutory Auditor within 30 days, Filing of Annual Returns (Form MGT-7), Filing Financial Statements (Form AOC-4), Conducting at least four Board Meetings annually, Income Tax Filing (ITR-6), Maintenance of Books of Accounts, and GST Filing if applicable.

Can a foreign national or NRI be a director in an Indian company?

Yes, foreign nationals and NRIs can be directors of an Indian company if: The company has at least one resident director who has lived in India for at least 182 days in the previous calendar year, they obtain a Director Identification Number (DIN) and a Digital Signature Certificate (DSC), and they provide required documents including a passport, proof of address, and a consent declaration.

How can I conduct a company name search online?

To conduct a company name search: Visit the MCA Name Availability Tool on the MCA website, enter your proposed company name in the search bar, review similar names displayed, and ensure compliance with Companies Act 2013 naming guidelines. You can also check the trademark database to ensure the name is not trademarked by another entity.

What is the difference between authorized capital and paid-up capital?

Authorized Capital is the maximum amount of share capital a company is permitted to issue as per its Memorandum of Association (MOA). Paid-Up Capital is the actual amount received by the company from shareholders for the shares issued. For example, if authorized capital is ₹10,00,000, shares cannot exceed this value. If paid-up capital is ₹5,00,000, shareholders have contributed that amount.

How much does it cost to register a company in India?

The cost depends on the type of company. Government Fees include Name Reservation (₹1,000) and SPICe+ Form Filing (₹2,000 for authorized capital up to ₹10 lakh). Professional Fees range from ₹5,000-₹20,000. Additional Costs include Digital Signature Certificate (DSC) at ₹500-₹2,000 per director. PAN and TAN are included in SPICe+ filing.

How do I open a current bank account for my company?

To open a current bank account, submit the Certificate of Incorporation, PAN, Memorandum and Articles of Association, Board Resolution authorizing account opening, and KYC documents of directors to the chosen bank.

Does a private limited company have perpetual existence?

Yes, a private limited company has perpetual existence, meaning it continues to exist regardless of changes in ownership or the death of its members.

What are articles of association and memorandum of association?

The Memorandum of Association (MOA) defines a company's objectives, scope, and relationship with external parties. The Articles of Association (AOA) outline the rules and regulations for the company's internal management and governance.

What are the penalties for non-compliance with annual filings?

Penalties include a late filing fee of ₹100 per day per form, disqualification of directors for up to 5 years, fines ranging from ₹50,000 to ₹5,00,000, and in severe cases the company may be struck off the MCA register.

What are the corporate tax rates for companies in India?

Domestic companies are taxed at 30%, or 25% if turnover is up to ₹400 crore, with a concessional rate of 22% (25.17% effective) for companies not claiming exemptions and 15% (17.16% effective) for new manufacturing companies. Foreign companies are taxed at 40%.

Is GST registration mandatory during company registration?

GST registration is not mandatory during company registration. However, it is required if the company's turnover exceeds ₹40 lakh for goods or ₹20 lakh for services. It is also mandatory for companies involved in inter-state supply or e-commerce activities.

What is the minimum and maximum number of shareholders allowed?

A private limited company requires a minimum of 2 shareholders and allows a maximum of 200. A public limited company requires a minimum of 7 shareholders, with no limit on the maximum number.

Can I register a company using a virtual office address?

Yes, you can register a company using a virtual office address, provided it is a legally valid address and you have the necessary documentation, such as a rental agreement and utility bills, to verify its authenticity.

How many days does it take to register a company?

Company registration in India usually takes about 7-10 working days if all documents are in order. Using the SPICe+ form can speed up the process since it combines multiple services like PAN, TAN, and GST registration.

Who governs and controls private limited companies in India?

Private limited companies in India are governed by the Companies Act, 2013, regulated by the Ministry of Corporate Affairs (MCA), with day-to-day operations managed by the Board of Directors. Shareholders have the power to appoint or remove directors through voting.

What documents are required for company registration in India?

Required documents include PAN cards for directors and shareholders, passport for foreign nationals, Aadhaar or Voter ID for identity proof, bank statements or utility bills for address proof, MOA and AOA, and proof of office address and rent agreement.

What are the benefits of registering a private limited company?

Benefits include limited liability, separate legal entity, ease in fundraising, tax advantages, and a more professional image with clients and partners. It is ideal for startups and SMEs.

What is the process for registering a company in India?

The process includes: 1) Obtain Digital Signature Certificate (DSC) for proposed directors, 2) Obtain Director Identification Number (DIN), 3) Reserve company name through MCA portal, 4) Prepare and file SPICe+ form with required documents, 5) Pay government fees, and 6) Receive Certificate of Incorporation upon approval.

Can I convert my sole proprietorship or partnership into a private limited company?

Yes, you can convert a sole proprietorship or partnership into a private limited company by following the conversion process outlined by the MCA, which includes obtaining DIN for directors, reserving a new company name, and filing the necessary forms along with the required documents.

What are the ongoing compliance requirements after company registration?

Ongoing compliance includes: 1) Annual General Meeting (AGM) within 6 months of financial year-end, 2) Filing of Annual Returns (Form MGT-7) and Financial Statements (Form AOC-4), 3) Income Tax Return filing (ITR-6), 4) GST returns if applicable, 5) Maintaining statutory registers and records, and 6) Complying with labor laws and other applicable regulations.

How can I check the status of my company registration application?

You can check the status of your company registration application by visiting the MCA website, navigating to the 'MCA Services' section, and using the 'Track Application Status' feature by entering your application number or CIN.

What are the common reasons for company registration rejection?

Common reasons for rejection include: 1) Name similarity with existing companies, 2) Incomplete or incorrect documentation, 3) Non-compliance with naming guidelines, 4) Invalid DSC or DIN, and 5) Issues with the proposed registered office address.

Can I register a company without a physical office address?

No, a physical office address is required for company registration in India. However, you can use a virtual office address as long as it is a legally valid address and you have the necessary documentation to verify it.

What is the difference between a private limited company and a public limited company?

A private limited company has restrictions on share transfers and a maximum of 200 shareholders, while a public limited company can offer shares to the public and has no limit on shareholders. Public companies are also subject to more stringent regulatory requirements.

How do I choose a unique name for my company?

To choose a unique name, ensure it is not identical or similar to existing companies by using the MCA Name Availability Tool. Follow naming guidelines such as avoiding offensive words, ensuring it ends with 'Private Limited' for private companies, and considering trademark availability.

What are the tax implications of registering a company in India?

Tax implications include corporate tax rates (30% or concessional rates), Goods and Services Tax (GST) if applicable, Dividend Distribution Tax (DDT) on dividends paid to shareholders, and compliance with transfer pricing regulations for international transactions.

Can I register a one-person company (OPC) instead of a private limited company?

Yes, you can register an OPC if you are an individual entrepreneur who wants to start a business without partners. An OPC allows for single ownership while providing limited liability protection.

What is the role of directors in a private limited company?

Directors are responsible for managing the company's affairs, making strategic decisions, ensuring compliance with legal requirements, and acting in the best interest of the company and its shareholders.

How do I file annual returns and financial statements after registering my company?

Annual returns and financial statements can be filed through the MCA portal using Form MGT-7 for annual returns and Form AOC-4 for financial statements. Ensure you have all necessary information and documents ready before filing.

What are the advantages of registering a company in India?

Advantages include limited liability protection, separate legal entity status, easier access to funding and investment, tax benefits, enhanced credibility with customers and partners, and perpetual succession.

How can I get a Digital Signature Certificate (DSC) for company registration?

You can obtain a DSC from government-approved certifying authorities in India. The process typically involves submitting an application form along with identity and address proof documents, and paying the required fee.

What is the significance of a Director Identification Number (DIN) in company registration?

A DIN is a unique identification number assigned to individuals who wish to become directors of a company. It is mandatory for all directors and is used to track their involvement in various companies.

Can I register a company in India if I am a foreign national?

Yes, foreign nationals can register a company in India as long as they meet the requirements, such as having at least one resident director and obtaining the necessary documentation like DIN and DSC.

What are the steps involved in registering a private limited company?

Steps include: 1) Obtain DSC for proposed directors, 2) Obtain DIN, 3) Reserve company name, 4) Prepare MOA and AOA, 5) File SPICe+ form with required documents, 6) Pay government fees, and 7) Receive Certificate of Incorporation.

How do I ensure compliance with the Companies Act after registering my company?

Ensure compliance by conducting regular board meetings, maintaining statutory registers, filing annual returns and financial statements on time, adhering to tax regulations, and keeping up-to-date with any changes in laws that may affect your business.

What are the common challenges faced during company registration?

Common challenges include name approval issues, document verification delays, technical glitches on the MCA portal, understanding complex legal requirements, and ensuring all compliance criteria are met.

Can I register a company online without visiting any government office?

Yes, you can register a company online through the MCA portal using the SPICe+ form which allows for digital submission of all required documents and payment of fees without needing to visit any government office.

What is the importance of a registered office address for company registration?

A registered office address is important because it is the official address of the company where all communications and notices from the government and other entities are sent. It must be a physical address in India and cannot be a P.O. Box.

What are the benefits of using a virtual office address for company registration?

Using a virtual office address can provide benefits such as cost savings on physical office space, flexibility in location, and access to professional services like mail handling and call forwarding. However, it is important to ensure that the virtual office address is legally valid and meets the requirements for company registration.

What is the process for reserving a company name?

To reserve a company name, you need to use the MCA Name Availability Tool on the MCA website. Enter your proposed company name and check for availability. If the name is available and complies with naming guidelines, you can proceed to reserve it by filing the necessary form and paying the required fee.

How do I prepare the Memorandum of Association (MOA) and Articles of Association (AOA)?

The MOA should include the company's name, registered office address, objectives, liability of members, share capital details, and subscriber information. The AOA should outline the rules for internal management, including share transfer procedures, meeting protocols, and director responsibilities. You can use templates or seek professional help to ensure they meet legal requirements.

Expert LLP Filing Assistance - Expert Assistance

LLP Agreement Amendment Services in Amravati

Amend Your LLP Agreement with Expert Support - Starting @ ₹3,999 Only

100% Online Process. MCA Filing. Legally Compliant.

Form-3 Filing (LLP Agreement Amendment)
Supplementary Agreement Drafting
Profit Sharing Ratio Changes
Capital Contribution Amendments
Business Activities Modification
MCA Portal Submission

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What Sets Us Apart

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3. Amend Your LLP Agreement

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Form-3 Filing (Agreement Amendment)
Supplementary LLP Agreement Draft
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*Government fees are additional and vary based on company structure

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Dedicated relationship manager assigned to your company.
Documentation completed in 3 business days.
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Multiple name options processed to maximize approval chances.
Backup names prepared in case your first choice is unavailable.

Includes 12-month compliance support covering auditor appointment and statutory filings.

Overview Key Features Types of Changes Requirements Process Timeline FAQs

LLP AGREEMENT AMENDMENT - AN OVERVIEW

LLP Agreement Amendment refers to the process of making changes to an existing Limited Liability Partnership (LLP) Agreement. The LLP Agreement is the foundational document that governs the mutual rights and duties of partners and the LLP. Under the LLP Act, 2008, any changes to this agreement must be filed with the Registrar of Companies (ROC) using Form-3 within 30 days.

As businesses evolve, changes to the LLP Agreement become necessary - whether it's modifying profit sharing ratios, changing capital contributions, adding or removing business activities, or updating partner roles and responsibilities. These amendments ensure the agreement reflects the current understanding between partners and the actual operations of the LLP.

The amendment process involves drafting a Supplementary LLP Agreement that specifies the exact changes being made. This supplementary agreement, along with the required resolution, is filed with ROC. The original LLP Agreement read together with all supplementary agreements forms the complete partnership deed.

At IncorpX, we provide comprehensive LLP Agreement Amendment Services including legal drafting of supplementary agreements, Form-3 filing, and complete documentation support. Our expert team ensures your LLP Agreement changes are properly documented and filed.

What is LLP Agreement Amendment?

LLP Agreement Amendment is the legal process of modifying the terms and conditions contained in the LLP's foundational partnership agreement. Unlike companies where the Articles of Association can be changed by special resolution, LLP Agreement changes require consent of all partners (unless the agreement provides otherwise).

The LLP Agreement covers critical aspects like partner contributions, profit/loss sharing, roles and responsibilities, decision-making processes, and exit provisions. When any of these need modification, a Supplementary Agreement is executed specifying the changes.

It's important to understand that the LLP Agreement is a private document between partners, but its amendments must be filed with ROC. This ensures regulatory compliance and makes the changes part of the official LLP records.

Key Aspects of Agreement Amendment:

Partner Consent: All partners must agree to the amendment (unless agreement specifies otherwise).
Supplementary Agreement: Changes are documented in a supplementary deed, not by rewriting the original.
Form-3 Filing: Amended agreement must be filed with ROC within 30 days.
Legal Effect: Amendment takes effect from the date specified, not from filing date.

Important Note

If an LLP doesn't have a written LLP Agreement, the provisions of Schedule I of the LLP Act automatically apply. When partners decide to create a formal agreement or modify these default provisions, they execute an LLP Agreement and file it with ROC using Form-3.

Types of Changes That Require Amendment:

Various changes to LLP structure and operations require agreement amendment:

Type of Change	Description	Additional Forms (If Any)
Profit Sharing Ratio	Change in how profits/losses are distributed among partners	Form-3 only
Capital Contribution	Changes to partner contributions (increase/decrease)	Form-3 only
Partner Addition	Admission of new partner with agreed terms	Form-3 + Form-4
Partner Removal	Cessation of partner with revised terms	Form-3 + Form-4
Business Activities	Addition or removal of business activities/objects	Form-3 only
Designated Partner Change	Change in designated partner status	Form-3 + Form-4
Decision Making Process	Changes to voting, meetings, or approval processes	Form-3 only
Name Change Reflection	Update agreement after LLP name change	Form-3 (after Form-5 approval)
Registered Office	Change in principal place of business	Form-3 + Form-15
Miscellaneous Clauses	Other operational or governance terms	Form-3 only

What Are the Key Features of Our Agreement Amendment Services in Amravati?

Our LLP Agreement Amendment Services ensure professionally drafted and compliant modifications:

1. Expert Legal Drafting

Professionally drafted supplementary agreement by legal experts.

2. Form-3 Filing

Complete preparation and filing of Form-3 with ROC.

3. Resolution Preparation

Drafting partner resolution authorizing the amendment.

4. Consolidated Agreement

Updated consolidated version of entire LLP Agreement.

5. Legal Review

Thorough review ensuring changes are legally sound.

6. Expert CA/CS Support

Qualified professionals handle all documentation and filings.

7. Quick Turnaround

Efficient processing ensures timely filing within deadlines.

8. Pan-India Service

100% online process. We serve LLPs across all states remotely.

9. Transparent Pricing

Clear pricing with no hidden charges. Government fees communicated upfront.

10. Dedicated Support

Personal relationship manager for coordination and queries.

Documents Required for Agreement Amendment in Amravati:

To amend your LLP Agreement, keep the following documents ready:

Existing LLP Agreement (Current Version)

Details of Proposed Changes

LLP LLPIN and PAN

Digital Signature Certificate (DSC) of Designated Partners

Consent of All Partners (Written)

DPIN Details of All Partners

Board Resolution for Amendment

Any Previous Supplementary Agreements

Additional Documents for Specific Amendments:

Type of Amendment	Additional Documents Required
Partner Addition/Removal	New partner KYC (for addition), Resignation letter (for removal)
Capital Change	Proof of contribution (bank statement), Capital account statement
Business Activity Change	Description of new activities, Any required licenses
Name Change Reflection	Form-5 approval letter, New LLP certificate

Step-by-Step Agreement Amendment Process in Amravati:

Here's how we handle your LLP Agreement amendment:

Step 1: Consultation & Requirement Analysis

We understand the specific changes you need and advise on the best approach for structuring the amendment.

Step 2: Document Collection

We collect your existing LLP Agreement and any previous amendments through our secure online portal.

Step 3: Draft Supplementary Agreement

Our legal team drafts the Supplementary LLP Agreement incorporating all the proposed changes.

Step 4: Partner Resolution

We prepare the partner resolution authorizing the amendment and documenting partner consent.

Step 5: Review & Approval

You review the draft documents. We incorporate any feedback and finalize the documents.

Step 6: Document Execution

All partners sign the supplementary agreement and resolution documents.

Step 7: Form-3 Filing

We file Form-3 with the amended agreement on MCA portal within 30 days of execution.

Step 8: Confirmation & Records

You receive filing confirmation, supplementary agreement, and consolidated agreement for records.

Professionally drafted amendments with IncorpX!

Filing Timeline & Deadlines:

Form	Purpose	Filing Deadline	Late Filing Penalty
Form-3	LLP Agreement Amendment	Within 30 days of amendment	₹100/day of delay

Typical Processing Time:

Document Preparation: 2-3 working days

Client Review: 1-2 working days

Execution: 1-2 working days

Form-3 Approval: 2-3 working days

Total Process: 5-7 working days

Pro Tip

If you're making multiple changes (e.g., adding partner and changing profit ratio), combine them in a single supplementary agreement and file one Form-3. This saves time, fees, and keeps documentation organized.

Why Choose IncorpX for LLP Agreement Amendment in Amravati?

Expert Team: Qualified CA/CS/Legal professionals for drafting.

Complete Service: Drafting, filing, and consolidated agreement.

Quick Turnaround: Amendment completed within 5-7 working days.

Transparent Pricing: All-inclusive pricing with no hidden charges.

Pan-India Service: 100% online, we serve LLPs across India.

Dedicated Support: Personal manager throughout the process.

FAQs on LLP Agreement Amendment

Here are answers to the most frequently asked questions about LLP Agreement Amendment:

An LLP Agreement Amendment is the process of modifying the terms of the existing LLP Agreement. Changes are documented in a supplementary agreement and filed with ROC using Form-3.

You should amend when there are changes to profit sharing, capital contributions, business activities, partner roles, or any other terms originally agreed upon in the LLP Agreement.

Form-3 must be filed within 30 days from the date of amendment execution. Late filing attracts a penalty of ₹100 per day of delay.

Generally, all partners must consent to an amendment unless the LLP Agreement specifies otherwise (e.g., majority consent for certain changes).

No, you only need to execute a Supplementary Agreement specifying the changes. The original agreement read with all supplements forms the complete deed.

If there's no written agreement, Schedule I of LLP Act applies by default. You can execute a formal LLP Agreement now and file it with Form-3.

Yes, profit sharing ratio and capital contributions are independent. Partners can agree to any profit sharing arrangement regardless of their capital contributions.

Stamp duty varies by state. Some states charge stamp duty on supplementary agreements while others don't. We'll advise based on your LLP's registered state.

The complete process typically takes 5-7 working days from document submission, including drafting, execution, and MCA filing approval.

Yes, you can add or remove business activities by amending the LLP Agreement. Note that some activities may require additional licenses or registrations.

Yes, Digital Signature Certificate (DSC) of at least one Designated Partner is required to digitally sign and file Form-3 on MCA portal.

Yes, we provide an updated consolidated LLP Agreement that incorporates all amendments, making it easier for reference and future use.

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2025-10-30

Balaji Gutte

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2025-11-02

Dia

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I'd been planning to register my Private Limited Company for months but didn't know where to start - until I found IncorpX. The team guided me step by step, explained everything clearly, and completed the registration smoothly within the promised timeline. Their pricing was transparent with no hidden charges. Highly recommend IncorpX to anyone starting a business!

2025-10-07

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LLP Agreement Amendment Services in Amravati

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LLP Agreement Amendment Package in Amravati

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LLP AGREEMENT AMENDMENT - AN OVERVIEW

What is LLP Agreement Amendment?

Important Note

Types of Changes That Require Amendment:

What Are the Key Features of Our Agreement Amendment Services in Amravati?

Documents Required for Agreement Amendment in Amravati:

Step-by-Step Agreement Amendment Process in Amravati:

Step 1: Consultation & Requirement Analysis

Step 2: Document Collection

Step 3: Draft Supplementary Agreement

Step 4: Partner Resolution

Step 5: Review & Approval

Step 6: Document Execution

Step 7: Form-3 Filing

Step 8: Confirmation & Records

Filing Timeline & Deadlines:

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