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LLP Name Change

at Just

9628

Expected To Be Complete* : 12 Jun 2024

Documents Required

  1. Certified copy related to the consent of Partners to make an application for a fresh name.
  2. Certified copy related to your the Limited Liability Partnership otherwise LLP Agreement
  3. Trademark application otherwise registration certificate photocopy, if some
  4. Ensure that the consent letter appended to the e-form also permits one of the partners to file it with the Ministry of Corporate Affairs (MCA).

Deliverable

LLP Name Change

Process

Time Taken

  •  Within a period of fifteen days.

How to Change the Name of Your LLP: A Comprehensive Guide

As a business owner, changing the name of your LLP can be a significant decision. However, sometimes, it becomes necessary to rebrand your company to align with your current goals or to avoid legal or branding issues. In this article, we will take you through the process of changing the name of your LLP in a step-by-step guide.

Step 1: Conducting a Name Search

Before changing your LLP name, it is crucial to ensure that your desired name is available for registration. You can conduct a name search on the Ministry of Corporate Affairs (MCA) website. The search will help you identify whether there are any similar names registered and if your desired name is available.

Step 2: Conducting a Board Meeting

After conducting a name search, you need to call for a board meeting to pass a resolution to change your LLP's name. During the meeting, you should discuss and approve the proposed name change and authorize one of the designated partners to file the necessary forms with the Registrar of Companies (ROC).

Step 3: Preparing and Filing Forms with the ROC

The next step is to prepare and file the necessary forms with the ROC. The following forms are required for the name change process:

. Form LLP 5: This form needs to be filed with the ROC within thirty days of passing the resolution to change your LLP's name. It is essential to ensure that the form is signed by a designated partner and certified by a practicing-chartered accountant or company secretary.

. Form LLP 3: This form is required to update your LLP's name on the MCA website. It must be filed within fifteen days of receiving the ROC approval for the name change.

Step 4: Obtaining New PAN and TAN

After changing your LLP's name, you need to update your Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN). You can update your PAN and TAN by submitting an application to the Income Tax Department.

Step 5: Updating Other Legal Documents

After updating your PAN and TAN, you should update your LLP's name on other legal documents, such as licenses, permits, and agreements. Additionally, you should update your LLP's name on your website, business cards, and other marketing materials.

FAQs of LLP Name Change

The procedure for changing the name of an LLP is as follows:
Hold a meeting of all the partners to pass a resolution for changing the name of the LLP.
Check the availability of the new name on the MCA website and reserve the name.
Prepare the necessary documents such as the LLP agreement, consent of partners, resolution, etc.
File Form LLP-5 with the MCA along with the required documents and fees.
Wait for approval from the MCA. If approved, the new name will be updated in the LLP's Certificate of Incorporation and LLP Agreement.
he following documents are required for the LLP name change:
LLP agreement
Consent of partners
Resolution for change of name
Copy of the name approval letter from the MCA
Updated LLP agreement reflecting the new name
Form LLP-

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