Amend LLP Agreement


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LLP can amend LLP agreement in accordance with the procedure in the LLP Agreement. Usually, the partners’ consent, either in writing or through a resolution passed at the partners’ meeting, is required to make change in the LLP agreement.

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    When to Amend LLP Agreement?

    LLP agreement is the agreement which determine the mutual rights and duties of the partners of an LLP and rights and duties in relation to the LLP. Situation may arise where partners required to amend LLP agreement to reflect present understanding. The following cases, usually LLP Agreement amendment required.

    1. Change in name of the LLP
    2. Change in activities of LLP
    3. Change in contribution
    4. Change in the LLP agreement to meet the requirements of Income tax Act
    5. Other changes such as voting rights, decision making, etc

    Requirements for amending LLP Agreement

    General Requirements

    • LLP Agreement: Copy of present LLP agreement for identifying the procedures to be adopted for LLP agreement amendment.
    • Consent of Partners: Partners consent accordance to LLP agreement.

    Documents Required

    Present LLP Agreement copy is only required for processing LLP Agreement amendment.

    Procedure to amend LLP Agreement


    (All Inclusive)

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