Partnership Firms and Limited Liability Partnerships (LLPs) are required to fulfill various statutory and regulatory compliances under the Indian Partnership Act, 1932 and the LLP Act, 2008. Ensuring timely compliance helps avoid penalties, maintain transparency, and safeguard business operations.
At Ganesh K Choudhary & Co, we provide expert compliance services for both Partnership Firms and LLPs, ensuring smooth legal operations.
Our Key Compliance Services
1. Annual Compliance for Partnership & LLP
Both Partnership Firms and LLPs must file annual returns to stay compliant with legal regulations.
✅ For LLPs:
- Form 8 – Statement of Accounts & Solvency
- Form 11 – Annual Return Filing
- Income Tax Return Filing
✅ For Partnership Firms:
- Annual Income Tax Return Filing
- Financial Statements Preparation
- GST & Other Regulatory Compliance
🔹 Avoid late filing penalties and ensure hassle-free compliance!
2. Change in Contribution (LLP Only)
LLPs can increase or decrease the capital contribution by partners. Such changes must be reported to the ROC.
✅ Process Includes:
- Consent from all partners
- Amendment in LLP Agreement
- Filing Form LLP-3 with MCA
🔹 We handle all documentation and filings for smooth approval.
3. Change in Partners (Addition / Removal / Resignation)
Partnership Firms and LLPs can add, remove, or change partners based on business needs. This requires proper documentation and government filings.
✅ Key Steps:
- Amendment in Partnership Deed / LLP Agreement
- Resignation or removal filing
- Filing Form LLP-4 (For LLPs) with ROC
🔹 Ensure legal compliance while changing partnership structures.
4. Change in Partnership Deed
A Partnership Deed governs business operations and profit-sharing agreements. Changes in business structure, capital, or terms must be legally updated.
✅ Common Amendments:
- Change in profit-sharing ratio
- Modification in business scope or responsibilities
- Change in capital investment or withdrawal
🔹 We draft & register the updated Partnership Deed as per legal norms.
5. Change in Business Name
Changing a Partnership Firm or LLP name requires approval and legal documentation.
✅ Process Includes:
- Name approval (for LLPs via MCA)
- Amendment in Partnership Deed / LLP Agreement
- Filing Form LLP-5 (for LLPs)
- Updating tax and bank records
🔹 Rebrand smoothly with expert compliance handling.
Why Choose Us?
✅ Expert Guidance – Hassle-free compliance handling
✅ Timely Filings – Avoid penalties & legal issues
✅ End-to-End Support – From documentation to approvals
✅ Affordable Pricing – Transparent fees, no hidden costs
📞 Get Started Today!
Ensure smooth Partnership & LLP compliance with expert assistance from Ganesh K Choudhary & Co.