The submission of an LLP agreement with the Ministry of Corporate Affairs is the final step in registering an LLP. After receiving the LLP`s certificate of creation, the LLP agreement duly signed by LLP`s partners must be filed within 30 days. If the LLP agreement is not submitted, a fine of 100 ru. per day will be inflicted without a ceiling. It is therefore important to prepare and submit the LLP agreement quickly after its creation. Each Liability Limited partnership has an LLP agreement that mentions all the rules and regulations. Upon receipt of the registration certificate by the Registrar, the Limited Liability Partnership must submit the original LLP agreement in form 3 with the required taxes. Each LLP agreement is written on extrajudicial stamp paper, since stamp duty is paid to the state government and not to the WAB. Stamp duty must be paid by the Limited Liability Partnership under the Stamp Act. Stamp duty is determined by the capital of LLP and the state in which LLP is headquartered. The LLP agreement must be printed on non-judicial stamp paper. Once printed on stamp paper, it must be signed by LLP partners and certified notarized.

The value of the stamp paper on which the LLP agreement or stamp duty on the LLP agreement is printed depends on the state of incorporation and the amount of the partners` capital contribution. The LLP agreement is required during the opening of LLP`s bank account, stamp duty duty must be paid on agreement and the same must be approved by the Ministry of Corporate Affairs by LLP Form 3 The above rate is according to the latest Stamp Duty Act, the stamp duty of the State of Telangana is the same as by Andhra Pradesh.State. What will be the stamp duty in Telangana? Rates are also the same as in 2009. Please share the latest courses. Thanks in advance for your collaboration Sir my llp is in haryana and the capital is 20,000 rs. And I stretched form 3 with 101 rs. now my form is paid in the return model with the lack of less stamp duty paid on the llp convention. Can you tell me what the value of the stamp tax should be for the llp agreement? Now, for how much value do I have to buy extra-judicial stamp paper? An agreement must appear on the stamp paper and be notarized. Stamp duty is a matter of state. Each state has a different stamp law and there is no fixed rate on which stamp duty is levied; The rate of stamp duty varies from state to state. In addition, stamp duty also varies with the amount of capital paid into the LLP. Since the LLP agreement determines the essence of the partnership, it must be prepared and submitted within 30 days of the initiation of an LLP.

The Ministry of Corporate Affairs can be a hefty fine of Rs. 100 per day, without a ceiling, for non-compliance. It is therefore essential to prepare an LLP agreement and submit it within the time frame required to avoid the non-compliance clause. My LLP agreement is under the jurisdiction of Maharashtra and I will pay stamp duty after challan. I just want to know what details should be included in the „Details of the Mandatory Payer“ and „Other Party Information“ column. An LLP agreement contains different clauses, as agreed by the partners. The LLP agreement defines the roles and responsibilities of LLP partners. It must be signed by all partners. An LLP works in accordance with the agreement. In the event of a dispute, it is resolved in accordance with the applicable clauses of an LLP agreement. If no clause is included, the resolution will be adopted under the LLP Act. The LLP agreement must provide details of the rules and rules applicable to its partners.

Any LLP agreement should be stamped to ensure its authenticity. The applicant must take the expression of the agreement on the out-of-court seal. Stamp duty varies from state to state and also depends on the capital contribution.