Increase LLP Contribution expand your LLP's capital base with a compliant agreement amendment.
In an LLP, the capital contributed by partners is defined in the LLP Agreement. When partners wish to increase the LLP's total contribution — to fund expansion, meet working capital needs, or admit a new partner — the LLP Agreement must be amended to reflect the revised contribution, and Form 3 must be filed with the Registrar within 30 days.
Contact UsAn increase in LLP contribution requires a supplementary or restated LLP Agreement specifying the revised contribution of each partner — executed by all designated partners and filed in Form 3 within 30 days. If a new partner is admitted, Form 4 must also be filed. Stamp duty on the amended LLP Agreement, computed on the basis of the contribution amount, must also be paid.
At Beyonte Compliances, we manage the complete process — from assessing the existing contribution structure and advising on stamp duty, to drafting the supplementary LLP Agreement, obtaining partner consents, and filing Form 3 and Form 4 (if applicable) on MCA21.
What Our LLP Contribution Increase Service Covers
Contribution Assessment
Reviewing the current contribution structure and advising on the appropriate form of contribution — cash, property, or other benefit.
Stamp Duty Computation
Computing the stamp duty payable on the amended LLP Agreement — based on the incremental contribution and applicable state stamp duty rates.
Partners' Resolution
Drafting and obtaining the resolution of all designated partners approving the increased contribution.
Supplementary LLP Agreement
Drafting the supplementary (or restated) LLP Agreement incorporating the revised contribution of each partner.
Form 3 Filing
Filing Form 3 on MCA21 within 30 days of the amendment — with the supplementary agreement and stamp duty confirmation attached.
Form 4 Filing (New Partner)
Filing Form 4 if a new partner is admitted as part of the contribution increase.
Stamp Duty Payment
Arranging and documenting stamp duty payment on the amended LLP Agreement.
Statutory Record Update
Updating the register of partners and internal accounts to reflect the revised contribution.
Our Process
Contribution & Stamp Duty Assessment
Reviewing current structure and computing stamp duty on incremental amount.
Partners' Resolution
Obtaining consent of all designated partners.
Supplementary LLP Agreement
Drafting amended agreement with revised contributions.
Form 3 (& Form 4) Filing
Filing Form 3 and Form 4 (if new partner) within 30 days.
Stamp Duty & Records
Paying stamp duty and updating partner registers.
Why It Matters
Frequently Asked Questions
Want to increase your LLP's capital contribution? Let's get started.
Contact our team — agreement drafting to Form 3 filing, all handled.