LLP Name Change Service

Starting from ₹4,000 + GST

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Table Of Content

  1. LLP Name change
  2. What drives an LLP name change?
  3. Eligibility for LLP Name Change
  4. Process of LLP Name Change
  5. Documents Required for LLP Name Change
  6. FAQs
  7. Get in Touch with us

LLP Name change

A Limited Liability Partnership (LLP) combines the flexibility of a partnership with the security of limited liability, making it a preferred business structure. Over time, LLPs may require a name change for various reasons, such as rebranding, expansion, or legal compliance. The process involves verifying name availability, completing necessary forms, and registering the new name with the Registrar of Companies (RoC). This change is documented in an amended LLP Agreement to ensure all partners and legal entities are aligned.

What drives an LLP name change?

As a business grows or pivots, a name change can help align the LLP’s identity with its updated goals, market position, or product offerings.
Expanding into new markets or reaching broader audiences may require a name that resonates with diverse customers, clients, or investors.
Conflicts with existing trademarks or changes in regulatory guidelines may necessitate a name change to meet legal standards and avoid disputes.
A more distinctive or memorable name can increase brand visibility and make the LLP more recognizable in a competitive market.
When an LLP’s name is similar to other entities, a name change helps establish a unique identity and prevents confusion among clients or stakeholders.

Eligibility for LLP Name Change

  • Voluntary decision by Partners
  • RoC forms
  • Legal or regulatory compliance

    • Process of LLP Name Change

    Step 1

    Verify the new LLP name’s availability on the MCA portal to ensure it’s not similar to any existing LLP, company, or registered trademark. It must also comply with the Emblems and Names (Prevention of Improper Use) Act, 1950.

    Step 2

    File Form RUN-LLP (Reserve Unique Name) with the RoC to reserve the chosen name.

    Step 3

    Once the name is approved, update the LLP Agreement to reflect the new name and any other relevant details about the internal structure.

    Step 4

    Form LLP-5 is submitted to officially notify the RoC of the name change and provide the amended LLP Agreement. This must be done within 30 days of name approval, along with all required documents.

    Step 5

    The RoC verifies the documents and, upon approval, issues a new Certificate of Incorporation reflecting the updated LLP name.

    Step 6

    Update all official records, contracts, bank accounts, licenses, and permits with the new LLP name to ensure smooth operations.

    Documents Required for LLP Name Change

    Amended LLP Agreement
    Existing Certificate of Incorporation
    Forms RUN-LLP and LLP- 5
    Digital signature
    Payment receipts

    FAQs

    How can I check the availability of the new LLP name?

    You can check the name availability on the MCA website using the name availability search tool to ensure the name is unique and complies with ROC naming guidelines.

    What is Form RUN-LLP?

    Form RUN-LLP (Reserve Unique Name) is used to reserve a new name for an LLP. You can propose two alternate names, and the ROC will approve one.

    What is the role of Form LLP-5?

    Form LLP-5 is used to notify the ROC about the LLP name change and submit the amended LLP agreement. It must be filed within 30 days of name approval.

    How much does it cost to change the LLP name?

    The cost includes filing fees for Form RUN-LLP and Form LLP-5, as well as professional fees if you hire a consultant. The specific amount can vary, but government filing fees are fixed.

    How long does it take to change the LLP name?

    The process typically takes 10–15 business days, depending on the time taken by the ROC to approve the name and the timely submission of documents.

    Can an LLP change its name more than once?

    Yes, there is no restriction on the number of times an LLP can change its name, provided each change follows the prescribed process.

    What happens if the ROC rejects the proposed name?

    If the ROC rejects the name in Form RUN-LLP, you will need to submit the form again with new name options.

    Is it mandatory to amend the LLP agreement after a name change?

    Yes, it is mandatory to amend the LLP agreement to reflect the new name, and the amended agreement must be submitted to the ROC.

    Can two LLPs have the same name?

    No, two LLPs cannot have the same name. The proposed name must be unique and not similar to any existing LLP or company.

    Can an LLP name be changed without ROC approval?

    No, an LLP cannot change its name without the approval of the Registrar of Companies (ROC).

    Do I need to inform the tax authorities of the LLP name change?

    Yes, once the LLP name is changed, it is important to update tax records, such as GST and PAN, to reflect the new name.

    Is a public notice required for LLP name changes?

    Public notices are not mandatory but can help inform stakeholders and clients of the name change.

    Can name changes impact existing contracts?

    While the legal entity remains the same, updating contracts with the new name ensures smooth operations and clarity.

    Are there penalties for delayed LLP-5 filing?

    Yes, late filing may incur penalties, so it’s important to file within the 30-day limit after name approval.

    Can the LLP use the new name before the RoC approval?

    No, the new name can only be officially used once the RoC approves and issues a new Certificate of Incorporation.

    Get in Touch with us

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