Form 3: Used to file the LLP Agreement or any changes in it.Form 4: Used to inform the appointment, removal, or change in partners/designated partners.
2. Contains
Form 3: Details of the LLP Agreement – profit sharing, duties, rules, etc.Form 4: Details about partners/designated partners, their consent, and changes.
3. Filing Conditions
Form 3: Must be filed within 30 days of LLP registration or agreement change.Form 4: Must be filed within 30 days of any partner change.
4. Under Companies Act
Form 3: Required under Section 23(2) of the LLP Act, 2008.Form 4: Required under Section 25(2) of the LLP Act, 2008.
5. Applications
Form 3: To register or update the LLP agreement with MCA.Form 4: To update MCA about changes in LLP partners or designated partners.
6. Involved Parties
Form 3: Filed by existing designated partners.Form 4: Filed by LLP with consent from new/retiring partners.
7. Required Documents
Form 3: Copy of the LLP Agreement and its changes.Form 4: Consent letters of partners, appointment or resignation proofs.