7/11/2019

How to change business activity of an LLP

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Every LLP is formed to carry on a specific business activity with a motive to earn profit. At the time of incorporation of an LLP, partners have to provide the main object of an LLP. Such object must be mentioned in brief in the LLP agreement. An LLP cannot carry on any business activities which are not mentioned in the agreement.

If partners want to widen or change the business activity then it must be recorded in an agreement. Every change in LLP agreement must be approved by MCA.

Read More :- How to change business activity of an LLP
Tags: llp agreement / Business Registrations / llp compliance / change in business activity

 

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