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Stamp Duty For Llp Agreement In Up

The initial LLP agreement must be designed and submitted to the Registrar within 30 days of its registration, and if a Limited Liability Partnership does not file the original LLP agreement within the allotted time, a penalty of LS. 100 / – per day without fixed ceiling is applied. It is therefore very important to submit the first agreement as soon as possible in order to avoid punishment. The LLP agreement must contain details of the rules and regulations applicable to their partners. Any LLP agreement should be stamped to ensure authenticity. The applicant must take the expression of the agreement on the extrajudicial stamp. Stamp duty varies from state to state and also depends on the contribution of capital. Of the 2 DPs that execute the LLP agreement, one DP is from UP and the other from MP. The head office is located at MP. .