The LLP agreement must be stamped in accordance with the rate of stamp duty payable in the Member State in which the LLP is registered. Make sure the agreement must be printed on out-of-court stamp paper. MCA aims for such a document to validate the creation of an LLP. The applicant must bring the agreement to MCA[1] within thirty days of the creation of LLP. A breach of these conditions entails specific penalties which must be paid in accordance with the provisions of the competent authority. We can therefore conclude that this agreement is an essential part of the creation process, which must be addressed without delay by the applicant. LIMITED LIABILITY PARTNERSHIP AGREEMENT or LLP AGREEMENT means that any written agreement between the LLP agreement is an agreement containing all the information relating to its creation for winding. The LLP agreement contains details on LLPs, which include reciprocal rights and obligations between partners, as well as between LLPs and their partners. An LLP agreement also includes a profit sharing and a share of the partners` contribution.

An LLP agreement also contains LLP rules and rules. Z.B. provides for an agreement on how new partners can join this LLP and how it will be implemented. During the LLP registration process, the partner/applicant comes up against the situation in which they have to submit an LLP agreement to MCA. This is an imperative condition and the last step in the creative process. Remember that any violation in this case can result in a significant penalty. An agreement must appear on the stamp paper and be notarized. Stamp duty is a matter of state.