ADDITION OF DESIGNATED PARTNER IN LLP

ADDITION OF DESIGNATED PARTNER IN LLP

Two individuals who are partners shall act as designated partners in case of LLP. The partners must have DPIN (Designated Partner Identification Number) and their name must be present in LLP partner agreement. The partners can be added, changed and removed easily with lesser compliances compared to company.

Procedure for Addition of Designated Partner in LLP

The below-mentioned steps should be followed-

Director Identification Number and Digital Signature Certificates should be obtained and a consent letter is also required.
New partner’s name shall be added to the partnership deed.
Form-4 shall be filed by a new partner.
Along with that original, an additional deed must be submitted.
Form-3 shall be filed and processed along with the partnership deed within 30 days of the appointment.
Finally designated partner’s name will be added to the LLP and can be viewed in the Ministry of Corporate Affairs website.

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