Add Designated Partner

Assure you are fully complied for change in LLP Partners


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Change partners in 3 Easy Steps

  • Pick a Package that best fits your requirements
  • Spare less than 10 minutes to fill in our Questionnaires
  • Provide basic details & documents required for change
  • Make payment through secured payment gateways
  • Assigned Relationship Manager
  • Supplementary agreement for a change of partners
  • Preparation of other necessary documents
  • Preparation and filing of Application
  • Updated MCA master data with modified details

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Process for addition or removal of partners

  • Consultancy for the requirement of change of partners
  • Collection of basic Information & documents
  • Application for DSC (for partner to be appointed)
  • Drafting of necessary Resolutions and Documents
  • Drafting of Supplementary Agreement
  • Provide documents required provided after signature
  • All it takes is 10-12 working days*
  • Let’s keep your business compliant and protected. Time to get on a free assessment call

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Have Questions? Find Answers Here

Yes, the LLP agreement must be modified with terms of addition or removal by execution of the supplementary deed. All the details including the change of capital and change in terms and profit sharing ratio will be provided in the deed.
The Supplementary Deed must be filed within 30 days from effective date of change or from the date of execution (whichever falls earlier. The delay in filing levies additional fee of Rs 100 per day till the date of filing.

The essential difference between both types of partners is the accountability. Where the partner is responsible only for acts and omissions by himself, the Designated
Partners are additionally responsible towards compliance and operational matters of the LLP, including penal provisions.

The LLP must appoint a new designated partner within 6 months from effective date. However, in case the LLP already has another partner, the status of such a partner can be changed to Designated Partner.
The stamp duty shall be paid according to the added capital in the LLP as per the rate prescribed by the respective state. Where there is the addition of capital while addition or removal, the Supplementary Agreement shall be executed by payment of Rs 100/- as stamp duty.
There are no limitations in terms of citizenship or residency to become a Partner. Therefore, the LLP Act, 2008 allows Foreign Nationals including Foreign Companies & LLPs to become LLP in India provided at least one Designated Partner is Indian Resident. The proposed Designated Partner shall hold valid DIN and not be disqualified.

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