Addition of Partner
Add a partner in an LLP in simple and quick process
Know more about Addition of a Partner
LLP is the entity that is governed by The LLP Act, 2008 and its LLP Agreement. LLPs are required to have a minimum of 2 Designated Partners, in case if any other partner wishes to be added then the consent of the proposed Partner is taken along with the approval of Existing Partners.
The procedure needs to be followed to add a partner which is completely online, and after successful addition, the details of the same will be updated on the MCA website.
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Plans of Addition of Partner
- DIN (Director Identification Number)
- DSC (Digital Signature)
- Drafting of Supplementary Agreement
- Filing of Form 3 & 4
- Stamp duty of Rs.500/- in case of changes in capital
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Simple solutions for Addition of Partner
Required Documents for Addition of Partner
Documents required for addition of partner
- Self-attested copy of PAN
- Self-attested copy of Adhar card/Election card/Driving License
- Passport size Photo
- Consent to act as a Partner/Designated Partner
- Original LLP Agreement
How to add a partner in an LLP?
- Collection of information and documents
- Application for Digital Signature
- Application for DIN (Director Identification Number)
- Drafting of Supplementary LLP Agreement
- Filing form with MCA
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Addition of Partner
As Addition of Partner/Designated Partner information is mentioned in LLP Agreement hence to add the details of New Partner the Agreement needs to be amended.
The Stamp duty will depend on two factors one is the state where the deed is executed and the amount of Capital Introduced.
Yes, one person can become Partner in more than one LLP.
The Person who wants to become Designated Partner needs to have DIN & DSC, though DIN & DSC is not needed when a person wants to become the only Partner.
Yes, it is mandatory to use the same DIN allotted for every Appointment.
Yes, a Foreign National can become a Partner/Designated Partner in LLP.
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