Add Partner to LLP

Partners in an LLP are responsible for taking over LLP’s business. In order to add a participant to LLP, the person who proposes to become a partner must obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN). DIN can be obtained for any person over 18 years of age. The nationality or residence status of the DIN applicant does not matter. Therefore, Indian citizens, NRIs and foreign citizens can get DIN and they can be appointed as LLP partner in India.

eMindsCA.com is a leading professional service platform in India, offering various services like LLP registration, trademark filing, GST registration, income tax filing and more. eMindsCA.com can help you appoint a director in your company. Average time to file for partner appointment is subject to approximately 10-15 working days, government processing time and customer documentation submission. Receive a free consultation for the appointment of partner by scheduling an appointment with eMindsCA.com Advisor.

Duties and rights of an LLP Partner

General Duties

An LLP partner is obliged to provide LLP’s business for common profit, to be fair and faithful to each other and to provide true information and complete information to all partners, affecting the firm.

Duty for Indemnity

Each partner of LP is required to compensate the LLP for any loss due to fraud in the operation of the firm’s business.

Partner's Right

All participants have the right to participate in the operation of LLP’s business and to inspect and copy the books of LLP accounts.

Implied Right

The authority of a partner to bind the LLP, in the case of transactions, the way business is done by LLP, binds the LLP.

Properties of LLP

All property, rights and interest in property acquired (or embossed) acquired or developed with the money of LLP is considered to be related to LLP.

BASIC

all inclusive fees

Rs.4500
  • Add a Partner having DSC and DIN to a LLP.
STANDARD

all inclusive fees

Rs.5500
  • Add a Partner having DSC to the LLP. Fee inclusive of one DIN application.
PREMIUM

all inclusive fees

Rs.6500
  • Add a Partner to the LLP. Fee inclusive of one DSC and one DIN.

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How do we help in connecting the allies in LLP
eMindsCA.com can help you add a partner to your LLP.

Free Consultation
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Advisor
The process of adding a participant to LLP will depend on the partnership agreement. Our specialists will advise you on the relevant process for you.

Board Resolution
Once you get an understanding of the procedures involved in connecting a partner to your LLP, our specialists will draft the necessary documents for the process.

Filing
Once the filing is signed, our experts will prepare and file necessary documents with the Ministry of Corporate Affairs to link the new partner.

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