Add/Remove a Partner in LLP

Add/Remove a Partner in LLP

Every LLP must have at least two Designated Partners who are natural persons and at least one of them shall be resident in India.

Who is a Designated Partner under LLP?

Every LLP must have at least two Designated Partners who are natural persons and at least one of them shall be resident in India. The LLP deed specifies who are to be Designated Partners and the responsibility of doing all acts, things and matters as are required under the LLP Act vests with the Designated Partners and they are concerned with the overall administration of LLP. A Designated Partner can be added or removed by passing a resolution by LLP and filing relevant forms with the Registrar of Companies.

Mandatory requirements for appointment of Designated Partners are valid Digital Signature Certificate (DSC), Designated Partner Identification Number (DPIN) and Consent Letter from proposed Designated Partner. DPIN is similar to DIN in case of Directors of Companies. You may read the DIN Application to understand how to apply for DPIN. DPIN can be obtained for any person above the age of 18. Indian National, Non-Resident Indians, and Foreign Nationals can be appointed a Designated Partner in India.

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