Add/Remove Partner in LLP

A Designated Partner in an LLP (Limited Liability Partnership) is a person who holds legal responsibility for the day-to-day management and statutory compliance of the LLP under the Limited Liability Partnership Act, 2008. While all partners share ownership and profits, designated partners act as the official representatives of the firm before the Ministry of Corporate Affairs (MCA) and other authorities.

Under Section 7 of the LLP Act, every LLP must have at least two Designated Partners, and at least one of them must be a resident of India (i.e., has stayed in India for a minimum of 120 days during the financial year). Each designated partner must possess a valid Designated Partner Identification Number (DPIN), which is a unique number issued by the MCA—similar to a DIN (Director Identification Number) for company directors.

Designated partners play a key compliance role in ensuring that the LLP meets its legal obligations, such as:

• Filing Form 8 (Statement of Accounts and Solvency) annually.
• Filing Form 11 (Annual Return of LLP).
• Maintaining proper books of accounts and records.
• Updating changes like partner addition or resignation through Form 3 and Form 4.
• Ensuring that the LLP Agreement reflects the latest composition and business structure.

If a new partner joins or an existing one resigns, the LLP must update the MCA records within 30 days of the change.

• Form 4 is used to record the appointment, cessation, or change in details of a partner or designated partner.
• Form 3 is used to file any modification in the LLP Agreement, such as changes in profit-sharing ratios or roles.

Failing to update this information may attract penalties under Section 25 of the LLP Act, as the MCA treats it as non-compliance.

Who Can Become a Designated Partner?

• Any individual (not an HUF or company) can be appointed.
• Must be at least 18 years old and legally competent.
• Must possess or apply for a DPIN before appointment.
• At least one designated partner must be a resident of India.

A foreign national can be appointed if proper ID and address proofs are provided.

Why Tax Intelligence?

Tax Intelligence is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. Appointment of Director is easy, seamless, cheapest and quickest with Tax Intelligence! Apart from a Director Appointment, Tax Intelligence also helps entrepreneurs with Private Limited Company Registration, Public Limited Company Registration, LLP Registration, HUF, One Person Company and all other compliances easily.

How Tax Intelligence Works for Designated Partner in LLP?

• We verify your LLP details and confirm eligibility before filing begins.
• Collect and review all documents, including consent letters and ID proofs.
• Help obtain or validate the DPIN of the incoming designated partner.
• Draft and update the LLP Agreement in line with MCA requirements.
• Prepare resolutions and declarations for partner addition or change.
• File Form 3 and Form 4 online with accurate digital signatures.
• Review all attachments to ensure there are no errors or missing details.
• Track your filing status and coordinate with the Registrar of Companies (ROC).
• Notify you instantly once the change is approved by the MCA.
• Share the updated LLP master data reflecting the new partner details.
• Provide final documents and acknowledgment copies for your records.
• Offer ongoing guidance for future LLP compliance or partner updates.
• Maintain transparent communication and share progress at every stage.
• Assign a dedicated compliance manager for personalized support.
• Ensure smooth completion of your process without any penalties or delay.