Add Partner

Easily Add Partner to LLP

A Partnership in which the liability of the partner is limited is called limited liability partnership. There should be atleast one partner whose liability is unlimited, whereas, the liability of remaining partners is limited. LLP has a separate legal entity. To start a Limited Liability Partnership, at least 2 members are required, however, there is no limit on the maximum number of partners. TAXPERT ASSOCIATES offers an easy process for appointment of partner from Rs.4899/-

FEES STRUCTURE

  • GST REGISTRATION - 499/-
  • MSME under UDHYOG ADHAR - 499/-
  • ACCOUNTING SOFTWARE FOR 1 YEAR - 2499/-
  • Private Limited Company Registration - 13999/-

Add Partner to LLP

Partners in a LLP are responsible for the carrying on the business of the LLP. To add a Partner to a LLP, the person proposing to become a Partner must obtain a digital signature certificate (DSC) and director identification number (DIN). DIN can be obtained for any person who is above the age of 18. The nationality or residency status of the DIN applicant does not matters. Hence, Indian Nationals, Non-Resident Indians and Foreign Nationals can obtain DIN and be appointed as Partner of a LLP in India.

TAXPERT ASSOCIATES is the leading business services platform in India, offering a variety of services like LLP registration, trademark filing, GST registration, income tax filing and more. TAXPERT ASSOCIATES can help you appoint a director in your company. The average time taken to file for appointment of Partner is about 10 - 15 working days, subject to government processing time and client document submission. Get a free consultation for appointment of Partner by scheduling an appointment with an TAXPERT ASSOCIATES Advisor.

Duties and Rights of a LLP Partner

General Duties

Partners of a LLP are bound to carry on the business of the LLP to common advantage, to be just and faithful to each other, and to render true accounts and full information of all things affecting the firm or to any partner.

Duty to Indemnify

Every Partner of a LLP is required to indemnify the LLP for any losses caused to it by a fraud in the conduct of the business of the firm.

Rights of Partner

All Partners have right to take part in the conduct of the business of the LLP and access to inspect and copy the book of accounts of the LLP.

Implied Authority

The authority of a Partner to bind the LLP, in case of an transaction carried on, in the usual way business is carried on by the LLP, binds the LLP.

Properties of LLP

All property, rights and interest in assets (tangible or intangible) acquired or developed with the money of the LLP are deemed to belong to the LLP.

Documents Required for Private Limited Company

  • Identify proof of Partner/Authorized Person
  • Address Proof of Partner/Authorized Person
  • DSC of Partner /Authorized Person
  • Proof of Registered Office
  • Signed Incorporated Documents
 
     
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