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Adding a Designated Partner

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    Adding a Designated Partner

    Every Limited Liability Partnership must have at least two designated partners. To add a designated partner, a resolution needs to be passed. He must have a DPIN and his name must be amended in the LLP agreement.

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    Here’s How It Works

    Ready to appoint a new designated partner? Zolvit provides end-to-end support.

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    Excellent service and support. Vakil Search Team is very supportive and professional. I Really appreciate the service and support from the team.

    Rachna Pathania

    Founder & CEO of SchnellTek Software Pvt. Ltd.

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    Zolvit has been our legal service provider for quite a long time! Our experience with them has been great, especially the speed and proficiency with which they deliver their services. We recommend them!

    Satya Vasireddy & Sravani Vasireddy

    Founders of Lovely Chocos

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    Zolvit is exactly what it does. Legal is simple. We went to Zolvit to register our Trademark during the lockdown and everything was done online with ease. We never even had to step out of the house. It was truly a digital experience.

    Adarsh Agarwal

    CEO & Developer of Golghar.com

    Here’s What You’ll Need

    Once you have the below documents ready, submit them digitally to add a new designated partner for your LLP. Zolvit uses the best-in-industry security protocols to ensure your documents are always secure.

    • DSC

    • DIN

    • Address proof

    • Copy of PAN card

    • Supplementary partnership agreement

      Why Should I Use Zolvit for LLP Registration?

      • We Register a New Company Every 9 Minutes

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        We Register a New Company Every 9 Minutes

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      • Nominal rates, great turnaround time

        Quick & Affordable

        Nominal rates, great turnaround time

      • 100% satisfaction guaranteed

        Satisfaction

        100% satisfaction guaranteed

      Zolvit can assist you in onboarding a new designated partner for your LLP in little to time. Our experts handle everything from the get-go so that you can focus on other pressing matters in your business.

      Did you know

      Did you know?

      Partner of an LLP is ineligible to become or remain as Designated Partner for five years if he or she fails to file Financial Statements for any three consecutive fiscal years: MCA

        The Ministry of Corporate Affairs (MCA) notified the LLP (Second Amendment) Rules, 2022, to amend the existing LLP Rules, 2009. Now at the time of incorporation, five partners can be appointed as designated partners.

        An Overview on Adding a Designated Partner

        In the case of a Limited Liability Partnership (LLP), at least two partners must serve as designated partners. These partners must be assigned a Designated Partner Identification Number and have their names included in the LLP partner agreement. The designated partner can be replaced or withdrawn. When compared to other forms of business registrations, adding a designated partner to an LLP is simpler to implement and requires less compliances.

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            Checklist for Adding a Designated Partner

            • The applicant must be at least 18 years old.
            • He must have a unique identification number (For instance, Aadhaar Card)
            • Each LLP must have at least two designated partners
            • The individual must be of sound mind
            • The individual should not have committed fraud.
            • At least one designated partner must be a resident Indian national.
            • The proposed designated partner should not have declared bankruptcy in the previous five years.
            • The other designated partners must provide a consent letter
            • The individual must also have good relations with creditors.

            How to Apply for Adding a Designated with Zolvit

            When you pick Zolvit for adding a designated partner to your LLP, we accomplish the same in three simple steps in the shortest amount of time.

            • Step 1: Obtaining DSC and DIN

              DIN and DSC must be obtained and processed before a designated partner may be enrolled. Our experts can help you obtain the same within three days.

            • Step 2: Amending the Partnership Deed

              The decision to add a designated partner will be made in a meeting according to the partnership agreement. The name of the new partner must then be added to the supplemental partnership agreement.

              Our experts will now assist you in drafting the partnership agreement. This process might take up to four days.

            • Step 3: Form - 3 and Form - 4

              Within 30 days after the appointment, the new designated partner must file Form-4. This form, along with the extra and original deeds, must be submitted. Following this, form-3, together with the partnership deed, should be filed and processed within 30 days of the appointment.

              When all of the above mentioned formalities are completed, the new designated partner's name will be added to the LLP and will be visible on the MCA's website.

            FAQ's

            What are the different kinds of LLP Partners?

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            Can a foreigner be designated LLP partner? If so, what are the additional requirements?

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            What paperwork will a designated partner need to fill out throughout the inclusion process?

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            How many partners can incorporate an LLP?

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            Is Zolvit’s process for adding a designated partner completely online?

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