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Add/Remove a Partner in LLP

Have you considered adding or removing a partner in your LLP ?
Prices start at
INR 2000 /- only.

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    Get complete knowledge about Add/Remove a Partner in LLP

    For LLPs: Adding or removing a partner in an LLP involves making changes to the LLP Agreement, which governs the rights and responsibilities of the partners.

    Process Flow:

    • Prepare the necessary amendments to the LLP Agreement.
    • Hold a meeting of the partners to discuss and approve the changes.
    • Execute the supplementary agreement or amendment to the LLP Agreement.
    • File Form 3 (LLP Agreement) or Form 4 (Notice of Change in Partners) with the Registrar of Companies (RoC) within 30 days of the change.
    • Pay the applicable filing fee and submit the necessary documents.
    • The RoC will review and process the filing, and upon successful approval, the partner will be added or removed from the LLP.

     

    FAQs on Add/Remove Partner in LLP

    Get answers to all your queries

    Documents Required-Scan photographs of all the Incoming Partners -Occupation and Educational Qualifications of all the Incoming Partners -Self attested and colour copy PAN Card of all the Incoming Partners -Self attested and colour copy ID Proof of all the Incoming Partners (Driving License/Passport/Voter ID) -Details regarding Capital Contribution of all the Incoming Partners -Get in touch with our team today! Obtain a comprehensive checklist for all documents

    Not necessarily , if minimum one Designated partner is a resident

    Changes would be filed using the relevant form with the MCA to initiate such changes

    7-14 Days ideally

    Sure you can

    Want to add or remove partners from your LLP : Entrust the service to the experts

    Want to have a partner reshuffle in your LLP . Looking to add or remove persons ?We have got you covered. Entrust the service in expert hands of team Clearbiz

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    Why You Might Need to Add a Partner in LLP

    Lets have a look at some common grounds for partner addition and removal

    – Expanding your business to new markets , and want partners to manage

    Want to bring in a partner with special skill sets

    – Sharing responsibilities and workload effectively.

    -Persons retiring from LLP due to personal reasons

    Circumstances that make a person ineligible to be a partner

    1. As per the LLP Act following persons are ineligible
    2. A person adjudged insolvent within preceding 5 years;
    3. A person who has defaulted in payment made to Creditors within preceding 5 years and has not made a composition with them;
    4. A person convicted by a Court for an offence involving moral turpitude involving sentence of not less than six months;
    5. A person involved in any act of fraud;
    6. Minors below the age of 18 years.
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    Benefits of Adding a Partner with ClearBiz

    We can boast of an expert team comprising of CA , CS and lawyers .Their vast experience and in-depth knowledge on the entire process makes the process hasslefree and complaint for our clients

    We can assure you that 

    – Our streamlined process gets the process done in minimal time.

    – All compliances are strictly adhered to

    – Receive expert guidance 

    – clear communication at each stage of the process

    Cost and Timeline to Add a Partner in LLP

    To know more on the service fee and expected timeline for adding / removing a partner, get in touch with us at info@clearbiz.in

     

     

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    Documents Required to Add a Partner in LLP in Kerala

    Documents Required

    1. Scan photographs of all the Incoming Partners
    2. Occupation and Educational Qualifications of all the Incoming Partners
    3. Self attested and colour copy PAN Card of all the Incoming Partners
    4. Self attested and colour copy ID Proof of all the Incoming Partners (Driving License/Passport/Voter ID)
    5. Details regarding Capital Contribution of all the Incoming Partners.

     How to Get Started with ClearBiz's "Add a Partner in LLP" Service

    Get in touch with us at info@clearbiz.in

    – Call us at 79949 11151

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