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.
Designated Partner in LLP - Overview
At least two partners are required to serve as designated partners in a Limited Liability Partnership (LLP). These partners must be included by name in the LLP partner agreement and have a Designated Partner Identification Number. It is possible to add or subtract the appointed partner. When compared to other forms of company registration, these are simpler to apply for and require less compliances.
The number of partners has no upper limit. Additionally, there are no limitations on entering or leaving an LLP. It is simple to join or quit. Additionally, the ownership can be easily transferred from one person to another. Read through to find out more about adding a designated partner in LLP.