banner_ad

Salary to one of the partner in llp

LLP 346 views 2 replies

Is it possible to pay monthly salary to one of the partner in LLP. As the company is very small and has only two partners as staff of the company, what are the documents and procedure to follow to start paying salary to one of the partner.

Replies (2)
check whether llp has inserted remuneration clause in the llp agreement or not.. if not then supplementary agreement with the remumeration needs to file with roc.
if llp agreement has clause that the llp may pay remuneration to its partner then consent of other partner is required to pay salary


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details