Designated partners remuneration_llp

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kowsalya (Querist)
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08 October 2021 can the designated partners draw remuneration from LLP irrespective of drawing the directors remuneration as a whole time or managing directors in 2 companies?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 October 2021 Salary can be paid only to working partners of LLP.

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kowsalya

kowsalya (Querist)
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08 October 2021 They are working partners in LLP too. Can you please clarify whether the limit of remuneration from 2 companies includes LLP also?

Thanks in Advance

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 October 2021 No, it will not include.