Annual Compliances for LLP
Timely LLP annual compliance filing — Form 11 (Annual Return), Form 8 (Statement of Accounts & Solvency), LLP agreement maintenance, and penalty avoidance. Expert assistance for all LLPs across India.
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What are Annual Compliances for an LLP?
A Limited Liability Partnership (LLP) registered under the LLP Act, 2008 must fulfil two mandatory annual filings with the Ministry of Corporate Affairs (MCA): Form 11 (Annual Return) and Form 8 (Statement of Accounts & Solvency). Form 11 is due within 60 days of financial year end (by 30 May), while Form 8 must be filed within 30 days of 6 months after financial year end (by 30 October). Unlike companies, LLPs are not required to hold an AGM, but they must maintain a current LLP Agreement and update it for any changes in partners or contribution. Non-filing attracts a penalty of ₹100 per day per form with no ceiling, making timely compliance critical. LLPs with turnover above ₹40 lakh or contribution above ₹25 lakh must also get their accounts audited by a Chartered Accountant.
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Key Annual Compliance Obligations for LLP
Form 11 — Annual Return
File Annual Return with details of partners, their contributions, and changes during the year. Due by 30 May each year.
Form 8 — Statement of Accounts
File Statement of Accounts and Solvency disclosing financial position of the LLP. Due by 30 October each year.
LLP Audit Requirement
Mandatory audit by CA if turnover exceeds ₹40 lakh or contribution exceeds ₹25 lakh. Unaudited accounts accepted below these thresholds.
LLP Agreement Maintenance
Keep LLP Agreement updated with current partner details, profit-sharing ratios, and roles. File Form 3 for any amendments within 30 days.
Eligibility & Requirements
How to Complete Annual Compliances for LLP
Our team ensures both Form 11 and Form 8 are prepared accurately and filed well before deadlines to avoid penalties.
1Step 1: Prepare Financial Statements
Compile profit & loss account and balance sheet for the year ending 31 March. Get audit done if threshold is crossed.
2Step 2: File Form 8 by 30 October
Upload Statement of Accounts and Solvency on the MCA LLP portal. Attach auditor report if applicable. Signed by two designated partners.
3Step 3: File Form 11 by 30 May
Submit Annual Return with summary of partners, their contributions, and any changes in management during the year.
4Step 4: File ITR-5 for the LLP
LLPs are taxed as a firm. File ITR-5 by 31 July (non-audit) or 31 October (audit cases). Remuneration to partners must be within prescribed limits.
We track all LLP compliance deadlines and proactively remind you to avoid costly late fees that accumulate at ₹100 per day.
Documents Required
LLP Formation Documents
- Certificate of Incorporation of LLP
- LLP Agreement (latest amended version)
- LLPIN and PAN of the LLP
Financial Documents
- Balance Sheet and P&L for the year
- Auditor Certificate (if applicable)
- Bank statements and trial balance
Partner Documents
- PAN and Aadhaar of all designated partners
- DPIN (Designated Partner Identification Number)
- DSC of two designated partners
Post-Registration Compliance
Income Tax Filing — ITR-5
LLPs must file ITR-5 annually. Audit is mandatory under Section 44AB if turnover exceeds ₹1 crore (business) or ₹50 lakh (profession).
GST Return Filing
GST-registered LLPs must file GSTR-1, GSTR-3B monthly/quarterly, and GSTR-9 annually.
Form 3 for LLP Agreement Changes
Any change in partners, contribution, or profit-sharing ratio requires filing Form 3 within 30 days of the change.
DPIN KYC for Designated Partners
All designated partners must complete DIR-3 KYC annually by 30 September to keep their DPIN active.
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