LLP Annual Filing
All Limited Liability Partnerships (LLPs) registered with the
Ministry of Corporate Affairs (MCA) are obligated to submit Annual
Returns and Statements of Accounts for each financial year. This
requirement applies regardless of whether the LLP has conducted
any business activities.
Filing of Annual Return: Every LLP must file an Annual Return
using Form 11 with the Registrar of Companies within 60 days from
the end of the financial year. Therefore, the Annual Return must
be submitted on or before the 30th of May each year. Form 11, or
Annual Return, is applicable to LLPs registered up to 30th
September 2015. LLPs registered after 1st October 2015 will
commence filing returns in the year 2017.
Filing of Annual Accounts (Statement of Accounts, Profit & Loss,
and Balance Sheet): Every LLP is required to file its Statement of
Accounts using Form 8 with the Registrar of Companies on or before
the 30th of October each year. Form 8, or Annual Statements,
applies to LLPs registered up to 30th September 2015. LLPs
registered after 1st October 2015 will begin filing annual
statements in 2017.
LLPs are distinct legal entities, and it is the responsibility of
their Designated Partners to maintain accurate accounting records
and submit annual returns to the MCA every financial year.
Notably, LLPs with an annual turnover exceeding Rs. 40 lakh or a
contribution exceeding Rs. 25 lakhs are required to have their
accounts audited by a qualified Chartered Accountant as per
statutory requirements.
Procedure for Registration
Step 1: Preparation of Annual E-Filing Documentation
A compliance expert from Lexprosoft Providers will compile
the necessary documentation in the prescribed forms for your
company, based on the financial performance of the previous
financial year. This process utilizes the information and
documents provided by your organization
Step 2: Verification of Annual Forms
Following the preparation of documentation, the Finance Team at
Lexprosoft Providers will meticulously verify the completed
annual e-filing forms and digitally sign them.
Step 3: Submission of Annual E-Filing Forms
Once the verified annual e-filing forms, along with requisite
attachments, are prepared, they will be submitted to the Ministry
of Corporate Affairs in accordance with regulatory requirements.
Upon completion of the filing process, your company will receive
confirmation of the filed annual return.
This streamlined approach ensures compliance with statutory
obligations and keeps your organization informed throughout the
filing process.
Documents Required for LLP Annual Filing
The following documents are required for compliance purposes:
Choose Lexprosoft for your LLP Annual Filing
Ensure your Limited Liability Partnership remains compliant with
expert assistance from Lexprosoft. From preparing and filing
mandatory forms like Form 11 and Form 8 to meeting strict
deadlines, we handle all aspects of your LLP Annual Filing. With a
focus on accuracy, efficiency, and cost-effectiveness, Lexprosoft
simplifies the process so you can focus on growing your business.
Trust us to protect your compliance status and avoid penalties.
Contact our Experts today and take the first step towards your
startup success!
Related Guides
A Comprehensive Guide to Startup India Registration: Eligibility,
Benefits, and Procedure
Is Startup India a scheme?
Who is eligible for Startup India?
Startup India Scheme
LLP Annual Filing
FAQ's
What is LLP Annual Filing?
LLP Annual Filing is the process of submitting financial statements, annual returns, and compliance documents to the Registrar of Companies (ROC) for Limited Liability Partnerships (LLPs) in India, as required by the LLP Act, 2008.
Who is required to file LLP Annual Returns?
All LLPs in India, regardless of their turnover or activity, are required to file their annual returns with the ROC. This includes even LLPs that have not conducted any business during the financial year.
What forms are used for LLP Annual Filing?
Form 11: For filing the annual return of the LLP.
Form 8: For filing the Statement of Accounts and Solvency (financial statements), including balance sheet, profit & loss statement, and other financial details.
Form 8: For filing the Statement of Accounts and Solvency (financial statements), including balance sheet, profit & loss statement, and other financial details.
What happens if an LLP fails to file annual returns on time?
Failure to file annual returns on time results in penalties and late fees. The LLP may face a fine and additional charges for each day the filing is delayed. Non-compliance may also lead to dissolution of the LLP.
Can I file LLP Annual Returns after the due date?
Yes, but you will incur late fees. The longer the delay, the higher the penalties. It is advisable to file as soon as possible to avoid further penalties.
What documents do I need for LLP Annual Filing?
Form 11: Information about the partners and the LLP’s activities.
Form 8: Financial statements, including balance sheets and profit & loss statements, certified by a qualified professional (like a CA).
Audit report (if applicable for large LLPs).
Form 8: Financial statements, including balance sheets and profit & loss statements, certified by a qualified professional (like a CA).
Audit report (if applicable for large LLPs).
What is the penalty for late LLP Annual Filing?
The penalty for delayed filing is:
A penalty of ₹100 per day for each default until the filing is completed.
The maximum penalty can go up to ₹1 lakh or more, depending on the delay.
A penalty of ₹100 per day for each default until the filing is completed.
The maximum penalty can go up to ₹1 lakh or more, depending on the delay.
Do I need to file LLP Annual Returns if the LLP has not conducted any business?
Yes, even if the LLP has not conducted any business, you are still required to file the annual return and the statement of accounts. However, the financial statements may show "no activity" if no business was done.
Can I file LLP Annual Returns online?
Yes, all LLP Annual Filings are done online through the MCA21 portal. You can file forms like Form 11 and Form 8 electronically by uploading the required documents.
When is the deadline for LLP Annual Filing?
Form 11 (Annual Return) must be filed within 60 days from the end of the financial year.
Form 8 (Statement of Accounts and Solvency) must be filed within 30 days from the end of six months of the financial year (usually by October 31st).
Form 8 (Statement of Accounts and Solvency) must be filed within 30 days from the end of six months of the financial year (usually by October 31st).
Still have questions?
Can’t find the answer you’re looking for? Please chat to our
friendly team.
We are a diversified company specialized in providing
comprehensive financial solutions for individuals and
businesses.
Need help? 24/7
+91 933 255
2770
Central Park, 3/4, Doctor's Colony, City Center, Durgapur,
West Bengal 713216
HD-119, Cinnabar Hills, Embassy Golf Links Business Park, Challaghatta, Bengaluru,
Karnataka 560071