Ongoing Compliance

Annual Compliance for Limited Liability Partnership

A team of expert company secretaries lead by our senior partners will always be available to handle your LLP hassle free.

  • LLP Form 11
  • LLP Form 8
  • LLP Tax Audit
  • Income Tax Return Filing

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LLP Annual Filings

LLP Form 11

Annual Return or Form 11 is a summary of an LLP's Partners. It is also an indication of whether there is any change in the management. LLP is required to file Annual Return in Form 11 to the Registrar within 60 days from the closure of a financial year. That is, the Annual Return has to be filed on or before 30th May every year.

LLP Form 8

All LLPs are required to maintain their Books of Accounts in Double Entry System. They also need to prepare a Statement of Solvency (Accounts) every year ending on 31st March. For this purpose, LLP Form 8 should be filed with the Registrar of Companies on or before 30th October every year.

LLP Tax Audit

LLPs are separate legal entities. Therefore, it is the responsibility of the Designated Partners to maintain proper book of accounts and file annual return with the MCA each financial year. LLPs are not required to audit its accounts unless the annual turnover exceeds Rs.40 lakhs or if the contribution exceeds Rs.25 lakhs.

Income Tax Return Filing

LLPs must file income tax return using Form ITR 5. Form ITR 5 can be filed online through the income tax website using the digital signature of the designated partner. The deadline for LLP tax filing in India is July 31st if tax audit is not required.