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LLP Annual Filings

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LLP Annual Filings

LLP Annual Filings

Limited Liability Partnerships (LLPs) enjoy the flexibility of a partnership and the benefits of limited liability, making them a popular choice for businesses. However, even if an LLP has no business activity, it is legally required to file annual returns and financial statements with the Ministry of Corporate Affairs (MCA) every year.

Failure to comply with annual filing requirements can result in heavy penalties, legal action, and even strike-off of the LLP from MCA records.

we provide end-to-end assistance to ensure your LLP remains compliant with all statutory obligations.

Why LLP Annual Filings Are Important?

  • ✅ To maintain active and legal status with MCA

  • ✅ To avoid penalties and legal consequences

  • ✅ Ensures financial transparency and governance

  • ✅ Required for loan, funding, or government tenders

  • ✅ Builds credibility with clients and authorities

Mandatory LLP Filings – Every Financial Year

LLPs registered in India are required to file the following annual forms:

1. Form 11 – Annual Return of LLP

  • Due Date: On or before 30th May every year

  • Details Covered: Designated Partners, capital contribution, and summary of changes (if any)

  • Applicable to: All LLPs, regardless of turnover or activity status

2. Form 8 – Statement of Account & Solvency

  • Due Date: On or before 30th October every year

  • Details Covered: Financial statements including Profit & Loss Account, Balance Sheet, declaration of solvency

  • Certification: Must be certified by a Chartered Accountant

3. Income Tax Return Filing (ITR-5)

  • Due Date:

    • 31st July if audit not required

    • 31st October if audit is required

  • Mandatory even if there is no income

  • LLPs with turnover over ₹40 lakhs or contribution above ₹25 lakhs are required to get their books audited

Optional/Conditional Filings (If Applicable):

  • Form 3 – For any amendments in LLP Agreement

  • Form 4 – Appointment/Resignation of Partners

  • Form 24 – For striking off an LLP