LLP Annual Filing

Service Description

All LLPs shall be under obligation to maintain annual accounts reflecting true and fair view of its state of affairs. Every Limited Liability Partnership (LLP) is required to file LLP Form-8 (Statement of Account & Solvency) and LLP Form-11 (Annual Return) annually. Even if LLP does not do any business, it has to comply with statutory requirement such as Annual Return, Balance Sheet, Profit and loss Account and Income tax return every year. The statutory fees will depend upon the capital contribution of LLP. Only those LLPs whose annual turnover exceeds Rs. 40 lakhs or whose contribution exceeds Rs. 25 lakhs are required to get their accounts audited by a qualified Chartered Accountant. In case of LLPs with turnover more than 5 crore rupees in a financial year or contribution more than 50 lakh rupees, the annual return shall be certified by a Company Secretary in Practice. Form-8 is to be filed with the Registrar of LLP on or before 30th October every year. Every LLP is required to file Annual Return in Form-11 to the Registrar within 60 days from the closure of financial year i.e the Annual Returns has to be filed on or before 30th May every year.

Contact Details

• CB 353 Naraina Ring Road, Block CB, Naraina Village, Naraina, New Delhi, Delhi, India