Annual Filing For LLP (ROC)
Annual Filing
₹
5,000/-*
₹
- Statutory Fees including Additional Fees, Penalty in course of Filing of Annual Return is not included in the above amount.
- The Client is responsible for the reliability, accuracy and completeness of the accounting records, particulars and information provided and disclosure of all material and relevant information. Clients are required to arrange for reasonable access by us to relevant individuals and documents, and shall be responsible for both the completeness and accuracy of the information supplied to us. Any advice given to the Client is only an opinion based on our knowledge of the Client’s particular circumstances.
- The client will be responsible for verifying the information contained in such returns and/or filings prior to approving/signing such return/filing.
- Fees Should be paid according to conversation held between the Legal Parivar Team and Client.
Annual Compliances
Ensuring compliance with regulatory standards through regular return filings is imperative for a Limited Liability Partnership (LLP) to avoid substantial penalties. While LLPs enjoy a comparatively lighter annual compliance burden in contrast to private limited companies, the consequences of non-compliance can still result in significant fines.
Filing of Annual Return – Form 11
Limited Liability Partnerships (LLPs) must annually submit a return to the Ministry of Corporate Affairs for every financial year, utilizing Form 11. This filing is crucial as it compiles vital information about the LLP, encompassing details such as the total count of designated partners, comprehensive information about each partner, contributions received from partners, and a summary of all participating partners
Due Date
Form 11 must be submitted by all Limited Liability Partnerships (LLPs) within 60 days following the conclusion of the financial year, necessitating filing by May 30th annually.
Penalty for Late Filing
Failure to submit annual filing forms within the specified timeframe will result in an LLP incurring a Penalty of Rs.100 for each day of delay.
Filing of Statement of Accounts – Form 8
Limited Liability Partnerships (LLPs) are required to annually submit a Statement of Accounts & Solvency using Form 8. This statement outlines the financial position of the LLP, encompassing details about its assets and liabilities.
Due Date
Form 8 must be filed by Limited Liability Partnerships (LLPs) within 30 days from the completion of six months following the end of the financial year. Ensuring compliance necessitates submitting Form 8 within this specified timeframe.
Penalty for Late Filing
Adhering to the prescribed filing timeline for Form 8 is crucial for Limited Liability Partnerships (LLPs). Failure to submit this form on time may lead to penalties, specifically in the form of a daily Penalty of Rs. 100. Ensuring compliance with the filing requirements specified in Form 8 is essential for LLPs to uphold their good standing and prevent financial penalties.