Annual Filings of LLP
Your trusted partner for LLP compliance — ensuring accurate and timely annual filings with MCA to maintain legal status and avoid penalties.
Overview
Every Limited Liability Partnership (LLP) registered in India is required to file annual returns and financial statements with the Registrar of Companies (RoC) every financial year. These filings are governed under the Limited Liability Partnership Act, 2008 and are mandatory irrespective of business activity or revenue.
Key filings include Form LLP-11 (Annual Return) and Form LLP-8 (Statement of Account & Solvency). Failure to comply may result in heavy penalties—often as high as ₹100 per day per form—and can lead to the disqualification of partners or the strike-off of the LLP. Bizmint ensures your LLP remains 100% compliant through meticulous data validation and timely MCA submissions.
Key Benefits
Statutory Compliance
Fulfill mandatory legal requirements under the LLP Act, ensuring your entity remains in 'Active' standing with the MCA.
Active Status
Maintaining an 'Active' status is critical for participating in government tenders and obtaining corporate contracts.
Penalty Mitigation
Avoid the exorbitant late fees of ₹100 per day per form by ensuring all filings are completed well before the deadlines.
Financial Credibility
Up-to-date filings demonstrate financial transparency, which is essential for securing bank loans and investor funding.
Asset Protection
Ensures the limited liability protection of partners remains intact by avoiding defaults that could pierce the corporate veil.
Partner Protection
Prevent the disqualification of partners and legal actions that can arise from continuous non-compliance.
Eligibility Requirements
Ensure your business meets these basic criteria for a smooth registration process.
Expert Tip
Having all directors present in India is not mandatory, but at least one director must be a resident of India (stayed in India for 182+ days).
Documents Required
Keep these documents ready to fast-track your application.
Financial Data
- Statement of Assets & Liabilities
- Statement of Income & Expenditure
- Bank Statements for the Financial Year
Entity Details
- LLP Agreement
- PAN Card of the LLP
- Last Filed Form 11 (if applicable)
Partner Info
- PAN & Aadhaar of Designated Partners
- Digital Signature (DSC) of Partners
- Details of Partner Contributions
Registration Process
Our seamless digital-first approach ensures completion in the fastest possible time.
Data Compilation
Gathering all financial records, bank statements, and partner details for the relevant financial year.
Account Preparation
Drafting the Statement of Account and Solvency as per the prescribed LLP accounting standards.
Form LLP-11 Preparation
Preparing the Annual Return containing details of partners, contributions, and entity status.
Partner Verification
Obtaining digital signatures (DSC) from the designated partners for authentication of the forms.
Professional Certification
Getting the forms certified by a practicing CA or CS, as required based on the LLP's turnover/contribution.
MCA Portal Filing
Submitting Form 11 (by May 30) and Form 8 (by Oct 30) on the official MCA V3 portal.
Challan Generation
Generating and paying the statutory government filing fees to confirm the submission.
Acknowledgement
Providing the SRN acknowledgement and filing copies for your permanent corporate records.
Mandatory Compliance
Staying compliant is crucial for your company's good standing. Non-compliance may lead to penalties and director disqualification.
View All Compliance ServicesWhy Choose Bizmint?
We combine professional expertise with technology to provide the best-in-class incorporation experience.
FAQs
Common questions about Annual Filings of LLP
Keep Your LLP Compliant
Ensure timely and accurate annual filings for your LLP with expert assistance from the compliance team at Bizmint LLP.