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LLP Annual & ROC Compliance

LLP Annual & ROC Compliance refers to the yearly filings that every Limited Liability Partnership must submit to the Registrar...

A Pvt.Ltd Company Offers Limited Liability and Independent Legal Status.

LLP Annual & ROC Compliance refers to the yearly filings that every Limited Liability Partnership must submit to the Registrar of Companies. It includes statements of accounts, solvency, and annual returns to ensure legal compliance and smooth functioning of the LLP.

A Limited Liability Partnership (LLP), regulated by the Limited Liability Partnership Act, 2008, is a popular business structure in India because of its flexibility, limited liability for partners, and fewer compliance requirements compared to companies. However, LLPs are still required to follow certain annual compliance regulations to avoid penalties and stay in good standing with authorities like the Registrar of Companies (ROC) and the Income Tax Department.

This guide covers all the essential annual compliance requirements for LLPs in India in a simple and easy-to-understand manner.

Meeting annual compliance is important because it helps LLPs: Maintain Legal Standing: It ensures that the LLP remains in good standing with the ROC and other regulatory bodies. Avoid Penalties: Missing deadlines can result in hefty fines and late fees. Transparency: Filing annual returns and financial statements promotes transparency within the LLP. Tax Compliance: It ensures that the LLP meets all tax obligations and avoids scrutiny from tax authorities.
Form 11 – Annual Return → By 30th May.
Form 8 – Statement of Account & Solvency → By 30th Oct.
ITR Filing –
31st July (if no audit).
30th Sept (if audit required).
Tax Audit – If turnover > ₹40L OR contribution > ₹25L → Report with ITR (by 30th Sept).
DIR-3 KYC – Designated Partner KYC → By 30th Sept.
Books of Accounts – Maintain on cash/accrual basis → Preserve for 8 years.
Form 11: Annual return of LLP - provides information about partners, contribution, and other details.
Form 8: Statement of account and solvency - declares the financial position of the LLP.
Form ITR-5: Income tax return specifically for LLPs.
Form DIR-3 KYC: Annual KYC compliance for designated partners.
Change in Partners → Form 4 → Within 30 days.
Change in Registered Office → Form 15 → Within 30 days.
⚠️ Warning: Failing to meet annual compliance deadlines can lead to severe penalties:
Form 11 and Form 8 Late Fees: Non-compliance results in a penalty of ₹100 per day for each form, until the forms are submitted.
Income Tax Return Late Fees: Failure to file the income tax return by the due date can result in a penalty of up to ₹10,000.
LLP Strike-Off: Repeated non-compliance may lead to the LLP being struck off from the ROC's register, which can cause legal and operational issues.
Form 11: Annual return of LLP
Form 8: Statement of account and solvency Form DIR-3 KYC: KYC for designated partners
Form 4: Notice of change in LLP partners
Form 15: Notice of change in LLP's registered office
May 30: Filing of Form 11 (Annual Return)
July 31: Filing of Income Tax Return (if audit not required)
September 30: Filing of Income Tax Return (if audit required) and DIR-3 KYC for designated partners
October 30: Filing of Form 8 (Statement of Account & Solvency)

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