1
Fill a Checklist
2
Submit Documents
3
Filing of Form 8&11
4
Filing of your ITR
5
You get Acknowledgement
Limited liability partnership is a partnership with limited liability. Every LLP which is registered with the Ministry of Corporate Affairs have to file the Annual Returns and Statement of Accounts every year and that is annual filing for LLP.
There are mainly 3 compliances which are mandatory for every LLP to comply for any financial year.
a) Annual Return for LLP (Form 11)
b) Financial Statements of the LLP (Form 8)
c) Income Tax Returns Filings.
Yes, every LLP has to mandatorily file Annual Returns and financial statements with the Ministry even if they are not doing any business. It is a compulsory requirement of law that even NIL returns should be filed.
Audit under LLP Act: Only those LLP whose annual turnover exceeds Rs. 40 lakhs or whose contribution exceeds Rs. 25 lakhs are required to get their accounts audited.
Filing of Annual Return (Form 11): Annual Return or Form 11 is a Summary of all the Designated Partners like whether there are any changes in the management of the LLP or not. 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. Annual Returns have to be filed on or before 30th May every year.
Filing of Statement of Accounts (Form-8): Every LLP is required to prepare and close its accounts until the 31st March every year. From 8 is to be filed by at least two Designated Partners with the Registrar within 30 days after completion of six months of Financial Year. Accordingly, 30th October is the last date for filing annual accounts every year.
Filing of Statement of Accounts (Form-8): Every LLP is required to prepare and close its accounts until the 31st March every year. From 8 is to be filed by at least two Designated Partners with the Registrar within 30 days after completion of six months of Financial Year. Accordingly, 30th October is the last date for filing annual accounts every year.
