Many LLPs mistakenly believe that small scale or inactive operations exempt them from compliance filing. This is incorrect — every registered LLP must file certain annual returns even if it has no turnover or business transactions during the year.

Failure to comply can result in:

• Heavy late filing fees

• Legal notices from the Registrar of Companies (ROC)

• Disqualification of designated partners

• LLP being marked as inactive or struck off

Timely filing of compliance reports ensures the LLP remains in good legal standing, builds credibility with stakeholders, and allows partners to operate freely without legal risk.

1. Filing of Annual Return (Form 11)

• Must be filed with the ROC every year.

• Contains details of partners, contributions, and changes during the financial year.

• Filing deadline: May 30th every year.

2. Filing of Statement of Accounts & Solvency (Form 8)

• Must be filed with the ROC.

• Includes a declaration of solvency and the LLP’s financial statements.

• Filing deadline: October 30th every year.

3. Income Tax Return Filing (ITR-5)

• LLPs must file annual income tax returns with the Income Tax Department.

• Filing deadline: July 31st (without audit) or October 31st (with audit).

4. Tax Audit (if applicable)

• LLPs with a turnover exceeding Rs. 1 crore (for business) or Rs. 50 lakh (for profession) must get their accounts audited and file a tax audit report.

5. Other Compliances (as applicable)

• TDS Returns

• GST Returns (if registered)

• MSME Form (for suppliers classified under MSME)

• Filing of any resolutions or changes in LLP agreement with ROC

• Certificate of Incorporation

• LLP Agreement

• PAN Card of LLP

• Bank Statements

• Financial Statements

• Statement of Contributions

• Details of Partners

• Tax payments challans (if applicable)

Step -1 Arrange all Required Documents: The first step is to arrange all the documents and send the same over the email / WhatsApp to us. Once all the Documents are Received, we will Start the Further Process.
Step-2: Preparation of Documents: The Next Step is Preparation of Documents to be Submitted at Department.
Step-3: Finalization of Balance Sheet and ITR: The Next Step is Finalization of Balance Sheet and ITR to be submitted.
Step-4: Preparation of Notices and Board Minutes: The Next Step is Preparation of Notices and Board Minutes.
Step-5: Submission of Forms: The Next Step is Filing of Forms i.e ADT-1. AOC-4. MGT-7 to ROC.

1. Higher Credibility: Annual compliance provides for higher credibility to the organization for loan approvals or any other similar requirements.

2. Record of Financial Worth: Annual compliance filings by LLP’s provide records to other companies regarding their financial worth, which may result in new and interested investors.

3. Stays Active and No Penalties: With regular filings, LLPs are not declared as defunct, and stays active. Also, annual compliance filings are mandatory and hence involve penalties (additional fees) to LLPs, when they default on filings.

4. Conversion or Closure: Regular annual compliance filings facilitate easier conversion of Limited Liability Partnerships into other types of companies, as well as quicker resolutions in case of dissolution of partnerships.

Annual returns need to be filed with the Registrar of Companies.

Annual returns to be filed as per the prescribed format of LLP Form 11.

This is required to be filed within 60 days from the close of the financial year, or the 30th of May of each year.

The LLP annual compliance has to be met by each and every registered LLP even if there is no business activity. In fact, it has to be met even if the LLP has been closed down and whether or not a business bank account exists.

Q1. What is Annual Return?
Annual return is a mandatory filing to be made by all LLPs in India. The Annual return along with the required documents must be filed with the Ministry of Corporate Affairs.

Q2. What is the Statement of Accounts and Solvency?
The Statement of Accounts and Solvency is a mandatory filing that is required for all LLPs in India. The Statement of Accounts and Solvency contains a declaration on the state of solvency of the LLP by the designated partners and also information related to the statement of assets and liabilities and statement of income and expenditure of the LLP.

Q3. What is the Due Date of Filing of LLP Return?
The Annual return of an LLP is due within 60 days of close of financial year. Annual return of an LLP is due on or before May 30th of each financial year.

Q4. What is the Penalty for Not Filing LLP Annual Return?
Late filing or non-filing of LLP Annual Return or Statement of Accounts and Solvency before the due date will attract a penalty of Rs.100 for each day of default.