Annual Compliances of Limited Liability Partnership (LLP)

starterSILVER

  • Professional Fees
  • Auditor Appointment (1 Year)
  • Balance Sheet, P&L (1 Year)
  • Statutory Audit (1 Year)
  • ITR Filling (1 Year)
  • Detail Quotation

STARTING

₹ 20,000 ₹ 11,999

All inclusive price

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starterSILVER

  • Professional Fees
  • Auditor Appointment (1 Year)
  • Balance Sheet, P&L (1 Year)
  • Statutory Audit (1 Year)
  • ITR Filling (1 Year)
  • Detail Quotation

STARTING

₹ 20,000 ₹ 11,999

All inclusive price


Registration Process

process

Hold a meeting of the Partners for approving the balance sheet & profit and loss account statement of the LLP.

process

LLP whose turnover does not exceed, in any financial year, 40 lakh rupees or whose contribution does not exceed 25 lakh rupees is not required to get its accounts audited.

process

10. Review of secretarial records of the LLP

process

Filing of Annual Return within 60 days from the closure of financial year with the Registrar in LLP Form-11 on or before 30th May.

process

Filing of Statement of Account & Solvency within 30 days from end of six months of close of financial year with the Registrar in LLP Form-8 i.e., 30th October.

Documents Required

document Disclosure Under
MSME Development
Act, 2006.
document Details of LLP or
Company in which
partners/
designated
partners are
directors/
partners
document Financial
Statement of the
LLP

Benefits

benefit

Avoid penalty of Rs. 100 per day per form from the due date of filing return till the date actual return is filed.

Mandatory Compliances for LLP

The elected partners need to maintain a proper book of accounts and file an annual return with the Ministry of Corporate Affairs (MCA). Limited Liability Partnerships firm required to file Statement of Account & Solvency within a period of 30 days from the end of 6 months of the financial year. The Statement of Account & Solvency need to be filled before October 30th of every financial year and the annual return for Limited Liability Partnerships is due on May 30th every year even if the LLP has not completed any business in that financial year.

Annual Compliance of Limited Liability Partnership (LLP)

For a Limited Liability Partnership (LLP), Returns should be filed every year for maintaining compliance and escape heavy penalties under the law for non-compliance. LLPs have very few compliances to be followed every year but fines seem quite high.

Benefits of Annual Compliance of LLP

LLPs will increase their reputation in the eyes of the public by Comply with the requirements of MCA and registrar of Companies. By complying with the requirements of the authorities, foreign investors are more likely to invest in LLPs.

The estimate of expenses for above is

SILVER

₹ 20,000 ₹ 11,999

  • Professional Fees ₹ 11999
  • Auditor Appointment (1 Year) ₹ 0
  • Balance Sheet, P&L (1 Year) ₹ 0
  • Statutory Audit (1 Year) ₹ 0
  • ITR Filling (1 Year) ₹ 0
  • DIN eKYC Filling (1 Year) ₹ 0
  • Form 8 & Form 11 Filling (1 Year) ₹ 0
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Important Note

"1.The e-form needs certification of a practicing Company Secretary compulsorily if either of the following conditions is satisfied: Total contribution made by Partners is more than Rs. 50 lakhs OR Turnover of LLP is more than Rs. 5 crores "

Lead Time

2-4 days from receipt of signed documents.

Frequently Asked Question

Form 11 has to be filed by all LLPs irrespective of their turnover. Even LLP not doing business in the financial year, Form 11 need to be filed.

The mandatory compliance for LLPs are Auditor Appointment, Balance Sheet, P&L, Statutory Audit, ITR Filling, DIN eKYC Filling, Form 8 & Form 11 Filling

In case LLP has been incorporated on or after 1st October of financial year, then LLP can close its first financial year either on the coming or next 31st March i.e. LLP files its first financial year details for 18 months.

LLPs in India are required to comply with annual filings under Limited Liability Partnership Act, 2008. The filings with ROC is mandatory once a year

Why Ease2Bizz?

First of all, our team completes the entire process in less than 10 days because of its skills and knowledge. Also, working with the best talents of the market, we closely keep a tab on all the amendments made to various laws. We also make it a point to keep you updated with all kinds of compliances. We also inform you about all the requirements on time.

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Testimonials

Let our consumers’ reviews shed a little more light on our services!

quote

You can forget about all compliance once you choose Ease2Bizz. They have prompt and professional services, I will definitely recommend it to others.

Mr. Amol Turkhade
Innoway Technologies (Director)
quote

I literally had my company registered in 5 days. I couldn't have been any more satisfied.

Dr.Santosh Kakade
Core India Institute of Legal Medicine Pvt Ltd (Director)
quote

Highly professional services, I will recommend to everyone!

Mr. Yash Rane
CHIZEL PRINTS MANUFACTURING PRIVATE LIMITED (Founder)
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Highly professional services, I will recommend to everyone! They have commendable services, I really loved their work.

Mr. Nikhil Gunjal
VERTEX SAFETY PRODUCTS PRIVATE LIMITED (Director)
quote

For the past few years, I was having issues focusing on my core business. Then Ease2Bizz helped me with my focus and now we are not only growing but more importantly working with our ideal clients!

Sachin Malpani
Bake-lite Food Processing Pvt Ltd (Director)

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