LLP Annual Compliance Overview

Limited Liability Partnerships (LLPs) in India are required to fulfill annual compliance obligations to maintain their legal status. Key filings include Form 11, which is the Annual Return due by May 30, and Form 8, the Statement of Accounts and Solvency, due by October 30 each year. Even if the LLP has not conducted any business, these forms must still be filed. Additionally, LLPs must file their Income Tax Returns (ITR) annually, and audit requirements apply if turnover exceeds prescribed limits. Timely compliance helps avoid late fees, penalties, and potential legal consequences, while ensuring continued good standing with the Ministry of Corporate Affairs (MCA).

Key Filings and Due Dates for LLPs

Every LLP must comply with certain yearly filing requirements regardless of business activity. Form 11 (Annual Return) must be filed within 60 days of the end of the financial year (usually by May 30), while Form 8 (Statement of Accounts and Solvency) is due within 30 days after six months from the end of the financial year (by October 30). LLPs must also file income tax returns annually, and if the turnover exceeds ₹40 lakhs or the contribution exceeds ₹25 lakhs, a tax audit becomes mandatory. These filings ensure transparency, prevent penalties, and maintain the LLP’s active legal status.

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