Annual compliance for an LLP
An LLP has far fewer compliance requirements than a company — no board meetings, no AGM and, for most small LLPs, no statutory audit. But the Limited Liability Partnership Act, 2008 does require two filings with the Registrar every year, plus the income tax return.
These filings are mandatory from the year of incorporation, whether or not the LLP has started business or earned any income. Many LLP owners discover this only when additional fees have already built up.
What an LLP has to file every year
| Filing | What it contains | Due date |
|---|---|---|
| Form 11 — Annual Return | Details of partners, their contribution and changes during the year | 30 May (within 60 days of financial year end) |
| Form 8 — Statement of Account & Solvency | Financial position of the LLP and a solvency declaration by the designated partners | 30 October (within 30 days from the end of six months of the financial year) |
| ITR-5 — Income Tax Return | Income, expenses and tax of the LLP | 31 July; 31 October if tax audit applies |
| DIR-3 KYC | KYC of every designated partner holding a DIN / DPIN | As notified by the MCA |
When is an audit required? Accounts of an LLP must be audited under the LLP Act only if turnover exceeds ₹40 lakh or contribution exceeds ₹25 lakh in the financial year. A tax audit under the Income-tax Act has its own separate thresholds.
What happens if an LLP doesn't file?
- Additional fees that grow with the delay — the MCA charges a multiple of the normal filing fee, increasing in slabs the longer the form stays pending.
- Penalties on the LLP and its designated partners under the LLP Act, imposed by the Registrar through adjudication.
- Closure becomes harder — an LLP cannot simply be abandoned. To strike it off you must first bring the overdue filings up to date.
- Defaulting status on the MCA portal, which creates problems with banks, clients and for the designated partners' other companies.
Already behind on filings? Send us your LLPIN. We work out the additional fees payable to the MCA and give you a clear plan to regularise — or to close the LLP if it is no longer needed.
What we need from you
Financial information
- Bank statements for the full financial year
- Sales, purchase and expense details
- Details of partners' capital introduced or withdrawn
- Loans taken or given
- Last year's filed Form 8 and Form 11
LLP information
- LLP Agreement and any supplementary agreement
- Changes in partners or contribution during the year
- DSC of the designated partners
- PAN and login details for income tax filing
Our LLP filing process
Compliance check Day 1
We review your LLP's filing history on the MCA portal and list what is due and overdue.
Form 11 — Annual Return By 30 May
We prepare Form 11 from the partner and contribution details, get it signed with DSC and file it.
Books & financial statements June–September
We finalise the accounts, or work from statements prepared by your accountant. Audit is arranged if thresholds are crossed.
Form 8 — Account & Solvency By 30 October
Form 8 is prepared from the financial statements, signed by the designated partners and filed.
Income tax return By due date
ITR-5 is filed, with tax audit report where applicable.
Challans & reminders After filing
You receive all filed forms and challans, and reminders for the next year.
LLP annual filing plans
Basic
LLPs with nil or very low turnover.
+ govt. filing fees
Choose Basic- Form 11 filing
- Form 8 filing
- Statement of account preparation (nil / low activity)
Standard
Complete compliance for an active LLP.
+ govt. filing fees
Choose Standard- Everything in Basic, plus:
- Financial statements preparation
- Income tax return (ITR-5)
- DIR-3 KYC for 2 designated partners
- Due-date reminders
Premium
Accounts, tax and ROC — all handled.
+ govt. fees; audit fee separate
Choose Premium- Everything in Standard, plus:
- Bookkeeping for the year (up to 300 entries)
- GST return support
- Dedicated CA support
Prices are professional fees, exclusive of GST, for LLPs with turnover up to ₹1 crore. Where an audit is required it is carried out by an independent Chartered Accountant and billed separately.
LLP annual filing — common questions
Is annual filing mandatory for an LLP with no business?
Yes. Form 11 and Form 8 must be filed every year from the year of incorporation, even if the LLP has not opened a bank account or done any business.
What are the due dates for Form 11 and Form 8?
Form 11 is due by 30 May and Form 8 by 30 October each year, for the financial year ended 31 March.
My LLP was incorporated in February. Do I need to file for that year?
If an LLP is incorporated on or after 1 October, its first financial year may end on 31 March of the following year, so the first filings are due the year after. We check this for you based on your incorporation date.
When does an LLP need an audit?
Under the LLP Act, only when turnover exceeds ₹40 lakh or contribution exceeds ₹25 lakh in the financial year. Tax audit under the Income-tax Act applies separately based on its own limits.
Who signs Form 8 and Form 11?
Both forms are digitally signed by the designated partners. Form 8 must additionally be certified by a practising professional, and by the auditor where audit applies.
Can I close my LLP instead of filing pending returns?
An LLP can apply for strike off in Form 24 if it has not carried on business for a year or more, but overdue Form 8 and Form 11 generally need to be filed up to the year it stopped operating. We advise on the cheaper route for your case.