What is Annual Filing of LLP?

Annual Filing of LLP (Limited Liability Partnership) refers to the statutory compliance required to be fulfilled by all LLPs registered under the LLP Act, 2008. Every LLP must file Form 11 (Annual Return) and Form 8 (Statement of Accounts & Solvency) annually, even if the business has no operations.

This legal requirement ensures the government is informed about the LLP’s business status, financial position, and partner information. LLPs with turnover exceeding ₹40 lakhs or partner contributions exceeding ₹25 lakhs must also get their accounts audited.

Timely annual filing helps LLPs maintain legal status, attract investors, secure funding, and avoid penalties which can go up to ₹100 per day of default.

✅ Benefits of Annual Filing of LLP
🎯 From the client’s perspective.

1️⃣ Stay compliant with the LLP Act and avoid legal penalties
2️⃣ Maintain active and recognized business status
3️⃣ Build trust with banks, vendors, and clients
4️⃣ Avoid disqualification of partners or dissolution of the LLP
5️⃣ Create accurate public records for future tenders and contracts
6️⃣ Simplify audits and financial transparency
7️⃣ Help in raising capital or loans by showcasing legal and financial credibility

📑 Documents Required for Annual Filing of LLP
📂 Essential documents with brief explanations.

1️⃣ 📄 LLP Agreement – Official document defining rights & duties of partners
2️⃣ 📊 Financial Statements – Profit & Loss Account, Balance Sheet, etc.
3️⃣ 🧾 PAN Card of LLP – For identification with the Income Tax Department
4️⃣ 🧮 Bank Statements – Detailed transactions of LLP bank accounts
5️⃣ 📈 Contribution Details – Records of capital contributed by partners
6️⃣ 🖋️ DSC of Partners – Digital Signature Certificates to sign and file forms

👤 Eligibility for Annual Filing of LLP
🧾 Who needs to file?

All LLPs incorporated in India, regardless of business activity, turnover, or profits, are legally required to file annual forms with the Registrar of Companies (ROC):

• LLPs with zero turnover (must file NIL return)

• LLPs with active business operations

• LLPs where audit is mandatory based on financial thresholds

• LLPs aiming to maintain their registration and avoid disqualification

🔄 Process of Annual Filing of LLP
🔁 Step-by-step workflow.

1️⃣ Initial Consultation – Understanding the LLP structure and previous filings
2️⃣ Document Collection – Financial statements, LLP agreement, bank details
3️⃣ Prepare Form 11 – File Annual Return by 30th May of each year
4️⃣ Prepare Form 8 – File Statement of Accounts & Solvency by 30th October
5️⃣ Audit (if applicable) – Arrange audit if turnover exceeds ₹40 lakh
6️⃣ Final Submission – File both forms online with ROC and receive acknowledgment

⏱️ Timeline for Annual Filing of LLP
⏳ Deadlines and duration explained.

• Form 11 (Annual Return): Due by 30th May every year

• Form 8 (Statement of Accounts): Due by 30th October every year

• Filing can be completed within 5–7 working days from document submission

• Late filing incurs a penalty of ₹100 per day per form, with no upper limit

❓ Frequently Asked Questions (FAQs) about Annual Filing of LLP
💬 Clear and helpful answers.

1️⃣ Is annual filing mandatory for LLP with no turnover?
Yes, all LLPs must file even if there’s no business activity.

2️⃣ What forms are required for LLP annual filing?
Form 11 (Annual Return) and Form 8 (Statement of Accounts & Solvency).

3️⃣ What is the penalty for not filing annual returns?
₹100 per day per form, applicable until the default is rectified.

4️⃣ Does an LLP need to be audited?
Only if turnover exceeds ₹40 lakh or partner contribution exceeds ₹25 lakh.

5️⃣ Can the forms be filed online?
Yes, both Form 11 and Form 8 are filed online through the MCA portal using DSC.

6️⃣ What happens if an LLP misses the deadline?
Penalties accumulate daily and the LLP may face legal consequences.

7️⃣ What is the due date for Form 11?
30th May of the following financial year.

8️⃣ What is the due date for Form 8?
30th October of the following financial year.

9️⃣ Can we revise the annual return after submission?
No, once filed, it cannot be revised. Hence, professional filing is recommended.

🔟 Do you assist with audit and digital signature?
Yes, we provide complete support including DSC, audit, and MCA compliance.