LLP Compliance Services in India
Limited Liability Partnerships (LLPs) in India must adhere to various compliance requirements under the LLP Act, 2008 and Income Tax Act, 1961. Timely compliance ensures smooth operations and avoids heavy penalties.
Our comprehensive LLP compliance services cover:
- Annual filing of Form 8 (Statement of Accounts & Solvency)
- Annual filing of Form 11 (Annual Return)
- Income tax return filing for LLPs
- Maintenance of statutory books and registers
- Tax Deducted at Source (TDS) compliance
- GST compliance (if applicable)
- Changes in LLP agreement or partners
Key LLP Compliance Requirements
Annual Compliance
Form 8: Due within 30 days from end of 6 months of FY
Form 11: Due by 30th May each year
ITR: Due by 31st July (non-audit) or 30th Sept (audit cases)
Tax Compliance
Income Tax: Filing of ITR-5
TDS: Deduction, payment and returns
GST: Returns if turnover exceeds threshold
Event-Based Compliance
Changes in Partners: Form 4
LLP Agreement: Form 3 for changes
Registered Office: Form 15 for change
Statutory Records
Maintenance: Register of partners
Minutes: Meetings of partners
Accounts: Proper books of accounts
Key LLP Forms and Their Purpose
Form 8
Statement of Account & Solvency (due within 30 days from end of 6 months of FY)
Form 11
Annual Return (due by 30th May each year)
Form 3
Information with regard to LLP Agreement and changes
Form 4
Notice of appointment/cessation of partner/designated partner
Form 15
Notice of change in registered office
ITR-5
Income Tax Return for LLPs
Our LLP Compliance Process
1. Document Collection
Gathering financial statements, partner details, and other required documents.
2. Preparation of Accounts
Reviewing and finalizing the statement of accounts and solvency.
3. Form Drafting
Preparing Form 8, Form 11 and other required filings with accuracy.
4. Digital Signatures
Obtaining digital signatures from designated partners.
5. Filing with MCA
Submission of forms on the MCA portal before due dates.
6. Acknowledgement
Providing you with filing receipts and maintaining records.
Penalties for Non-Compliance
Late Filing Penalties
₹100 per day for delay in filing Form 8 or Form 11, with no maximum limit.
Strike Off Risk
LLP may be struck off from register if non-compliant for continuous 2 years.
Legal Consequences
Designated partners may face disqualification and other legal actions.
Income Tax Penalties
Late filing of ITR attracts ₹5,000 (or ₹10,000 if turnover > ₹5 crore).
Transparent LLP Compliance Pricing
Service | Basic | Premium |
---|---|---|
LLP Annual Filing (Form 8 & 11) | ₹4,999 | ₹7,999 |
LLP Income Tax Return Filing | ₹2,999 | ₹4,999 |
LLP Audit (if applicable) | ₹5,999 | ₹9,999 |
Change in Partners (Form 4) | ₹1,999 | ₹3,499 |
Full Year Compliance Package | ₹9,999 | ₹14,999 |
Frequently Asked Questions
Form 8 must be filed within 30 days from the end of 6 months of the financial year (by 30th October). Form 11 must be filed by 30th May each year.
Audit is mandatory if turnover exceeds ₹40 lakhs or contribution exceeds ₹25 lakhs. Voluntary audit is recommended for all LLPs.
Yes, partners can be added or removed by filing Form 4 within 30 days of the change along with amended LLP agreement.
Late filing attracts penalty of ₹100 per day with no maximum limit. Continuous non-compliance may lead to LLP being struck off.
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