LLP Annual Filing

LLP or the Limited Partnership is a hybrid combination of a limited and partnership company. An LLP requires a minimum of two partners and has no upper limit. Limited Liability Partnerships are mandated to file annual returns within 60 days of the conclusion of the fiscal year, and account statements and solvency within 30 days of the end of the six-month period.
LLP Annual Filing Forms:
Form 11:
Form 11 is an annual return statement. Every LLP is mandated to file an Annual Return in Form 11 with the Registrar within 60 days of the end of the fiscal year, i.e. Annual Returns must be filed on or before May 30th of each year.
Form 8:
Form 8 is an accounting statement. Every LLP must prepare and close its accounts by March 31st of every year. From 8, at least two Designated Partners must file with the Registrar within 30 days of the end of the fiscal year, which is October 30th each year.
Late filing of such forms results in a penalty of Rs. 100/- per day of delay.
Form 11:
Benefits:
Higher Credibility: Annual compliance gives the organisation more credibility when it comes to loan approvals or other similar requirements.
Financial Worth Record: Annual compliance filings by LLPs provide financial worth records to other companies, which may result in new and interested investors.
Stays Active and Has No Penalties: With regular filings, LLPs are not declared defunct and continue to operate. Furthermore, annual compliance filings are mandatory, and failure to do so results in penalties (additional fees) for LLPs.
Conversion or Dissolution: Regular annual compliance filings allow for easier conversion of Limited Liability Partnerships into other types of companies, as well as faster resolutions in the event of partnership dissolution.
Why us?
Finlawcity, a group of intellectuals, is made up of highly qualified CA, CS, Lawyers, and business administrators. Finlawcity is a one-stop shop for LLP Annual Compliance and E-filing.

Frequently Asked Questions

What is a Private Limited Company?
Private Limited Company is the most sought form of Company Registration in India. It is the most preferred form of business and regulated by Ministry of Corporate Affairs (MCA) under Companies Act, 2013. A Private Limited Company is a type of business structure registered with MCA to give a separate legal existence to the business different from its directors and shareholders. This means that a company continues to exist even after the death of any member/director in the company.
A minimum of two persons are required to form a Private Limited Company. It is not even important that members should be different from directors. In a company, two persons can act as Members and Directors both at the same time. Members and Shareholders are one in the same. That means an individual may become shareholder and director at the same time.
There is no minimum capital requirement to form a Private Limited Company Registration. Start-ups may choose on their own how much paid-up capital they want to keep during the Company Registration. However, generally one lac capital is kept as per most companies registered.
Name reservation is quite simple and easy to obtain. Our professionals will guide and help you in choosing the best suitable name of your company according to name guidelines of company incorporation and trademark laws.
Director Identification Number (DIN) is a unique number assigned by the MCA to Individuals allowing them to become Director in any Company or Designated Partner in an LLP (In LLP, it is called DPIN). Any natural person above the age of 18 years can become the director in the company after getting DIN. There are no specific regulations provided in terms of citizenship or residency, also a foreign national can become a director.
Digital Signature Certificates (DSC) are the digital equivalent (electronic format) of physical or paper-based certificates. Likewise, a digital certificate can be presented electronically to prove one's identity, to access information or services on the Internet or to sign certain documents digitally. SPICE+ forms are filed for online company registration after affixing the DSC. The subscribers to MOA & AOA shall possess DSC for submitting e-forms for incorporation.
Memorandum of Association (MOA) is a legal document prepared during the registration process of a company to define its relationship with shareholders and contains the main objectives of the company. Articles of Association (AOA) are by-laws of the company and it regulates management of a company and creates certain rights and obligations between the members and the company.
Yes, Startups get benefits of getting themselves registered as a Start-up under DPIIT and avail many benefits launched by the Govt. Corporates recognize Private Limited Company very well and the foremost advantage is of credibility and good reputation of the established business in the eyes of Investors, Incubation Centres, Financial Institutions and Customers at large.
Post incorporation compliances are easy and manageable. Companies Act, 2013 provides a lot of exemptions to private Companies due to which compliances becomes easy and handy. At CCL, Professionals are there to manage each and every compliance of your company. Get in touch with us to know the post incorporation compliance especially commencement of business.
No, With Compliance Calendar LLP, no compliance is complicated. Our team is here to manage each and every thing when it is about managing company compliances.
We are the market experts in registration and compliance of Companies. We can help you with end-to-end services in Private Limited Registration anywhere in India. Company Registration is a legal process and therefore it is prudent to assign the work to a professionally managed firm like CCL.
Not to worry at all! A Professional from our experienced team will resolve all your queries. Our Company Registration Experts will give you the best advice without any consultancy fees.