Limited Liability Partnership (LLP)
Annual compliance for an LLP
In short
Every LLP must file Form 11 (annual return) by 30 May and Form 8 (accounts and solvency) by 30 October each year, file an income tax return, and get audited above set limits.
Every LLP must file two yearly forms with the Registrar — Form 11 (annual return) by 30 May and Form 8 (Statement of Account and Solvency) by 30 October — and file its income tax return, with a statutory audit only if turnover exceeds ₹40 lakh or contribution exceeds ₹25 lakh. Compliance for an LLP is lighter than for a company, but it is not optional — and it applies even if the LLP had no business during the year. These yearly filings start once LLP Registration is completed and the LLP Agreement has been filed in Form 3.
Which yearly ROC forms does an LLP file?
| Form | What it is | Due date |
|---|---|---|
| Form 11 | Annual return — partners and contribution | 30 May |
| Form 8 | Statement of account and solvency | 30 October |
Since 1 April 2022, late filing attracts an additional fee, per form, that is a multiple of the normal filing fee and rises with the delay — up to 15 times for small LLPs and 30 times for other LLPs within a year, plus a daily amount beyond 360 days. Separately, a penalty of ₹100 per day can be imposed, capped at ₹1 lakh for the LLP and ₹50,000 per designated partner. Both forms are filed online through the MCA LLP e-filing services, and the MCA publishes an instruction kit for each form.
Form 11 in brief
Form 11 is filed within 60 days of the end of the financial year. It lists the partners and designated partners and their contribution as on 31 March, and any penalties imposed on the LLP or its partners during the year.
Form 8 in brief
Form 8 has two parts: a statement of solvency (a declaration that the LLP can pay its debts) and a summary of the accounts. It is signed by designated partners and certified by a practising professional.
When does an LLP need an audit?
Accounts must be audited only if turnover exceeds ₹40 lakh or contribution exceeds ₹25 lakh in the financial year. Below both limits, the accounts need not be audited and the designated partners certify the Statement of Account and Solvency.
Does an LLP file an income tax return?
An LLP files its own income tax return every year. If a tax audit or statutory audit applies, the due date is later than for non-audit cases. Tax audit under the Income-tax law is a separate test from the LLP Act audit, so check both. Due dates and forms are published on the Income Tax e-filing portal.
What other compliance applies to an LLP?
- DIN KYC for designated partners — DIR-3 KYC once every three financial years, by 30 June.
- GST returns, if registered.
- TDS returns, if tax is deducted.
- Changes in partners, office or agreement — filed within 30 days.
A simple yearly calendar
| Month | Task |
|---|---|
| April–May | Close the books for the year ended 31 March; file Form 11 by 30 May |
| June | DIR-3 KYC for designated partners, in the years it is due (by 30 June) |
| July–October | Audit (if applicable), income tax return, Form 8 by 30 October |
| Every month or quarter | GST and TDS returns, if registered |
Key takeaways
- Form 11 by 30 May and Form 8 by 30 October — every year.
- Audit only above ₹40 lakh turnover or ₹25 lakh contribution.
- Late fees are a multiple of the normal filing fee and rise with the delay, per form.
Frequently asked questions
What is the due date for LLP Form 11?
LLP Form 11 is the annual return of an LLP. It must be filed within 60 days of the end of the financial year, which means by 30 May every year. It reports the partners and their contribution as on 31 March. A delay attracts an additional fee that is a multiple of the normal filing fee and rises the longer the form stays unfiled.
What is the due date for LLP Form 8?
LLP Form 8, the Statement of Account and Solvency, must be filed by 30 October every year for the financial year ended 31 March. It is signed by designated partners and certified by a practising professional. Late filing attracts an additional fee that is a multiple of the normal filing fee and rises with the delay.
Does an LLP with no business need to file annual returns?
Yes. An LLP that has no business or zero turnover must still file Form 11, Form 8 and its income tax return every year. Late fees apply even when there is no business. An LLP that has stopped operating can apply to the Registrar to strike off its name instead of continuing to file.
What is the late fee for not filing LLP annual returns?
Since 1 April 2022, the additional fee for a late Form 11 or Form 8 is a multiple of the normal filing fee that rises with the delay, charged separately for each form — up to 15 times for small LLPs and 30 times for other LLPs within a year, plus a daily amount beyond 360 days. Separately, a penalty of ₹100 per day can be imposed, capped at ₹1 lakh for the LLP and ₹50,000 per designated partner. Filing on time is the simplest way to avoid both.
Is audit compulsory for an LLP?
Audit is compulsory only if the LLP's turnover exceeds ₹40 lakh or its contribution exceeds ₹25 lakh in a financial year. Below both limits, the accounts need not be audited and the designated partners certify the Statement of Account and Solvency in Form 8. A tax audit under the Income-tax law may apply separately based on turnover.
