Registrar of Companies (RoC) Compliances for LLP

Three mandatory compliances for LLP

  • Annual Return – Form 11
  • Statement of the Accounts/Financial Statements – Form 8
  • Income Tax Returns Filings

Form 11 – LLP Annual Returns

Annual Returns or you can say Form 11 is a Summary of LLP's Partners like whether there are any changes in the management of the LLP. Every LLP is required to file Annual Return in Form 11 to the Registrar within 60 days from the closure of financial year i.e before 30th May every year.

Form 8 – Statement of the Accounts for LLP

All LLPs are required to maintain the Books of Accounts and have to prepare a Statement of Solvency (Accounts) every year ending on 31st March. Form 8 is to be filed with the Registrar of LLPs on or before 30th October every year.

Income Tax Returns Filing for LLP

Every LLP has to file the Income Tax Returns using form ITR 5. The deadline for LLP ITR filing is July 31st if tax audit is not required. LLP whose turnover exceeded Rs. 40 Lakh or whose contribution exceeded Rs. 25 Lakh are required to get their accounts audited by a practicing Chartered Accountant. The deadline for tax filing for LLP required to obtain an audit is September 30th.