LLP Annual Filing – Due Dates, Forms & Compliance Guide 2024

Congratulations on starting your Annual Filing for LLP (Limited Liability Partnership)—a smart choice! Entrepreneurs in India favor LLPs for many reasons: flexibility, limited liability, and lower compliance than private limited companies. To be clear, it doesn’t matter whether your LLP is operating or has just been dormant. If you have formed an LLP, you must comply with annual filings. Yes, even if you generated zero revenue.

Let us simplify it all for you, so you remain compliant and do not incur unnecessary penalties.
Why Are Annual Filings Important for LLPs?
Annual filing can be viewed as a business check-up. LLPs have an obligation, much like individuals file their income tax returns. The government wants to see if you have revenue and what your financial health is. Filing is not just for throwing paper at the government; it is a form of transparency, credibility, and avoiding legal issues.

Annual filings help ensure that your LLP is/or remains active in the eyes of the Ministry of Corporate Affairs (MCA). If you miss a filing deadline, penalties may arise, and your LLP may get struck off the register.
What Forms Do You Need to File Annually?
There are two forms that all LLPs must file on an annual basis:

1. Form 11 – Statement of Account & Solvency
Due Date: May 30 each year.

What this includes:
The names of all the partners.
A statement of the LLP's total liabilities and assets.
A statement claiming the LLP's solvency.
Form 11 is straightforward, but it must be filed even if your LLP has never conducted any business for the financial year.

2. Form 8 – Statement of Account & Solvency
Due Date: October 30 each year.
What this includes:
Statement of Profit and Loss.
Balance sheet signed by the designated partners.

LLP Annual Filing – Due Dates, Forms & Compliance Guide 2024

Congratulations on starting your Annual Filing for LLP (Limited Liability Partnership)—a smart choice! Entrepreneurs in India favor LLPs for many reasons: flexibility, limited liability, and lower compliance than private limited companies. To be clear, it doesn’t matter whether your LLP is operating or has just been dormant. If you have formed an LLP, you must comply with annual filings. Yes, even if you generated zero revenue.

Let us simplify it all for you, so you remain compliant and do not incur unnecessary penalties.
Why Are Annual Filings Important for LLPs?
Annual filing can be viewed as a business check-up. LLPs have an obligation, much like individuals file their income tax returns. The government wants to see if you have revenue and what your financial health is. Filing is not just for throwing paper at the government; it is a form of transparency, credibility, and avoiding legal issues.

Annual filings help ensure that your LLP is/or remains active in the eyes of the Ministry of Corporate Affairs (MCA). If you miss a filing deadline, penalties may arise, and your LLP may get struck off the register.
What Forms Do You Need to File Annually?
There are two forms that all LLPs must file on an annual basis:

1. Form 11 – Statement of Account & Solvency
Due Date: May 30 each year.

What this includes:
The names of all the partners.
A statement of the LLP's total liabilities and assets.
A statement claiming the LLP's solvency.
Form 11 is straightforward, but it must be filed even if your LLP has never conducted any business for the financial year.

2. Form 8 – Statement of Account & Solvency
Due Date: October 30 each year.
What this includes:
Statement of Profit and Loss.
Balance sheet signed by the designated partners.