Overview
What is LLP annual compliance?
LLP annual compliance is the set of yearly filings a limited liability partnership makes under the Limited Liability Partnership Act, 2008. The two main MCA forms are Form 11, the annual return, and Form 8, the statement of accounts and solvency. The LLP also files an income tax return.
An LLP has fewer duties than a company. It holds no board meetings or AGM, and its accounts need an audit only above a turnover or contribution limit. But the yearly forms are due even if the LLP did no business.
Every year
Yearly LLP compliance calendar
Dates below assume the usual April to March financial year.
| Filing | What it is | When |
|---|---|---|
| Books of account | Record every sale, purchase, expense and bank entry | All through the year |
| Form 11 | Annual return: partners and their contribution | Within 60 days from the end of the financial year (30 May) |
| Audit, if needed | Audit of the accounts above the turnover or contribution limit | Before Form 8 is filed |
| Form 8 | Statement of accounts and solvency | Within 30 days after six months from the end of the financial year (30 October) |
| Income tax return (ITR-5) | The LLP's own return and tax | Every year, by the due date for the year |
| DIR-3 KYC | KYC of each designated partner who holds a DIN | When it falls due for the partner |
MCA and the income tax department sometimes extend due dates. We send you each date before it is due.
Late MCA filings attract an additional fee that grows with the delay. Filing on time is the cheapest option.
Compare
Form 8 vs Form 11: what is the difference?
| Point | Form 11 | Form 8 |
|---|---|---|
| What it reports | Annual return: the partners, designated partners and their contribution | Statement of accounts and solvency: the LLP's finances |
| Due | Within 60 days of the year end | Within 30 days after six months from the year end |
| Who files | Every LLP | Every LLP, whatever its turnover |
| No business in the year? | Still due | Still due |
Audit
When does an LLP need an audit?
An LLP must get its accounts audited when its turnover is above ₹40 lakh, or its partners' contribution is above ₹25 lakh, in the financial year. Below both limits, a statutory audit is not required.
The partners appoint the auditor by a resolution. No MCA form is filed for the appointment. A tax audit under income tax law is a separate test.
When things change
Event-based LLP filings
These are due only when the event happens. Tell us before you make the change, so we can file on time.
| Event | Form | Time limit |
|---|---|---|
| A partner or designated partner joins, leaves or changes details | Form 4 | Within 30 days of the change |
| Change of registered office | Form 15 | Within 30 days of the change |
| Change of the LLP's name | Form 5 | Within 30 days of the change |
| Change in the LLP agreement | Form 3 | Ask us for the time limit before you sign |
Compare
LLP vs private limited company: yearly compliance
| Point | LLP | Private limited company |
|---|---|---|
| Board meetings | Not required. The designated partners run the LLP. | At least 4 a year (small companies: 1 in each half-year) |
| Annual general meeting | Not required | Every year |
| Minutes book and statutory registers | Not required | Required |
| Audit | Only above ₹40 lakh turnover or ₹25 lakh contribution | Every year |
| Yearly MCA forms | Form 8 and Form 11 | AOC-4 and MGT-7 or MGT-7A |
| Income tax return | Every year | Every year |
Process
How our LLP compliance service works
New words, explained
- Designated partner
- A partner who is responsible for the LLP's legal filings. Every LLP has at least two.
- Form 11
- The LLP's annual return to MCA.
- Form 8
- The LLP's statement of accounts and solvency.
- Contribution
- The money or assets the partners put into the LLP.
- DIN
- Director Identification Number, also used by designated partners.
- 01
Fill the form
Tell us about your LLP. Our expert calls you back.
- 02
Discuss with our experts
We check what is pending, confirm your turnover band and list your due dates.
- 03
Share documents
You share bank statements, bills and past filings online.
- 04
Filing support and compliance update
We prepare the financial statements, file Form 11, Form 8 and the ITR, and keep you updated on what is next.
What is LLP annual compliance?
It is the yearly set of filings for a limited liability partnership: Form 11 (annual return), Form 8 (statement of accounts and solvency) and the income tax return, plus an audit when the LLP crosses the limits.
Is Form 8 mandatory for every LLP?
Yes. Every registered LLP files Form 8 every year with MCA, whatever its turnover.
What is the due date for Form 11 and Form 8?
Form 11 is due within 60 days from the end of the financial year. Form 8 is due within 30 days after six months from the end of the financial year. For an April to March year, that is 30 May and 30 October.
Does an LLP with no business still need to file?
Yes. Every LLP must file its annual return and statement of accounts even if it did no business. Nil returns must still be filed.
Is an audit needed for an LLP below ₹40 lakh turnover?
Not if its turnover is ₹40 lakh or less and its contribution is ₹25 lakh or less. Above either limit, the accounts must be audited.
Does an LLP hold board meetings or an AGM?
No. Board meetings and AGMs apply to companies. In an LLP, the designated partners run the business and are responsible for compliance.
How does an LLP report a change in partners?
By filing Form 4 within 30 days of the change. After that, an additional fee applies.
Which income tax return does an LLP file?
ITR-5, every year. The due date depends on whether the LLP needs a tax audit. We confirm your date each year.
Is Complianto a government body?
No. Complianto is a private consultancy run by Mentorcorp Private Limited. Our experts prepare and file your forms for a professional fee. You can also file directly on the MCA portal.
More services
Other services you may need
LLP Registration
Register a new limited liability partnership.
Private Limited Company
For founders who plan to raise investment.
Income Tax Return
Yearly return filing.
Bookkeeping and Accounting
Monthly books, ready for Form 8.
GST Returns
Monthly and quarterly GST filing.
Digital Signature (DSC)
Needed by designated partners to sign MCA forms.
