Stay compliant with timely LLP annual filing and avoid hefty penalties with the expert support of My Legal Business LLP, ensuring your compliance requirements are handled smoothly and accurately.
A Limited Liability Partnership (LLP) is a preferred form of business structure in India, blending the benefits of a traditional partnership with the limited liability features of a company. While the operational flexibility of LLPs attracts many entrepreneurs, it is equally important to understand the annual compliance requirements that come with it.
Whether your LLP is active or dormant, annual filing is mandatory. Ignorance or negligence towards these obligations can attract hefty penalties and affect your business reputation.
Under the LLP Act, every registered LLP must fulfil its annual compliance obligations, irrespective of business turnover or operations. These include:
Annual filing ensures:
Here are the core compliances every LLP in India must adhere to annually:
| Compliance | Form | Due Date |
|---|---|---|
| Annual Return | Form 11 | 30th May |
| Statement of Accounts & Solvency | Form 8 | 30th October |
| Income Tax Return | ITR-5 | 31st July / 31st October |
What is Form 11?
Form 11 is the Annual Return of an LLP, containing details such as:
Applicability:
Mandatory for all LLPs, irrespective of turnover or activity.
Due Date:
Must be filed on or before 30th May every year.
Certification:
Late Filing Penalty:
₹100 per day of delay (no maximum limit).
What is Form 8?
Form 8 is a critical document where LLPs declare their financial position and solvency status. It includes:
Applicability:
Mandatory for all LLPs registered in India.
Due Date:
Must be filed on or before 30th October every year
Certification:
Late Filing Penalty:
₹100 per day of default (without cap).
Is ITR Filing Mandatory for LLPs?
Yes. Every LLP must file Income Tax Return (ITR-5) annually, even if:
Taxation of LLPs:
ITR Filing Due Dates:
Audit Requirement:
Mandatory Audit if turnover exceeds:
| Compliance | Form | Due Date (FY 2024-25) |
|---|---|---|
| Annual Return | Form 11 | 30th May 2025 |
| Statement of Accounts | Form 8 | 30th October 2025 |
| ITR Filing (Non-Audit) | ITR-5 | 31st July 2025 |
| ITR Filing (Audit Cases) | ITR-5 | 31st October 2025 |
| Compliance | Late Fees |
|---|---|
| Form 11 | ₹100 per day |
| Form 8 | ₹100 per day |
| ITR | ₹1,000 to ₹5,000 (as per IT Act) |
Other Consequences:
Ensures Legal Compliance
Filing annual returns and financial statements on time helps your LLP remain legally compliant under the Limited Liability Partnership Act, 2008 and the Income Tax Act, 1961.
Non-compliance can lead to penal actions, legal notices, or even prosecution. By staying compliant, LLPs avoid regulatory scrutiny and maintain good standing with the Ministry of Corporate Affairs (MCA).
Avoidance of Heavy Penalties & Late Fees
One of the most direct benefits is saving money on late filing fees.
Maintains the Active Status of LLP
Failure to file annual returns can mark your LLP as a "defaulting LLP" on MCA records.
Repeated defaults may lead to:
Protects Designated Partners from Disqualification
Under the law, designated partners are personally responsible for ensuring timely compliance.
Non-compliance may result in:
Enhances Business Credibility & Market Reputation
Timely annual filings reflect positively on your LLP’s governance and operational discipline.
A compliant LLP gains:
Facilitates Easy Loan Sanction & Financial Assistance
Financial institutions, banks, and NBFCs prefer dealing with legally compliant entities.
Timely compliance ensures:
Smooth Participation in Tenders & Contracts
Whether for government tenders or large corporate contracts, updated compliance records are a pre-condition.
Non-compliance can disqualify you from participating in:
Helps in Tax Planning & Avoids Scrutiny
Annual filing requires updated financial records, which assist in better financial management and tax planning.
Builds Investor & Stakeholder Confidence
Investors, especially venture capitalists and private equity firms, prefer dealing with compliant entities.
Timely filings show:
Avoids Operational Disruptions
Delayed filings may block your ability to file other critical forms like partner change, contribution alteration, or business restructuring.
Yes. Every LLP registered under the LLP Act, 2008 must file annual returns and financial statements, even if there is no business activity or income.
LLPs must file:
Form 11 is the Annual Return containing details of partners, contribution, and other structural information of the LLP.
Form 8 is a declaration of the LLP’s financial position, solvency, assets & liabilities, and income & expenditure statement.
Yes. LLPs must file NIL returns in Form 11 and Form 8 if they have no business activity or income.
Yes. All LLPs must file ITR-5 annually, regardless of income or activity.
₹100 per day per form, with no upper limit.
The LLP will be marked as “defaulting,” attract penalties, and may face legal action or strike-off proceedings by ROC.
Yes. Continuous default may lead to disqualification of designated partners from holding office in LLPs or companies.
No. Audit is required only if turnover exceeds ₹40 Lakhs or contribution exceeds ₹25 Lakhs.
Yes. All LLP forms are filed electronically on the MCA Portal with a valid Digital Signature Certificate (DSC).
Yes. Form 8 and sometimes Form 11 require certification by a practicing CA, CS, or CMA.
Repeated defaults can lead to heavy penalties, legal action, LLP status deactivation, and partner disqualification.
No. Continuous non-compliance can lead to business disruptions, restrictions on filings, and loss of legal protection.
Yes. Compliant LLPs are favoured by banks and eligible for government tenders and contracts.
Yes, but late filing attracts daily penalties. It’s advisable to file before the deadline
Yes. Designated partners must have a valid Digital Signature Certificate to file forms online.
Yes. The ROC can initiate strike-off proceedings against LLPs for continuous default in filings.