LLP Annual Filing

LLP annual compliance with Form 8 and Form 11 filing.

An LLP files Form 11, the annual return, by 30 May and Form 8, the statement of account and solvency, by 30 October — every year, regardless of turnover, profit or activity. The penalty is ₹100 per day per form with no upper limit and it attaches to the designated partners personally, which makes a neglected LLP the single most expensive form of dormancy in Indian business law. Two forms running for two years is a figure most partners do not believe until they are shown the computation.

Who this is for

Account & Solvency
Annual return filing
Partnership management
Regulatory compliance

The process

What we actually do

1
We file Form 11 by 30 May
The annual return covers partners, designated partners, contribution and any changes during the year. It is due two months before the income tax return and is the one most often forgotten because it falls outside the tax calendar everyone else works to.
2
We check whether an audit is triggered
Either turnover above ₹40 lakh or contribution above ₹25 lakh requires a statutory audit — the contribution test catches LLPs with modest turnover and a large partner contribution, which is a combination that surprises people.
3
We prepare the statement of account and solvency
Form 8 carries the statement of assets and liabilities, the income and expenditure account, and a solvency declaration signed by the designated partners. Signing it while the LLP cannot in fact meet its liabilities is a serious matter, not a formality.
4
We file Form 8 by 30 October
Filed with the audit report attached where an audit applies. The daily penalty on Form 8 runs independently of the one on Form 11, so a year with both outstanding accrues at ₹200 a day.
5
We compute a backlog before touching it
Where years are outstanding the total is calculated first. For an LLP that has done nothing for three years, the arrears frequently exceed what the partners expect a strike-off to cost — and strike-off requires the arrears cleared first anyway.

Who this is for

Every LLP, including those that did no business at all in the year
LLPs above ₹40 lakh turnover or ₹25 lakh contribution, which also need a statutory audit
LLPs with a backlog, where the uncapped daily penalty is still running
Designated partners who need to understand that the penalty is theirs personally

How long it takes

Three to five working days per year where the accounts are ready. An audit case needs the audit completed first, and that is what governs the date.

If you do nothing

The uncapped daily penalty is what makes this different from a neglected company, where at least the fee is per form on a company with assets behind it. Here it lands on two or three individuals personally, it compounds across two forms, and it does not stop until the forms are filed. Striking the LLP off requires clearing the arrears first, so there is no cheaper route out.

The law, in figures

Dates, thresholds and sections

Every figure below carries the provision it comes from, so it can be checked.
What	Figure	Source
Annual return	Form 11 by 30 May each year	Section 35, LLP Act 2008
Statement of account and solvency	Form 8 by 30 October each year	Section 34(3), LLP Act 2008
Audit threshold	Turnover above ₹40,00,000 or contribution above ₹25,00,000	Rule 24(8), LLP Rules 2009
Late filing penalty	₹100 per day per form, with no upper limit	Section 69, LLP Act 2008
Striking off	The Registrar may strike off after 2 years of Form 8 default	Rule 37, LLP Rules 2009

What usually goes wrong

Assuming a dormant LLP has nothing to file — both forms are due regardless of activity
Missing 30 May because it falls outside the income tax calendar the partners work to
Applying only the turnover test for audit and missing the contribution test
Letting both forms run late in the same year, which accrues at ₹200 a day
Believing the penalty attaches to the LLP rather than to the designated partners personally

What non-compliance costs

₹100 per day per form under section 69, with no maximum
Designated partners are personally liable for the penalty
Strike-off by the Registrar after two years of Form 8 default
Late filing fee under section 234F on the LLP's own income tax return, separately

These are statutory amounts, not our fees. What we charge depends on your situation and is quoted before any work starts.

Terms you will come across

LLP: An LLP is a business structure combining a partnership's internal flexibility with a company's limited liability, so a partner's personal assets are not at risk for the firm's debts.

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