There is very few compliance for LLP. One of the Mandatory compliance for limited liability Partnership to do the annual filing and disclosures to the government every year.
- Financial return:- Form 8 related to financials submission every year must be filed within 30 days from the end of 6 months of the financial year ie. 30th September each year along with some prescribed fee as per Ministry of corporate affairs.
- Details of partners:- Form 11 contains details of the number of partners, total number of partners, total contribution received by all partners, details of body corporate as partners and summary of partners. All LLP’s should file this form within 60 days from the closure of the financial year with the prescribed fee. Hence, the due date for filing LLP Form 11 is 30th of May each year.
It is mandatory to file LLP Annual Return on or before the due date to avoid penalty. LLP can not get strikeoff without filing annual return