LLP Compliance Overview | Savlana Init

LLP · Overview

LLP Compliance Overview — Annual and Event-Based Filings for Your Limited Liability Partnership.

An LLP has two mandatory annual filings — Form 8 (by 30 October) and Form 11 (by 30 May) — plus a range of event-based forms for partner changes, name changes, office changes, and eventual closure. We manage your full LLP compliance cycle.

A Limited Liability Partnership (LLP) registered under the Limited Liability Partnership Act, 2008 carries a compliance profile that is lighter than a private limited company but more structured than a partnership firm. The two non-negotiable annual filings are Form 8 (Statement of Account and Solvency, due by 30 October for March year-end LLPs) and Form 11 (Annual Return, due by 30 May). Both are filed on the MCA portal and attract additional fees of ₹100 per day for late filing with no maximum cap — making timely filing critical.

Beyond annual filings, an LLP must file event-based forms whenever changes occur: Form 3 when the LLP Agreement is executed or changed; Form 4 when partners or designated partners are appointed, resign, or change their details; Form 5 when the LLP's name changes; Form 15 when the registered office changes; and Form 24 when the LLP is to be struck off. Each of these forms has a 30-day filing window from the date of the relevant event. Missing these windows results in additional fees and, for persistent non-filers, potential action by the Registrar of LLPs.

LLPs with a turnover exceeding ₹40 lakh or contribution exceeding ₹25 lakh in a financial year must have their accounts audited by a Chartered Accountant — the audited accounts are attached to Form 8. Designated partners must also maintain active DSCs and, for tax purposes, file individual income tax returns. We manage the LLP's complete compliance calendar — both the fixed annual cycle and every event-based filing — so that the LLP's MCA record remains accurate and current at all times.

Our LLP Services

Form 11 Annual Return

Filing Form 11 (Annual Return) within 60 days of the close of the financial year — by 30 May for March year-end LLPs.

Form 8 Statement of Account & Solvency

Filing Form 8 within 30 days of 6 months of the financial year end — by 30 October — with audited or unaudited accounts.

Form 3 LLP Agreement Filing

Filing the LLP Agreement (Form 3) within 30 days of incorporation and filing any changes to it within 30 days of change.

Form 4 Partner Change Notice

Filing Form 4 for appointment, cessation, or change in details of any partner or designated partner within 30 days.

Form 5 Name Change Notice

Filing Form 5 within 30 days of a change in the LLP's name, after availability check and partner resolution.

Form 15 Registered Office Change

Filing Form 15 within 30 days of a change in the LLP's registered office address.

Form 24 Striking Off Application

Filing Form 24 to apply for striking off the LLP's name from the register where the LLP is defunct with no liabilities.

DSC & Designated Partner Compliance

Maintaining active DSCs for designated partners and supporting DPIN/DIN compliance throughout the financial year.

Our Process

Annual Compliance Calendar Setup

We map all LLP filing deadlines — Form 8 (30 Oct), Form 11 (30 May), ITR — at the start of each financial year.

Accounts Preparation & Audit

Financial statements prepared; audit coordinated by a CA where turnover exceeds ₹40 lakh or contribution exceeds ₹25 lakh.

Form 8 Filing

Statement of Account and Solvency filed with signed accounts on MCA by 30 October.

Form 11 Filing

Annual Return filed with partner details and summary of business activities on MCA by 30 May.

Event-Based Filings

Form 3, 4, 5, 15, or 24 filed within 30 days of each relevant event as it occurs during the year.

Why It Matters

✓Annual LLP compliance calendar set up with Form 8 (30 Oct) and Form 11 (30 May) deadlines tracked

✓Accounts prepared and audit coordinated where the LLP exceeds the threshold for mandatory audit

✓Form 8 signed by two designated partners and filed within the statutory deadline

✓Form 11 filed with accurate partner, contribution, and business activity data

✓LLP Agreement changes filed via Form 3 within 30 days of any amendment

✓Partner appointments and cessations filed via Form 4 within the 30-day window

✓Name changes, office changes, and striking off applications managed as events occur

✓Late filing penalty risk minimised across all forms through proactive calendar management

Frequently Asked Questions

An LLP must file Form 8 (Statement of Account and Solvency) by 30 October and Form 11 (Annual Return) by 30 May each year. Both are filed on the MCA portal. Late filing attracts ₹100 per day per form with no cap.

Audit by a Chartered Accountant is mandatory for LLPs with a turnover exceeding ₹40 lakh or contribution exceeding ₹25 lakh in any financial year. LLPs below these thresholds can file Form 8 with self-certified (unaudited) accounts.

Form 8 must be filed within 30 days of completion of 6 months from the close of the financial year — by 30 October for LLPs with a March year-end. Form 11 must be filed within 60 days of the close of the financial year — by 30 May.

Late filing attracts ₹100 per day per form with no maximum cap. Persistent non-filing can result in the LLP being designated as a defaulting LLP on MCA, which affects borrowing, tendering, and regulatory approvals.

Yes — an LLP is a separate tax entity and must file its income tax return (ITR-5) by 31 July (or 31 October where tax audit is applicable). Partners are separately taxed on remuneration and interest from the LLP; their profit share is exempt under Section 10(2A).

Every LLP must have at least two designated partners at all times, with at least one being a resident of India. Designated partners are responsible for filing compliance and face personal liability for LLP Act violations.

Need your LLP's annual compliance managed?

We'll set up your compliance calendar, prepare accounts, file Form 8 and Form 11 on time, and handle all event-based forms as they arise.