LLP Annual Filing

Need ROC Filling LLP?

ROC Filling LLP Starting at Just Rs.3,999/- onwards (Inclusive of all Govt. Fees).

About LLP Annual Filing

LLPs in India must file its Annual Return within 60 days from the end of close of financial year and Statement of Account & Solvency within 30 days from end of six months of close of financial year. Unlike Companies, LLPs mandatorily have to maintain their financial year, as April 1st to March 31st. Therefore, LLP annual return is due on May 30th and the Statement of Account & Solvency is due on October 30th of each financial year. However, in case the LLP was incorporated on or after 1st of October of a financial year, then the LLP can close its first financial year either on the coming or next 31st March, thereby filing its annual return after 18 months.

LLPs are separate legal entities; therefore, it is the responsibility of the Designated Partners to maintain proper book of accounts and file annual return with the MCA each financial year. LLPs are not required to audit its accounts unless the annual turnover exceeds Rs.40 lakhs or if the contribution exceeds Rs.25 lakhs. Therefore, LLP who do not have to get the accounts audited if it satisfies the above condition, making the annual filing process a simple and easy one. Businessgig can help file the Annual return for your LLP.

HIGHLIGHTS OF LLP ANNUAL RETURN FILING

Annual return is a mandatory filing to be made by all LLPs in India. The annual return must be electronically filed in the prescribed format with the Ministry of Corporate Affairs.

Statement of Accounts and Solvency is a mandatory filing that is required for all LLPs in India. Statement of Accounts and Solvency contains a declaration by the designated partners and related to financial position of the LLP.

Annual return of a LLP is due within 60 days of close of financial year. Therefore the Annual return of a LLP is due on or before May 30th of each financial year.





Statement of Accounts and Solvency of a LLP is due within 30 days from the end of six months of close of financial year. Therefore the Statement of Accounts and Solvency of a LLP is due on or before October 30th of each financial year.

If a LLP was incorporated on or after 1st October of a financial year, then the LLP can close its first financial year either on the coming or next 31st March.

Late filing or non-filing of LLP Annual Return or Statement of Accounts and Solvency before the due date will attract a penalty of Rs.100 for each day of default. Further, the penalty doesn't have a ceiling, so it is best to file in time.

LLP ANNUAL FILING PROCESS

LLP Annual Filing

Businessgig.com can help file the mandatory annual return for your LLP and maintain annual compliance with the Ministry of Corporate Affairs.

Annual Return Preparation

An Businessgig Compliance Expert will prepare the Annual Return for your LLP based on the financials and performance during the previous financial year.

Annual Return Verification

Once the Annual Return is prepared in the requisite format, the Client's Finance Team can verify the prepared annual return and affix the digital signature.

Finalization

Once the Annual Return is prepared and verified, the Annual Return can be filed with the Minsitry of Corporate Affairs along with the necessary attachments.

Success means having the courage, the determination, and the will to become the person you believe you were meant to be.

What You Need To Know

Stay Disciplined

Many businesses let their compliance requirements pile up, even though taking care of them involves much less effort than is often imagined. Staying disciplined from the initial days will be hugely helpful when looking for investment or a bank loan, as both would want to ensure that your business is compliant with the Registrar of Companies' (RoC's) requirements.

Regular Updates

Having a company secretary on call throughout the year is essential in ensuring that your business is run in accordance with the laws in force. Our team would keep you up-to-date with all the changes made by the RoC throughout the year. This package is valid for 12 months from the date of payment, not from the start of the financial year.


What are Annual Compliances?

All the benefits of a private limited company, such as the ability to raise capital easily and accommodate shareholders, come at the cost of increased compliance. While the majority of small businesses do not fulfil their compliance requirements in their opening years, they end up paying heavy penalties (up to Rs. 1 lakh a year) for failing to do so. In the worst scenario, such companies and their directors are even blacklisted for a short period of time.

Features

  • Require 2 Person as Entrepreneur i.e Directors
  • Easily Setup and recommend to Growing
    Start-ups
  • Limited Liability for Members
  • More Credibility as compare to others
  • Easily raise funds from Investors

Disadvantages

  • Statutory Compliance are high
  • High Setup Cost as Compare to Others
  • Involvement of other Directors in Decision Makings
  • Restricted to transfer of the shares to others without agreements
  • Not allow invite to public for deposits

Inclusions

Returns & minutes filing

We file your annual returns and prepare the minutes of board meetings

Issuing certificates

We issue share certificates and update the statutory registers

Drafting & filing financials

We file IT returns and directors' disclosures to the Registrar

File LLP Annual

LLP’s in India must file its Annual Return within 60 days from the end of financial year and Statement of Account & Solvency within 30 days from end of six months of close of financial year. Unlike Companies, LLP’s mandatory have to maintain their financial year, as 1st April to 31st March. Therefore, LLP annual Filing is due on 30th May and the Statement of Account & Solvency is due on 30th October of each financial year. The annual turnover exceeds Rs. 40 lakhs or if the contribution exceeds Rs. 25 lakhs than LLP are not required to audit its accounts.

What are Annual Filings?

Limited liability partnerships (LLPs) have very few compliances to fulfil, in comparison to private limited companies. LLPs need only file information related to statement of accounts and annual returns on an annual basis. Penalties, however, are huge for failure to comply. Entities that don't end up doing so could be fined heavily, with penalties going up to Rs. 5 lakh in some cases.

Basic
3,999
/-

Onwards (Inclusive of all Govt. Fees).

Returns & minutes filing
Issuing certificates
Drafting & filing financials
Partners Resolution
Forms Filing

Get Started

FAQ OF LLP Annual

What is Annual Return?

Annual return is a mandatory filing to be made by all LLP’s in India. The Annual return along with the required documents must be filed with the Ministry of Corporate Affairs.

What is statement of accounts and solvency?

Statement of Accounts and Solvency is a mandatory filing that is required for all LLP in India. Statement of Accounts and Solvency contains a declaration on the state of solvency of the LLP by the designated partners and also information related to statement of assets and liabilities and statement of income and expenditure of the LLP

What is due date for filling LLP Annual Return?

Annual return of a LLP is due within 60 days of close of financial year. Annual return of a LLP is due on or before May 30th of each financial year.

What is the penalty for not filling LLP Annual Return?

Late filing or non-filing of LLP Annual Return or Statement of Accounts and Solvency before the due date will attract a penalty of Rs.100 for each day of default.

Business

Doing Business Is Easy & Fast.


Transparency

Our Consultants maintain transparency while guiding you. No hidden charges, no fake promises. The Entire process is transparent

Lightning Fast Procedure

Not meeting the deadline is one of the biggest turn-offs for any business owner. We are very serious about delivering on time.

Guaranteed Satisfaction

Your satisfaction is our goal, we provide a 100% satisfaction guarantee for the work with you to ensure you quality of work.

Expertise

Our team has thorough expertise in respective service areas.

Fair Business Practices

We ensure highest importance to ethical business practices.

No Hidden Fee

We have a fair and transparent pricing structure. We do not have hidden fees associated with any of our services.

One Stop Solution

Businessgig provides all the services required for launching a successful startup. We provide legal, financial, design and branding services.


Free Expert Consultation

Businessgig provides you free Consultation about Business Incorporation, Taxation, Finance, Graphics and Digital needs. etc


Backed by Experience

Businessgig is an initiative of Expert Engineers and Professional Charterered Accountants having an experience of over 7 years.


Real Time Assistance

You can reach us anytime and anywhere in the go. You can Text, Whatsapp, Email, Call or Skype us for your requirements.


Leading Brand

We are one of the leading brands in Accounting, Statutory Compliances ,Designing and Marketing.


Long Term Hand holding

We have capability to advise and serve you, even you when you grow big and expand


You simply won’t find another vendor that can match our value proposition. Our customers often tell us the same thing. We make every effort to provide our customers with great products and services, and we work just as hard to make sure they are getting the right business model that fits their needs. We promise the same to you.

Integrity

When we face a tough decision we never compromise our values and principles. We do what is right, not what is the easiest.


Passion

We are passionate and committed in heart and mind to what we do. Our employees work around the clock coming up with ideas.

Flexibility

We believe that flexibility leads to excellence and we tailor all our services to the specific needs of each client.


Quality

We strive for excellence in all that we do. We set high personal and company standards, and then consistently try to exceed them. We attract self-motivated, highly capable, results-oriented people and invest heavily in their development.

Openness & Honesty

We believe that open communication builds trust, which is the foundation of any relationship whether it’s with our employees or our clients.


Teamwork

Our power comes from the talented people within our company. We create an environment in which every person is a valued and respected member, encouraged to contribute and share, and recognized and rewarded for their efforts.

Extra Ordinary Customer Support

We place highest importance to providing extra ordinary customer Support.

When it comes to the numbers, you might get a million query in your head. Do not worry! Our dedicated support team loves to assist you with anything. Just give us a buzz and we would happy to answer all of your queries..

We know how expensive finance experts and designers can be. Businessgig provides best of the both at an unimaginably low price. We harness the power of technology and have pushed a lot of our work to digitization. This saves us a lot of time and we happily pass on the benefit to our customers.

A Pricing structure designed for your every need. Our business package will free you from charges for every service. We provide best in class services at reasonable charges through latest technology, experience and expertise. .

We understand how important your business information is. We have systems in place to ensure confidentiality of your data. We do not even reveal your name unless you want us to. To know more, please check our NDA and Privacy policy.We take Client confidentiality seriously. We never disclose client information or use our Client’s brand name for our marketing without your prior permission.

About Us

Alone we can do so little, together we can make wonders. So lets team up and grow together. You would have heard the phrase ‘Making mountains out of molehills’; but here we do what we do best-making molehills out of mountains.

We enjoy the reputation of being synonymous with professionalism, efficiency, and excellent service. We provide full spectrum of financial, accounting, designing, marketing services as well as investment consultancy, project evaluation and services related to all types of business and corporate agreements. We specialize in providing end to end support to startups – be they proprietorship’s, partnership’s, LLP’s, or Private Limited Enterprises. Our knowledge of the Indian ecosystem makes us perfectly placed to provide end-to-end assistance with company formation in India as well as company registration in India.

I have used multiple offline & online CAs/ Lawyers. Businessgig clearly provides the best and fastest service.

Andrew Jackson

Project Manager

92%

Client Retention

1200+

Satisfied Clients

60+

Cities we operate

150+

Services under one Roof

Subscribe

Enter your email address to subscribe and receive notifications by email.


We hereby promise to be responsible emailers.

Want to work with us?

We would love to get connected with you

Get in Touch or Get a Free Quote