Every Limited Liability Partnership (LLP) in India is required to file Form 11 annually to declare its financial details and compliance status. At Global Taxman, we provide seamless assistance to ensure timely and accurate filing of LLP Form 11.
What is LLP Form 11?
LLP Form 11, also known as the Annual Return, is a mandatory filing under the Limited Liability Partnership Act, 2008. It contains details of the LLP’s partners, contributions, and general compliance information for the financial year.
Key Features of LLP Form 11
Applicable to all LLPs registered in India, regardless of turnover or activity.
Must be filed annually by May 30 of the following financial year.
Includes details of changes in partners, if any.
Mandatory even if the LLP has no business activity.
Step-by-Step Filing Process
Collect Required Information: Gather details about partners, contributions, and changes during the financial year.
Prepare the Form: Fill in Form 11 with accurate details and verify the information.
Obtain Digital Signature: Ensure that at least two designated partners have valid Digital Signature Certificates (DSC).
File with the MCA: Submit the form online on the Ministry of Corporate Affairs (MCA) portal.
Acknowledge Filing: Obtain acknowledgment and confirmation from the MCA.
Documents Required
Details of all partners and their contributions.
Changes in partners, if any, during the financial year.
Digital Signature Certificates (DSC) of designated partners.
Other relevant information about the LLP’s compliance status.
Penalties for Non-Compliance
Late filing attracts a penalty of ₹100 per day until compliance is completed.
Failure to file can lead to further legal actions against the LLP and its designated partners.
Why Choose Global Taxman?
Timely Filing: Avoid penalties with our prompt and efficient services.
Expert Assistance: Ensure accuracy and compliance with our professional guidance.
Cost-Effective Solutions: Affordable and transparent pricing.
End-to-End Support: From preparing the form to submitting it, we handle everything.
Frequently Asked Questions (FAQs)
Who needs to file LLP Form 11? All LLPs registered in India must file Form 11 annually, regardless of business activity.
What happens if Form 11 is not filed on time? A late filing fee of ₹100 per day applies until the filing is completed.
Can LLP Form 11 be revised? No, once filed, Form 11 cannot be revised. Ensure accurate filing to avoid errors.
Is it mandatory to have a DSC for filing? Yes, at least two designated partners must have valid DSCs for filing Form 11.
