LLP Annual Filing
LLP Annual Filing consist mainly 2 namely
- Filing of Form 11
- Filing of Form 8
Form 11
It is Annual Return mandatory required to be filed by every LLP on or Before 30 May of Succeeding Financial Year.
in case of delay in filing there is late fee of ₹ 100 Per day and this increase without limit. there is no maximum limit of penalty
Form 8
It is Statement of solvency. in this complete Profit and loss balance sheet is filed with ROC. This is also mandatory for filing and to be filed on or before 30 October of succeeding financial year
In case of delay in filing there is late fee of ₹ 100 Per day and this increase without limit. there is no maximum limit of penalty
Documents Required for LLP Annual Filing
1. Disclosure of interest by all partner
2. Balance sheet
3. Profit and Loss
4. Auditor Report
Benefit of LLP Annual Filing
1. Saving from Late fee
2. Saving of penalty
3. Better compliance