Starting an Annual Filing for LLP in India has benefits – a flexible form of organization, limited liability, and a lighter compliance burden than a private limited company. But to be clear: “lighter” does not mean “no.” Like every other registered entity, an LLP needs to file annual documents every financial year to maintain its compliance obligations and to avoid penalties.
So, whether you're an entrepreneur balancing several tasks or a first-time LLP partner confused about filing deadlines, this is a guide for you. We’ll walk you through LLP annual filings in everyday English.
Why Filings Matter for LLPs
Think of annual compliance for an LLP as a health check. It's evidence to the Government of India that your business exists, is operational, and transparent about what it's doing. Missing compliance notwithstanding, the potential penalties put the risk of your LLP being struck off the register.
Don’t be alarmed – once you understand the what and when for filings, it is all very easy.
Two Annual Filings Every LLP Must Make
Unlike companies that have multiple returns to file, LLPs generally only have two filings per year:
1. Form 11 – Statement of Account & Solvency
This is similar to saying, Here you go, government, this is what we own, we would owe, and how solvent we are."
Due Date: every May 30
What it includes:
A list of all partners
Each partner's contribution obligations
A declaration of solvency (meaning that your LLP can pay its debts)
A statement of assets and liabilities
A statement of income and expenditure
Form 11 must be filed even if your LLP did not conduct any business for the year. It is compulsory.
2. Form 8 – Statement of Account & Solvency (I know the name is confusing!)
This form is more or less your LLP's financial report card. It is a status of financials for the Ministry of Corporate Affairs (MCA).
Due Date: every October 30
What it includes:
Balance sheet
Profit and loss statement
Disclosure of contingent liability (if any)