LLP Annual Compliance

Form 11 by 30 May, Form 8 by 30 October, ITR-5 by 31 July (or 31 October if audit applies). These apply to every LLP registered on or before 30 September of the previous year, regardless of activity.

₹100 per day per form with no cap (small LLPs now get partially reduced slabs under the 2022 amendment rules, but delays still run into tens of thousands quickly). The fee must be paid before the form can even be filed.

When annual turnover exceeds ₹40 lakh or partner contribution exceeds ₹25 lakh. Below both thresholds, Form 8 carries a declaration by partners instead. Tax audit u/s 44AB applies separately above its own turnover limits.

No. Nil-activity LLPs must still file both forms and the ITR. If you want to stop compliance permanently, consider striking off the LLP (Form 24) — we handle closures too.

Form 11 is the annual return — a summary of partners and contributions as on 31 March. Form 8 is the financial statement — statement of solvency, assets and liabilities, income and expenditure. Both are mandatory and independent.

Yes — every designated partner holding a DIN/DPIN must complete DIR-3 KYC by 30 September each year, else the DIN deactivates with a ₹5,000 reactivation fee.

Flat 30% on profits plus surcharge/cess. No dividend distribution tax — profit share withdrawn by partners is exempt in their hands. Remuneration and interest to partners are deductible within Section 40(b) limits.

File overdue forms with accumulated late fees before they grow further — there is no waiver scheme running permanently. We compute the exact liability, file all pending years and bring the LLP current.