What is LLP Annual Filing  Overview

For a Limited Liability Partnership (LLP), the returns should be filed periodically for maintaining compliance and escape heavy penalty under the law for non-compliance. A Limited Liability Partnership has only few compliance to be followed every year which is amazingly low as compared to the compliance requirements placed on the private limited companies. However, the fines seem to be quite large. Whilst non-compliance might only charge a Private Limited company INR 1 lakh in terms of penalties, it might charge an LLP up to INR 5 lakh.

Documents Required For LLP Annual Filing ( Annually)

• PAN Card & COI: PAN Card and Certificate of Incorporation of LLP
• LLP Agreement: The LLP Agreement along with any supplementary agreement, if any
• Financial Statements: Financial Statement of LLP duly signed by the Designated Partners
• Digital Signature: DSC of all Designated Partners is required

LLP Annual Filing Compliance Calendar for your quick reference: 

 Late filing of such forms entail penalties of Rs. 100/- per day of default.