Search

Annual Return for LLP – Form 11

Every Limited Liability Partnership (LLP) registered under the Limited Liability Act, 2008 have to annually file Form 11 with respect to Annual return irrespective of their turnover during the year. The Form 11 needs to be filed with Ministry of Corporate Affairs(MCA) within 60 days from the end of the financial year i.e. on or before 30th May.


Along with other basic information LLP has to declare the following information in the form:

  • Total contribution by/to partners of the LLP; and

  • Details of notices received towards Penalties imposed / compounding offenses committed during the financial year.

Further, Form 11 needs to be certified by a Practicing Company Secretary (PCS) compulsorily if either of the following conditions is satisfied:

  • Total contribution made by Partners is more than Rs. 50 lakhs or

  • Turnover of LLP is more than Rs. 5 crores.

Penalty: A penalty of Rs. 100 per day will be levied, if the LLP fails to file Form 11 with MCA within the due date. The penalty will continue, till the time LLP files the form MCA.

14 views0 comments

Recent Posts

See All

Urgent reminder for filing of Form DIR 3 – KYC

The Ministry of Corporate Affairs (MCA) of the Government of India conducts a KYC check of all directors of all companies registered in India on an annual basis. As per the Ministry of Corporate Affai

Starting Up

When starting your own business, there are so many things to consider, whether it’s the kind of entity you want to create or the legalities that it entails. If you have this idea while you’re still wo

FIVE REASONS WHY STARTUPS FAIL

‘A good business idea would kick start a good business’. This basic premise has fueled thousands of generations of aspiring entrepreneurs, promising that all it takes is one brilliant idea and a lot o