Annual Filing for LLP: Everything You Need to Know

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)

Annual Filing for LLP: Everything You Need to Know

Congratulations on starting your Annual Filing for LLP (Limited Liability Partnership)—a smart choice! Entrepreneurs in India favor LLPs for many reasons: flexibility, limited liability, and lower compliance than private limited companies. To be clear, it doesn’t matter whether your LLP is operating or has just been dormant. If you have formed an LLP, you must comply with annual filings. Yes, even if you generated zero revenue.

Let us simplify it all for you, so you remain compliant and do not incur unnecessary penalties.
Why Are Annual Filings Important for LLPs?
Annual filing can be viewed as a business check-up. LLPs have an obligation, much like how individuals file their income tax returns. The government wants to see if you have revenue, and what your financial health is; filing is not just for throwing paper at the government; it is a form of transparency, credibility, and avoiding legal issues.

Annual filings help ensure that your LLP is/or remains active in the eyes of the Ministry of Corporate Affairs (MCA). If you miss a filing deadline, penalties may arise, and your LLP may get struck off the register.
What Forms Do You Need to File Annually?
There are two forms that all LLPs must file on an annual basis:

1. Form 11 – Statement of Account & Solvency
Due Date: May 30 each year.

What this includes:

The names of all the partners.
A statement of the LLP's total liabilities and assets.
A statement claiming the LLP's solvency.

Form 11 is straightforward, but it must be filed even if your LLP has never conducted any business for the financial year.

2. Form 8 – Statement of Account & Solvency
Due Date: October 30 each year.
What this includes:
Statement of Profit and Loss.

Balance sheet signed by the designated partners.