Every registered Limited Liability Partnership (LLP) in India must file two mandatory annual returns with MCA: Form 8 (Statement of Accounts & Solvency) due by 30 October and Form 11 (Annual Return) due by 30 May. Late filing attracts ₹100 per day per form with no cap. BigMind Consulting manages LLP annual compliance, statutory audit (where required), and ITR-5 filing for LLPs across India.
LLP annual compliance overview
| Filing | Purpose | Due Date | Signed By |
|---|---|---|---|
| Form 8 | Statement of Accounts & Solvency — financial position of LLP | 30 October | Designated Partners + CA/CS/CMA |
| Form 11 | Annual Return — partner details, contribution, and activities | 30 May | Designated Partners |
| ITR-5 | Income Tax Return for LLP | 31 Oct (if audit) / 31 July (otherwise) | Designated Partners via IT portal |
Form 8 — Statement of Accounts & Solvency
Form 11 — Annual Return
When is statutory audit mandatory for an LLP?
Audit Required (either condition met)
- Annual turnover exceeds ₹40 lakh
- Total partner contribution exceeds ₹25 lakh
Audit Exempt (both conditions met)
- Annual turnover does not exceed ₹40 lakh
- Total partner contribution does not exceed ₹25 lakh
Exempt LLPs still must file Form 8 with a partner solvency declaration.
Penalties for late or non-filing
| Non-Compliance | Penalty |
|---|---|
| Late filing of Form 8 (after 30 Oct) | ₹100 per day from 31 Oct until date of filing — no maximum cap |
| Late filing of Form 11 (after 30 May) | ₹100 per day from 31 May until date of filing — no maximum cap |
| Non-filing for 3+ consecutive years | LLP may be struck off by MCA; designated partners held personally liable for LLP debts |
| Non-filing of ITR-5 | Interest under 234A (1% p.m.) on tax dues; late filing fee of ₹10,000 under 234F |
Frequently Asked Questions
What is Form 8 for an LLP and when is it due?
Form 8 is the Statement of Accounts and Solvency for an LLP. It discloses the LLP's financial position — assets, liabilities, and a solvency declaration by the designated partners. Form 8 must be filed with MCA by 30 October each year (for the financial year ending 31 March). It must be signed by both the designated partner(s) and a practising Chartered Accountant, Company Secretary, or Cost Accountant.
What is Form 11 for an LLP and when is it due?
Form 11 is the Annual Return of an LLP. It contains details of the LLP's designated partners, contribution summary, business activities, and other particulars. Form 11 must be filed with MCA by 30 May each year. Unlike Form 8, Form 11 does not require a CA/CS certification — it is signed by designated partners.
Is a statutory audit mandatory for an LLP?
Statutory audit is mandatory for an LLP if: (1) its annual turnover exceeds ₹40 lakh, OR (2) its contribution exceeds ₹25 lakh. LLPs below both these thresholds are exempt from mandatory audit but must still file Form 8 with a self-declaration of solvency signed by the designated partners.
What is the penalty for late filing of LLP Form 8 or Form 11?
A penalty of ₹100 per day per form applies for each day of delay beyond the due date — with no maximum cap. For example, a 60-day delay on Form 8 results in a ₹6,000 penalty per designated partner. Persistent non-filing can lead to the LLP being struck off by MCA and its designated partners being held personally liable.
Does an LLP have to file an Income Tax Return separately from Form 8 and Form 11?
Yes. MCA filings (Form 8 and Form 11) are separate from Income Tax Return filing. An LLP must file its ITR-5 annually by the applicable income tax deadline (31 October if audit applies, 31 July otherwise). Both the MCA filings and ITR must be completed annually. BigMind Consulting manages both.
Need LLP annual compliance support?
BigMind Consulting provides annual LLP compliance packages — Form 8, Form 11, audit, and ITR-5 filing in India and India.
BigMind Consulting · LLP Annual Compliance & Filing · India