What is Annual Compliances for LLP?

An organization needs to maintain its active status by regularly filing with the Ministry of Corporate Affairs (MCA). Annual compliance filing is mandatory for any LLP, whether having a business or not. Annual compliance for LLP requires filing two separate forms. One is for Annual Return, whereas another one is for Statement of Accounts and Solvency.This forms are recured to filed for reporting the activities and financial data for each financial year in the upcoming year.

What are the benefits of annual compliances?

1.Helps to build higher credibility and trustworthiness,

2. Enables to request for loans and avail credit from other sources,

3. Helps other investors check and assess your financial position.

What are the documents required for required for LLP Annual Filing

1.PAN Card and Certificate of Incorporation of LLP

2.The LLP Agreement along with any supplementary agreement, if any,

3.Financial Statement of LLP duly signed by the Designated Partners,

4.DSC of all Designated Partners is required.

what are the charges of filing annual compliances of LLP?

The charges of filing annual compliances of LLP is Rs.9,999.