ROC annual compliances of LLP

ROC annual compliances of LLP

Get Special Discount


ROC annual compliances of LLP - Process, Procedure, Document Required, Fees, Eligibility, Duration

A Limited Liability Partnership (LLP) operating in India under the Limited Liability Partnership Act, 2008, is required to comply with a series of yearly submission/declaration filing procedures with the Registrar of Companies (ROC). Every LLP should file an annual statement report, Return of Deposits, profit and loss statement, Board Report, and Annual Accounts with the ROC by the statutory period, or they face penalties.

An LLP is a business comprising of partners who are part of a separate legal entity in which they have limited liability. Individual partners in an LLP are shielded from joint liability resulting from the misconduct of another partner because no partner is liable for the illegal actions of other partners.

Registrar of Companies is the Ministry of Corporate Affairs (MCA) regulatory authority that is in charge of enforcing the Limited Liability Partnership Act of 2008. The ROC awards Registration/Incorporation Certificates to LLPs, permits their closure, and oversees their administrative activities.

The ROCs also guarantee that LLPs follow the Companies Act's statutory obligations. The ROC office keeps a registry of records pertaining to companies registered with them.

Section 609 of the Companies Act of 1956 assigns the primary duty of registering LLPs to the ROCs. The ROC is in charge of company registration in India, as well as the reporting and regulation of companies and their directors and shareholders. The Registrar of Companies also oversees government reporting of various matters, including the annual filling of various documents.

ROC annual compliances of LLP

LLP is a legal entity that follows legal rules and processes. Every LLP is required to file yearly returns outlining its management and financial performance. LLPs must file on ROC’s official records their IT Returns on time, regardless of whether the entity has income, profit, or loss.

Information about partners: Every LLP should file an annual statement report in which it provides information about its operations and partners.

Return of Deposits: Every business is required to file a Return of Deposits, which contains information regarding deposits and/or outstanding receipts of loans or money other than deposits.

Submission of Director KYC for DIN holders: Every Director with Director Identification Number should submit Director KYC.

Profit and loss statement: Every LLP must submit its profit and loss statement and balance sheet to the ROC.

Financial statements: LLPs must submit their financial statements to the ROC. The ROC requires an LLP to file yearly returns describing its management and financial performance.

Annual return: Every firm is required to file an annual return that includes information about the company.

Board Report: Resolutions on the Board Report and Annual Accounts must be filed with the ROC. The LLP should file the specifics of the resolutions that were passed.

ROC annual compliances of LLP - Get Expert Advice

ROC annual compliances of LLP - Get Expert Advice

+91-9910606389, 18001236389
Connect with Expert WhatsApp

ROC annual compliances of LLP Frequently Asked Questions

All LLPs must ensure sufficient documentation by keeping proper account books that provide correct information about all financial activities. Such books of account must adhere to the double-entry accounting system. Failure to comply with this ROC compliance for LLP may result in fines of up to INR 5,000. Annual compliance procedures for LLPs necessitate the filing of two annual returns each year, known as Forms 8 and 11. The penalty for failing to file this return on time is Rs 100 per day till it is filed. For details on ROC annual compliances of LLP, you can contact Credence Corporate Solutions. Our experts can assist you in preparing your financial statements. Our experts will also help you with documentation to assure that you are always in compliance.

Ask Questions about ROC annual compliances of LLP

+91-9910606389, 18001236389
Get Free Consultation on ROC annual compliances of LLP

Get Free Consultation on ROC annual compliances of LLP

+91-9910606389, 18001236389

Why to Choose
Credence Corporate Solutions
for ROC annual compliances of LLP ?


Offices in India


Years Experience


Your Time


Back Guarantee

Credence Corporate Solutions Pvt Ltd is one of the leading Online Business Solution Company in India, where any Large, Medium or Small business houses as also Entrepreneurs get Start-up services and Taxation solutions. One stop business set-up and corporate services company. We are a team of Professionals and Associates like Chartered Accountants, Company Secretary and Consultants with vast knowledge and experience, committed to provide consistent, customized and workable solutions in the fields of ROC, Taxation, Accounting, Labour Laws, Audits, etc...

Read More

Latest Updates

Get the latest company news, corporate information, and more on Credence Corporate Solutions. View this section for the recent information on Company Registration, Licenses, GST, Income Tax, Trademark, Product Mark and other topics. Get to chat with our business experts, read business articles, and stay up-to-date on the newest business news.

Payroll Taxes May 23, 2024

Payroll Taxes

Understanding Payroll Taxes Payroll taxes are taxes that employers withhold from employees' wages and salaries to finance various social insurance programs and gov...

Read More
Inheritance Tax and Estate Tax May 22, 2024

Inheritance Tax And Estate Tax

Understanding Inheritance Tax vs. Estate Tax Inheritance tax and estate tax are both taxes levied on the transfer of assets from a deceased person to their heirs or be...

Read More