LLP ROC Compliance

LLP ROC Compliance

LLP is having a corporate character and a separate legal identity from its members. It has the right to deal in property in its own name, the power to sue and be sued, execute contracts, open account and is governed by the Companies Act 2013. Annual LLP ROC Compliance is very important to avoid penal consequences. The Legal Entity-Continue its existence irrespective of Changes in partners i.e. perpetual succession in LLP.

The words “Limited Liability Partnership” or use the word “LLP” as the last words in its name. Through voluntary consent or necessary interference of the concerned Tribunal, Winding up is processed.

LLP Registration – Key features

LLP Registration is one of the best way to start a business in India. This is because LLP law is not so stringent like a private limited company. Further gives more flexibility to do the business. To just sum up, here are few features of LLP which may hep to decide whether to go for LLP registration or not.

  • Lowest Price – We have the lowest LLP Registration price across India hence cost benefit.
  • Lesser Compliances – LLP registration offers you least compliances as compared to limited company.
  • No Audit – Unlike Private Limited Company, LLP is not required to get audited in case nil turnover.
  • Minimum Requirement – LLP Registration require at-least two person to start with no minimum capital.
  • Profit Withdrawal – Profit can be withdrawn easily without paying any tax unlike companies.
  • Flexible Agreement – Flexible agreement allows to draft rules and regulation according to one benefit.
  • High Penalty – If you forget to file any form of LLP then there is a penalty of Rs,100 per day.
  • Simple Filings – Only two forms are required to be filed for LLP compliance during the year.


Form No. to be FiledWhen is this compliance to be done?Penalty or Consequences for not filing Form 11 and Form 8
1. Form 11
(Annual Return of LLP)
Within 60 days from the end of Every Financial Year

For LLP: Per day penalty of Rs. 100 till the filing is completed
So for example: If the Form 11/ Form 8 of your LLP is not filed within the due dates and suppose the delay is of 100 days for each form then the Government penalty fees will be:
Rs. 10,000 (i.e. @ Rs. 100 per day for 100 Days) for Form 11
Rs. 10,000 (i.e. @ Rs. 100 per day for 100 Days) for Form 8
For Designated Partner: From Rs. 10,000 to Rs. 100,000 Penalty
ROC can issue Notice to LLP and initiate legal proceedings
2. Form 8 Filing
(Statement of Accounts & Solvency of LLP)
Within 30 days from the end of 6 months from the closure of Every Financial Year

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