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Whether every LLP would be required to maintain and file accounts?

Limited Liability Partnership

Endors Varsha Published On: 08 Aug 2019

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Endors Poonam Sharma Published On: 08 Aug 2019

An LLP shall be under obligation to maintain annual accounts reflecting true and fair view of its state of affairs. The LLP is Required to File Minimum 2 Forms per Year. Annual Return in Form 11 signed by Designated Partners is to be filed before 30th May of each year. The Statement of Account & Solvency in Form-8, essentially signed by the designated partners, is to be filed within 30days from the six months from the closure of the respective financial year i.e. by 30th October. If there is any delay filing of Form 8/ Form 11 then the penalty would be Rs. 100/- per day after the above specified period.

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