Every limited liability partnership shall keep books of accounts which are sufficient to show and explain the limited liability partnership’s transactions and are such as to disclose with reasonable accuracy, at any time, the financial position of the limited liability partnership at that time; and enable the designated partners to ensure that any Statement of Account and Solvency prepared under this rule complies with the requirements of the LLP Act. The books of account which a limited liability partnership is required to keep shall be preserved for eight years from the date on which they are made. Every limited liability partnership shall file the Statement of Account and Solvency in Form 8 with the Registrar, within a period of thirty days from the end of six months of the financial year to which the Statement of Account and Solvency relates. Provided that a limited liability partnership whose turnover does not exceed, in any financial year, forty lakh rupees, or whose contribution does not exceed twenty-five lakh rupees shall not be required to get its accounts audited.
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CompaniesHouse is an MCA Authorized Company Registered Agent in India. The object of the CompaniesHouse is to minimize the cost in filing Accounts & Solvency of LLPs throughout India.
It is a report of LLP accounts & solvency at the end of the financial year.
LLP Form No. 8.
With in 30 days from end of six months period from closure of the financial year.
Yes. You can file it.
Penalty will be imposed and you can not close your LLP pending compliance of Annual Filings.
Annual Return in LLP Form No. 11 has to be filed.
Rs. 50/-.
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