LLP is a separate legal entity scenario provides partners with advantage of partnership deed along with the company benefits into one set form. But just like a company registered under the companies act 2013, a LLP has also to certain compliances. LLP act, 2008 governs the LLP compliances and are done as per the prescribed due dates under the act and the rules made hereunder. Certain annual compliances of LLP such as statement of accounts and solvency under form 8, annual return in form 11, DIR 3 KYC forms of designated partners and ITR are required are filed in every financial year irrespective of the business operations of the LLP, though the LLP has been granted a exemption of audit below turnover 40 lacs. ROC compliances of LLP are less as compared to a company but incur penalty of straight away Rs 100 per day on account of delay in filing in its respective LLP compliance due date. Non filing may not only lead to penalties but also make ROC to make your LLP status dormant. At Unilex Consultants we provide you a hassle LLP compliance process which would be dealt by our professionals within a short time frame. Our team takes care of the documentation and aids in provide you the realistic estimation of LLP compliance cost
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