prpri Post LLP Incorporation compliances overview Post LLP Incorporation compliances overview


LLP (Limited Liability Partnership) a perfect blend of Company and Partnership Firm though having less compliances as compared to Company still needs to be taken care off. If Ignored, Penalty meter of late statutory fees will rise.

Brief overview of Post LLP Incorporation Compliances is provided below:-

S. No. Particulars Due Date/Status
1) LLP Form 3 (LLP Agreement) within 30 days of incorporation of LLP
2) PAN Application Required to be obtained immediately, acts as an identification number for every tax payer and is required for opening Bank Account also
3) Opening of Bank Account in LLP Name Current Account needs to be opened for carrying out transactions
4) Form 8 (Statement of Account and Solvency) within 30 days from the end of six months of financial year to which it relates
5) Form 11 (Annual Return of LLP)* within 60 days of closure of financial year
6) Filing of Income Tax Return

In case Audit is not required

In case Audit is required

31st of July every year

30th of September every year

7) Designated Partner’s KYC on or before 30th of September every year
8) Mandatory Audit of Accounts If Capital contribution exceeds 25 Lakhs


Turnover exceeds Rs. 40 Lakhs


* can be filed till September 30,2020 pursuant to MCA General circular No. 13/2020 dated 30.03.2020 i.e. LLP Settlement Scheme,2020

Major mandatory post incorporation compliances overview is provided above, rest event-based compliances differ.

Disclaimer: The Author does not in any way take responsibility & guarantee towards the 100% accuracy of the information provided in this article. The Author has tried to prepare the article based on the relevant information available & is a mere opinion of author. Other views are most welcome for the suggestions or improvements to be done in the article.

The Author is a Company Secretary in practice & for any query/suggestion can be reached at +91-8826108009 or Email at


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Qualification: CS
Company: Lakshay Sethi & Associates
Location: Delhi, Haryana, IN
Member Since: 17 Jun 2018 | Total Posts: 14
The Author is a Company Secretary in practice and proprietor of Lakshay Sethi and Associates, a Company Secretary sole proprietorship firm which focuses on providing timely services and solutions to its clients. We deal in the field of Corporate laws, FEMA, RBI, Intellectual Property Rights and othe View Full Profile

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August 2021