LLP Form 11 is the annual return form that every Limited Liability Partnership (LLP) in India must (Without any exemption at all) file with the Ministry of Corporate Affairs.
Objective:
To provide an annual update to the MCA about the LLP’s operations, partners, and any changes in the management.
Content:
Key contents of Form – 11 are as follows:
- Basic information about the LLP, such as its name and address.
- Details of partners and designated partners.
- Total contributions made by or to partners.
- Information about penalties or offenses committed during the financial year.
- Details of other companies or LLPs in which the partners hold similar positions.
- Summary of Changes (if any).
Prerequisites:
- LLPIN (Limited Liability Partnership Identification number) allotted to the LLP is needed to pre-fill the basic data.
- Declaration about contribution/sums received by all the partners of the LLP
- Payment of fees with respect to e-Form 4 (Notice of appointment, cessation, and change in designation of a designated partner or partner) and processing of e-form 4 should be completed (If applicable).
- DSC of your Designated Partner.
Enclosures:
- Details of LLP and/ or company in which partners/ designated partners (DP) are directors/ partners (It is mandatory to attach these details in case any partner/ DP is a partner in any LLP and/ or director in any other company)
Any other information can be provided as an optional attachment to this e-Form
Due Date:
The due date for filing Form 11 is May 30th of each financial year.
Penalties for Late Filing:
Failure to file Form 11 by the due date can result in penalties of INR.100.00 per day, with no upper limit.
Correctness:
It’s important to ensure that all information provided in Form 11 is accurate, as there is no provision for resubmission.
Thank you.
Courtesy: Compliance.
Ganashri Advisers India LLP | +91 94801 18310 | +91 83106 26652 |
https://www.ganashri.com | cg@ganashri.com
Disclaimer
This document has been issued in the general interest of knowledge transfer purpose and it cannot be construed in any other manner whatsoever.
