What is Annual Filings?

Limited liability partnerships (LLPs) have very few compliances to fulfil, in comparison to private limited companies. LLPs need only file information related to statement of accounts and annual returns on an annual basis. Penalties, however, are huge for failure to comply. Entities that don't end up doing so could be fined heavily, with penalties going up to Rs. 5 lakh in some cases.

LLPs need only file their returns on an annual basis, but failure to do so can be very costly.

Need Our Help?

Need Our Help?

Have a finance problem? Reach to us to get free advisor from our finance experts today.

Contact Now
Delhi | Mumbai | Chennai
Monday to Saturday
Call Us : (+91) 9582179933
Call Us : (+91) 8056088920