A Limited Liability Partnership partakes in a different status. Consequently, an association needs to keep up with its dynamic status by routinely recording with the Ministry of Corporate Affairs (MCA). Yearly consistence recording is required for any LLP, regardless of whether having a business. Yearly consistence for LLP requires recording two separate structures. One of which is for Annual Return, while another is for Statement of Accounts and Solvency.

The structures are petitioned for announcing the exercises and monetary information for each monetary year in the impending year. The inability to satisfy LLP Annual Compliance prerequisites collects an extra expense of ₹ 100 every day of a deferral till the real date of documenting. Henceforth, aside from the order, the weighty punishment urges the Designated Partners to satisfy the prerequisites.

Documents Required

PAN Card & COI
LLP Agreement
Financial Statements
Digital Signature