ROC Return Filing for LLP

Filing returns with the Registrar of Companies (ROC) is an essential compliance obligation for Limited Liability Partnerships (LLPs) in India. It ensures the proper maintenance of the LLP’s legal and financial records with the Ministry of Corporate Affairs (MCA).

The following returns are required to be filed by LLPs:

Annual Return (Form 11): The Annual Return for an LLP provides a summary of the LLP’s affairs during the financial year. It includes information about the LLP’s partners, designated partners, registered office address, and various changes that might have occurred during the year. The following information is typically required for filing the Annual Return:

  • Details of the LLP (name, registered office address, LLPIN, etc.).
  • Details of the partners and designated partners.
  • Statement of the total contribution received by all partners.
  • Details of the principal place of business and other places of business.
  • Information on the total obligation of the LLP and details of secured creditors.
  • Changes in the LLP’s structure or management during the year.

The Annual Return for an LLP must be filed within 60 days from the closure of the financial year, i.e., by the 30th of May.

Statement of Account & Solvency (Form 8): The Statement of Account & Solvency provides a snapshot of the LLP’s financial position, including assets, liabilities, and solvency. The following information is generally required for filing Form 8:

  • Statement of assets and liabilities of the LLP.
  • Details of the partners’ contributions and loans, if any.
  • Details of secured loans, if any.

The Statement of Account & Solvency for an LLP must be filed within 30 days from the end of six months of the financial year, i.e., by the 30th of October.

Both the Annual Return (Form 11) and the Statement of Account & Solvency (Form 8) must be digitally signed by a designated partner and a practicing Chartered Accountant (CA) or a practicing Cost Accountant (CMA) before uploading them to the MCA portal.

It’s essential to comply with these filing requirements within the stipulated time to avoid penalties and maintain the LLP’s good standing with the authorities. As laws and regulations may change over time, it’s recommended to consult with a professional CA or CS to ensure accurate and timely ROC return filing for your LLP.