LLP Compliance · Panaji, Goa

Statement of Account & Solvency

Accurate filing of LLP Form 8 in Goa — the Statement of Account & Solvency, due 30 October — comprising the balance sheet, profit and loss and the solvency declaration, signed by the designated partners and certified by a practising professional.

Overview

Statement of Account & Solvency, handled end to end.

Form 8 is the LLP's annual Statement of Account & Solvency. It contains the LLP's balance sheet and profit-and-loss for the year and a declaration of solvency — that the LLP can pay its debts as they fall due — and is due by 30 October, within 30 days of the end of six months from the financial year-end.

It must be signed by the designated partners and certified by a practising CA, CS or Cost Accountant, and is mandatory for every LLP regardless of turnover. Its figures must reconcile with the Form 11 contribution data. We prepare and file Form 8 accurately within your LLP compliance.

What's covered

What our service covers.

The LLP financial statement, filed on time.

Get a fixed-fee quote →

Accounts

Preparing the balance sheet and profit-and-loss.

Solvency declaration

Declaring the LLP's ability to pay its debts.

Certification

Designated-partner signing and professional certification.

Reconciliation

Matching contribution figures with Form 11.

Audit linkage

Incorporating audited figures where audit applies.

Deadline

Filing by 30 October to avoid the daily fee.

Our process

How we work, step by step.

01

Prepare accounts

We finalise the LLP's financial statements.

02

Declare solvency

We complete the solvency declaration.

03

Certify

We arrange designated-partner and CA/CS signing.

04

File by 30 Oct

We file Form 8 within the deadline.

Frequently asked questions

Statement of Account & Solvency, answered.

What is LLP Form 8?

Form 8 is the Statement of Account & Solvency that every LLP files annually, containing its balance sheet and profit-and-loss for the year and a declaration that the LLP is solvent — able to pay its debts as they fall due. It is filed with the Registrar and is mandatory regardless of turnover.

When is Form 8 due?

Form 8 is due by 30 October each year, being within 30 days of the end of six months from the financial year-end on 31 March. Filing late attracts a daily additional fee, so we prepare and file it within time.

Who must sign Form 8?

Form 8 must be signed by the designated partners of the LLP and certified by a practising Chartered Accountant, Company Secretary or Cost Accountant. We arrange both the designated-partner signing and the professional certification.

What is the solvency declaration?

The solvency declaration is the designated partners' statement that the LLP is able to pay its debts in full as they become due in the normal course of business. If the LLP is not solvent, that must be disclosed. We prepare this declaration as part of the filing.

Does Form 8 require audited accounts?

The financial statements in Form 8 must be audited if the LLP's turnover exceeds ₹40 lakh or its contribution exceeds ₹25 lakh; otherwise audit is not mandatory. We incorporate audited figures where the audit applies and prepare the accounts accordingly.

How does Form 8 relate to Form 11?

Form 8 (Statement of Account & Solvency) and Form 11 (annual return) are the two annual LLP filings, and the contribution figures must reconcile between them. We file both and reconcile the data so there are no mismatches.

How do I file LLP Form 8 in Goa?

Book a free consultation and share your LLP's accounts. We prepare the statement, arrange certification and file Form 8 by 30 October, on a transparent fee.

Form 8 due by 30 October? File it accurately.

Book a free consultation with a qualified Chartered Accountant in Goa. We'll prepare and file your LLP's Statement of Account & Solvency — no obligation.