LLP Compliance · Panaji, Goa

LLP Compliance Overview

A complete LLP compliance service in Goa — the annual and event-based obligations of a Limited Liability Partnership: Form 11, Form 8, ITR-5, designated-partner KYC and agreement changes — run on a managed calendar so an LLP never slips into default.

Overview

LLP Compliance Overview, handled end to end.

An LLP is often chosen for its lighter compliance, but it still carries firm annual obligations under the LLP Act 2008 — the annual return in Form 11 (by 30 May), the Statement of Account & Solvency in Form 8 (by 30 October), and the income-tax return in ITR-5 — all mandatory even for a dormant LLP with no transactions.

Around these sit designated-partner DIR-3 KYC, audit where turnover or contribution crosses the thresholds, and event-based filings for agreement or partner changes. Non-filing attracts a daily penalty. We manage the entire LLP calendar, drawing on our corporate law team, for any LLP.

What's covered

What our service covers.

The full LLP compliance calendar, handled.

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Form 11

The annual return of the LLP, due 30 May.

Form 8

The Statement of Account & Solvency, due 30 October.

ITR-5

The LLP's income-tax return and any tax audit.

Partner KYC

DIR-3 KYC for every designated partner.

Audit

Statutory audit where turnover or contribution crosses limits.

Event filings

Agreement, partner and address changes as they arise.

Our process

How we work, step by step.

01

Map obligations

We set out the LLP's annual calendar.

02

File annual forms

We file Form 11, Form 8 and ITR-5 on time.

03

Keep KYC current

We file designated-partner KYC each year.

04

Handle events

We file agreement and partner changes.

Frequently asked questions

LLP Compliance Overview, answered.

What are the annual compliances for an LLP?

Every LLP must file the annual return in Form 11 by 30 May, the Statement of Account & Solvency in Form 8 by 30 October, and its income-tax return in ITR-5, along with designated-partner DIR-3 KYC. These are mandatory regardless of turnover, even for a dormant LLP.

Are LLP compliances really lighter than a company's?

An LLP has fewer compliances than a company — no board or general meetings and a simpler annual filing set — but the core annual filings, tax return and partner KYC are still mandatory with firm deadlines. The burden is lighter, not absent, and we manage it fully.

Does a dormant LLP still need to file?

Yes. Even an LLP with no business activity or transactions must file Form 11, Form 8 and ITR-5 every year. Skipping them on the assumption that a dormant LLP is exempt is a common and costly mistake we help you avoid.

When is an LLP audit required?

A statutory audit of an LLP's accounts is required only if its turnover exceeds ₹40 lakh or its contribution exceeds ₹25 lakh in a financial year. Below these thresholds, audit is not mandatory, though the accounts must still be maintained and filed. We assess and arrange the audit where needed.

What is the penalty for late LLP filings?

Late filing of Form 11 or Form 8 attracts a daily additional fee, and prolonged default can lead to penalties on the designated partners and to the LLP being struck off. Timely filing on a managed calendar avoids these consequences.

Do designated partners need annual KYC?

Yes. Every designated partner holding a DPIN must complete DIR-3 KYC annually, and failure deactivates the DPIN and attracts a reactivation fee. We track and file partner KYC each year for the LLP.

How do I manage LLP compliance in Goa?

Book a free consultation and share your LLP details. We set up and run the full compliance calendar, on a transparent fee.

Running an LLP? Keep its compliance current.

Book a free consultation with a qualified Chartered Accountant in Goa. We'll manage your LLP's annual and event compliance — no obligation.