Purpose of Filing:
Form 11 captures a variety of details related to the LLP, its partners, and financial transactions during the financial year. Key sections include:
• LLP Name and LLPIN (Limited Liability Partnership Identification Number).
• Address of the LLP's registered office.
• Jurisdiction of the police station under which the LLP falls.
• Names and addresses of all partners and designated partners (DPs).
• Changes in partnership (additions or cessations) during the year.
• Total contribution made by the partners during the year.
• Any notices received regarding penalties or compounding of offenses.
• Details of other companies or LLPs where the partners/DPs hold positions as directors or partners.
• A declaration confirming the accuracy of the information provided in the form.
1. LLPIN (Limited Liability Partnership Identification Number).
2. Details of contributions made by partners during the financial year.
3. Digital Signature Certificate (DSC) of at least one designated partner.
4. Completion of e-Form 4 filings (in case of changes in partner details).
The following documents must be attached when filing Form 11:
• Form 11 must be certified by a Practicing Company Secretary (CS) in cases where:
1. The total contribution exceeds ₹50 lakh; or
2. The turnover of the LLP exceeds ₹5 crore.
• For other LLPs, certification by the designated partners is sufficient.
1. Access the MCA Portal
• Visit the Ministry of Corporate Affairs (MCA) website.
• Log in with your registered credentials.
2. Download and Fill Form 11
• Navigate to the LLP Forms section and download Form 11.
• Use the Pre-Fill option to auto-populate basic details like LLP name and LLPIN.
• Complete the form offline with required partner and financial details.
3. Validate Information
• Use the Pre-Scrutiny button on the form to validate the data and ensure no errors.
4. Attach Necessary Documents
• Include mandatory and optional attachments, as applicable.
5. Digital Signature and Submission
• Affix the Digital Signature Certificate (DSC) of the designated partner.
• Submit the form on the MCA portal.
6. Payment of Fees
• Pay the applicable filing fees based on the LLP’s contribution. Upon successful payment, an acknowledgment receipt (SRN) will be generated.
The filing fee depends on the contribution amount of the LLP:
Contribution Amount | Filing Fee |
---|---|
Up to ₹1,00,000 | ₹50 |
More than ₹1,00,000 up to ₹5,00,000 | ₹100 |
More than ₹5,00,000 up to ₹10,00,000 | ₹150 |
More than ₹10,00,000 | ₹200 |
The penalty for failing to file Form 11 on time is ₹100 per day with no upper limit. This highlights the importance of adhering to the filing deadlines to avoid substantial financial penalties.
1. Accurate Figures:
• Ensure all financial details are as of 31st March of the financial year.
2. Validation:
• Use the Pre-Scrutiny button to avoid errors.
3. Certification:
• Ensure certification by a practicing CS if the LLP exceeds contribution or turnover thresholds.
4. Timely Filing:
• Avoid last-minute filings to mitigate the risk of penalties due to technical errors or delays.
At Accountants Factory LLP, we understand the critical role compliance plays in the smooth functioning of Limited Liability Partnerships (LLPs). Form 11, the Annual Return, is a mandatory filing for all LLPs under the LLP Act, 2008, and serves as a vital component of maintaining regulatory adherence.
With our expertise in financial compliance and advisory services, Accountants Factory LLP offers seamless assistance in preparing and filing Form 11. We ensure:
• Accurate reporting of partner details and contributions.
• Timely submission to avoid penalties.
• Guidance on certification requirements and document preparation.
Our team of professionals is dedicated to simplifying the compliance process while delivering the highest standards of reliability and precision. Choose Accountants Factory LLP for hassle-free compliance with your LLP’s Form 11 filing obligations.
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