Form 11 is due on 30th May 2018.
All LLPs registered under Limited Liability Act, 2008 have to annually file two forms Form 11 and Form 8.
Annual Return: Form 11 is to be submitted within 60 days of closure of the financial year i.e 30th May 2018. (Financial year closes on 31st March.)
Statement of Account and Solvency: Form 8 is to be submitted within 30 days from the expiry of six months from the closure of the financial year i.e 30th October 2018.
Form 11 is an Annual return that is to be filled by all LLPs irrespective of turnover during the year. Even when an LLP does not carry out any operations or business during the financial year, Form 11 needs to be filed.
Apart from Basic information about Name, Address of LLP, details of Partners/ Designated Partners, other details that need to be declared are :
It must be e-filed on the MCA portal. The e-form has to be downloaded and filled in an offline mode. The pre-fill option is available to minimize your efforts and the Pre-scrutiny button is present to validate the data filled in. This is done before you submit the form online.
Some of the important pointers that all LLPs have to make note of while filing the 5-page Form 11 are as follows:
If figures are within/less than the above limits then the designated partner themselves can certify the e-form.For more information visit llp annual filing.
Note that there is no provision for resubmission of this e-Form.
Late Fees: Penalty of Rs. 100 per day is chargeable till the date of filing
Here, I am providing step by step guide to file form 11 – Annual Accounts with MCA.
LLPIN (LLP Identification Number) can be obtained from here. Write your LLP name and all LLP registered to MCA containing words you have provided, will be displayed. Choose your LLP and get the LLPIN corresponding to it.
Total monetary value of obligation of contribution (Capital Contribution) as on above date will be automatically appearing and it will be as per Form 11 – Annual Return as filed by you.
After using Pre-Filing Button now Come to point no. 8 (d) that is Total contribution received by all partners of the LLP (in Rs.) in that dialogue box mention the amount of Contribution received by All partners say for example Rs. 50,000/-, then mentioned the same.
In Point No. 9 do not mentioned any thing
STEP 5 : Details of individual(s) as partners
Now Come to Point Number 10 that is Details of individual(s) as partners
In that point Designation will automatically captured along with Designated Partner Identification number (DPIN)/ Income tax permanent account number (Income-tax PAN)/ Passport number, as per below mention screen shot.
STEP 6 : Details of individual(s) as partners
So now just click on Pre-Fill button all the details of partner will automatically captured.
As per below Screen.
STEP 7 : Details of individual(s) as partners
Now in above points you have to mentioned the Contribution received and accounted for (in Rs.) dialogue box, this is the amount which is required to be filled by you and Be careful while mentioning such amount because it is equal to total Contribution made to the all partner and the Point No. 8 (d) which is Total contribution received by all partners of the LLP (in Rs.).
STEP 8 : Details of individual(s) as partners
Same process shall be required to be done for all Partners.
STEP 9 : Details of bodies corporate as partners
In Point no. 11 the details of bodies corporate as partners required to be mentioned. If any partner belongs to that then just mentioned Corporate identity number (CIN) or Foreign company registration number (FCRN) or Limited liability partnership identification number (LLPIN) or Foreign limited liability partnership identification number (FLLPIN) or any other identification number DPIN, and click on pre-file button all the details of partner will be auto captured.
STEP 10 : Summary of designated partner(s)/partner(s) as on 31st March of the period for which annual return is being filed
In point no. 12 you have to do nothing, all this details available automatically.
STEP 11 : Particulars of penalties imposed on the LLP as well as Partners :
In point no. 13 (i) if any penalty is imposed on LLP and in point no. 13 (ii) if any penalty is imposed on partners then it should be required to be mentioned otherwise keep it as a blank.
STEP 12 : Particulars of compounding offences :
In point no. 14 if you go for Compounding of offences then you have to provide the details of the same. Otherwise keep it blank as it is.
STEP 13 : Whether turnover of the LLP exceeds 5 crores :
In point no. 15 you have to make tick mark in the round box that if turnover of the LLP exceeds 5 crores then click on Yes button otherwise click on No button.
Now Attach the details of company(s)/ LLP(s) in which partner/ designated partner is a director/ partner, as the case may be, in the below format as an attachment. Make necessary attachment as shown in below screen.
STEP 14 : Verification :
After making necessary attachment now comes to the verification in that case make click on button To the best of my knowledge and belief, the information given in this form and its attachment is correct and complete.
After Click on that Button attached the Digital Signature of Designated Partner along with their DPIN.
STEP 15 : Certificate :
After making verification now comes to the certification in that case make click on button I certify that Annual Return contains true and correct information..
After Click on that Button attached the Digital Signature of Designated Partner along with their DPIN.
STEP 16 : Certificate Optional:
However there is an option for digitally signature that if you have obtained service from Company Secretary in practice then in that case you can use service provided by Company Secretary in practice and they will make the required Certification and Verification as per below screen.
STEP 17:- Prescrutiny
Use Check Form utility to see if any more information is required for form completion. On no error message, including the digital signature of person who is verifying the furnished details. Perform Prescrutiny. If everything is correct, a pop up-window saying “No Prescrutiny errors have found” will be displayed.
Now Online Form Filing Procedure is required to be done. Follow the Below Process for that…..!!!!
STEP 1:- Login to MCA portal
Login here to start uploading your LLP form 11. You can login with same ID and password as you use for the purpose of company filing. Before uploading the form be sure that professional and designated partner whose digital signature are affixed on form, are registered on MCA portal also.
STEP 2:- Upload e-Form
After login, click on upload e-Form button as shown in below image. On next page, you will be asked to upload the LLP form 11. Select your form and hit on upload button.
STEP 3:- Payment
Upon successful loading of form, a window asking for payment will pop-up. Select the mode of payment. On successful payment following message will come and after this challan will generate. Keep it for your future records. Challan will contain the SRN number also.
The following information and documents are required for filing LLP Annual Return:
It is important to note that once the LLP Annual Return is filed, it cannot be resubmitted. Further, the total contribution received by all Partners of the LLP mentioned in LLP Form 11 Annual Return must match LLP Form 8 Statement of Accounts & Solvency to be filed on or before 30th October. Therefore, it is important to get professional help while preparing and filing LLP Annual Return.