Limited Liability Partnerships (LLPs) in India enjoy simplified compliance compared to companies. However, non-compliance with statutory filing requirements can attract hefty penalties and additional fees. Every LLP registered under the Limited Liability Partnership Act, 2008, must adhere to prescribed filing timelines for various forms including Form 8 and Form 11.
Let’s understand the penalties for late filing of LLP documents and how to avoid them.
| Form | Description | Due Date |
|---|---|---|
| Form 11 | Annual Return | 30th May each year |
| Form 8 | Statement of Account & Solvency | 30th October each year |
| Form 3 | LLP Agreement and amendments | Within 30 days of incorporation or change |
| Form 4 | Change in partners/designated partners | Within 30 days of such change |
| Income Tax Return | ITR-5 for LLP | 31st July (non-audit) / 31st October (audit) |
As per MCA norms:
₹100 per day of delay per form, with no upper cap.
Applies to all LLP forms including Form 11, Form 8, Form 3, and Form 4.
This penalty continues to accumulate until the date of actual filing.
Example:
If Form 11 is filed 60 days late, the penalty will be ₹100 × 60 = ₹6,000.
Inability to file further forms unless pending forms are filed first.
MCA portal blocks filing if prior-year forms are overdue.
LLP and Designated Partners may be marked as non-compliant or defaulters.
LLP may face disqualification of Designated Partners under Section 164 (if also directors in companies).
In extreme cases, LLP may be struck off by the ROC for persistent non-compliance.
Due Date: 30th May each year.
Penalty: ₹100 per day of delay, with no cap.
Filing is mandatory even if there is no business activity or nil turnover.
Due Date: 30th October each year.
Penalty: ₹100 per day of delay.
Must be digitally signed by Designated Partner and a Chartered Accountant (in some cases).
Form 3 must be filed within 30 days of LLP incorporation or amendment.
Delay attracts ₹100 per day of default.
Without filing Form 3, the LLP agreement is not legally recognized.
Maintain a Compliance Calendar with due dates.
Engage a professional firm like TAXAJ to handle filings.
File NIL returns even if there is no activity.
Don’t wait for the last date – file at least a week early.
Ensure DSC and partners' KYC are valid before filing.
“Most LLP penalties are avoidable with proactive compliance. Filing NIL returns for inactive LLPs and maintaining updated documents with ROC can save thousands in penalties.”
Non-compliance with LLP filing timelines in India leads to steep penalties of ₹100 per day with no maximum limit. It is essential for LLPs to stay on top of statutory deadlines to avoid unnecessary legal and financial consequences.
TAXAJ offers complete LLP compliance services, from regular filings to expert legal guidance. Let us help you stay compliant and penalty-free.