LLP Annual Compliance (Form 11/12)
LLP Form 11 deadline: May 30 (annual return). Form 12: June 30 (statement of accounts). Non-filing penalty ₹100/day per form.
Form 11 Requirements:
- Partner details + contribution
- Business activity description
- LLP agreement amendments
Form 12 Requirements:
- Financial statement (balance sheet + P&L)
- Auditor certificate (₹40L+ turnover)
- Beneficial ownership disclosure
2026 Updates:
- MCA compliance dashboard launched
- Auto-flagging of overdue filings
- Conversion threshold reduced to ₹10L turnover
Practical Tips:
- File Form 11 first (dependency for Form 12)
- Use professional CA certification
- Maintain digital LLP agreement copy
Essential compliance avoiding partner disqualification + ₹1L+ penalties. MCA V3 portal simplified bulk filing for CA firms.