Know What is LLP Form 11, its Purpose and Fees

Form 11 is a form used by the Limited Liability Partnerships (LLPs) established under the Limited Liability Partnership Act, 2008, in India. If you are planning to set up an LLP or recently set up one, then check out this blog post to learn about what LLP form 11 is, its purpose and the process to file it with the Registrar of Companies (RoC), Ministry of Corporate Affairs (MCA), in India.

What is LLP Form 11?

LLP form 11 is a form used by the LLPs registered with the Registrar of Companies (RoC), Ministry of Corporate Affairs (MCA), in accordance with the provisions of the Limited Liability Partnership (LLP) Act, 2008. 

The purpose of form 11 is to file the annual return of LLP with the RoC. Basically, the form provides a summary of the LLP partners, capital contributions, management and any changes that took place during the preceding financial year. 

The form 11 for LLP ensures that the RoC remains updated regarding the ownership structure, compliance status and important operational details of the LLP. The due date for filing this form is 30th May of each year. 

Information & Documents Required for Filing 11 Form

The following details and documents are required for filing 11 form :-

• LLP Identification Number (LLPIN)
• Name of the LLP
• Registered Office Address of the LLP
• Details of all LLP Partners as well as the Designated Partners
• Total obligation of contribution of each and every LLP Partner
• Total contribution actually received from all LLP Partners
• Summary of Partner and Designated Partner Details, along with changes (if any)
• Information on any penalties imposed/offences compounded during F.Y.
• List of other LLPs/companies where any Partner/Designated Partner is also a Director/Partner
• Nature of Business Activity, including classification (Business, Profession, Service, Occupation, etc.)
• Principal business activities carried out by the LLP

How to File Form 11 of LLP?

To file 11 form of LLP, several steps need to be completed. Below, we have explained each and every step involved in the 11 form filing process. :-

Step 1 :- Collection of Necessary Information/Documents

You need to keep the following details/documents handy during the LLP annual return filing process using 11 form :-

• Limited Liability Partnership Identification Number (LLPIN).
• Details of Principal business activities carried out by LLP.
• Details of Total contribution received from all Partners.
• List of Details of all Partners and Designated Partners. This includes their names, addresses and their capital contributions to the LLP.

Step 2 :- Form 11 LLP Download

Visit the official MCA portal and then go to the “LLP services” section. Then, from the list of available forms, you must choose 11 form and download it.

Step 3 :- Fill Out Form Details

Now, when you have the form, you need to enter all the required details in it. This includes the LLP name, address, and financial year details. You must also input the partner and contribution updates. Additionally, in the form, you must disclose penalties, notices or compounded offences, if applicable.

Step 4 :- Attach Relevant Documents

You need to attach all the relevant documents, such as a statement listing LLPs or companies where any partner/designated partner is also a partner/director. You can also attach other supporting documents.

Step 5 :- Use Digital Signature Certificate 

Now, you need to sign the form with the help of the digital signature certificate of the designated partner. In case the contribution exceeds Rs. 50 lakhs or the turnover exceeds Rs. 5 crores, a practising CS must also certify the form. 

Step 6 :- Pay the Filing Fee

Now, you must submit the signed form on the MCA portal. Along with the form, you need to pay the applicable LLP return filing fee, which is based on the LLP contribution.

Step 7: Acknowledgement Receipt

Once you submit the form successfully, the MCA system will generate an acknowledgement receipt. You can download and save it for future reference.

Conclusion

LLP Form-11 is the designated form for filing the annual return of LLP with the Registrar of Companies, Ministry of Corporate Affairs, in India. This form’s due date is 30th May of each year. Filing this form is essential for ensuring compliance with the LLP Act, 2008. 

In case of non-compliance, the LLP can face a penalty of Rs. 100 per day for each day of delay. It is important to note that once 11 Form is filed, it cannot be revised or refiled. Therefore, it is essential to ensure accuracy while submitting this form.

If you need assistance in LLP incorporation or annual return filing, you can connect with our LLP experts at Registrationkraft! 

Also Read: How to Register an LLP in India

Frequently Asked Questions (FAQs)

Q1. Which form do I need to use to file an annual return of LLP?

To file an annual return of LLP, you need to use form 11.

Q2. What is the purpose of LLP form-11?

The purpose of this form is to file an annual return of LLP.

Q3. Is it mandatory for LLPs to file an annual return every year?

Yes, all the LLPs registered in India must mandatorily file an annual return every year.

Q4. What is the due date for filing LLP form 11?

The due date for filing LLP form 11 is 30th May of every year. 

Q5. What is the Form 11 LLP turnover limit?

There is no turnover limit for LLP form-11. Each and every LLP registered in India must file this form regardless of its annual turnover.

Q6. What is form 11 fees?

The fee to be paid for filing this form depends on the LLP’s total capital contribution.

Q7. What is form 11 late fees?

The late fees for filing this form is a penalty of Rs. 100 per day of delay. 

Disclaimer :- This blog post is intended for educational purposes only. We do not guarantee full completeness or accuracy of the information.