What is The Term LLP Form 11?
Form 11 comprises an annual return i.e to be furnished by all LLPs no matter what the turnover is in that year. Also, Limited Liability Partnership (LLP) does not have any operations or business in the fiscal year, Form 11 is required to be furnished. Apart from the basic details about the Name, and Address of LLP, details of Partners/ Designated Partners the additional information also to be shown such as:
Total contribution by/to partners of the LLP
Information of the notices obtained for the penalties levied, and compounding offences happened in the fiscal year.
The same should be e-filed on the MCA portal. The e-form needs to be downloaded and thereafter DSC is affixed on the downloaded form. Afterwards, the form is to be uploaded online on the MCA V3 portal and payment is being done.
Download Free Trial of LLP 11 Filing Software on V3 Portal
Latest Update
- LLP Act 2008 section 67 and Companies Act 2013 section 460 for agreement regarding Form-3, Form-4, and Form-11 filings. Read Circular
- Form 11 LLP now has the ability to download and upload Excel files, in which all the existing data of the Partners and Designated Partners will be filled in automatically. Please read the instructions kit before filing the form.
What is the Method to File LLP Form 11?
Initial Submission: Option 1
Step 1: Open MCA V3 homepage
Step 2: Login to MCA portal with genuine credentials1
Step 3: Click “MCA services” and then choose “LLP E-Filing”
Step 4: Select Form-11 Open “Annual Return of Limited Liability Partnership (LLP)” from the dropdown
Step 5: Input LLP Information
Step 9: Complete the application
Step 11: Click on submit form after successful save at each step
Step 12: SRN is generated upon after submitting the form. (The SRN can be operated by the user for any forthcoming resemblance with MCA.)
Step 13: Download the webform and affix DSC
Step 14: Upload the DSC affixed pdf document to MCA V3 portal
Step 15: Pay Fees (In point the user does not modify or successfully upload the DSC affixed PDF within 15 days of SRN generation and complete the payment within 7 days of successful upload of DSC affixed document or due date of filing of the form + 2 days, whichever is earlier, the SRN will be cancelled.)
Step 16: Download the paid Challan/ Acknowledgement.
LLP Form 11 Annual Return Due Date
Form 11 is due on 30th May of each year. All LLPs enrolled under the limited liability act, of 2008 need to yearly furnish two forms- Form 11 and Form 8.
Annual Return: Form 11 is needed to be submitted within 60 days of the closure of the fiscal year which is 30th May of each year. (Fiscal year closes on 31st March.)
Account and Solvency Statement: LLP form 8 needs to be submitted within 30 days from the expiry of 6 months from the closure of the financial year which is 30th October of each year.
The same article describes the need to furnish the Form 11 Annual return. Indeed, some essential facts during Form 11 filing are given below.
Requirements to Pre-fill MCA LLP Form 11
- LLPIN (Limited Liability Partnership Identification number) assigned to the LLP is required to pre-fill the basic data.
- Declaration of the contribution/sums obtained by all the partners of LLP.
- Payment of fees concerned to e-Form 4 (Notice of appointment, cessation, and revision in the designation of a designated partner or partner) and processing of e-form 4 must be achieved (If applicable).
- Get the DSC of your Designated Partner ready!
What Documents Must Be Submitted with MCA LLP Form 11?
- The information of LLP or company where partners or designated partners stand as the directors/ partners (it is essential to attach this information in case any partner/DP is a partner in any LLP and/or director in any other firm).
- Any additional details could be given as an optional attachment to the same e-form.
Read Also: Free Guide to LLP Registration by FiLLip Form on MCA Portal
Essential Things to Know During Filing the Annual Return 11 Form for LLP
Some of the essential things that LLPs need to know during furnishing the 5-page Form 11 are mentioned as:
- Data inserted can be validated by using the pre-scrutiny button available on the Form. the same shall support no error processing of the data (without glitches).
- The figures shown in the forms should be inserted as they arrive on 31st March.
- Details of LLP and the company in which partner or designated partner ( DP) is a director or partner. (the same is essential to attach the same information when any partner/DP is a partner in an LLP and the director in any additional company.
- The same e-form require certification of practising the company secretary mandatory when either of the mentioned condition meets:
- The total contribution made by Partners exceeded Rs. 50 lakhs
Or
- LLP turnover exceeds Rs 5 cr.
When the figures are within or less than the above threshold then the designated partner on their own could certify the e-form. You can go to LLP annual filing. Note that there is no provision for the resubmission of this e-form.
Normal, Additional Fee and Penalty of Filing LLP Form 11 After Due Date
INR 100 per day shall be imposed as a penalty until the non-compliance continues would be applicable if the LLP Form 11 annual return is not being furnished on or prior to 31st May. You should have all the required information to furnish your form. This is because there would be no cap on the penalty, the amount shall get increased with the passage of time.
A. Normal Fees
| Contribution Amount | Normal Fee Applicable |
|---|---|
| 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 up to 25,00,000 | 200 |
| More than 25,00,000 up to 100,00,000 | 400 |
| More than 100,00,000 | 600 |
B. Additional fees in case of delay in filing of forms
| Period of Delay | Additional Fee Payable for Small LLPs | Additional Fee Payable for Other than Small LLPs |
|---|---|---|
| Up to 15 days | 1 Time of Normal Filing Fees | 1 Time of Normal Filing Fees |
| More than 15 days and up to 30 days | 2 Times of Normal Filing Fees | 4 Times of Normal Filing Fees |
| More than 30 days and up to 60 days | 4 Times of Normal Filing Fees | 8 Times of Normal Filing Fees |
| More than 60 days and up to 90 days | 6 Times of Normal Filing Fees | 12 Times of Normal Filing Fees |
| More than 90 days and up to 180 days | 10 Times of Normal Filing Fees | 20 Times of Normal Filing Fees |
| More than 180 days and up to 360 days | 15 Times of Normal Filing Fees | 30 Times of Normal Filing Fees |
| Beyond 360 days | 25 Times of Normal Filing Fees (“For forms other than Form 8 and Form 11. For Form 8 and Form 11, 15 times normal filing fees plus Rs. 10 per day for every day delay beyond 360 days”) | 50 Times of Normal Filing Fees (“for forms other than Form 8 and Form 11. For Form 8 and Form 11, 30 times normal filing fees plus Rs. 20 per day for every day delay beyond 360 days”) |
