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Frequently Asked Questions (FAQs)
What happens if an LLP fails to file Form 8 and Form 11?
−Failing to file Form 8 and Form 11 incurs a penalty of ₹100 per day per form with no maximum limit, resulting in substantial fines. Prolonged non-compliance can lead to the LLP being marked as "Inactive" or even struck off by the Ministry of Corporate Affairs (MCA). Designated partners may also face personal liability.
When is an audit mandatory for an LLP?
+Can the financial year of an LLP be different from April to March?
+Who is responsible for ensuring LLP compliance?
+Is a Digital Signature Certificate (DSC) mandatory for LLP compliance?
+What is DIR-3 KYC, and why is it important for Designated Partners?
+Can an LLP raise foreign investment (FDI)?
+What happens if there is a change in the LLP Agreement?
+How do LLPs handle their bookkeeping and accounting?
+Why Choose RegisterKaro for Your LLP Compliance?
Registerkaro ensures a hassle-free experience with expert support every step of the way. With everything at your fingertips, such as:
- LLP Statutory Compliance: Get expert handling of all mandatory LLP filings and legal requirements to keep your business compliant.
- Proactive Approach to Compliance: We track every deadline so you never face the ₹100/day late fee.
- Reminders for Due Dates: Timely notifications to ensure you never miss critical deadlines for filings and payments.
- Comprehensive Packages: From Form 11 to ITR filing, get everything you need in one place.
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