Can I close an LLP without filing past due annual returns?

No, all pending annual filings must be completed before applying for LLP closure.

How much does it cost to file LLP Form 24?

The government filing fee is approximately INR 500, though professional fees may vary.

No, once an LLP is officially struck off, it cannot be reopened. A new LLP must be formed.

While not mandatory, professional assistance can reduce errors and ensure compliance.

The closure process typically takes 2-3 months, depending on document verification.

All liabilities must be settled before applying for closure.

Yes, once the LLP is closed, the partners are free to form a new business entity.

Yes, assets such as intellectual property or trademarks need to be transferred or surrendered.

The partners must ensure that all employees are notified and compensated appropriately before closure.

You can track the status of your application through the MCA portal.

Priyanka

February 15, 2025

7 min read

Content writer at RegisterKaro, specializing in business registration and compliance topics.