We have a dedicated team who will take care of all your secretarial compliances specified under the Limited Liability Partnership Act!
LLP’s have to fulfill various statutory compliances as per the act, to maintain an “Active” status and avoid theft penalties. Ministry of corporate affairs (MCA) looks after the compliance procedures & filing of all the LLP in India.
We have a dedicated ROC team with 10+ years of experience who shall keep you compliant & make sure that you don’t have to pay any extra penny from your pocket as of late fee or penalty. Our rates are very reasonable, and we solely focus on providing the best quality service to our customers.
Every LLP irrespective of any business activity during a year has to comply with all the above compliances still compulsorily. The compliances, however, shall be much simpler in this case.
Yes. Mainly because many compliances, such as an audit, apply to LLPs only after their turnover is sizable. Most of the LLPs spend about half as much as a private limited company in their first year on registrations and compliance work.
LLP is penalized for an amount of Rs 100 per day for each form until the filing is completed. At the same time, the officers in default are penalized with a minimum of Rs 10,000 & a maximum of Rs 1,00,000.
Compared to a private Limited company an LLP does not have to
» Maintain statutory registers
» Conduct an AGM at the end of every year
» Conduct four board meetings in a year
» Prepare minutes of every meeting.
Only when the LLP is subject to audit, i.e. business turnover more than 40 lakhs or contribution more than Rs 25 lakhs,
Form 8 needs to be authorized by a CA, i.e. digitally signed by a practising Chartered Accountant.
Form 11 needs to be authorized by a CS, i.e. digitally signed by a practising Company Secretary.