The elected partners are obligated to maintain a proper book of accounts and submit an annual return to the Ministry of Corporate Affairs because limited liability partnerships are separate legal entities (MCA).
Limited Liability Partnerships are not required to audit their books of account unless their yearly revenue reaches Rs. 40 lakhs or the contribution surpasses Rs. 25 lakh. As a result, the annual filing process is made simpler for LLPs that satisfy the aforementioned condition by not needing to have their books of accounts audited.
Documents Required:-
The following records must be submitted annually by LLPs in order to comply:
- Pan Card
- Partners Contribution
- Audited Financial Statements
- An independent auditor must audit Financial Statements
- Audit Report & Board Report
- Independent Auditor's report and Board report must be concerned
- DSC of Partners
- An accurate and active DSC of two of the partner must be provided and presented.
What we offer:-
- Preparation of documents
- Partner kyc
- Filing Required Froms
- Providing copy of challan