Form 11 is an annual return that all LLPs The Form 11 is obligatory to be filed in the case the LLP is not engaged in any business or business during the financial year and it is to be filed irrespective of its turnover. Apart from the basic details relating to the names, addresses and contact details of the nominated partners/ associates of the LLP, other details that need to be declared are:

• All contributions by LLP partners/partners

• Details of information obtained relating to penalties / covered offences committed during the financial year

• Jurisdiction of the police station of the registered office

• Residential status of the partners

• The LLPIN (Limited Liability Partnership Identification Number) assigned to the LLP is required to pre-populate the basic data.

• Details of various partners of the LLP and the amount of contributions therein as well as the income received by the LLP. 

• E-Form 4 (Information on change of election or dismissal of spouse or partner) and payment of fees (if applicable) for processing e-Form 4 must be completed.

• Prepare your chosen partner's DSC!

• Particulars of partners / nominated partners (DP ) of the LLP and/or the firm wherein the partners are involved (If the partner/DP is also a director in the LLP and/or the above said other firm, it is mandatory to include this detail );  

• Any further details can be submitted alongside this e-form in the form of an optional file attachment. 

Below are some important tips that all LLPs should consider before filing page 5 Form 11 : 

• If you want to read the validation checks for the inputs you’re entering in the form then using the pre-check button can be helpful.This will help to process the data without any errors (There are no errors).

• Where accounts are presented in forms, these should be recorded as on March 31st.

• Details of LLP and/or firm in which partners/ nominated partners( DP) are/are directors/ partners. In any other case, the partner/DP is partner in any LLP, and/or director in any other company in that specific case indeed it has to be mentioned as compulsory.

• It is important that the e-form requires the company secretary to certify the action if any of the following conditions are met:

• The total contribution of the partners exceeds Rs. 50 lakhs is available or

• The turnover of the LLP exceeds Rs. 5 crores and above 

If the account is in/less than the above limit, only the selected partner can accept the e-form. For more information, go to llp annual filing. Note that there is no provision for submitting this e-form.

• Late Costs: The penalty of Rs. 100 per day till the date of filing has been imposed.

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