Compliance for an LLP

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Annual Compliances for  a Limited Liability Partnership Firm

Head Compliance
Minimum number of Designated Partners Every Limited Liability Partnership shall have at least 2 partners who would be designated partners and out of which at least 1 partner shall be resident in India.
Procuring Designated Partners Identification Number Every Designated Partner should have to obtain a Designated partner Identification Number (DPIN) from the Central Government and in respect of this, all the provisions of sections 266A to 266G of the Companies Act, 1956 shall apply accordingly
Consent and Particulars of Designated Partners Filing of consent of Designated Partner to act as such with the Registrar of Companies in eform 4 with in 30 days of the appointment as the designated partner
Vacancy of Designated Partner Filing of vacancy in Designated Partner with in 30 days of vacancy and intimation of same to Registrar of Companies and in case if no designated partner being appointed or if any time there is only one designated partner, then each partner shall be deemed to be the designated partner
Change of Registered Office File the notice of any change in registered office with the Registrar of Companies in eform and any such change shall take effect only upon such filing.
Change of Name A Limited Liability Partnership may change its name registered with the Registrar by filing with the Registrar notice of such change in such form and manner and on payment of such fees as may be prescribed.
Name of LLP on Invoice and official Correspondence All invoices and official correspondence of the Limited Liability Partnership shall bear its name, address and registration number and a statement that it is registered with Limited Liability.
LLP Agreement & Changes there in A Limited Liability Partnership Agreement and any changes made therein shall be filed with the Registrar in such form and manner and accompanied by such fees as may be prescribed.
Change in Partners Where a person becomes or ceases to be a partner or where there is any change in the name or address of a partner, notice of the same signed by the designated partner to be filed within 30 days to the Registrar.
Books of Accounts Limited Liability Partnership shall maintain proper Books of Accounts for each year on cash basis or on accrual basis and according to the Double Entry System of Accounting at its registered office and shall get them audited in accordance with the rules as may be prescribed otherwise exempted by notification of the Central Government