Limited Liability Partnership (LLP)
Quick Reference for Your Business

Key Features • Documents • Compliance – everything you need to know about LLP.

01
Key Features
📜
LLP Act, 2008

Minimum 2 designated partners (one resident)

🛡️
Limited liability

With partnership flexibility — a separate legal entity

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Incorporation

Via FiLLiP on the MCA portal; LLP agreement filed within 30 days

02
Documents / Information to Provide
🪪
PAN, Aadhaar and photo

of partners

🔑
DSC and DPIN

of designated partners

🏢
Registered office proof + NOC

and utility bill

📄
LLP agreement

For business operations

🏦
Bank statements

For the year (for annual filing)

03
Licenses & Registrations to Operate
License / Registration When needed
Trade License (GHMC / local body) Any business within municipal limits — renew yearly (by 1 Dec in GHMC)
Udyam (MSME) Registration Recommended for all — free, unlocks benefits & loans
Shop & Establishment If you employ staff — within 30 days
GST Registration On crossing the turnover limit / inter-state / e-commerce
Professional Tax (PTRC / PTEC) Employers and self-employed (Telangana)
PF & ESI PF at 20+ employees; ESI at 10+ employees (wages up to ₹21,000)
Sector-specific licenses FSSAI (food), Factory + Pollution (mfg), IEC (import/export), Drug License (pharma) — as applicable
04
Annual Due Dates
Filing Last Date
Form 11 (Annual Return) 30 May
Form 8 (Account & Solvency) 30 October
Income Tax Return (ITR-5) 31 July (non-audit)
DIR-3 KYC (designated partners) 30 June
05
Penalties
Late Form 11 / Form 8
₹100 per day, per form, with no upper limit.
Audit threshold
Audit required if turnover > ₹40 lakh or contribution > ₹25 lakh.
Non-filing for 2+ years
LLP struck off and designated partners disqualified.
06
Why Business Owners Trust M/s Durganjali & Associates
A real, qualified Chartered Accountant

Not an agent — a CA who sets it up right and keeps it compliant.

End-to-end setup

Registration, PAN, GST, bank account and first filings — all in one place.

You never miss a date

We track every annual deadline — no penalties, no strike-off.

Cross-border experience

India, UK and US structures with FEMA and DTAA handled correctly.

Clear updates in your language

Simple updates in Telugu and English — you always know where things stand.

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