🏁 Closure of LLP

⚖️ Legally Dissolve Your LLP with Complete Compliance and Accuracy

If your Limited Liability Partnership (LLP) is no longer active or conducting business, it’s important to close it legally to avoid ongoing compliance obligations and penalties. The Closure of LLP process ensures that your entity is formally struck off from government records under the Limited Liability Partnership Act, 2008.

At KLS Advisors, we provide end-to-end support for LLP closure — from eligibility assessment to final filing — ensuring a smooth, compliant, and time-efficient process.

💡 What is LLP Closure?

Closure of an LLP means officially removing its name from the register of LLPs maintained by the Ministry of Corporate Affairs (MCA). Once closed, the LLP ceases to exist as a legal entity, and partners are released from future filing and compliance obligations.

The process is governed by Rule 37 of the LLP Rules, 2009, which allows for voluntary strike-off of LLPs that are inactive or non-operational.

🏦 When Should You File for LLP Closure?

You should consider closing your LLP if:

• The LLP has not commenced business since incorporation.

• The LLP has been inactive for two or more years.

• There are no outstanding liabilities or pending legal matters.

• Partners wish to avoid annual compliance filing costs.

• The LLP is not required for future business operations.

📋 Documents Required for LLP Closure

• Consent of all partners

• Statement of Accounts (not older than 30 days)

• Affidavit and Indemnity Bond from all partners

• Copy of LLP Agreement

• Proof of address of LLP

• PAN Card of LLP

• NOC from regulatory authorities (if applicable)

• Bank account closure certificate

🧾 Form Used for LLP Closure

• Form 24 – Application to the Registrar for striking off the name of LLP

🔍 Step-by-Step Process for Closure of LLP

1️⃣ Consent from Partners – Obtain approval from all partners for closure.
2️⃣ Settle Liabilities – Ensure all dues, taxes, and obligations are cleared.
3️⃣ Prepare Financial Statement – Statement of accounts showing NIL assets/liabilities.
4️⃣ File Form 24 – With the MCA, along with required documents.
5️⃣ Registrar Scrutiny – ROC verifies details and issues approval.
6️⃣ Final Strike-Off Notice – MCA publishes official closure notification.

💼 Our LLP Closure Services Include

• Consultation and eligibility check

• Drafting of resolutions, affidavits, and indemnity bonds

• Preparation and submission of Form 24

• Coordination with ROC and MCA officials

• Continuous follow-up until final approval

• Advisory on post-closure compliance

⚙️ Eligibility for LLP Closure

An LLP can apply for closure if it:

• Has no business operations for at least two financial years

• Has no outstanding dues or liabilities

• Has consent of all designated partners

If these conditions are met, the LLP can be closed through a simple and quick online process.

🌟 Why Choose KLS Advisors

• ✅ Team of Experienced Company Secretaries and Legal Experts

• ⚡ Quick and Hassle-Free Process Management

• 🔒 Confidential and Accurate Documentation

• 💼 End-to-End Legal and Regulatory Assistance

• 🕒 Timely Completion Without Penalties

🏁 Close Your LLP — The Right and Legal Way

Avoid unnecessary compliance costs and future liabilities by closing your LLP with expert help.
Let KLS Advisors handle your LLP Closure efficiently and ensure complete compliance with MCA norms.

📞 Contact Us: +91-9717720616
✉️ Email: info@klsadvisors.in
🌐 Website: www.klsadvisors.in