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💼 Form 8 – LLP Statement of Account & Solvency Filing

 

📊 Ensure Financial Transparency and Legal Compliance for Your LLP

 

Every Limited Liability Partnership (LLP) registered under the LLP Act, 2008 must file its Statement of Account & Solvency annually with the Registrar of Companies (ROC) using Form 8 (Filing of Balance Sheet).

At KLS Advisors, we help you prepare and file Form 8 accurately, ensuring that your LLP meets all financial and legal disclosure requirements as per MCA guidelines.


💡 What is LLP Form 8?

Form 8 is an annual compliance form that contains:

  • A declaration of solvency by designated partners.

  • A statement of assets, liabilities, and income of the LLP.

  • Confirmation that the LLP can meet its obligations and is financially sound.

This filing provides a clear picture of the LLP’s financial health and ensures accountability to regulatory authorities.


🏢 Who Needs to File Form 8?

All LLPs registered in India — including active, dormant, and newly incorporated LLPs — must file Form 8 every financial year, irrespective of business activity or turnover.


🕒 Due Date for Filing LLP Form 8

📅 On or before 30th October every year.
(This is six months from the end of the financial year — i.e., 31st March.)


📋 Documents Required for Form 8 Filing

  • Statement of Account & Solvency signed by designated partners

  • Balance Sheet and Income Statement of the LLP

  • Details of loans, advances, and liabilities

  • Auditor’s Report (if turnover exceeds ₹40 lakh or contribution exceeds ₹25 lakh)

  • Digital Signature Certificate (DSC) of Designated Partners


⚙️ Step-by-Step Process for Filing LLP Form 8

1️⃣ Prepare financial statements for the financial year.
2️⃣ Verify solvency declaration by designated partners.
3️⃣ Fill in Form 8 on the MCA portal with accurate financial data.
4️⃣ Attach supporting documents and digitally sign the form.
5️⃣ Upload and submit to ROC before the due date.
6️⃣ Receive acknowledgment (SRN) for compliance record.


🚫 Penalties for Non-Filing of Form 8

  • ₹100 per day of delay, with no upper limit.

  • May lead to LLP status being marked non-compliant on MCA portal.

  • Future filings (like Form 11) may be restricted or delayed.

  • Partners may face legal penalties for continued default.


💼 Our LLP Form 8 Filing Services Include

  • Preparation and verification of financial statements

  • Assistance in drafting the Statement of Account & Solvency

  • Online filing of Form 8 with ROC

  • Auditor coordination and compliance review

  • Annual ROC filing package (Form 8 + Form 11)


🌟 Why Choose KLS Advisors

  • ✅ Experienced professionals in LLP & ROC compliance

  • 🧾 100% accuracy and timely filing

  • 💬 Transparent, client-focused communication

  • 💼 Comprehensive annual compliance solutions


🚀 Stay Financially Compliant with KLS Advisors

Avoid penalties and maintain your LLP’s good standing with timely Form 8 filing.
We ensure every compliance step — from preparation to submission — is handled efficiently and professionally.

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