LLP Form 8 or Statement of Account & Solvency is a form that must be filed every year by all Limited Liability Partnerships (LLPs) registered in India. To File LLP Form 8 with the Ministry of Corporate on MCA portal is mandatory irrespective of the turnover of the LLP
Also, LLP has to file such Accounts to the Registrar of LLP (Form 8) within 30 days from the end of 6 months of such financial year. So, the filing of Accounts is mandatory on or before 30th October every year.
Sample Form 8
Due Date to File Form 8
The government, in an attempt to promote ease of living and compliances for Micro, Medium and Small Enterprises doing business through the vehicle of LLP has decided to allow LLPs to file Form 8 for the financial year 2020-21 without paying additional fees up to 30th December, 2021.
Procedure to File Form 8
Time needed: 5 minutes
- Download the form with instruction kit
You can download Form from MCA website easily
- Find out your LLPIN
Write your LLP name and all LLP registered to MCA containing words you have provided, will be displayed. Choose your LLP and get the LLPIN corresponding to it.
- Prefill the LLP form-8
Fill Year for which this form relates and Periodicity of the form (i.e. annual or interim) and use pre-fill utility. All details upto Part A point no. 1 will be displayed automatically.
Total monetary value of obligation of contribution (Capital Contribution) as on above date will be automatically appearing and it will be as per Form 11 – Annual Return as filed by you. - Fill Statement of Account and Statement
After using Pre-fill utility, fill Statement of Accounts and Statement of Income and Expenditure. Put “0” where there is no amount to mention.
- Attach Documents
Next, upload the necessary documents and attachments as mentioned above.
- Sign & Submit Form
Before submitting go through the form once again and check for errors. Attach your digital signature to authorize the form, and then click Submit.
- Upload Form
Upload the form and pay the required transaction fees.
Note down the SRN number which has been generated for future reference
Attachment List
- Disclosure under MSME Development Act, 2006 (this attachment is mandatory)
- Audited Financial Statement (if applicable)
- Statement of Contingent Liability (if contingent liability exists).
- Any other additional documents, as required.
Certifications for Form 8
In case the total turnover of the LLP/ FLLP exceeds forty lakh rupees (INR 40, 00, 000) or partner’s obligation of contribution exceeds twenty-five lakh rupees (INR 25, 00, 000), then the form should be certified by the auditor of the LLP/ FLLP.
Further, In case the form is certified by a designated partner or authorized representative, then the form is to be additionally certified by a practicing professional.
Professional certification in Form 8 includes
- Verification of particulars filled in the forms from the records of the LLP or FLLP as true and correct;
- Verification that the statement of assets & liabilities and income and expenditure and other documents attached with the forms are true, correct and complete; and
- All the required attachment(s) have been completely attached to the forms.
Filing Fees for Filing LLP Form 8
MCA Calculates LLP Form 8 fees on basis of contribution in LLP. Fees For Form Rs.50 to Rs.200/- Below is summary of Government fees for Filing Form 8.
| Contribution in LLP ( Total Amount ) | Government Fees Applicable |
| LLP having Contribution up to Rs. 1 Lakh | Rs. 50/- |
| LLP having Contribution more than Rs. 1 Lakh up to Rs. 5 Lakhs | Rs. 100/- |
| LLP having Contribution more than Rs. 5 Lakhs up to Rs. 10 Lakhs | Rs. 150/- |
| LLP having Contribution more than Rs. 10 Lakhs | Rs. 200/- |
For Foreign LLP Form 8 filing fees is Rs. 1000/-
FAQs
The Designated Partners of the LLP are responsible to file LLP Form 8 with ROC.
Penalty fees of Rs.100 per day is charged for from the date of delay till the Form is filed with the ROC.
It reflects on the Master Data of the Company on the MCA (Ministry of Corporate Affairs) website.