No Formal Renewal Required

• LLPs do not require renewal like licenses or registrations

• Once incorporated an LLP exists until it is wound up

• There is no expiry period for LLP registration

• Continuity depends on compliance with filing norms

• Active status is maintained through annual compliance

Annual Return Filing

• LLP must file Form 11 for Annual Return every year

• Due date is within 60 days from financial year end

• Filing is mandatory even if LLP has no activity

• Non-filing can result in penalty and inactive status

• It helps maintain LLP’s legal existence and transparency

Statement of Accounts and Solvency

• LLP must file Form 8 for financial disclosures yearly

• Due date is 30 October for each financial year

• Filing confirms that LLP is solvent and operational

• Needs signatures of designated partners and audit if applicable

• Ensures financial reporting is up-to-date with MCA

Updating KYC and Partner Details

• Partners must update DIR-3 KYC details annually

• Changes in partners or contributions must be reported

• Form 3 and Form 4 must be filed for such updates

• Any structural or agreement changes must be documented

• Keeps RoC records accurate and compliant with law

Penalty and Revival Process

• Delay in filing leads to late fees per day

• Persistent default may mark LLP as defaulting entity

• LLP may be struck off for prolonged non-compliance

• Revival possible through Form 8 and Form 11 with fees

• Proper annual filings prevent need for revival or restoration