What are the compliances of LLP?
LLP compliances include filing Form 8 for Statement of Accounts and Form 11 for Annual Return annually. Income tax filing is mandatory if turnover exceeds ₹2.5 lakh. LLPs must maintain books of accounts and undergo audits if turnover exceeds ₹40 lakh. For seamless LLP registration in Bangalore or online LLP registration in Bangalore, expert consultancy ensures timely compliance and hassle-free setup.