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Startup Annual Package for LLP

Startup Annual Package (LLP)

A startup running as Limited Liability Partnership has to follow numbers of compliance as laid down by various statutes and regulatory Bodies. Compliance includes ROC Compliance, Income Tax Return, TDS Filing, GST Filing, Book-keeping and Payroll services. We have tried to simplify the journey of Startup registered as LLP to comply with the minimum mandatory compliance by making bundle of compliance in one Startup package, which includes :

Startup Annual Package for LLP includes:
 
ROC COMPLIANCE:
  • KYC for 2 Directors 
  • Filling of Annual ROC forms (Form-8, Form-11)
 
INCOME TAX RETURN OF THE LLP:
  • Balance sheet preparation
  • Firm's Income Tax Return
  • Tax Planning on Partner's Remuneration
 
BOOK-KEEPING:
 
Accounting in Tally Accounting Software
(Based on Invoices/bills submitted regularly)
 
PAYROLL SERVICES (Up to 10 Employees):
  • CTC Structuring & Tax Calculations
  • Pay-slips
  • Employee Reimbursements
 

Comprehensive compliance for Limited Liability Partnership

Yes. LLP will have to comply with minimum provisions of the law and file its regular compliance including ROC, Income Tax etc.

When the firm exceeds turnover of Rs 40 lakhs in a financial year or having its capital contribution more than Rs 25 Lakhs, it has to undergo under audit provisions

Yes, it is mandatory to do so in Form-3, failing which hefty penalties to be paid on daily basis.

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