LLP Audit & Compliance Services

Comprehensive audit and compliance solutions for Limited Liability Partnerships. Ensure statutory compliance, accurate financial reporting, and regulatory adherence with our expert audit services.

What is LLP Audit & Compliance?

LLP audit involves statutory examination of financial records as per LLP Act 2008, while compliance ensures adherence to MCA regulations, tax laws, and other statutory requirements. Audit is mandatory when turnover exceeds ₹40 lakhs or contribution exceeds ₹25 lakhs.

Audit Requirements

  • Turnover > ₹40 lakhs in any FY
  • Contribution > ₹25 lakhs
  • Appoint auditor within 30 days
  • File audit report with Form 8

Tax Audit Requirements

  • Turnover > ₹1 crore in business
  • Gross receipts > ₹50 lakhs in profession
  • Section 44AB of Income Tax Act
  • Due date: September 30

Why Professional LLP Audit & Compliance?

Expert audit ensures legal compliance, financial accuracy, and risk mitigation for your LLP

Statutory Audit

Mandatory audit as per LLP Act when turnover exceeds specified limits

Tax Audit

Tax audit under Income Tax Act for LLPs meeting criteria

Compliance Management

Complete statutory and regulatory compliance monitoring

Risk Assessment

Identify and mitigate financial and operational risks

Benefits of Professional LLP Audit & Compliance

Protect your LLP with comprehensive audit and compliance services

1

Legal Compliance

Ensure adherence to LLP Act and other regulations

2

Financial Accuracy

Verify accuracy of financial statements and records

3

Risk Mitigation

Identify and address financial risks early

4

Tax Optimization

Legitimate tax planning and compliance

5

Investor Confidence

Build trust with partners and investors

6

Avoid Penalties

Prevent fines for non-compliance

As your auditor, I ensure your LLP meets all statutory requirements, maintains proper financial records, and stays compliant with changing regulations. Professional audit can prevent penalties up to ₹5 lakhs for non-compliance.

LLP Audit Requirements & Process

Turnover exceeds ₹40 lakhs
Contribution exceeds ₹25 lakhs
Maintain proper books of accounts
Annual financial statements
Form 8 with auditor's report
Tax audit report if applicable
Partner's disclosure documents
Minutes of meetings

Auditor Note: LLP audit involves examination of financial statements, verification of compliance with accounting standards, checking statutory registers, and ensuring proper disclosure in Form 8. Early preparation ensures smooth audit process.

Book Free Audit Consultation

Get expert guidance on LLP audit requirements from our auditors

Audit & Compliance Services

Complete LLP compliance solutions

Statutory Audit

Mandatory financial audit under LLP Act 2008

Tax Audit

Income Tax audit under Section 44AB

Form 8 & Form 11 Filing

Annual compliance filing with MCA

GST Compliance

Monthly/quarterly GST returns and audits

Compliance Services

Year-round compliance management

Annual Compliance Checklist
MCA Form Filing Calendar
GST Return Filing
TDS Compliance
Professional Tax
ESIC & PF Compliance
ROC Annual Filing
Legal Compliance Audit

Audit Documents Required

Prepare these for LLP audit

Financial Statements (Balance Sheet, P&L)
Bank Statements & Reconciliation
Sales & Purchase Invoices
Tax Returns & Challans
Statutory Registers & Minutes