When are LLP accounts due?

By | June 14, 2023

When are LLP accounts due

When are LLP accounts due

 

 

The due date for filing LLP accounts can vary based on the jurisdiction and the regulations pertaining to LLPs in a particular country. Here are some general guidelines to consider, keeping in mind the potential variability:

  1.  United Kingdom (Companies House): LLPs in the United Kingdom are required to file annual accounts with Companies House. The filing deadline for LLP accounts is generally nine months after the end of the accounting period. However, there are specific requirements for first-year accounts.  It continue subsequent years’ accounts, so it’s important to review the regulations in detail.
  2. United States (IRS): LLPs in the United States are classified as partnerships for tax purposes.  They generally do not file accounts with the IRS. Instead, they file Form 1065, U.S. Return of Partnership Income, which includes information about the LLP’s financial activities and income distribution. The due date for filing partnership tax returns (Form 1065) is typically March 15th, but it can extend to September 15th with an extension request.
  3.  India (Ministry of Corporate Affairs): In India, LLPs are required to file annual accounts and statements with the Ministry of Corporate Affairs. The due date for filing LLP accounts is typically 30 days from the end of six months after the financial year ends. For example, if the financial year ends on March 31st, the LLP accounts would generally be due by September 30th.

For more information visit this site: https://www.mca.gov.in

Moreover,  When are LLP accounts  due dates and requirements may vary based on the jurisdiction and the LLP’s specific circumstances. It is advisable to consult the regulatory authorities or seek professional advice to determine the exact deadlines for filing LLP accounts in your specific jurisdiction.

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