Good news for taxpayers and LLPs as the government has recently announced a massive relaxation. The notification comes from MCA and is an opportunity for LLPs but only for a short duration. You must take advantage of this opportunity and save yourself from hefty penalties. Let us understand the latest news of Late fee waive off on LLP ROC Filing through this article.
What is event based ROC Filing?
The Event-Based Compliances are the compliances that are mandatory to be complied with on the occurrence of a certain event. You also need to notify the new updates to the Registrar of Company through ROC Filing. Any unexpected activities, incidents, or new aspects of a corporation are the subject of these event-based compliances.
Importance of LLP ROC Filing
The ROC Filing is critical because the company must notify the Registrar of each event or change in the company. Otherwise, the company will face hefty penalties or even punishment in some cases.
Complete List of Event Based LLP ROC Filing
Compliances | ROC Form | Due-Date | Whether it is required to be filed before ROC? |
Consent of Designated Partner and Particulars of Partners | Form 4 | 30 days from the date of such change | Yes |
Registration of Charges | Form 8 | 30 days from the end of 6 months of the financial year | Yes |
Change in Registered Office of LLP | Form 15 | 30 days from the date of such change | Yes |
Change in Name | Form 5 | 30 days from the date of such change | Yes |
Change in LLP Agreement | Form 3 | 30 days from the date of such change | Yes |
Change in Designated Partners | Form 4 | 30 days from the date of such change | Yes |
Latest News: Late fee waive off on LLP ROC filing
In the latest notification, the MCA announced late fees will be waived off on LLP ROC filing. This has been announced for the due date of forms that fall between 25th February 2022 to 31st May 2022. As per notification, you can file these forms up to 30th June 2022.
The official statement reads that the Ministry has received representations seeking extension of timelines for filing the event based forms by LLPs without paying additional fees in view of transition from version – 2 of MCA – 21 to version – 3 . Keeping in view these representations and to promote compliance on part of the LLPs, it has been decided to allow LLPs to file various event-based LLP e – Forms, due dates of which are falling between 25th February 2022 and 31st May 2022, without paying additional fees up to 30th June 2022.
If you need any further assistance for LLP Annual Compliances, E-StartupIndia is here to serve you in a simple stepwise process. Contact us at – 8881-069-069 or info@e-startupindia.com to know more.