LLP Winding Up Online Fees in India - Government & Professional costs
The LLP winding up process involves completing statutory, financial and tax formalities before an LLP is formally closed. The total expense may include professional assistance and government filing charges. The applicable cost depends on the LLP's status, contribution, pending compliances and closure requirements. This guide explains the major cost components, statutory Fees and professional package available for LLP winding up.
What is the Cost of LLP Winding Up?
The cost of LLP winding up depends on the LLP's circumstances and the procedure followed for closure. Expenses can arise from professional assistance, statutory filings, accounts finalisation, tax compliance and documentation. An LLP should review its pending obligations and eligibility before beginning the winding-up process.
Learn more about the process through LLP Winding Up.
LLP Winding Up Registration Cost Components
The overall LLP winding-up cost can be divided into professional services, government filing charges and compliance-related expenses. The following table highlights the main components involved without specifying their individual prices.
| Cost Component | Notes |
|---|---|
| Accounts Finalisation | Financial accounts and records are finalised before proceeding with closure. |
| Winding Up Drafting | Required declarations, documents and closure-related applications are prepared. |
| Winding Up Filing | Applicable forms and supporting documents are submitted to the relevant authority. |
| ITR-5 Filing | Applicable income-tax compliance is completed for the LLP. |
| Government Filing Fee | Statutory charges are payable for applicable MCA filings. |
Government Fees for LLP Winding Up
Government Fees for LLP winding up are prescribed under the Limited Liability Partnership Rules. The principal filing for striking off an LLP is Form 24. The MCA prescribes different Fees depending on whether the LLP qualifies as a Small LLP or falls under the other LLP category.
| Government Fee Component | Price |
|---|---|
| LLP Form 24 - Small LLP | ₹500 |
| LLP Form 24 - Other than Small LLP | ₹1,000 |
The MCA Form 24 instruction kit specifies a normal filing fee of ₹500 for Small LLPs and ₹1,000 for LLPs other than Small LLPs. The applicable statutory fee can be subject to changes under the LLP Act, rules or subsequent notifications.
Professional Fee Structure for LLP Winding Up
The IndiaFilings Fees page currently lists a professional package for LLP Winding Up. The package is designed for eligible LLPs seeking closure and includes assistance with important financial, drafting, filing and income-tax compliance activities.
| Professional Plan | Professional Fee |
|---|---|
| Winding Up - LLP (Basic) | ₹9,899 + GST |
View the available package details at LLP Winding Up Pricing.
Key Factors Affecting LLP Winding Up Cost
Several factors can affect the overall LLP winding-up cost. These include the LLP's business status, outstanding compliance, financial records, contribution, tax obligations and documents required for the closure application. Timely completion of statutory requirements can help avoid additional compliance-related expenses.
- LLP status: The business and operational status can affect eligibility for closure.
- Pending compliances: Outstanding filings may need to be addressed before winding up.
- Financial records: Accounts may need to be finalised as part of the closure process.
- Tax compliance: Applicable income-tax obligations must be completed.
- Contribution: The LLP's contribution and classification can determine applicable statutory requirements.
What is Included in a Professional LLP Winding Up package
A professional LLP Winding Up package provides assistance with the principal activities involved in closing an LLP. The IndiaFilings package lists accounts finalisation, winding-up drafting, winding-up filing and ITR-5 filing among its included services.
What's included:
- Accounts Finalisation
- Winding Up Drafting
- Winding Up Filing
- ITR-5 Filing
Businesses can understand the procedure and requirements in greater detail through the LLP winding-up process guide.
Additional Fees for LLP Winding Up
Additional expenses may arise when an LLP has pending statutory filings, unresolved tax obligations or documentation requirements. Government charges may also apply to filings that are necessary before or during closure. Reviewing the LLP's compliance position in advance can help identify additional requirements.
- Pending statutory filing charges
- Additional MCA filing requirements
- Tax compliance-related requirements
- Documentation and certification requirements
- Charges arising from unresolved compliance matters
For a practical overview of the steps involved, refer to the guide to winding up an LLP.
Why Choose IndiaFilings for LLP Winding Up
IndiaFilings provides professional assistance for businesses seeking LLP Winding Up support. The service helps manage important closure activities such as accounts finalisation, winding-up drafting, filing and ITR-5 compliance. With professional guidance and an online process, LLPs can organise their closure formalities efficiently. Start your LLP Winding Up process with IndiaFilings and receive structured assistance throughout the required compliance journey.
Learn more about the documents required through LLP Winding Up Documents and get started with LLP Winding Up support from IndiaFilings.