
LLP Compliance refers to the legal obligations that a Limited Liability Partnership (LLP) must adhere to under the Limited Liability Partnership Act, 2008. This includes submitting annual returns, maintaining proper financial records, and complying with tax laws. LLPs must file annual returns with the Registrar of Companies (RoC), ensure proper accounting practices, and, if applicable, undergo audits. Additionally, changes in the partnership structure must be reported, and the LLP must comply with income tax and GST regulations. Maintaining compliance helps the LLP function within the legal framework and avoid penalties.