• Part 8: Part 8: Annual Return

    • Article 30 - Duty to deliver annual returns

      (1) Every Limited Liability Partnership shall deliver to the CRO in the Prescribed Form with the Prescribed Fee successive annual returns each of which is made up to a date not later than the date which is from time to time the "return date" of the Limited Liability Partnership, that is:
      (A) the anniversary of the incorporation of the Limited Liability Partnership; or
      (B) if the last return delivered by the Limited Liability Partnership in accordance with this Article 30 was made up to a different date, the anniversary of that date.
      (2) Each annual return shall:
      (A) be in a form prescribed or approved by the CRO;
      (B) contain the information required by Article 31;
      (C) be signed by a Designated Member of the Limited Liability Partnership; and
      (D) be delivered to the CRO together with payment of the Prescribed Fee.
      (3) If a Limited Liability Partnership fails to deliver an annual return in accordance with this Article 30 before the end of the period of 28 days after the return date, the Limited Liability Partnership shall be in contravention of these Regulations. The contravention continues until such time as an annual return made up to that return date and complying with the requirements of Article 30(2) (except as to date of delivery) is delivered by the Limited Liability Partnership to the CRO.
      (4) Where a Limited Liability Partnership is in contravention of these Regulations under Article 30(3) every Designated Member of the Limited Liability Partnership is similarly liable unless he shows that he took all reasonable steps to avoid the commission of or the continuance of the contravention of these Regulations.
      Amended by QFCA RM2012-1 (as from 11th April 2012)

    • Article 31 - Contents of annual return

      Every annual return shall state the date to which it is made up and shall contain the following information:

      (1) the Name, Address, nationality, date of birth, and business occupation of each of the Members of the Limited Liability Partnership and, if some only of them are Designated Members, which of them are Designated Members;
      (2) the registered office of the Limited Liability Partnership;
      (3) the principal Business activities of the Limited Liability Partnership in the year in question;
      (4) the Name and Address of the auditor of the Limited Liability Partnership; and
      (5) any other information as may be prescribed by the CRO.