+91-000(123)0000

ca@gmail.com

Annual Compliance of the Company

There are certain legal rules you have to follow once you register a Pvt Ltd company in India. To comply with these rules, companies are required to submit information regarding their finances and board meetings every year. As per the Companies Act, 2013, companies must appoint an auditor within 30 days of incorporation, or by calling an EGM within 60 days of incorporation. According to the Companies Act, 2013, if you want to register a Pvt Ltd company in India, you must also regularly share information regarding accounts, conduct a minimum of four board meetings per year, and share the minutes, as well as transfer information about the accounts book, with the company. A company’s Annual General Meeting must also take place, with a maximum gap between meetings of 15 months, as required by Section 96 of the Companies Act, 2013. However, if you have only recently completed your company incorporation, you must hold a General Meeting within the first six months after the date of the financial year’s closure, and within the first nine months after the first closing of the financial year of your company.

Please enable JavaScript in your browser to complete this form.

Economy Package

₹17999

* All Inclusive

Deluxe Package

₹21999

* All Inclusive

Premium Package

₹24999

* All Inclusive

Overview

Private Limited Companies in India are regulated under the Companies Act 2013 of the Ministry of Corporate Affairs. According to the Companies Act 2013, a private limited company has to complete some mandatory legal responsibilities after incorporation. These compliance requirements are hard to maintain as there are different due dates and others.

Benefits

Increase Company & Credibility

The primary requirement for a business is its compliance and policies. The annual return filing data of a company is not only displayed on the master data of the MCA portal but also shows the brand image and credibility of the business. To regularize other activities of a business like loan approval, government tenders, and others, compliances become the major criteria to analyze the credibility of the company.

Attract Investors

The investor is important for every company or business to provide them with funds and support financially. Investors like to invest their wealth in those businesses that have well financial records and data. The MCA portal makes this data of the company visible to all the investors and they will take decision-based on ton data. It is more likely that investors will invest in a company with good compliance.

Organize an Active Status and Avoid Penalties

A business needs to manage its compliance and fillings the return on time to maintain a good brand image. Failing in doing it can lead to a company status default and it will cost the company with high penalties. The company may also be banished from RoC and declared Defunct. It not only affects the company but also the concerned directors as well, they are disqualified from any other future appointments. From July 2018, an additional fee of Rs.100 per day is charged till the date of filing.

Documents Required

  1. PAN Card
  2. Certificate of Incorporation
  3. MoA & AoA of Private Company
  4. Financial Statements
  5. DSC of Director

Process

Select Package

Your journey starts with the package selection. Our team of professionals is here to assist you & solve your doubts accordingly.

Collecting Details and Documents

The team will further collect the necessary details and required documents from you and will decide the due dates of ROC filing.

Draft Preparation

The team will draft the details and documents and attach all the supporting documents as per the requirement.

Application Submission

The team will fill the form AOC-4 and MGT-7 and submit them online. They will also share their acknowledgment with you.

Why Us?

We are here to make everything easy for you. If you have any doubts about how to start with the procedure, we are here to resolve this confusion for you. We will enlighten you about what are the different criteria you must fulfill & what is the best possible way you can do everything smoothly. For convenient Annual Compliance of the Company, we have a team of highly skilled professionals and a large network of people who can assist you with every service that you will need.

FAQ

What will the gains of the company’s annual compliance be ?
The gains of company annual compliances include –  Attract investors  Ensures the company’s credibility  Avoid penalties and maintain the active status of a company
What is the checklist for annual compliance for private companies ?
The checklist for annual compliance for private companies includes –  Filing of tax audit report  Monthly GST returns  Quarterly TDS returns  Filing of ITR  Regularly evaluating and paying advance tax  Non-registrar with compliance with regular returns  A mandatory payment of GST liability, TDS, and TCS is required regularly..
How should the change or spread of shares of the company be stated to the MCA ?
Such inkling can be done by filing MGT-7.
What form can be used as an attachment to the company director report?
MGT-9 can be used as an attachment to the company director report. It is an extraction of MGT-7.
What MGT-9 form address?
MGT-9 addresses various things including shareholding patterns, registration, penalties, compensation of managing directors, indebtedness, principal business exercise, and many other things of a company.
To fill the assignment of the statutory auditor which form is needed?
Form ADT-1 will be filed for the assignment of the statutory auditor.