Each private limited company in India has to file the annual return with ROC (Registrar of Companies). The Annual General meeting must be held once a year after 6 months from the end of financial year, but for newly incorporated Companies, the Annual General Meeting should be held within 18 months from the date of incorporation or 9 months from the date of closing of the financial year, whichever is earlier. Financial year 2018-19 starts from 1st of April 2018 and ends on 31st March 2019. Every Private Limited Company must file income tax returns declaring the income earned during this period by July 31, 2019. Private Limited Company Annual compliance consists of below activities.
Maintain Accounts and Prepare financial statements: - Mandatory at the end of each financial year
Annual returns: - Once a year before 30th September. Annual return consists of the information and documents that include
It’s mandatory for all private limited companies to file annual compliance and other tax-related returns. Failing which will lead to heavy penalties or your Company in the Defaulter list of ROC – Next step is to understand various implications.
Connect to Corpseed team
Provide necessary documents required for compliance & other filing activities.
Our compliance expert will help your private limited company to complete all annual and other mandatory compliances.
Step 1: - Corpseed received your request for Private Limited Company compliance
Step 2: - We will assign a dedicated resource who is professionally skilled in company compliance. The allotted resource will help you to maintain the compliance for your Private Limited Company. You can get in touch with the assigned resource at any point of time for consultation and assistance regarding compliance throughout your journey with Corpseed.
Step 3: - Our resource will help your Private Limited Company to maintain accounts and prepare the financial statement for each year.
Step 4: - Our resource will collect all the required documents/information and will complete all below mentioned compliance activities for your Private Limited Company.
Step 5: - Our resource will collect all the required documents/information and file your Private Limited Company income tax return with ROC (Registrar of Companies) along with the mandatory documents after getting final confirmation from your finance team if required.
Step 6: - Our resource will help your Private Limited Company in accounts audit.
Step 7: - Our resource will draft minutes of meetings, notices and will also maintain the statutory register.
Step 8: - Above 7 steps completes your Private Limited Company compliance under Companies Act 2013.
Annual Filing, Disclosure by Directors, Drafting of Annual return, Minutes, notices, Maintain Accounts and Prepare financial statements, Annual returns, Annual General Meeting, Board meetings, Director reports, Annual Filing of Forms, Yearly Forms by Directors and updating the Statutory Register.
Corporate compliance are a set off checks set by MCA and the company act 2013 to have an eye on company’s financial as well as operational activities.
Ministry of Corporate Affairs (MCA) & The Company Act 2013
Yes. Heavy penalties are there in case of delay in annual filling.
Download free legal guide on how to successfully start and manage business in India & achieve 100% compliance.
National Scholarships Portal is 1 entry point for enabling many different services such as processing, sanctioning and disbursal of student program and application receipt of different scholarships t
Credit rating is assessment of credit evaluation of a borrower or of a business or of an instrument of a business on relevant factor indicating ability to pay the debt in general term
A society is a combination of several individuals and united using a mutual consent to deliberate, govern and act co-operatively for some social purpose
Direct selling refers to selling product directly to the consumers in non-retail environment Sales occur at home, work or other non-store location
Alternative investment funds means funds established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated investors
MCA on part of updating its registry, would be conducting KYC of all Directors of all companies and annually through a new e-form viz. DIR-3 KYC as notified vide MCA’s notification
Hi there, Talk To Expert