ROC Compliances
Starting at INR 3999 onwards
ROC Compliances
The Companies Act requires every registered Private Limited Company to file their annual returns and their financial statements irrespective of their transactions or their business status.Non-filing of their annual returns along with late fees may attract a penalty of not less than Rs. 50,000/- but which may extend to Rs.5,00,000/
Similarly, non-filing of financial statements along with late fees may attract a penalty of Rs 1000/- every day during which failure continues but maximum fine may be Rs 10,00,000/- from the Ministry of Corporate Affairs.
The associated directors may along with heavy penalties face imprisonment up to six months.
LLP Annual Returns
Every Limited Liability Partnership (LLP) (LLP) should file their returns periodically for maintaining compliance and avoid a heavy penalty under law for being non-compliant. A Limited Liability Partnership (LLP) has only less compliance to follow as compared to other types of company registration like Private Limited, One Person Company etc. However, the penalty seems to be much more in Limited Liability Partnership (LLP) than other business forms. Being non-compliant may cost you a fine of around 1 lakh in a private limited while in Limited Liability Partnership (LLP), it can go up to 5 lakhs.
OPC Annual Returns
As per the Ministry of Corporate Affairs, all the One Person Companies registered in India must file MCA Annual Return each year. For newly incorporated Companies, the Annual General Meeting can 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. Subsequent Annual General Meeting should be conducted within 6 months from the end of that financial year. In India, the financial year starts from April 1st and end on March 31st, so a Company’s Annual return would be due on September 30th.
Pvt Ltd Annual Returns
As per the Ministry of Corporate Affairs, all the Private Limited Companies registered in India must file MCA Annual Return each year. For newly incorporated Companies, the Annual General Meeting can 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. Subsequent Annual General Meeting should be conducted within 6 months from the end of that financial year. In India, the financial year starts from April 1st and end on March 31st, so a Company’s Annual return would be due on September 30th.