The Annual Compliance for Private Limited Company is used to fulfill the Private Limited Company of the compliance requirements. It can be made electronically online
Private Limited Companies in India are governed by the MCA (Ministry Of Corporate Affairs) as per the Companies Act 2013. The Ease Of Doing Business (EODB) now initiates the SPICe + notification to the MCA. According to that now all the annual compliance will be done online for ease. It has two parts, which are Part A & Part B. The PART B having the Incorporation process & other services(Annual filings, Trademark registration, etc). The Annual Compliance for Private Limited Company is used to fulfill the Private Limited Company of the compliance requirements. It can be made electronically online, it is the better way for compliance. Depends upon the Companies Act, every company, post-incorporation has to satisfies the mandatory legal responsibility. The compliance need/requirement is available on various due dates for each business. So it is a little hard with that process. According to the Annual Compliance of the Private Limited Company, due dates should make the Filing process. If you miss your due dates, should pay the penalty, it will be up to 1 lakh Rupees and also the company or directors are blocked for a certain period. The company should maintain the Annual Returns, which means public records. you should report all the details about your company in the annual returns, then it should present in the company register. Which process should be done every year regularly.
Here we have listed the annual compliance of the company, these all are fulfilled by our experienced Agents. The Chartered Accountants, Accounting & Taxation professionals and also the company secretary will take care of the compliance. Our team will help you to finish your compliance requirements depends upon the Ministry of Corporate Affairs.
The first meeting with Board Directors is done within 30 days from the incorporation of the business. After the first meeting, you have a meeting 4 times a year, which means every quarter of the year. Each consecutive meetings should be done in more than 120 days gap.
Each & every company should File the Minutes of Meeting. It shall be preserved permanently to add value if any dispute.
Within the 60 days of Incorporation, the company shall give the Share Certificate to the subscriber of Memorandum.
While the first board meeting, All directors need to submit the revelation about their interest in other business firms.
The Filing declaration process was completed on the company registration. Within the 180 days from the date of incorporation, compulsory fill the FORM INC 20A.
The company mandatorily conducts the one Annual General Meeting (AGM) for each year. The first AGM should be conducted within 9 months from the date of closing the financial year of the company. For other cases should conduct within 6 months from the date of closing of the financial year.
Annual Return companies should be e-filing with ROC with 60 days of the finish of the AGM.
Each & every company should conduct quarterly compliance, which means four meetings with the Board Of Directors. The minimum of one board meeting should conduct within one calendar year.
The GST, PF, ESI, IEC, etc., are the statutory registration should be done that.
We utilise a mix of technology and human touch to deliver quality business services, at scale across india.
Streamlining different processes and workflows by using user access control Onebook prompts efficiency and productivity levels of an organization, and reduces operating costs.