Annual Compliance for Private Limited Company

You Can Now file the Annual Compliance At Just 6,999 (All Inclusive)* Offer valid for a limited time period only.

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

GET STARTED

Annual Compliance of PVT LTD - An Overview

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.

How to Register

  • Step 1: Annual Returns Filing: We will help you to file the Annual returns & made the board meeting with a little time.
  • Step 2: Certificate issue: Share certificate will be given, then update the legal registrar.
  • Step 3: Drafting & Filing: we help to file the director's revelation to the registrar.

Process of Filing of Annual compliance

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.

Facility to meet the Board of Directors

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.

Preparation of Minutes of Meeting

Each & every company should File the Minutes of Meeting. It shall be preserved permanently to add value if any dispute.

Share Certificate Issuance

Within the 60 days of Incorporation, the company shall give the Share Certificate to the subscriber of Memorandum.

Filing of revelation of directors Interest & Disqualification of Declaration

While the first board meeting, All directors need to submit the revelation about their interest in other business firms.

Filing declaration of Business Commencement with ROC

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.

Annual General Meeting (AGM) Facility

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.

e-filing with ROC

Annual Return companies should be e-filing with ROC with 60 days of the finish of the AGM.

Quarterly Compliance

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.

Legal Registration

The GST, PF, ESI, IEC, etc., are the statutory registration should be done that.

Advantages of Filing Annual Compliances

  • Increase the operation of the company
  • Larger employee retentiveness
  • Information governance is good
  • Encourage best practice

Annual Compliance with our Next Level Audit

The benefits from the Next Level Audit, here we have the well-experienced agents, they help you to know the amendments being made to the rules & regulations. Our Compliance & Accounting team members will help in the whole process quickly.

WHAT INCLUDES IN THIS PACKAGE?

  • Verification of Documents
  • Preparation of Annual Statements
  • Board Report
  • Filing & Submitting annual documents

FREE CONSULTATION

Have Queries? Talk to our expert
Request to callback

FAQS on Annual Compliance of Private Limited Company

Yes, Every company of the transaction differs in the numbers would get the compliance filing done. It is a simple process.

As per the Companies Act, the private Limited Company should have a minimum of 2 directors & a maximum of 15 directors. If it was exceeded, should file MTGT-14 Form & give the SRN.

Annual Returns and Balance sheet has to be filed yearly once. If there is Return of allotment should file Form 3 and to change the registered office should file Form INC 22, and to change of directors should file Form no DIR 12.

The Annual General Meeting was conducted in a registered office, which is it was situated in that. The AGM will be conducted in the working hours (9 am to 6 pm) on any day, except for the government holidays.

Yes, the Board of Directors can appoint the alternate directors of the company. But they are not working in the same post in other companies.

According to the Companies Act, 2013 under section 134 of the rules & regulations are a company has to pay the fine between Rs. 50,000 to 25,00,000 and also the director shall have imprisonment for the 3 years and the penalty up to of Rs. 500000 or both.

Depends upon the companies Act 2013, the Board Meetings shall be conducted outside the country. If the directors can discuss with the conference video call, other Audiovisual elements, provided the prior notification. The Minute of Proceeding is duly recorded for some purpose. In the video conferencing call, some of the matters were restricted under the Act.

Directors should physically present a minimum of one board meeting once a year. If the absence of the original director can appoint an alternative person for the meeting. If the director is absent at every board meeting, you can vacate the office of directorship of the company.

Yes, one person can possess the Managing Director for two companies at the same time.

ONLINE EASE LOCAL REACH

We utilise a mix of technology and human touch to deliver quality business services, at scale across india.

Our Clients 0 Million
Services Area 0 Thousand
Registrations0 Peoples

LATEST NEWS

Streamlining different processes and workflows by using user access control Onebook prompts efficiency and productivity levels of an organization, and reduces operating costs.

OUR BANKING PARTNERS