All companies registered with Registrar of Companies (ROC) are required to file annual returns with the MCA (Ministry of Corporate Affairs). Companies like Private limited, Public limited, One person company, LLPs, Section 8 company all are required to comply with the provisions of Companies Act.
Companies must conduct Annual General Meeting every year where audited financial statements are adopted by the members of the company, these are required to filed within stipulated time frame. Failing to file return with ROC results in late filing fees/ penalty. Companies making default in filing annual compliances for more than 3 years will be declared as a defunct company and the name of the company will be struck off from the Registrar of Companies.
Annual return consists of financial statements along with Board report, shareholding of members list which needs to be filed on or before 30th September every year.
Annual General Meeting
For newly incorporate company, AGM must be conducted before the expiry of 18 months from its incorporation or 9 months after the end of financial year, whichever is earlier.
Subsequent AGM is to be held within 6 months of closure of financial year.
All the members of the company must be present in the AGM.
Forms to be filed annually in case of:
Private Limited Company/ Public Limited Company/ Section 8 Company/ One Person Company
Form MGT- 7: Annual Return (Shareholding list, MGT-9, MGT-8 annexed)
Form AOC- 4: Financial Statements and other documents (Board Report, Financial Statements, Auditor’s report, other optional attachments)
Form AOC- 4 (XBRL): Filing XBRL documents related to Financial Statements and other documents
Form AOC- 4 (CFS): Filing Consolidated Financial Statements and other documents
Packages on Offering
- Annual return filing, income tax return filing, secretarial services and compliance management for a company with a turnover of less than Rs.10 lakhs per annum.
- Annual return filing, income tax return filing, secretarial services and compliance management for a company with a turnover of less than Rs.50 lakhs per annum.
- Annual return filing, income tax return filing, secretarial services and compliance management for a company with a turnover of less than Rs.100 lakhs per annum.