Annual Compliance Services for Private Limited Company
Real-Time Compliance Support with a Dedicated Manager View Package
Expert CA Assistance for filing Director’s Report, AGM resolutions, and statutory records
10 Lakhs+
Compliance Filed
5 Lakhs+
Happy Customers
How it works?
Purchase a plan
Select the suitable plan for your specific needs
Dedicated account manager assigned
Our experts handle all your compliance filings for you
Stay 100% compliant
Count on our experts to meet deadlines & keep your business compliant!
Right plan for your business
Feature | Essential Compliance Ideal for handling only the mandatory annual compliance ₹9,999 30% off ₹6,999 onwards | Recommended Complete Financial Care Ideal for handling the mandatory annual compliance + GST compliance ₹19,999 25% off ₹14,999 onwards |
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AOC-4 Filing | ||
MGT-7 Filing | ||
ADT-1 Filing | ||
DIR-3 KYC (for 2 Directors) | ||
Accounting & Bookkeeping | - | Up to 50 transactions |
Financial Statement Preparation | - | |
Income Tax Filing (turnover up to ₹5 Lakhs) | - | |
Government Fees | Charged Separately | Charged Separately |
Please note: Additional government and affiliate fees (if applicable) will be collected during compliance filing by our experts.
Annual Filing of Company - An Overview
Annual filing is a mandatory compliance requirement for all registered companies under the Companies Act, 2013. It involves submitting essential financial and operational details to the Registrar of Companies (ROC) to maintain transparency and legal standing.
Checklist for Annual Filing
Preparation of Financial Statements: Including Balance Sheet and Profit & Loss Account.
Filing of AOC-4: Submission of financial statements to the ROC.
Filing of MGT-7: Annual return filing detailing shareholding and directorship information.
Filing of ADT-1: Declaration of the appointment or reappointment of auditors.
Compliance with AGM Requirements: Submission of minutes and resolutions passed during the AGM.
Documents Required for Annual Filing
Audited financial statements (Balance Sheet, P&L Account).
Board Report and Auditor’s Report.
Details of shareholders and directors.
AGM minutes and resolutions.
Proof of transactions and bank statements.
Annual Compliance for Private Limited Company
Similar to other businesses, the annual compliance of private limited companies should be taken seriously. All the company compliances should be filed on or before the due date. Here are some of the private limited company compliances that you should not miss.
1. Business Commencement Certificate
As a part of the annual compliance for private limited companies, it is mandatory to have a business commencement certificate within 180 days of company incorporation. This applies to companies registered after November 2019 and having a share capital.
Penalty for not following this annual compliance: If you fail to procure the certificate of commencement, the company will be subjected to a penalty of ₹50000 and the director should pay ₹1000 for each default day.
2. Appointing an Auditor
Within 30 days of incorporation, an auditor must be appointed as per the ROC compliance. The annual filing of a company should include all of this information.
Penalty for not following this annual compliance: Breaching this private limited company compliance results in a fine of ₹300 per month. Subsequently, the company will not be allowed to conduct business until they appoint an auditor.
3. Filing ITR returns
For private limited companies, this annual compliance is crucial. Every year the income tax returns have to be filed on or before the due date.
4. Submitting MCA Form AOC-4
Private limited companies must submit form AOC 4 to the MCA to adhere to the annual compliance. This has to be completed on or before 13 November.
Penalty for not following this annual compliance: Failure to file this form will result in a penalty of ₹200 per day of default.
5. Filing MCA Form MGT-7
Private limited companies must submit form AOC 4 to the MCA to adhere to the annual compliance. This has to be completed on or before 13 November.
Penalty for not following this annual compliance: Failure to file this form will result in a penalty of ₹200 per day of default.
6. Filing for DINeKYC.
As per the ROC compliance, every private limited company should have a director. To perform all the tasks without difficulty, a Director Identification Number (DIN) is required. The director of the company should file DIN eKYC within the speculated period.
7. Hold Annual General Meetings (AGM)
This is crucial for annual compliance for private limited companies. During the annual filing of companies, all information about the AGM should be provided. It is required to hold an AGM within six months of the end of the fiscal year by ROC compliance.
8. Directors Report
Private company compliance involves providing director reports on time with the ROC and MCA. All the information should be submitted without fail as per Section 134.
Other Annual Compliances for Companies
Apart from the above mentioned company compliances the following should also be completed from time to time.
GST returns, monthly, quarterly, and annual
Periodic TDS Return Filing
Calculation of the tax liability in advance
Income tax return filing
Report of tax audit filed
Submitting semi-annual easy returns
Submitting PF returns
Professional tax return filing
Regulation evaluation and reporting by various laws (Eg. Environment and Protection Act, Competition Act, Factory Act, etc.)
How Vakilsearch Can Help in Annual compliance
Accounting
After each fiscal year, all businesses are required to maintain accounts and prepare financial statements. Our compliance manager will assist your company with account maintenance and will create your company's financial statement at the end of the fiscal year.
Services for Secretaries
Each financial year, businesses must hold a minimum of four board meetings, an annual general meeting, a director's report, and an annual report. You will receive assistance from our compliance manager in creating all secretarial reports and board meeting minutes.
Filing of MCA Annual Return
The annual general meeting of a company shall be held within six months after the end of the fiscal year. An MCA annual return must also be submitted by 30 September at the latest. The MCA annual return for your business will be prepared and filed by our compliance manager.
Filing Income Tax Returns
Regardless of income, profit, or loss, a company must file an income tax return. As a result, even inactive businesses that have no transactions must file an income tax return each year. All the paperwork will be created by our compliance manager, along with the income tax return for your business.