ANNUAL COMPLIANCES
A specific set of Compliance that a company has to fulfil post-incorporation to commence and continue its operations.
Under the Companies Act 2013, various compliances must be completed every Year.
Annual ROC compliances are detailed reporting of the business procedures that every registered company/LLP in India should submit within the due date prescribed in the Companies Act, 2013 and Companies Rules. The companies/LLP must file the ROC forms with ROC without fail, or else they will have to pay a penalty.
Annual Compliances for Private limited companies includes:-
Private Limited companies are required to comply with several legal and regulatory obligations after their incorporation, including annual compliances under the Companies Act, 2013.
1. Filing of KYC of Directors/ Promoters.
2. Preparation of Annual General Meeting(AGM).
3. Appointment of Auditor's.
4. Filing of Annual Financial Statement of “Roc”.
5. Filing Annual ITR to Income Tax Department.
Annual Compliances for Section-8 companies includes:-
The income tax return filing is an important annual compliance requirement for Section 8 companies. Here's what needs to be done: The income tax return should be filed by September 30th of every financial year.
1. Filing of KYC of Directors/ Promoters.
2. Preparation of Annual General Meeting(AGM).
3. Appointment of Auditor's.
4. Filing of Annual Financial Statement of “Roc”.
5. Filing of AUDIT to Income Tax Department.
6. Filing Annual ITR to Income Tax Department.
Annual Compliances for LLP includes:-
Every Year, an LLP is required to file two ROC Forms, Namely Form LLP 11, Form LLP 8 is an Annual Return of an LLP that needs to be filed within 60 days from the end of a Financial Year.
1. Filing of KYC of Directors/ Promoters.
2. Filing of ROC Return.
3. Filing of Annual Financial Statement of “Roc”.
4. Filing Annual ITR to Income Tax Department.
