658-593-8295
DumDum, Kolkata,
PIN:- 700028
92295 82295
praharfiling@gmail.com
As a fellow small business owner, we know the fulfillment that an a comes from running your own business contact to Financy.
Every registered company in India, whether it's a private limited, public limited, or one-person company (OPC), must meet certain annual compliance requirements. These rules ensure that companies follow the guidelines set by government bodies like the Ministry of Corporate Affairs (MCA) and the Income Tax Department.
Maintaining annual compliance is crucial for companies to:
Below are the major annual compliance requirements for companies registered under the Companies Act, 2013:
| Compliance | Applicability | Timeline |
|---|---|---|
| Filing of Declaration for Commencement of Business (Form INC-20A) | All companies incorporated after 2nd November 2018 | Within 180 days of incorporation |
| Holding of Board Meetings | All companies | At least 4 times a year with not more than 120 days between two consecutive meetings |
| Director KYC (Form DIR-3 KYC) | Every person with a Director Identification Number (DIN) | Before September 30 each year |
| Filing of Changes in Directors (Form DIR-12) | All companies | Within 30 days of change |
| Appointment/Reappointment of Auditor (Form ADT-1) | All companies | Within 15 days of the AGM |
| Statutory Audit of Accounts | All companies | Annually before the AGM |
| Annual General Meeting (AGM) | All companies, except OPCs | Within 6 months of the end of the financial year (before September 30) |
| Directors' Report | All companies | Submitted with financial statements before the AGM |
| Filing of Financial Statements (Form AOC-4) | All companies | Within 30 days of the AGM |
| Filing of Annual Return (Form MGT-7/7A) | All companies | Within 60 days of the AGM |
| Filing of Deposits Return (Form DPT-3) | All companies (other than government companies) | Annually by June 30 |
| Income Tax Return (ITR) Filing | All companies | File by September 30 (if audit is required) |
| Filing of Board Resolutions (Form MGT-14) | Public limited companies | Within 30 days of passing a board resolution |
| Maintenance of Statutory Registers & Books of Accounts | All companies | Throughout the financial year |
Common examples of such events:
For all these events, it is important to file the appropriate forms with the ROC within the required timeframe. Timely compliance is crucial to avoid additional costs or legal issues.
Staying up to date with annual compliance is vital for any company to avoid penalties and keep business operations running smoothly. Filing the right forms, holding necessary meetings, and maintaining financial records are key to staying compliant. Companies that meet these requirements are seen as more trustworthy by investors and stakeholders.
If you need help with annual compliance or other filings, contact Prahar Filing & Advisory for expert assistance to ensure your company follows all the rules and regulations.
DumDum, Kolkata,
PIN:- 700028
92295 82295
praharfiling@gmail.com
As a fellow small business owner, we know the fulfillment that an a comes from running your own business contact to Financy.
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