Annual Compliance Service for Private Limited Companies

Managing a private limited company in India requires adherence to annual compliance mandates under the Companies Act, 2013. Ensuring timely and accurate compliance not only helps avoid penalties but also strengthens your company's reputation and operational integrity.

Mandatory Filings

1. Annual Return (Form MGT-7): Filing company details, shareholders, and management annually.

2. Financial Statements (Form AOC-4): Submission of the audited financials.

3. Income Tax Returns: Filing income tax returns within the prescribed deadline.

4. DIR-3 KYC: Director’s KYC verification.

5. Board and General Meetings: Maintaining records of meetings and resolutions.

Penalties for Non-Filing

• Company Penalty: ₹50,000 to ₹5,00,000 depending on the violation.

• Director Penalty: ₹50 per day of default, which can lead to disqualification for non-compliance.

• Additional Penalties: Late fees starting from ₹100 per day for MCA filings.

Benefits of Compliance

1. Avoid Legal Complications: Timely filings protect your company from legal scrutiny and penalties.

2. Enhanced Credibility: Compliance fosters trust among investors, clients, and financial institutions.

3. Business Growth: Smooth business operations with no hindrances due to legal irregularities.

4. Access to Funding: Easier access to loans and investments with a clean compliance record.

Partner with us to ensure your private limited company remains compliant, penalty-free, and well-positioned for growth. Let’s secure your business future together!