Annual Compliance Filing for Private Limited Company in India

Like other types of companies, a private limited company is also essentially required to make compliances with the regulatory requirements of the Companies Act of 2013, and other applicable laws, in order to remain legally perfect and secure. These compliances inevitably cover all roc return filings for a pvt ltd company, and with income tax department. To help the private limited companies in entire India, informed on this webpage are the annual compliance filings for private limited company under companies act 2013, applicable to all private limited companies of India regardless of the economic field, annual turnover, or size of business/service.

Expert, efficient, timely, and reasonably-charged services for compliances are an ancillary service of our Delhi-based full-service law firm of India. These compliance filing services are available for all types of companies located in India. Also, the gamut of our compliance filing services for every type of company encompasses the annual, periodic, and various event-based compliances. On this particular webpage, informed only are the annual corporate filings for a private limited company in india, separately under the section below. Here, it may also be just mentioned that, the Companies Act of 2013 has strict and rigorous provisions of fines, penalties, and imprisonment to treat the cases of non-compliance or delayed compliances with the prescribed regulatory authorities.

Mandatory Compliances for a Private Limited Company in India

In general, as far as the mandatory annual compliances of a private limited company located in India are concerned, the following are the main and most important compliances:

• Annual Return in Form MGT-7: Containing current or updated information about the directors and shareholders of the private limited company, this Form is to be filed with relevant ROC within Sixty days from the date of Annual General Meeting (AGM). In case, the paid-up capital of the private limited company gets more than Rs. Ten Crore, or its annual turnover becomes more than Rs. Fifty Crore, then, there will arise the requirement of filing the Form MGT-8 also.
• Financial Statements in Form AOC-4: This is to be filed with the concerned ROC within Thirty days from the date of AGM of the company. As per the new provisions given in Companies Act of 2013, this will contain the Balance Sheet, Profit and Loss Account, Directors’ Report, and the Consolidated Financial Statement.
• Income Tax Returns: This is to be filed with the Income Tax Department, on or before 30th September of the following financial year. Again, tax-audit will be necessary if the annual turnover of the private limited company becomes more than Rs. One Crore.
• Event-Based Annual Compliances: These may relate with internal company administration, external business management, or any sudden or contingent activities.
• Various Annual Compliances under other Laws applicable: These may relate to Corporate and Commercial laws, GST Act, Labor & Employment Laws, Intellectual Property Laws, Excise and Custom, PF and ESI Regulations, Environmental Laws, etc.

How Global Jurix Help for Annual Compliance Filing for your Pvt. Ltd. Company?

New or interested Private Limited Companies located in India, may avail our proficient and reasonably-charged compliance filing services, just through ringing over: +91-81303-00046; or sending their queries or requests at: companies@Globaljurix.com