Annual Compliance for Company – Ensure Seamless Legal Standing for Your Business

Maintaining Annual Compliance for Company is not just a legal requirement but a necessity for every private limited company, OPC (One Person Company), or LLP in India to avoid penalties and maintain credibility. Annual Compliance for Company ensures that your organization is aligned with the statutory regulations laid down by the Ministry of Corporate Affairs (MCA), Income Tax Department, and other regulatory bodies.

Whether you are a startup or a well-established company, our expert assistance can help you fulfill all your Annual Compliance for Company needs, right from ROC filing to financial statements and tax returns.

 

✅ What is Annual Compliance for Company?

Annual Compliance for Company refers to a set of mandatory filings and disclosures that every registered company must file with the Registrar of Companies (ROC), Income Tax Department, and other authorities to keep the company active and penalty-free.

These compliances typically include:

• ROC Filings

• Filing of Financial Statements

• Filing of Annual Returns

• Board and General Meetings documentation

• Income Tax Return

• Maintenance of statutory registers

• Audit Reports, if applicable

 

📄 List of Documents Required for Annual Compliance for Company

To file your Annual Compliance for Company, you’ll need the following documents:

1. Certificate of Incorporation

2. PAN Card of the Company

3. Memorandum of Association (MoA) & Articles of Association (AoA)

4. DSC (Digital Signature Certificate) of Directors

5. Financial Statements – Balance Sheet, Profit & Loss Account

6. Auditor’s Report

7. Board Meeting Minutes

8. Annual General Meeting (AGM) Minutes

9. Statutory Registers (Shareholders, Directors, Loans, etc.)

10. Bank statements and financial ledgers

11. Details of Shareholding structure

12. Income Tax Return Acknowledgement

13. DIR-3 KYC (for each director)

14. Auditor Appointment letter (ADT-1)

 

🔁 Process of Annual Compliance for Company

The Annual Compliance for Company process involves the following key steps:

1. Preparation of Financial Statements

• Preparation of Balance Sheet, Profit and Loss, and cash flow statements.

• These must be audited by a certified Chartered Accountant.

2. Conduct Board Meeting

• To approve the financials and authorize the Annual General Meeting (AGM).

3. Conduct Annual General Meeting (AGM)

• For Private Limited Companies, AGM must be conducted within six months from the end of the financial year.

4. ROC Annual Filings

• Form AOC-4: Filing of Financial Statements.

• Form MGT-7: Filing of Annual Return.

• Form MGT-9: Extract of the annual return to be attached to the Board’s Report.

• Form ADT-1: Appointment/Reappointment of Auditor.

5. Filing of Income Tax Return

• File ITR-6 or other applicable ITR based on the company type.

6. DIR-3 KYC

• KYC of Directors must be filed annually.

7. Maintenance of Registers & Records

• Statutory books and registers must be updated.

 

📌 Importance of Annual Compliance for Company

• Avoid hefty penalties and disqualification of directors.

• Enhance the credibility and trustworthiness of your business.

• Required for funding, tenders, and partnerships.

• Helps in smooth due diligence during investment or merger.

• Legal status of the company remains intact.

 

❓ Frequently Asked Questions (FAQs)

1. What is the due date for ROC annual filing for a private limited company?

The due date for Form AOC-4 is within 30 days of AGM, and for MGT-7 it is within 60 days.

2. Is audit mandatory for all companies?

Yes, every company must get their accounts audited annually under the Companies Act, 2013.

3. What happens if a company fails to file annual compliance?

Failure to file Annual Compliance for Company results in penalties, late fees, and disqualification of directors.

4. Can a company be struck off for non-compliance?

Yes, if the company fails to file for two consecutive years, the ROC can initiate strike-off.

5. Are there different compliances for OPC and LLP?

Yes, Annual Compliance for Company differs slightly based on the company type – OPC, Private Limited, or LLP.

6. Is Annual General Meeting (AGM) mandatory for all companies?

AGM is mandatory for Private Limited Companies but not for One Person Companies (OPCs).

7. Do startups need to follow annual compliance too?

Yes, all registered companies, including startups, are required to follow Annual Compliance for Company.

8. What are the penalties for late filing of ROC returns?

Late filing attracts a penalty of ₹100 per day per form until the date of actual filing.

9. Who can help me with annual compliance?

Professional firms or company secretaries and chartered accountants help you fulfill Annual Compliance for Company.

10. Can annual compliance be done online?

Yes, all ROC and ITR filings are done online through MCA and Income Tax portals.

11. Is DIR-3 KYC necessary for all directors?

Yes, every director with a DIN is required to file DIR-3 KYC every financial year.

12. What is the cost involved in Annual Compliance for Company?

Cost varies depending on company size and service provider, but it typically starts from ₹7,000 onwards.

13. What is ADT-1?

ADT-1 is a form filed to intimate the ROC about the appointment or reappointment of the company auditor.

14. Is it necessary to appoint a company secretary?

For companies with a paid-up capital of ₹10 crore or more, it is mandatory to appoint a company secretary.

15. How can I check my company’s compliance status?

You can check the status of your company filings on the MCA portal.

 

📞 Get Expert Help for Annual Compliance for Company

Don’t risk legal trouble or penalties due to missed deadlines or incorrect filings. Let our team handle your Annual Compliance for Company with 100% accuracy and professionalism.

✅ Transparent Pricing
✅ Timely Reminders
✅ Full Support on ROC, ITR, and other filings
✅ MCA Portal Expertise

Contact us now to book your Annual Compliance for Company package and keep your business worry-free all year round.