How to ROC Annual Filing of Company in India

How to ROC Annual Filing of Company in India


How to ROC Annual Filing of Company in India: In India, it's mandatory for every establishment to get approval from the Registrar of Companies before starting its business. Once the business gets approved by ROC, it needs to file its statutory compliances on time. 

The ROC Annual Filing of the Company is one of the most important statutory compliances. In case of any delay, it will lead to penalties and other legal issues that can affect the business operations. As per the Companies Act, every company must file its audited financial statements and annual returns with ROC each year. This includes private limited, one person company and Section 8 companies. 

The filing of these documents is a compulsion and must be done within 30 days and 60 days respectively after the annual general meeting date. The statutory forms that must be filed with the ROC are: Form AOC 4 and Form MGT 7. The former contains details and annexures of the company's balance sheet, profit and loss account, and other information while the latter includes the compliance certificate, registered office address, register of members, directors, changes in directorship, details of shares, debt, etc. The ROC also requires a board resolution for filing these documents.

The ROC Annual Filing process is crucial for all types of companies, but it's particularly important for Section 8 companies. These non-profit organisations are set up under the Companies Act and aim to promote trade, commerce, charity, education, research in sports, religion, social welfare, etc.

Tel:+917299972500

info@filingpoint.com


Comments

Post a Comment

Popular posts from this blog

Company Registration in Nungambakkam - Filingpoint

Image
Call our Filingpoint Online Company Registration Expert +91 72999 72500 Filingpoint   Company Registration in Nungambakkam is a critical step for entrepreneurs who want to start a business in one of India's most thriving cities. However, it's crucial to have full knowledge of the benefits, types of companies, and registration process to ensure smooth and error-free execution. Benefits of Company Registration in Nungambakkam The most important reason for registering a business is to have a distinct legal entity which is separate from its promoters, shareholders or members. This protects the personal assets of the members in case of any financial liabilities. Another benefit of a registered company is the ability to raise funds through public offering and also provides tax advantages. Besides, a private limited company provides higher credibility for businesses and helps in attracting better manpower. Additionally, it is easy to expand the operation...
Read more

IE Code Registration in Kodambakkam - Filingpoint

Image
Welcome to Filingpoint Online IE Code Registration Expert +91 72999 72500 Filingpoint   IE Code is an inevitable 10-digit code for anyone involved in the import and export of goods or services in India. It is issued by DGFT and comes with a lifetime validity. Importers and exporters cannot continue business without this code and they can't avail benefits from DGFT or Customs for their import/export business. It is also required by the banks for money transfer abroad. The IE Code registration can be done online and the documents needed are: Getting an IE code opens up international markets and allows you to take your business to the next level. It also helps you in making your business more credible and trustworthy. You can register for an IE code as a sole proprietorship, partnership firm, limited liability company (LLC), trust, HUF, or society. The process is entirely online and the documents required are simple to submit. The advantage of an IE Code...
Read more

LLP Formation: Common Pitfalls to Avoid for First-Time Entrepreneurs

Image
Call our filingpoint experts at +91 72999 72500 or visit https://filingpoint.com Introduction: When venturing into the entrepreneurial realm, forming a Limited Liability Partnership (LLP) can be an appealing choice due to its flexibility and liability protection. However, for first-time entrepreneurs, the LLP formation process can be fraught with pitfalls. Filingpoint experts will provide consulting about LLP formation and startup. Let’s go to discuss about “LLP Formation: Common Pitfalls to Avoid for First-Time Entrepreneurs”.   Here are common missteps to avoid:   Incomplete Understanding of LLP Structure: §   Many first-timers dive into LLP formation without a comprehensive understanding of its structure and legal obligations. It's crucial to grasp the roles and responsibilities of partners, compliance requirements, and tax implications.   Choosing the Wrong Partners: §   Selecting the right partners is paramount. Rushing into partnership...
Read more