ROC Annual Compliances in Chennai - Filingpoint


Welcome to Filingpoint Online ROC Annual Compliances Expert +91 72999 72500

Filingpoint ROC Annual Compliances in Chennai is the process of complying with company laws and regulations on a regular basis. It includes filing various documents with the Registrar of Companies on an annual basis such as Financial Statements, Annual Returns etc. ROC is the official government agency responsible for registration and regulation of companies in India. They also maintain a database of information concerning registered companies and allow the general public to access this information on payment of a specified fee.

Public limited companies are obligated to submit several forms and declarations to the ROC on an annual basis. These include annual returns, audit reports, directors report and financial statements. Failure to file these on time can result in fines and legal complications. Public companies should be mindful of upcoming changes to regulations and ensure that their internal processes and procedures are up to date. This can be done through a number of ways including legal consultations and establishing cross-departmental filing teams to improve communication.

Private limited companies are obligated to file certain types of ROC forms on an event-based basis. These events can include loans given to other companies, change in directorships, transfer of shares, opening or closing bank accounts and more. These events are required to be reported to the ROC so that the company can remain in good standing with the ROC.

Continual failure to meet ROC formalities can lead to removal of company name from the ROC records and disqualification of directors. It is therefore critical for companies to outsource their ROC requirements to experienced virtual CFOs who can be relied upon to provide quality services and complete all compliance tasks on time. iMaster offers end-to-end ROC services based on the specific needs of your business.

Contact Filingpoint ROC Annual Compliances Expert +91 72999 72500

 

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