ROC Compliance of Private Limited
File Your Companies Annual Compliance before Due date. Avoid Late fees of Rs. 100/- per day
Every Private Limited Company need to file its Annual Return and Income Tax Return every year.
Our CA and CS assist in tax management
Better advice and on time work completion
Dedicated Professional to help in tax saving
Easy and affordable pricing options for startups
What is ROC Compliance of Private Limited?
ROC Compliance of Private Limited refers to the ability or inability to follow orders, rules, or other requests. Private limited companies that have been established in India must comply with the provisions related to annual return filing prescribed under Companies Act, 2013.
The Companies Act, 2013 regulates the appointment, qualification and remuneration of Directors. It also covers other aspects like holding board meetings and shareholder meetings, filing various forms with ROC such as annual return filing, etc.
Annual Return filing is required for every Private Limited Company registered in India. The company must meet the Annual ROC Compliance requirements regardless of its total turnover or capital amount.
Each year, all companies that are registered in India, whether they be a limited company, a Private LimitedCompany, a One-Person Company or Section 8 Company(NGO), must comply with the Income Tax Return and company annual filing. Although Online Company Registration is the most popular way to start a business in India, there are many ROC compliances that must be observed once your business has been Incorporated.
Entrepreneurs may find it difficult to manage the daily operations of the business while adhering to complex compliance for private limited company. It is better to seek the advice of professionals to understand the legal requirements to avoid penalties and fines. We will be looking at the all Annual ROC Compliance that private limited companies must ensure.
What is ROC filing and Compliance for private limited companies need to maintain?
Over the years, Annual Compliance for Pvt Ltd companies have changed dramatically. Below is a summary of private limited company ROC compliance in 2021.
INC 20A(Business Commencement Certificate) must be file in 180 days from its incorporation:
If a company is registered in India after Nov. 2019, and having share capital. Before you can begin any business or exercise the borrowing power, a commencement certificate or business certificate must be obtained. If the person fails to get this certificate within 180 days of incorporation of the Company, he or she will be subject to a Rs. 50,000 penalty or 1000 per day to the directors for every day of default. This is important ROC Compliance of Private Limited.
Auditor Appointment (Within 30-Days):
Every Indian Company must appoint a Statutory Auditor within 30 days after incorporation. Failure to appoint an auditor will result in the company being unable to start business. Penalty of Rs. 300 per month is also levied.
Income Tax Return:
To be eligible for the Financial Year 2020-21, you must file your income tax returns by September 30th 2021.
MCA Form AOC-4:
MCA Form AOC-4 must be filed by registered private limited corporations on or before the 30th November 2021 to cover FY 2020-21. AOC-4 is required to be filed. Failure to do so will result in a Rs. 200 per day or other amount as prescribed in default or delay.
MCA Form MGT-7:
MCA Form MGT-7 must be filed by 31st December 2021 to be eligible for FY 2020-21. Failure to file MGT-7 is punishable by Rs. 200 per day or other amount as prescribed for default or delay.
DIN eKYC:
All directors must be submitted for DIR-3 eKYC. DIR-3 eKYC: Each Director must submit a unique personal phone number and email address. There is a Rs. Failure to file DIN eKYC shall cost you in the form of a penalty is Rs. 5000/- per form. This ROC Compliance of Private Limited shall not be ignored by you.
Annual General Meeting:
An annual general meeting is required for private limited companies. AGMs must be held within six month of the end of the financial year subject to provisions of Companies Act, 2013.
Report from the director:
The Directors report will be prepared with all information required under Section 134.
Deadlines for the Company Annual ROC Compliance and ITR Company filing
The date of incorporation determines the due date for filing the annual returns. compliance for private limited companies have to consider the date of the Annual General Meeting when calculating the due date for various ROC Annual Filings. The newly formed companies (i.e. The Statutory Audit, AGM, and ROC Filing are not required for newly incorporated companies (i.e. between 1 January 2021 and 31 March 2021). Below are the tables that show the due dates Annual Compliance for Pvt Ltd company.
A Company Incorporated Between the 1st Jan and 31st March 2021
| Name of the Filing | Due Date | ||||
|---|---|---|---|---|---|
|
DIR-3 KYC is for all Director |
30th September 2021 |
||||
|
Directors Income Tax Returns (ITR) |
30th September 2021 (Extended). |
||||
A Company Incorporated Between the 1st Jan and 31st March 2021
| Name of the Filing | Due Date | ||||
|---|---|---|---|---|---|
|
DIR-3 KYC is for all Director |
30th September 2021 |
||||
|
Directors Income Tax Returns (ITR) |
30th September 2021 (Extended). |
||||
A Company Incorporated Between the 1st January and 31st December 2020
| Name of the Filing | Due Date | ||||
|---|---|---|---|---|---|
|
DIR-3 KYC is for all Director |
30th September 2021 |
||||
|
Directors Income Tax Returns (ITR) |
30th September 2021 (Extended). |
||||
|
Company ITR |
30th October 2021 |
||||
|
Statutory Audit |
Prior to 1st December 2021 |
||||
|
AGM Prior to |
31st December 2021 |
||||
|
ADT-1 |
14th January 2022 |
||||
|
AOC-4 |
29 January 2022 |
||||
|
MGT-7 |
28th February 2022 |
||||
For Companies Incorporated on or before 31 December 2019.
| Name of the Filing | Due Date | ||||
|---|---|---|---|---|---|
|
DIR-3 KYC is for all Director |
30th September 2021 |
||||
|
Directors Income Tax Returns (ITR) |
30th September 2021 (Extended). |
||||
|
Company ITR |
30th October 2021 |
||||
|
Statutory Audit |
02 Sep 2021 |
||||
|
AGM |
30th September 2021 |
||||
|
ADT-1 |
14 October 2021 |
||||
|
AOC-4 |
29 October 2021 |
||||
|
MGT-7 |
29 November 2021 |
||||
Note- All these dates which are mentioned is for information purpose. There may be clear probability in regards to change of due dates as mentioned above. It is strongly advised to confirm with professionals before relying on it.
Annual return Deadline for One Person Company Annual Return-
One shareholder is the owner of the One Person Company. Therefore, there is no Annual General Meeting for OPC. The even dates are used to determine the due dates for ROC filing or company annual return. OPC is based on the date that OPC was established as per the table below.
OPC Incorporated, 1st Jan - 31 March 2021
| Name of the Filing | Due Date | ||||
|---|---|---|---|---|---|
|
DIR-3 KYC is for all Director |
30th September 2021 |
||||
|
Directors Income Tax Returns (ITR) |
30th September 2021 |
||||
|
Company ITR |
30th October 2021 |
||||
|
AGM & ROC Returns |
Not applicable |
||||
OPC Incorporated before or on 31 December 2020.
| Name of the Filing | Due Date | ||||
|---|---|---|---|---|---|
|
DIR-3 KYC is for all Director |
30th September 2021 |
||||
|
Directors Income Tax Returns (ITR) |
30th September 2021 |
||||
|
Company ITR |
30th October 2021 |
||||
|
Statutory Audit |
Prior to 29 Sep 2021 |
||||
|
ADT-1 |
12 October 2021 |
||||
|
AOC-4 |
27 October 2021 |
||||
|
MGT-7A |
26 Nov 2021 |
||||
Benefits of ROC Annual Filing
Reverse Penalty – It will save you money if you fill out the company annual return on time. It is also important to make your company complaint. ROC compliance is mandatory in nature.
Proper Compliance –By making ROC filing, the company’s compliance can be improved by and it will help in betterment of the company. You should strictly consider roc filing due date, so that roc filing last date can be saved.
Defaulting Status – Companies can keep their status active by roc return filing on time. Becoming a non compliant company makes you disqualified in various aspects. People will not create any kind of interest in your company, if you have not filed the company annual return.
Borrowing Capacity– Companies have better options for borrowing funds. Banks and financial institutions will lend large amounts of financial assistance to companies rather than to partnership firms or proprietary businesses. The Company must make sure compliances are met promptly.
Transparency– Transparency in the company’s operations is ensured by annual compliance for Pvt Ltd company.
What is included in the Annual ROC Compliance Package?
We offer a huge deal to all companies in order to make your company complaint by doing ROC return filing. You will have a dedicated professional to assist you with any questions and help you manage your business throughout the year. You will also find ROC compliance checklists along with ROC filing due date for private limited companies. Also, you can see the ROC due dates. This package includes roc filing for private limited companies support. We offer the package which includes followings:
- Within 30 days of registration of the company, appointment of the first auditor
- Board Meetings, and preparation of minutes
- Within 180 days of registration of the company, file INC-20A.
- Preparation and Filing of attendance sheets for board meetings
- Preparation of Balance Sheets, P & L Accounts and Audit Reports.
- Preparation and Filing of Form AOC-04 (Financials Related Annual Return).
- Preparation and Filing of Form MGT-07 (Management Related Annual Report).
- Monthly/Quarterly/Annual Mandatory Compliance.
- Mandatory Statutory Compliance by Chartered Accountants. (Certificate Holder).
- Mandatory Secretarial Compliance by Company Secretary (Certificate Holder of Practice).
- End to End Business Advisory/Business Support Services by Highly Experienced/Qualified Chartered Accountants & Company Secretary.
- Preparation of minutes of board meetings.
- Preparation of minutes of the AGM
- Income Tax Returns (Company).
- Share Certificate (For All Shareholders)
- Preparation MPB-01 (Disclosure by Directors).
- Preparation of DIR 08 (Disclosure of Non-Disqualification by Directors).
The ROC compliance checklists for private limited companies as well as the ROC due dates are all important guidelines that every company should follow. Contact our CA Services Online panel to get a better understanding of Company Return Filing.
How does ApkaaCA help in finding better services in India?
We at ApkaaCA have best professionals who are helping budding entrepreneurs in various kinds of roc registration, roc return filing, itr company, CA Near Me related services. We are also known as renowned tax professionals as you can find us by searching us as Tax Consultant near me.
FAQs
What is ROC filing?
ROC filing means submission of various information related to a company with the government in prescribed formats, so that the government has up to date records of the company. ROC compliance is mandatory in nature.
Is ROC filing mandatory?
Yes, to file ROC returns are mandatory and no one shall skip this. In case if you skipped the filing of Annual Returns of the company, the government shall levy a heavy penalty on the company.
What is the ROC filing fee?
ROC filing fees depend upon type of company and nature of transaction. Government has prescribed some government fees for such forms which are to be filed with MCA. Apart from such government fees, there is also the applicability of some professionals also
What is the due date for ROC filing?
There are various kinds of roc due dates, as we need to file various forms with MCA having different due dates, to get a clear idea about the due dates, please check the above mentioned charts.
How to do roc filing for private limited companies?
For making compliance for private limited companies, please connect with our professionals, they will assist you in your roc compliance.
Featured Services
Our Happy Clients!
Got a chance to be a part of their portfolio. I must say their services are super fast and far better professional. They support you with everything from starting your project till your project got completed. Super happy with their services, team and their response for all queries.
Mohit Verma
I would like to thank Team. They are managing our whole business starting from registration to its filing and monthly other compliances. They are giving very good service in market as compare to other service provider. Thank you Team.
Vidhu Shekhar
It’s always great to work and get Associated with them as they help there clients not for Business, but they genuinely involve into the things like a Member of our family and make sure that the work gets done on TAT. All in all one of the best Team to work with. Keep it up Team.
Sumit Das
Great effort put by Team for getting my company registered along with other mandatory registration required in industry. Highly recommended platform consist with experienced chartered Accountants, Company Secretary and others.