Annual ROC Compliances are the detailed reporting of business procedures that every registered business unit operating in India should submit within deadline. It’s a major task for the eligible commercial entity. To make it easy for you, we’ve our reliable and affordable Annual ROC Compliances Package. It’s a guaranteed timely service to keep you secured and legally valid in conducting your business activities. Go through its details and know how it works THE BEST.
Annual ROC Filing Compliances
Benefits Of Roc Filing Compliance
Annual ROC Compliances in India – An Overview
Companies and LLPs that are running in India with registration issued under the regulation of Companies Act, 2013 and Limited Liability Partnership Act, 2008, are to compulsorily follow a set of annual submission/declaration filing procedure with ROC (Registrar of Companies) in prescribed deadline, failing the obligation may lead to penal charges as per the rule put in place in India. Apart from that, companies and LLPs are to submit their IT Return on time irrespective of any income, profit or loss faced by the entity. Registrar of Companies (ROC) is the regulatory body working under Ministry of Corporate Affairs (MCA) that issues Registration/Incorporation Certificate to Indian Companies and LLPs, grants their closure and looks after their administrative processes. ROC is responsible to record the following documents from the registered Companies, LLPs and give approval or take necessary actions, wherever required:
- Details of Directors, Financial Statements, Board Reports, Annual Return, Company Resolution (every kind, whatever taken), etc. that are finalized by the entity in Board Meeting held as per schedule
- ROC should accept the submission of Company Resolution (as per Section 117 of Companies Act, 2013), Annual Account (as per Section 129(3), 137 of The Companies Act, 2013 read with Rule 12 of the Company (Accounts) Rules, 2014) and Annual Return (as per Section 92 of The Companies Act, 2013 read with Rule 11 of the Companies (Management and Administration) Rules, 2014) within 30 (for Company Resolution and Annual Account submission) and 60 days respectively of the conclusion made by the Board.
- ROC should check whether the Financial Statements provided by the entity are properly approved by the Shareholders and signed by at least the authorized Chairperson as per Section 134 of the Companies Act, 2013 in the Meeting.
Registered Companies of India (depending on their types) should follow the ROC guidelines to submit these mandatory annual ROC Forms added with fees, wherever required, to be filed within given deadline:
| ROC Filing Form Name | Purpose | Due Date of Document Finalization | Due Date of ROC Form Filing | Penalty |
| DIR-3 KYC Any Director holding approved DIN on or by 31st March, 2018 (Mandatory for disqualified Directors) |
Director’s KYC Declaration | Before Sept 30 of an AY | Deactivation of DIN that can be reactivated with late fee INR 5,000 | |
| ADT-1 Filed by all types of companies, such as, listed/unlisted/public/private/others. |
Auditor Appointment | 15 days from the date of conclusion of Annual General Meeting (AGM) | Penalty in money | |
| AOC-4 and AOC-4 CFS (For Consolidated Financial Statements) |
Declaration of Annual Accounts | 30 days from the date of conclusion of AGM. | By Oct 30 of an AY For One Person Company, within 180 days of closure of the FY | Heavy monetary penalty of INR 1000 p.m up to INR 10 lakh. |
| MGT-7 To be filed by all registered companies |
Annual Returns | 60 days from the conclusion of AGM | By Nov 29 of a AY | Penalty of INR 100 per day |
| MGT-14 Companies other than Private Limited Companies |
Resolution with MCA regarding Board Report and Annual Accounts | 30 days from the dated of conclusion of Board Meeting | Monetary Penalty | |
| Form 11 | Annual Return of LLPs | 60 days from the closure of the FY | May 30 of an AY | Penalty of INR 100 per day |
| Form 8 | Account Statement of LLPs | Oct 30 of AY | Penalty of INR 100 per day | |
| MSME Form 1 | Half-Yearly Return with the Registrar to declare the outstanding payments to Micro and Small Business Entity | By Oct 31 (for period from Apr to Sept) By Apr 30 (for period from Oct to Mar) | Heavy monetary penalty/Imprisonment |
Note: Based on Company Type, an entity has to file other ROC Forms, wherever required. We’ll be providing suitable consultation on that to you.
- Helps to remain organised, aware and updated about the Company’s administrative, legal and financial position.
- Proof of existence of Companies/LLPs when their annual reports are regularly submitted correctly in ROC’s official records.
- Staying secured from penalty, for non-filing ROC on time can place a Company/LLP in legal complications leading to severe penalty.
“Keeping up with the constant changes in the legal and taxation environment is becoming harder by the day. People with busy work lives, like myself, find doing this enormously challenging. Thanks to the super dynamic team at Ampirik India , Chartered Accountants that all my tax returns were filed smoothly.
I don’t have to worry about the timely and correct filing of tax returns, investment planning, digital compliances, representations, etc. I am glad to have hired a competent team of professionals and I am completely satisfied with their services.”