Private Limited Company Compliance
Private Limited companies are required to comply with several legal and regulatory obligations after their incorporation, including annual compliances under the Companies Act, 2013. These compliances are mandatory and must be completed within their prescribed due dates. For detailed information on what these annual compliances for pvt ltd company and their due dates are, go through the entire blog.
Get Quote Instantly
The annual compliances for Private Limited Company include filing several e-forms to the ROC, such as annual returns (MGT-7), annual financial statements (AOC-4), intimation of auditor’s appointment (ADT-1), and annual ITR. In addition to these, there are internal compliances to be completed, like organizing general meetings of shareholders, board meetings of directors, and updating statutory registers.
The due dates for each of these compliances vary depending on regulatory requirements. Non-compliance or delays may result in penalties that might hinder business operations and raise the cost of compliance. Hopefully, the information in this blog will help avoid such adverse consequences.
Annual Compliances for Private Limited Company
The Companies Act, 2013 governs all Private Limited Companies incorporated in India, prescribing a detailed list of compliances to ensure transparency and accountability in business operations. The table below describes all these compliances for Private Limited Company in detail, with comprehensive explanations about their objectives, due dates, and penalties.
Whether you’re an entrepreneur looking forward to starting a Company or an established owner already running one, this table will help you create a robust compliance calendar to keep your business standing on the right legal foot!
Related Business Registrations
In addition to registration or incorporation, a business may require other registrations depending on the business activity undertaken. Talk to an Advisor to find out registrations your business may require post registration.
