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ROC Company Annual Filing With Tax and Services

  • Filed by every Public and Private Company
  • Get Support for conducting AGM
  • Simple and Secure Online Process
  • Dedicated Professional
  • Expert CS Advice
  • File your ROC Annual Return in 7-10 days
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Introduction

Every registered company is obligated to comply with the regulatory requirements set forth by the Registrar of Companies. The ROC Annual Filing is a crucial aspect of maintaining legal compliance and transparency in business operations. It involves the submission of various documents and financial statements, ensuring that the company’s financial health and adherence to statutory norms are accurately reflected.

At “Tax and Services,” we understand the intricacies of ROC Annual Filing and offer tailored solutions to streamline the process for your company. Our experienced team of legal professionals ensures that your annual filing is not only compliant with the regulatory framework but also optimized for the best financial outcomes.

Advantages of Annual ROC Compliances

Ensuring timely compliance with annual Registrar of Companies (ROC) requirements is crucial for any business, especially in the legal domain. “Tax and Services” recognizes the significance of adhering to these obligations and aims to enlighten its users about the numerous advantages associated with annual ROC compliances.

Legal Compliance and Avoidance of Penalties

Annual ROC compliances are essential for maintaining legal sanctity. Non-compliance can result in penalties and legal consequences. By adhering to these requirements, businesses not only stay on the right side of the law but also avoid unnecessary financial setbacks.

Enhanced Corporate Governance

Engaging in annual ROC compliances promotes a culture of transparency and accountability within the organization. This, in turn, enhances corporate governance by ensuring that the company’s operations are conducted ethically and in accordance with established standards.

Credibility and Trustworthiness

Businesses that consistently meet their ROC obligations are perceived as more credible and trustworthy by stakeholders, including clients, investors, and partners. Compliance builds a positive reputation in the industry, which can be a valuable asset for any legal service provider.

Access to Funding Opportunities

Financial institutions and investors often scrutinize a company’s compliance record before extending loans or investments. Meeting annual ROC requirements demonstrates financial discipline and responsibility, making it easier for the business to secure funding when needed.

Smooth Business Operations

Annual ROC compliances involve the documentation and filing of important company records. By regularly updating these documents, businesses can streamline their operations, reduce the risk of errors, and ensure that all corporate information is accurate and up-to-date.

Facilitation of Business Expansion

Compliance with ROC regulations is crucial for businesses looking to expand their operations or enter new markets. Many jurisdictions require a clean compliance record for granting approvals and licenses. By proactively meeting these requirements, “Tax and Services” clients position themselves for smoother expansion opportunities.

Documents Required for Annual ROC

  • PAN of the Company
  • Audited Financial Statements audited by statutory auditor
  • MOA and AOA of the Company
  • Minutes of the Board Meeting and EOGM
  • Certificate of Incorporation
  • DSC of the authorized Director

Documents Required for Annual ROC

Companies incorporated on or before 31st December 2022 are required to file their financials for Financial Year 22-23 before the due dates. Companies incorporated on or after 1st January 2022 to 31st March 2023 can file their ROC Annual Filings next year by preparing the statement of 18 months.
 

More Insights on Annual Filing of the Company

Every company has to mandatorily comply with the annual requirements as prescribed under the Companies Act, 2013. It is a statutory requirement to appoint a statutory auditor for auditing the annual accounts of the company. The companies have to get their accounts prepared and get it approved by the Board of Directors and Auditors of the company.

The companies in addition to MCA annual filings are also required to file Income Tax Return in respective form before 30th of September of every year with the Income Tax Department. It is compulsory to file ITR and annual accounts with ROC irrespective of the fact whether the company is working or not.

The companies are required to conduct an Annual General Meeting once a year within 6 months from the end of that financial year i.e. 30th September of every year. For Newly incorporated companies the AGM must be held within 9 months of the end of financial year i.e. by 31st December of the respective year. The time gap between any two AGM should not be more than 15 months.
 
  • Hold Board Meeting Approve the financial statements, board report and notice of AGM
  • Hold Annual General Meeting Approve the financial statements, dividend declaration, regularisation of director and appointment of auditor if required.
  • Filing of Forms FIle Form AOC-4 within 30 days of the AGM and MGT-7 within 60 days of the AGM

Form AOC-4 (Filing of Financial Statements)

The financial statements after approval must be signed by the board of directors/KMP if any and the statutory auditor of the company. Along with the financial statements, Board Report and its annexures are also required to be filed along with the form. Form AOC-4 is required to be filed within 30 days of the AGM or before 29th of September whichever is earlier.
 

Penalty for Non-Filing of Annual Accounts with ROC

If the companies are unable to file Form AOC-4 and MGT-7 before the due date, they will be liable for an additional fee of Rs.100.00 per day till the date of filing.
 
 

Form MGT-7 (Filing of Annual Return)

Every company is required to file the statement of annual return containing the particulars of securities, details of meetings, directors, shareholder and transfer details any various other details within 60 days of the AGM or 28th November whichever is earlier.
 

Process of Annual ROC Compliances for Private Limited Companies

Complete the Application Form

You are requested to first fill the simple questionnaire provided by our expert team.
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Step 01

Document Processing

At the second step we will be requiring the documents as stated above in accordance with the questionnaire filled by you so that we can arrange them as per the requirement and for further processing.
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Step 02

Preparation of E-forms

At this step we will prepare the E-forms along with some documents like Boards Reports and Annexures signed by you for submission depending upon your case which shall be further verified by our experts team before submission.
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Step 03

Filing of E-forms with ROC

After preparation of E-forms we will upload your company's annual documents on the portal of the Ministry of Corporate Affairs on your behalf by filing Form AOC-4 and MGT-7.
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Step 04

Getting the Compliance done

The status of the form along with the challan generated online will be shared with you at the earliest basis specifying that the compliance has been done. Legal Window has a team of expert professionals like Chartered Accountants, Company Secretaries, Lawyers who take care of all your company’s
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