What are the annual compliance for a private limited company?

For a private limited company, it is mandatory to hold an annual general meeting once a year. Companies are required to keep their AGM within six months from closing the Financial year. Preparation of the Directors report will be done with all the information required under Section 134.

How much does it cost to run a private limited company?

Mandatory Requirements for Private Company Registration However, to form a private limited company following are the mandatory requirements: Minimum two people are required to start a private limited company in India.

What are the recurring compliances of a pvt limited company?

Adoption of financial & board reports for accounting & annual compliance for Private Limited company. Appointment of an auditor, who will maintain the complete annual compliance for Private Limited Company. File form ADT-1 of auditor appointment. Maintenance of Statutory Registers.

What is company annual compliance?

What is the Annual Compliance for Private Company? For every company, it is compulsory to file an annual return and audited financial statements with MCA for every financial year. The RoC filing is mandatory irrespective of the turnover, whether it is zero or in crore.

How file Pvt Ltd income tax return?

How to file Income Tax Return for Private Limited Company

1. Due Date for Company Tax Return Filing.
2. Form ITR.
3. Documents Required for Company Tax Return Filing.
4. Maintaining Book of Accounts.
5. Preparing Financial Statements of the Company.
6. Appointing Auditor for the Company.
7. Auditing the Financial Statement of the Company.

What is the compulsory for private company to prepare?

Every company is required to file its Annual Return with Registrar of Companies within 60 days of Annual General Meeting in E-Form MGT-7. A company having turnover of INR 50 Crore or more shall be certified by a Practicing CS in Form MGT-8.

What is annual compliance report?

The Plain Writing Act and the final guidance issued by the Office of Management and Budget (OMB) requires all agencies to complete an annual compliance report. This report tells the government and public how each agency is complying with the Plain Writing Act and OMB’s final guidance issued.

Can a director file an annual return?

The appointed officer of your company (e.g. a director or company secretary) can file the annual return on ACRA’s online filing portal BizFile+. Alternatively, you can engage the services of a registered filing agent to do this on behalf of the company.