Annual Compliance for Pvt. Ltd. Companies
Annual compliance refers to the mandatory legal filings and regulatory obligations that companies like Private Limited Companies, Limited Liability Partnerships (LLPs), One Person Companies (OPCs), and Public Limited Companies must fulfill every financial year. These include filing returns, maintaining statutory records, conducting board/general meetings, and ensuring tax compliance. Our services ensure timely filings and hassle-free compliance to avoid penalties and maintain credibility.
Types of Annual Compliance Services
Annual compliance requirements vary depending on the type of business entity.
Private Limited Company Compliance
Filing of annual returns (Form MGT-7), financial statements (Form AOC-4), board meetings, and statutory registers.
Limited Liability Partnership (LLP) Compliance
Filing of Form 8 (Statement of Accounts & Solvency) and Form 11 (Annual Return), along with tax filings.
One Person Company (OPC) Compliance
Filing of financial statements (AOC-4) and annual returns (MGT-7A), plus board meeting records.
Public Limited Company Compliance
Extensive compliance including annual returns, financial statements, audit requirements, and SEBI/ROC filings.
Income Tax Filings for All Entities
Preparation and filing of income tax returns, advance tax, and TDS returns as applicable.
Event-Based Compliances
Support for changes like addition/removal of directors, change in shareholding, or amendments in MOA/AOA.
Why Annual Compliance is Important?
Avoids Penalties & Legal Action
Non-compliance may lead to heavy fines, disqualification of directors, or company strike-off.
Maintains Business Credibility
Timely compliance builds trust with investors, banks, and stakeholders.
Ensures Smooth Operations
Keeps the company legally active and eligible for contracts, tenders, and funding.
Regulatory Good Standing
Demonstrates transparency and adherence to the Companies Act, LLP Act, and tax laws.
FAQs
What happens if a company fails to file annual returns?
Penalties are levied, directors may face disqualification, and in severe cases, the company may be struck off by the ROC
Is compliance different for a Pvt. Ltd., LLP, OPC, and Ltd.?
Yes, each entity type has unique compliance requirements, but all must file annual returns and maintain statutory records.
Can compliance filings be done online?
Yes, most MCA and tax-related filings can be done online with the help of digital signatures.
Do dormant companies also need to comply?
Yes, even if there is no business activity, annual compliance filings are mandatory to maintain active status.
How long does the compliance process take?
Depending on the entity, it usually takes 1–3 weeks to prepare and complete all annual filings.