Company Annual Filing Services in India

Company-Annual-Filing-Services-in-India

Get ROC Annual Filing @ Rs.7000/-

Company Annual Filing Services in India are mandatory for all companies under ROC. Company annual filing is a professional task. Your company accountant may be able to handle the same. However, it is the employees and the owners who make the company successful. As such, they need all the help that prepares the Annual Return as well as the financial statements. FilingPoint is Best Rated Corporate Consultants and Advisors in Chennai.

What do you mean by Company Annual Filing

Companies are required to provide this information and records to the Government agencies and the tax authorities within the prescribed time limit. For this purpose, many companies are engaged in outsourcing their annual filings in India. FilingPoint is the country’s top accounting firms and accountants in the business. They have started providing this service through the internet.

When to File Company Annual Filing

The due date of filing annual accounts of a company with ROC is 30 days (Oct 31st) from the date of the annual general meeting. The due date for filing annual returns of a company with ROC is 60 days (Nov 30th)  from the date of the annual general meeting. The annual general meeting should be held within 6 months (Sep 30) from the end of the financial year.

Get ROC Annual Filing @ Rs.7000/-

Role of Auditors / Consultants to file company annual returns online

Auditors or chartered accountants and company secretaries are the authorized professionals to handle company annual filings. Auditor certified financials and digital signatures are essential for online ROC annual return filing for companies and LLPs. Company Annual Filing Services in India is an easy process if you select Best Auditors for filing Company Annual Returns Online.

What are the necessary Details and Documents for Company Annual Filing

  • An income tax return filed details,
  • Digital Signature Of All The Designated directors
  • financial statements – balance sheet, profit and loss statement, and notes on accounts
  • Accounts backup
  • bank statements with transaction description
  • reconciliation statement of TDS, GST, and bank statements
  • balance confirmation from significant parties
  • other details

Penalties for non-filing Company Annual Filing

In case of any delay in submitting company annual returns to ROC, you need to face a hefty penalty. You get charged Rs.100 per day per form from the due date till the actual return filed to date. Avoid unnecessary penalties and file your return on time without errors through FilingPoint, the best rated corporate consultants in Chennai. The company name can be struck off from registers and the director will be disqualified if you do not file your annual returns.

How to file company annual returns online

FilingPoint has started offering this kind of service to their clients through the internet. This saves a lot of time, energy, and money for your company because they can get all their financial records and financial statements from any part of the globe. The process of outsourcing India also enables the company to save on some expenses by not paying the full fee of the firm for every hour of their time for processing and maintaining the financial records.

Our clients from Chennai, Coimbatore, Karaikudi, and other parts of India can access these records through the websites of the firms, which provide all kinds of support and help for the company’s needs.  We are fully equipped with all the necessary accounting records and financial reports that would help the company to assess the current condition and plan the future financial future of the company. FilingPoint.Com offers the same services to the different sectors of the economy. We handle the records and financial reports of all types of businesses irrespective of their size and status.

Get ROC Annual Filing @ Rs.7000/-

Whether compliance with ROC is mandatory for Company

FilingPoint offers the best class Company annual filing services in India. Avail the most reliable support in the entire process of filing returns for the current year. The online service has made it easy for companies to access and submit their annual returns through the internet. The accounting services also provide free online submission of the return and all the paperwork required for it.

The services provided by these firms are beneficial to both the company and the individual shareholders. In India, there are many accountants and firms engaged in this service but not all of them provide the quality services as claimed.

Best Advisors for Company Annual Filing

So it is always better to consult with an accountant and a firm providing filing services in India before opting for any firm. This will ensure a fruitful working relationship between the company and the accountants and ROC Consultants.

However, if you are planning to get help from professionals then it is important that you compare the rates offered by different companies. So that you can avail of the best services at the cheapest rate. If you have no idea about the service providers, then the easiest way to find out about them is to log on to the Internet and find out about their services.

Company Annual Filing Services in India is the most convenient way to file your ROC Annual returns in the shortest possible time. The process of filing Annual returns has become a tedious task for the people who do not have much knowledge about it. In fact, there are many advantages that can be derived from hiring experts. They provide convenience, peace of mind, and assurance of return on investment. Apart, from that, the cost of the service is also a good way of enjoying some good financial benefits.

Easy Online Annual Filing Process

Filing your Annual Returns with the help of such services is very advantageous in the sense that you do not have to leave the comfort of your home or office. You can easily file the returns online and you will even get the results in a short span of time. There are many other benefits of using online services which include ease of use, speedy processing, and fast return.

To find out about the service provider in India, you should first search for the relevant companies in India in order to get the details regarding their services. The services provided by different companies vary from person to person. Once you find out the right service provider then you need to compare the rates offered by different companies. So that you can avail of the best services at the lowest rates available in the market.

It is not necessary to choose the wrong services if you wish to enjoy all the benefits at the most affordable rates in the shortest span of time, then you need to find out the right online service provider in India. This process will enable you to get the most competitive rates and this can easily be done through the Internet. The service provider can offer you a free consultation with regard to your needs. Then, you can choose one according to the type of work you require.

If you have any doubts while choosing the right service provider then you can simply ask your friends and relatives. This will help you to find out the right provider that suits your requirement.

Fees for Startup Annual Filing

We provide All kinds of Registration, Filings, and Advisory Services. Each and every work will vary based on the work involved. FilingPoint.Com charges based on Fixed Hourly Rate Ranging from INR 1000/- to INR 12000/- per Hour. Generally, we charge Fixed Fee Based on Work Ranging from Rs.3000/- to Rs.30000/- per Work. Furthermore, we are hereby to support you at all times at a Reasonable Cost

Get ROC Annual Filing @ Rs.7000/-

Contact Best Rated Company annual Filing Consultants in Chennai

Get in touch with professional ROC consultants to file company annual returns. FilingPoint provides the best company annual return filing, business registration, and other consulting services. File your company’s annual forms- AOC4 filing, MGT7 filing  & ADT1 filing through smart auditors. Get excellent support in private limited annual return filings. LLP annual return filings. OPC annual return filings.

We are a professional team of auditors, company secretaries, and ROC experts. Our team has years of experience and exposure in filing company annual returns. For on-time and error-free company annual return filing, FilingPoint is the right organization.

Contact Best-Rated Company Annual Filing Consultants in Chennai

+91 – 72999-72500 / info@filingpoint.com

Get ROC Annual Filing @ Rs.7000/-

Is ROC Annual Filing Mandatory for a Private Limited Company?

Is ROC Annual Filing Mandatory for a Private Limited Company-FilingPoint

ROC Annual Filing @ Rs.7000/-

Do you know is ROC Annual Filing Mandatory for a Private Limited Company?. Answer is Yes. It is of the mandatory compliance for a Pvt Ltd Company and One of the major point in Compliance Checklist.

What is ROC Annual Filing?

ROC Annual Filing is a yearly compliance for all private limited companies. FilingPoint.Com specializes ROC Filings and Compliance for a Private Limited Companies. Pvt Ltd has to file ROC eforms Online every year. Now we are going to discuss about eforms and Process.

Why ROC filing is required?

When you are filing your Income Tax Return with the Income Tax Department, the same way we have to file ROC returns with Ministry of Corporate Affairs (MCA) with whom the company is registered under the Companies Act, 2013. It is mandatory to file the ROC forms, returns and documents with the Registrar of Companies (ROC). It will help the Registrar of Companies and Government will understand how to company is working during the financial year in accordance with the Companies Act, 2013.

Mandatory ROC Annual Filings for a Private Limited

Annual Filings for a Private Limited Company is a mandatory process. FilingPoint.Com helps the companies to comply all regulations on time. As we have to file the following forms, our consultants will help you to prepare and file your ROC Annual Returns for your Private Limited Company.

ROC Forms

Form MGT-7: Filing of Annual Return with MCA which contains details about directors and shareholders. This form is to be filed within 60 days from the date of Annual General Meeting (AGM).

Form AOC-4: Filing of financial statements which contains the profit and loss account, balance sheet and director’s report. This form is to be filed within 30 days from the date of AGM.

Form ADT-1: Appointment of Auditor, Confirmation letter from the company. The company has to file this form within 15 days from the conclusion of AGM.

Documents Required for ROC Annual Filings

The other returns and documents includes minutes, notices, board meetings, list of shareholders, other certifications and updating the Statutory Register.

ROC Filing Process

ROC Annual Filing Process is a easy way to file your annual returns online along with financials. We are here to file your annual eforms for your private limited company. FilingPoint.Com is experienced filing services provider who is a Best ROC Annual Filing Consultants.

ROC Filings Due Date

Adhering to the law saves the company from the penal provisions and prosecution. Due Date for conducting AGM is 30th Sep.

We hope you got answer for Is ROC Annual Filing Mandatory for a Private Limited Company.

ROC Annual Filing @ Rs.7000/-

Contact Our Consultants 72999-72500 / Visit https://filingpoint.com

HOW TO CALCULATE THE ROC FEES?

“Get Done Your ROC Filing and ROC Compliance at Right time”

WHAT IS ROC?

Registrar of Companies in short is known as ROC. It is the Government authority under Ministry of Company Affairs, India that directs various companies registered under Companies Act 1956 and Companies Act 2013.

ROC ensures that companies are properly registered as per acts and rules of Companies Act, maintain accounts and other data accurately. ROC office maintains the registry of records. Individuals or corporate can access details about a company through ROC.

WHAT IS ROC FILING? WHAT IS ROC COMPLIANCE?

As per Companies Act, it is necessary the companies registered under ROC need to ensure compliances are documented with ROC through filing of relevant eforms. This process is called ROC filing. Annual return filing is the main part of ROC compliance. Financial reporting, directors and auditors reporting and maintaining of statutory register are a part of this ROC compliance.

ROC Noncompliance is dealt with severely with punishments, penalties, imprisonment and on the extreme closure of companies

WHAT IS ROC FEES?

ROC fees are the government fees for filing of ROC forms. When you want to file any forms with ROC, you need to pay ROC filing fees for the same. The process of filing of forms with ROC is complete only when the ROC filing fees is paid.

ROC fees vary depending on the forms, share capital of the organization and document requirements.

HOW TO GET DONE ROC FILING OF COMPANY / LLP?

It is advisable to get your ROC filing of your organization done through professional Chartered Accountants or Company secretaries. They offer professional ROC filing services and Annual Return Filing services

WHO IS RESPONSIBLE FOR ROC FILINGS OF A COMPANY / LLP?

It is the responsibility of the director or LLP partner to ensure ROC filings of their organization is done on time to ensure ROC compliance.

WHAT IS THE COST OF ROC RETURN FILING?

Apart from the nominal government fees/ROC fees, you need to pay professional fees to CS / CA/ ICWA. This professional fee varies from firm to firm.

ROC FEES AS PER MCA

Inspection of Company / LLP Documents

Viewing Company Documents on Portal –  Rs 100.00 per Company

Viewing LLP Documents on Portal –  Rs 50.00 per LLP

Certified Copy of Company / LLP Documents

Certificate of Incorporation – Rs 100.00 per copy

Certificate of Incorporation / Conversion for LLP –   Rs 50.00 per copy

Other Public docs.  – Rs 25.00 / page of a document

Other LLP docus.  –  Rs 5.00 per page per document

Transfer Deeds

Nominal Face value of shares is up to Rs. 5000 –   Rs 50 per deed

Nominal Face value of shares is more than Rs. 5000 –   Rs 100 per deed

How to calculate ROC fees?

Go to MCA website—www.mca.gov.in—-MCA Services—-Fees and payment service—-Enquire fees—-select company or LLP–Select form —Give CIN number if necessary—-Select the purpose of filing. Select the date of event—-Click on the calculate button.

Alternately use can use Filing Point ROC Fee calculator for company registration fees. Visit www.filingpoint.com  —- Company registration tab———Click on Roc fees calculator—-Select State—–Select Company / OPC/LLP—–Enter capital investment—Click calculate.

Your ROC fees breakup will be displayed instantly on your screen.

We understand you still have queries and need clarifications on ROC fees and compliance. 

Filing Point is top business registration specialists in Chennai. We are one stop solution business services provider. In case you are looking for ROC filing services in Chennai, Filing Point can help you with your requirements. We are always happy to answer your queries anytime. Get in touch with us today.

TOP 10 TIPS TO AVOID A PENALTY

Failing to adhere to ROC Compliance is bad enough, but the fines, penalties and Challenges can make your financial burden substantially worse. This can make it tough for the business owners to manage and run their business smoothly.

REASONS FOR NONCOMPLIANCE

POOR INTENT- The organization may not be serious about Annual Return Filing or any ROC filing. This can result in ROC Noncompliance

CASH FLOW CHALLENGES- The Company or LLP may not able to pay taxes on time due to cash flow challenges

INSUFFICIENT EXPERTISE- The business owners may be ignorant about all the rules and regulations that they need to follow as per ROC. But Ignorance of law is no excuse. It is advisable to engage ROC filing services from professionals.

PROCESS FAILURE- Sometimes there can be errors in the information submitted to ROC. There can be errors in ROC forms uploaded too. This is also considered as non-compliance.

LEVELS OF NON COMPLIANCE

Noncompliance is dealt with severely by ROC. The following are various levels of actions taken for Non-compliance

FINES—It is the first step of non-compliance where fines are levied. This is an unnecessary cost that can be easily avoided through on time tax payments and ROC Filing in Chennai

PENALTIES OR SCRUTINY—It is the next level of action by ROC. Here the company has to bear the additional cost of fine and penalties, spend precious business hours for scrutiny by the department. OFFENCE- It is the further level of action taken by ROC. Here the offensive organization has to bear additional cost, spend precious business hours on scrutiny and the status of the company goes to dormant status. It is a serious offence if the company is yet to resolve the issue

STRIKE OFF- This is the last stage wherein ROC directs the organization to pay all fines or penalties. Precious business hours are wasted on scrutiny by the department. Your company will be struck off from the register of companies and the authorized persons may have to face imprisonment too.

ROC NON COMPLIANCE AND THEIR CONSEQUECES

NON COMPLIANCE -Failure to carry out Annual Return filing

CONSEQUECES- Delay up to 330 days of AGM, Maximum up to 12 times of normal fees. —If AGM is above 330 days, then 12 times of normal fees plus Fine not be less than Rs. 50,000/- but which may extend to Rs.5,00,000

NON COMPLIANCE- Failure to carry out Annual Return Filing – Directors

CONSEQUECES- If AGM is above 330 days, then Imprisonment for 6 month , Fine not be less than Rs. 50,000/- but which may extend to Rs. 5,00,000 or both

NON COMPLIANCE- Failure in Filing of Financial Statements

CONSEQUECES -Delay up to 330 days of AGM, Maximum up to 12 times of normal fees. If AGM delay above 330 days, then 12 times of normal fees plus Fine not be less than Rs. 1,000/- but which may extend to Rs. 10,00,000

NON COMPLIANCE- Failure in Filing of Financial Statements- Directors

CONSEQUECES- More than 330 days of AGM, Imprisonment for 6 month , Fine not be less than Rs. 1,00,000/- but which may extend to Rs. 5,00,000 or both

NON COMPLIANCE- Failure in Maintenance of Statutory Registers and Records

It is a must for organizations registered with ROC to maintain 1. Register of Directors and KMP’s and their Shareholding 2. Register of Members  3. Register of Charges  4. Register of Loans, Guarantee, Security and Acquisition  5. Register of Investments  6. Register of Contracts  7. Board Meeting Minutes and Annual General Meeting

CONSEQUECES- Penalty may be varies from Rs. 1,000 to Rs. 5,00,000

NON COMPLIANCE- Failure in Event-Based Filings

Event-Based Filings  are 1. Change in Authorized or Paid-up Share Capital of the Company. 2. Transfer of shares 3. Appointment / Change of Directors. 4. Appointment or Change of Auditors. 5. Loans are given to other Companies. 6. Loans to Directors (only if the company complies with Section 185) 7. Opening or closing of bank accounts or change in authorized signatories. 8. Creation or satisfaction of Charges. It is a must for organizations registered with ROC to do event based filings

CONSEQUECES- Penalty may be varies from Rs. 1,000 to Rs. 5,00,000

TOP 10 TIPS TO AVOID PENALTY

Following are the 10 Tips to avoid Penalty or fines

  1. ON TIME PAYMENTS- It is important to pay your taxes on time within due date to avoid penalties, fines or interest. It is the first step of compliance
  2. ON TIME REPORTING- ROC expects proper reporting of business activities and their financial statements within due dates. It is necessary to report all financial activities of the business periodically through relevant ROC filings
  3. RIGHT COMPLIANCE – Follow the practice of on time tax payments, on time reporting or filing of returns and adhere to relevant guidelines of ROC. This ensures you to be in the good books of ROC.
  4. CALENDER OF ACTIVITIES- Prepare a calendar of activities every month to keep track of due dates for various payments, reporting or filing. Your could engage professional services of ROC filing for private limited companies or  ROC Filing in Chennai  to keep you updated about due dates and payments
  5. CHECKLISTS – Prepare a checklist periodically to crosscheck whether you have complied all the payment due dates and reportings to ROC. This ensures better control over the affairs to be reported to ROC. Professionals like Auditors in Chennai or Company Secretaries can help with ROC Filing in Chennai 
  6. SPECIALIST AUDITS- To be ahead you could engage professional ROC filing services to conduct specialist audits and verification of your books of accounts to ensure you are on the right path.
  7. ENGAGE PROFESSIONALS- It is always advisable to engage professional like Chartered Accountants in Chennai or Company Secretaries to handle all the activities related to ROC.
  8. OUTSOURCE YOUR BACK END TASK- We understand entrepreneurs need to concentrate on core business activities rather than worry about back end tasks of accounting,tax and compliance. Outsource all your back end task to professionals who are competent.
  9. BE HONEST AND PAY RIGHT TAX- Keep your accounts clean and pay your taxes right. This goes a long way in making you honest tax payer and be in good books of ROC
  10. CASH FLOW MANAGEMENT- It is important to have good cash flow management to meet all your tax obligations and compliances. This is the most important action to be taken by every organization.

We understand you still have queries and need clarifications on ROC compliance. 

Filing Point is top business registration specialists in Chennai. We are one stop solution business services provider. In case you are looking for ROC filing services in Chennai, Filing Point can help you with your requirements. We are always happy to answer your queries anytime. Get in touch with us today.