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Annual Compliances for Private Limited Company Starts from INR 17,999 /-

Never hamper the continuity of your business by filing annual compliance on time. Count on our expert professionals who are poised to deliver ultimate results.

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Annual Compliances for Private Limited Company

Annual Compliances for Private Limited Company

INR 17,999 /- All Inclusive, No hidden Charges

The basic package includes the below-mentioned services for the companies having an annual turnover of less than Rs. 10 lakhs.

One Time Compliances Quarterly Compliances
Annual Return Filing Income Tax Return Filing
Other Secretarial Compliance Maintenance of Statutory Records and Registers

 

INR 27,999 /- All Inclusive, No hidden Charges

The standard package includes the below-mentioned services for the companies having an annual turnover of less than Rs. 50 lakhs.

One Time Compliances Quarterly Compliances
Annual Return Filing Income Tax Return Filing
Other Secretarial Compliance Maintenance of Statutory Records and Registers

 

INR 34,999 /- All Inclusive, No hidden Charges

The premium package includes the below-mentioned services for the companies having an annual turnover of less than Rs. 100 lakhs.

One Time Compliances Quarterly Compliances
Annual Return Filing Income Tax Return Filing
Other Secretarial Compliance Maintenance of Statutory Records and Registers

 

Basic Package

INR 17,999 /-

No Hidden Cost

Buy Now

Standard Package

INR 27,999 /-

No Hidden Cost

Buy Now

Premium Package

INR 34,999 /-

No Hidden Cost

Buy Now

Annual Compliances for Private Limited Company in India

Compliance means filing of certain forms and information from time to time to central government as statutory requirement. It’s a combined word for all the filings that need to be done to keep your company in good standing with the government authorities.
 
Who do you need to manage the Compliance of your Company?
 
For a private limited company seeking to grow at a rapid pace, it is necessary that it stays clear of unnecessary legal paraphernalia.
 
Falling in line with the compliance system ensures that there are no legal fines or penalties or for that matter work stoppages or lawsuits against the company. In certain cases it can all be sorted with a warning but when the issue is a graver one, the companies end up paying fines for not following the compliance. To avoid the predicament, it is better to hire a compliance expert like Registrationwala.com

3 Main Reasons, Why do you need to Stay Compliant?

  • Improved Public Relations
Once a company has met all its legal obligations it can actually market it positively on websites or through ads. It can be put in job applications and all other places via which the company is reaching the market. Managing the compliance brings good name to the company.
  • Employee retention
There are many compliance issues that deal with the benefit of the employees, some these even talk about protecting the employees. For a company that adheres to these guidelines, it becomes easy to retain the employees as the workforce of the company feels home in the company and strives to work for the betterment of the business and the product.
 
Thus, for a Private Limited, which anyway is bound by a lot of compliance guidelines, it is paramount to manage all that. As in the longer run it showers the company with all the benefits that may or may not be visible in the beginning.
  • Smooth operations
Certain rules help more than they harm. Rules related to discrimination and harassment help create a better working environment for employees which can lead to better productivity. Also better security – financial as well physical – help employees provide more to the company.

What are the Compliances your company is Liable to fulfill?

Here is the list of compliance requirement which every form of company is required to fulfil l-

Self-Compliances

  • Every company is required to fix a board outside the registered office of the company. The board should contain the name of the company and the registered address of the company. The information printed on the board shall be in English language and the regional language.
  • It should also assure that every letterhead and invoice of the company contain the full name of the company along with the registered address of the company, telphone number, corporate identity number and E-mail ID.Name shall be printed in Header and CIN No, Add of registered office and Email id of the company in Footer.
  • The official website of every company shall contain the following information about the company on its landing or home page.
    • Name of the company
    • Address of its registered office
    • Corporate Identity Number
    • E-mail Address and
    • Name of the person who may be contacted in case of any queries or grievances.

One time Compliance to start the Annual Process

  • Obtaining stationery Minutes binders
  • Appointment of First Auditor.
  • Preparing and printing Share certificates
  • Preparing the statutory registers in E Form

Quarterly Compliances (After Every 90 Days)

  • Holding the Board Meeting
  • Drafting the notice of BM,
  • Preparing minutes thereof
  • Preparation of attendance sheets of the board meeting

Annual Compliances

  • Preparing the directors’ disclosures of interest in other concerns
  • Preparing the declarations from the directors;
  • Drafting of Board’s report
  • Drafting of Annual return;
  • Obtaining the financials from Auditor;
  • Email ID of all the proposed directors:
  • Drafting the minutes for the pre AGM board meeting.
  • Drafting of Director Report, Annual return and financials.
  • Auditor’s reappointment Document has to be prepared;
  • Preparation of Fresh Appointment letters to Auditors if any;
  • Preparation of Annual General Meeting Minutes and related documents;
  • Preparation and filing of balance sheet; P&L and Auditors appointment, with the RoC;
  • Filling of AOC 4 , ADT 1 , MGT 7 with their respective attachments.
  • Statutory Auditing of the Company/LLP upto 300 transaction or 10 Lakhs turnover whichever is earlier.
  • Accouting Entries will be done by our team upto 300 entries and more than that will be charged at Rupee 1 per entry.
  • Filling of form “ITR 6” for Income Tax Return with the department with Digital Signature.

Income Tax Return Filing

  • Calculation and Quarterly Payment of Advance Tax
  • Filing of Income Tax Returns
  • Tax Audit – Mandatory in case sales, turnover or gross receipts of a business exceed Rs. One Crore in the previous year relevant to the assessment year.
  • Filing of Tax Audit Report

Maintaining Statuary Registers and Records

It is mandatory for every company to maintain various statutory registers and records as required by the Company law. Below-mentioned are some of the registers and records which are required to be maintained-

  • Register of shares
  • Register of Members
  • Register of Directors etc.
  • Incorporation documents of the company
  • Resolutions of the meetings of the Board of Directors
  • Minutes of the Board Meetings and Annual General Meeting etc

Benefits of Completing Compliance On Time

Considering that the needs and burdens of compliance will never go away, it is time to embrace them—not as only a cost of doing business, but for the many benefits that they bring, including the 5 listed here.
 
Risk reduction – organisational as well as individual
 
Once a company has lived up to the entire compliance requirement it saves itself from lot of legal and financial troubles. By legal troubles we mean the investigation and business interruptions that follows.
 
Crisp and better organized framework
 
In cases where compliance is done on time, there are always certain filters and reference points which help in getting rid of paraphernalia and make sure the company stuck to what is best suited for the development of its services.
 
Better relationship between stakeholders
 
Any stakeholder or regulator, while doing business with a company, ensures that the business he is stepping into is ethically and morally a well set unit.
 
The more the transparency the better the business
 
Compliance ensures that there is transparency in the way a business functions. The customers when provided by a true and honest story, which happens when you complete the compliance on time, about a company, they are lured into it.
 
Helps realize the mission of the company
 
Compliance programs are what make sure that everyone in the company is aware of the actual agenda. Because of its legal nature it is like a whip to ensure that everyone is on the same page as far as the mission of the company is concerned.
 
It is important for all organizations to be managed efficiently and in a professional manner . So it is very important how it is controlled and adapted to these rules and regulations. It’s always better to hire compliance filing experts to take care of all the due dates and avoid the last minute hassle and govt. penalties.

What We Do

Step 1
Collect Information & Work on it

Step 2
Sharing of Draft

Step 3
Review & Changes

Step 4
Final Delivery

 

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