ROC Compliances
All business entities formed in India have to comply with various ROC Compliances timely as per relevant Companies Act and LLP Act. These compliance, if met properly and timely are easy to maintain and has minimum liability for owners. ROC Compliances involves filing of forms with the registrar of companies within the stipulated time period as per relevant rules
SOME OF THE ROC ANNUAL COMPLIANCES ARE MENTIONED BELOW
| ADT-1 | Auditor Appointment | An auditor needs to be appointed annually or for 5 years by submitting form ADT-1 to the Registrar of Companies |
| AOC-4 | Financial Statements and Balance Sheet | Every Company needs to file its balance sheet and, profit and loss account along with the director’s report. This must be filed within 30 days from the date from the date of AGM |
| MGT-7 | Filing of Annual Returns | Every Company needs to file its annual return for the period ending on 31st March every year. This must be filed within 60 days from the date from the date of AGM. |
| Form -11(LLP) | Filing of statement of account and solvency | Form 11 filed as a part of Annual compliance for LLP contains details of the partners, the contribution made by the partners, and all the details of body corporate as partners and their details. Every LLP registered company should file form 11 within 60 days of closure of the financial year. Due date for filing form 11 is 30th May every year |
| Form -8 (LLP) | Filing of Annual returns | Filing form 8 as a part of Annual compliance for LLP should be filed within due date, in the mid of the year (i.e. 30th October ). This form 8 includes two parts one is a statement of solvency, and two is the statement of accounts and income and expenditure. |
| DIR-KYC | For Every Director, Partner of LLP | Mandatory for all directors , Partners of LLP to have DIN to submit their KYC details in e-Form DIR 3 KYC every year. In case of default to file the e-Form on or before the due date, the DIN will be marked as ‘Deactivated due to Non-filing of DIR-3 KYC’ by the ROC. In case of default, penalty of Rs.5,000. |
| DPT-3 | Return of Deposits | Return to be filed – For Furnishing details about acceptance of deposits and/or outstanding receipt of loan or money other than deposits. |
| Msme -1 | Half yearly Return | It is half yearly return that specified companies need to file and state regarding their outstanding payments to the Msme |
These are most common compliances explained above, they are more applicable as per each specific case