Know Your Compliance for
Private Limited Companies
While we call you, get some insights into what you are getting into.
At BizSetupGlobal, we provide comprehensive accounting and compliance services designed to empower Limited Liability Partnership firms like yours to thrive and succeed.
Basic Facts on Private Limited Compliance
- Compliance means following orders, rules, or requests.
- Indian private limited companies must follow the Companies Act 2013.
- The Companies Act 2013 governs directors' appointment, qualification, remuneration, retirement, and board and shareholder meetings.
- Private Limited Companies need RoC compliance. The annual compliance requirement applies regardless of turnover or capital.
- All Indian companies—private limited, one-person, limited, and section 8—must file annual returns and income tax returns. After Company Registration, many compliances must be met.
- Entrepreneurs must balance business operations with complex corporate laws. Thus, it is best to consult professionals and understand the legal requirements to avoid penalties or fines.
- Returns must be filed regardless of sales, profitability, or other factors. Dormant businesses must file GST returns.
Different Types Of forms to be filed for Private Ltd Companies
Compliance
Description
Commencement of business
( within 180 days)
The commencement of business certificate must be obtained within 180 days of incorporating a Company.
Auditor Appointment
(Within 30 days)
All registered Indian Companies must appoint a Statutory auditor within 30 days of incorporation.
Income Tax Return
Income tax returns must be filed on or before the 30th September Financial year.
MCA Form AOC-4
The private limited companies must file MCA Form AOC-4 or before 29th October.
MCA Form MGT-7
It is necessary to file MCA form MGT-7 on or before the 28th of November.
DIN eKYC
All the company directors must be filed for the DIN eKYC or DIR-3 eKYC. In DIR-3 eKYC, the Director must provide a unique personal mobile number and a personal email address.
Hold Annual General Meeting
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.
Director's report
Preparation of the Directors’ report will be done with all the information required under Section 134.
Share Certificate
A Company must issue a share certificate within two months of the allotment of Shares
Register of Members
Seven to eight mandatory registers to be maintained
Online Registration Process
Step 1
Select the package that suits you.
a. list of services purchased
b. documents to be submitted or next action.
Step 2
Once documentation is complete, you will be informed about the next steps through email and sms, and you can also check the current status of your request in your personalised dashboard.
Step 3
Make a payment, and you will receive your personalised dashboard login and password.
Step 4
If you have any questions during the process, you can contact us via the Helpdesk system in your dashboard, and we would be pleased to assist. We can even call you if necessary.
Step 5
At each step, our team will share all the required information needed by you and ensure that you have a smooth experience with us.
Step 6
Once you submit the required documents, our Compliance Manager will review the documents and contact you in case of any discrepancies.
Here's What You Need To Do
Fill the Form
Start your journey by filling out a simple form on our website. Provide the necessary information to initiate the process.
Call to Discuss
Our Legal expert will connect with you & prepare documents.
ROC Compliance
We help you with timely reminders & documentation.
Pay as You Grow
Flexible Payment Options
We offer flexible packages to cater to your specific requirements:
Condition: Fees will be subject to change based on turnover and Income tax requirements
Frequently Asked Questions