Roc Annual Filings Process Online in Bangalore

Roc annual filings process online in Bangalore


In a world that is rapidly going paperless, it's no wonder that many statutory filings are now being done online. This has made it easier for corporate to file documents, save time and money, reduce scope of error since the human interface is minimal, and also eliminate the need to travel to different offices. While some bugs persist, such as limitations on file size and inconsistent report formats, the overall system is a great step forward.

For a company, the annual filings process includes filing of form AOC 4 – Audited Balance Sheet and Profit and Loss Account, form MGT-9 Auditor's Report, and Notice for AGM and Directors Report. In addition, the annual tax return has to be filed too. These filings are required to be submitted annually by a private limited company regardless of whether the company is active or not.

Similarly, a LLP must submit its annual compliance to the MCA by filing the Statement of Account and Solvency along with the ROC Form AOC-4. This is a mandatory requirement for all LLPs registered in India.

If the LLP does not file its ROC annual returns, it will be placed on the list of Annual Compliance Defaulters which will make it difficult for the LLP to get approvals for things like loans or credit lines. Moreover, the LLP will have to pay heavy fines and penalties that can put it out of business. For this reason, LLPs must always file their annual compliance on time.

 

 

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info@filingpoint.com

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