Annual Compliance of Private Limited company

Annual Compliance for Pvt Ltd Company

As a private limited company, it is crucial to comply with annual statutory requirements to maintain the company's legal and financial status. Here are some essential annual compliance requirements.

Every Pvt Ltd Company needs to prepare financial statements such as a balance sheet, profit and loss account, and cash flow statement at the end of each financial year. These statements should be audited by a qualified auditor to ensure their accuracy.

Preparation of Financial Statements

Every Pvt Ltd Company is required to file an annual return with the Registrar of Companies (ROC) within 60 days of the Annual General Meeting (AGM). The annual return includes information about the company's shareholders, directors, and changes in the company's share capital during the financial year.

Filing of Annual Return

A Pvt Ltd Company needs to hold at least four board meetings in a financial year, with a gap of not more than 120 days between two consecutive meetings. Minutes of the board meetings should be maintained and signed by the Chairman of the meeting.

Conduct of Board Meetings

Every Pvt Ltd Company needs to obtain a compliance certificate from a company secretary or a chartered accountant. The compliance certificate certifies that the company has complied with all the necessary statutory requirements for the financial year.

Obtaining Compliance Certificate

Stay compliant and keep your Pvt Ltd Company's legal and financial status intact with Kanakkupillai's expert guidance. Contact us today to ensure that your annual compliance requirements are met with ease and efficiency!

Contact Kanakkupillai for Annual Compliance of Pvt Ltd Company