ROC Annual Filing - An Overview

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Annual Return Filing for Companies: Everything You Need to Know

As a company operating in India, fulfilling your annual compliance obligations with the Registrar of Companies (ROC) is not just a legal requirement, but also crucial for maintaining your company's active status, building trust, and ensuring smooth business operations. At Trustra Advisory, we understand that navigating these compliances can seem complex. This post aims to demystify the Annual Return Filing process for you and show you how we can assist you every step of the way.

What is Annual Return Filing?

Annual Return Filing involves submitting your company's financial and non-financial information to the Registrar of Companies (ROC) in the state where your company's registered office is located. This mandatory annual process ensures transparency and provides stakeholders and the regulatory authority with key details about your company's activities, financial health, shareholding pattern, and management.

Why is Annual Return Filing Important?

Timely and accurate annual filing offers several benefits:

• Ensures Legal Compliance: Avoids penalties and legal issues under the Companies Act, 2013.
• Maintains Active Status: Keeps your company's status active on the MCA portal.
• Builds Stakeholder Trust: Demonstrates transparency to clients, investors, and partners.
• Facilitates Business Operations: Required for activities like opening bank accounts, securing loans, or participating in tenders.
• Avoids Heavy Penalties: Prevents the imposition of significant late filing fees (₹100 per day per form, with no upper limit) and potential director disqualification.
• Aids Business Planning: Provides a clear overview of the company's performance and structure for informed decision-making.
• Crucial for Fundraising/Exit: Essential for due diligence by investors or buyers.

Eligibility Criteria

All registered companies, including Private Limited Companies and Public Limited Companies, are required to comply with the annual return filing requirements.

Key Forms and Due Dates

The primary forms for annual filing under the Companies Act, 2013, are:

Note: The Annual General Meeting (AGM) must be held within six months from the end of the financial year.

Documents Required for Annual Return Filing

To ensure a smooth and efficient annual return filing process, please provide us with the following documents:

Our Assistance

At Trustra Advisory, we provide end-to-end assistance for your company's annual return filing. Our services include:

• Collecting and reviewing all necessary information and documents.
• Preparing the draft financial statements and annual return forms.
• Facilitating the statutory audit process (if required).
• Ensuring compliance with all relevant sections of the Companies Act, 2013.
• Filing the e-forms with the Registrar of Companies within the stipulated due dates.
• Providing timely updates and addressing any queries you may have.

Let Trustra Advisory take the burden of annual compliance off your shoulders, allowing you to focus on growing your business.

Have you filed the annual returns of your Company yet? If not, contact Trustra Advisory today, and we are ready to help you stay compliant.