Navigating compliance can be daunting for private limited companies in India, given the intricate requirements of the Companies Act 2013. At ASK Associates, we offer expert guidance and comprehensive solutions tailored to your company’s needs. From registration to ongoing obligations, our team simplifies the compliance process, ensuring your company meets all regulatory requirements seamlessly.

Compliance for Private Limited Companies

Understanding Compliance

 Compliance entails adhering to regulations, and for private limited companies in India, this primarily involves obligations under the Companies Act 2013. Compliance encompasses various aspects, including statutory filings, shareholder meetings, and director appointments.

ROC Compliance for Private Limited Company

 ROC compliance pertains to obligations set by the Registrar of Companies (RoC) or equivalent authority. It includes annual filings, event-based compliances, and other regulatory requirements essential for maintaining a company’s legal status.

Annual Compliances for Private Limited Company

 Annual compliances are crucial for corporate governance and include tasks such as filing financial statements, appointing auditors, holding board meetings, and conducting annual general meetings (AGMs).

Event-Based Compliances

Event-based compliances arise from specific events within the company, such as changes in capital, appointment of directors, or opening/closing of bank accounts. Filing necessary forms with the registrar within stipulated timelines is crucial to avoid penalties.

Non-Registrar Compliance

 Apart from RoC compliances, private limited companies must fulfill obligations related to taxation, GST, TDS, PF, ESIC, etc. Non-compliance with these requirements can lead to penalties and legal repercussions.