Company Annual ComplianceCompliance Calendar

Annual Compliance Checklist for Company

Annual Compliance Checklist for Company after registration

Dear reader, in this post we will discuss about the annual compliance checklist for company. We know that, after registration, companies or start-ups running as a private limited company has to fulfill numbers of compliance as required  under various  acts & statutes. and other regulatory bodies.

Annual Compliance Checklist for Company

Compliance of companies /start-ups can be categorized as follows:

  • ROC Compliance / Registrar of Companies Compliance
  • Income Tax Compliance like ITR Filings, Advance Tax Payment, TDS Payment, TDS Return etc,
  • Goods and Services Tax Compliance* like GST Return filing, GST Annual Audit
  • Labor Law Compliance* (PE/ESI)

*If applicable

 Consequences of Non Compliance

Non compliance can attract heavy monetary penalties and may result into cancellation of various license(s) & registration.

Company Annual Compliance Checklist

 

 

 

 

 

 

 

Annual Compliance Check list for Private Limited Company

Find below the complete Check list of annual compliance applicable for Private Limited Company:

 
Compliance (s)
Time Frame / Deadline
First Board Meeting Within 30 days after registration
Appointment of First Auditor of Company (Statutory Auditor) Within 30 days after registration
Prepare Notice, Agenda & Minutes of First Board Meeting Within 30 days after registration
Common Seal to be Affixed on the share certificate and other documents as per rules in the Companies Act, 2013 Within 30 days after registration
Deposit of Subscription money by Promoters Within 60 days of registration
Issue Share Certificates in the name of the promoters Within 60 days of registration
Holding Board Meeting In Every Quarter
Prepare Notice, Agenda, Minutes Attendance Sheet of every Board Meeting held Within 18 months of registration
Filing of Annual Return for the Company which includes preparing & filing of below documents: Within 30 days of AGM
a. List of Shareholders
b. Board Report
c.Form MGT 9
d.Form AoC 4
e.Form MGT 7
f. Form ADT 1
g. Proposal and Appointment letters for Statutory Auditors
Maintaining the following Registers: On Regular Basis
a. Register of Members
b. Register of Directors
c. Register of share allotment
d. Attendance Register for Board and General meeting
e. Register of Contracts with directors
f. Any other Register if applicable
Any other matter to be reported in the Board Meeting or Resolutions to be issued