Maintain Annual Compliances for your Company

There are various annual compliances for a company to file, such as minutes of board meetings, income tax, GST returns and directors' disclosures to the Registrar.

Great Solution helps a Private Limited Company draft & file financials, issue share certificates, update the statutory registers and file various annual compliances online in an easy and hassle-free manner.

simple & transparent pricing

Basic

All inclusive of government fees

₹ 18499/-

  • ROC Annual return filing
  • income tax return filing
  • secretarial services
  • compliance management for a company with a turnover of less than Rs.10 lakhs per annum

Economical

All inclusive of government fees

₹27699/-

  • ROC Annual return filing
  • Income tax return filing
  • Secretarial services
  • Compliance management for a company with a turnover of less than Rs.50 lakhs per annum.

Money Saver

All inclusive of government fees

₹36999/-

  • ROC Annual return filing
  • Income tax return filing
  • Secretarial services
  • Compliance management for a company with a turnover of less than Rs.100 lakhs per annum.

What are Annual Compliances for a Private Limited Company?

All companies, including a private limited company, must file annual returns with the Ministry of Corporate Affairs (MCA) each year. Annual return consists of the following information and documents:

  • Balance Sheet of the Company
  • Profit & Loss Account
  • Compliance Certificate
  • Registered Office Address
  • Register of Members
  • Shares and Debentures details
  • Debt details and information about the Management of the Company
  • The shareholding structure of the Company
  • Changes in Directorship and details of transfers of securities.

Companies need to conduct an Annual General Meeting (AGM) at the end of each financial year and file annual income tax returns. Even dormant companies with no transactions are required to file income tax return each year by submitting Form ITR -6.  A newly incorporated company can hold its Annual General Meeting within 18 months from the date of incorporation or 9 months from the date of closing of financial year, whichever is earlier. Subsequently, it can hold AGMs within 6 months from the end of that financial year. Since in India, the financial year starts on April 1st and end on 31st March, a company's annual return would be due on or before 3oth September.

As a private limited company expands its business, and raises its capital to accommodate shareholders it leads to even more increase in various compliances.

Need for caution

The businesses that tend to avoid fulfilling their compliance requirements in their opening years, end up paying heavy penalties (up to Rs 1 lakh a year) for their failure to do so. In extreme cases, such companies and their directors are even blacklisted for a certain period of time.

So, companies should not let their compliance requirements pile up. Any deficiency in compliances will not serve them good when they look for investment or a bank loan, for which compliances with the Registrar of Companies' (RoC's) requirements are mandatory.

Why Great Solution?

Keeping you updated

Our business and legal experts will ensure that your business is run in accordance with the laws of the land. We would keep you up-to-date with all the changes introduced by the RoC throughout the year.

Extensive Portfolio

We provide comprehensive cloud based compliance management services that include financial statement preparation, secretarial services, income tax return filing and MCA annual return filing. Our services also include GST return filing services, TDS return filing services, advance tax computation and payroll processing.

Cost-effective services

Great Solution will fulfil all your compliance requirements for a fraction of the price charged by company secretaries. Our powerful tech platform helps keep the costs at bare minimum.

Smooth coordination

By handling all your paperwork, we make your interaction with the government as smooth as possible. You will sail through the entire process seamlessly.

Proactive approach

Great Solution’s team of experienced business advisors handles all your compliance requirements to your entire satisfaction. Our efforts are to ensure that your doubts are cleared before you them across to us.

Dedicated Expert Support

We will assign you a dedicated Compliance Manager who will help you maintain all the compliances for your company. The Compliance Manager will help your company maintain accounts and will prepare the financial statement for your business at the end of financial year. Our Compliance Manager will also help you prepare minutes of board meetings and create all secretarial reports such as Directors Report and Annual Report each financial year.

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Contact Information

+91 96547 28811

Head Office
Great Solution,126 Hari Nagar, Ashram,
Near Ashirward Hospital, New Delhi 110014
info@greatsolution.in

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