Annual compliance refers to the obligation on entities to fulfill certain requirements annually to operate within the framework of Indian laws. Annual Compliance for Companies & LLPs in India, Annual Compliance for Companies LLPs in Noida India. This will include mandatory form filings, which need to be filed with statutory bodies to ensure compliance.
These filings ensure that the company remains compliant with regulatory norms, maintains good governance, and avoids legal or financial penalties.
Importance of Annual Compliance:
- Protect stakeholders’ interests
- Maintain accurate records of financial and non-financial activities.
- Strengthen the company’s operational integrity
- Build Trust between stakeholders and attract investors
- Streamline operations and minimize legal issues.
- Prevent company dissolution or being struck off
Here we will discuss the requirements of annual compliance related to Private Limited, Public Limited Company, and LLP:
Private Limited Company & Public Limited Company:
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Company Law Compliance
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Declaration of Commencement of Business
(for applicable company)
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INC-20A
Within 180 days from the date of incorporation
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Directors KYC
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DIR-3KYC
Till the 30th of Sep
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The director discloses his interest in other entities.
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Within 30 days of holding the first board meeting
through Form MBP-1
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Every Director's disclosure of non-disqualification
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Through form DIR-8, each company director in each financial year must file a non-disqualification report with the company
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Every company will appoint an Auditor
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File form ADP-1 within 15 days of the meeting in which the auditor is appointed
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Every Company shall hold Meetings of its Board of Directors every year
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Minimum number of meetings will be 4, in such a manner that the maximum gap between two meetings is not more than 120 days
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company must hold an AGM every year
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Within 6 months of the closure of the financial year
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Every Small Company must file its Annual Return.
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Within 60 days of holding the AGM.
Annual return should be filed via type MGT-7/7A for the period 1 April to 31 March.
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Financial Statement: The Company is expected to file in this form their Balance Sheet along with Statement of Profit and Loss Account, Cash Flow Statement, and Directors ' Report.
Annex: Balance sheet, Statement of Profit & Loss Account (including Consolidated Financial Statement), Board of Directors, Auditors ' Board, Statement of Cash Flow, and AGM Notice
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Within 30 days of holding the AGM
Through form AOC-4
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Initial Return for disclosure of details of outstanding money or loan received by the company but not considered as deposits in terms of rule 2(1)(c) of the Companies (Acceptance of Deposits) Rules, 2014
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Till 30th June of every financial year, through Form DPT-3
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As per Orders 2 and 3 of the Companies (Furnishing of Information about Payment to Micro and Small Enterprise Suppliers) Order, 2019, companies must file Form MSME-1 if they default or delay payments to micro and small enterprise suppliers. This requirement is mandated under Section 405 of the Companies Act, 2013, and Section 15 of the MSME Development Act, 2006.
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Till 30th April for the half year (October to March)
Till 31st October for another half (April to September)
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Every individual who becomes a beneficial owner or experiences a change in their beneficial ownership must submit a declaration in Form No. BEN-1 to the reporting company, disclosing their substantial beneficial ownership or any modifications thereto.
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Every company must update the Registrar of Companies (ROC) regarding any changes in Significant Beneficial Ownership in compliance with Section 90 of the Companies Act, 2013, and Rule 4 of the Companies (Significant Beneficial Owners) Rules, 2018.
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BEN-2 intimating to the ROC regarding the beneficial ownership
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Within 30 days from the date of BEN-1
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Maintaining Statutory Registers
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- Registers of members
- Register of directors and KMP
- Register of Deposit
- Register of Charge
- Minutes book
And others as applicable as per the Companies Act 2013
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As per the provisions of section 117 read with 179,
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Every public Company is required to file Form MGT-14 with the ROC within 30 days of the approval of the Directors’ Report and the Financial Statement with the ROC.
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Appointment of RTA
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Every Public company and non–small companies need to appoint an RTA and get securities dematerialised.
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Annual Compliance of LLPs
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No.
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Agenda
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Particulars
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e-forms
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Due Date Form Filling
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1
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Statement Of Account & Solvency
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Every Limited Liability Partnership (LLP) must file a "Statement of Accounts and Solvency" in the prescribed form with the Registrar of Companies (ROC) annually, as mandated under Section 34(3) of the LLP Act, 2008.
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Form-8
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30th October
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2
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Annual Return
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Every Limited Liability Partnership (LLP) must file its Annual Return (Form 11) with the Registrar of Companies (ROC) within 60 days from the close of the financial year.
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Form-11
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30th May
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FAQs – Annual Compliance for Companies & LLPs in India
Q 1. What is annual compliance for companies and LLPs in India?
Ans. Annual compliance refers to mandatory filings and disclosures that Companies and LLPs must submit to statutory authorities like the MCA every financial year.
Q 2. Why is annual compliance mandatory for companies and LLPs?
Ans. It ensures transparency, legal validity, and adherence to the Companies Act, 2013 and LLP Act, 2008, helping avoid penalties and disqualification.
Q 3. What are the key annual compliance filings for private limited companies?
Ans. Major filings include AOC-4, MGT-7/MGT-7A, ADT-1, and DIR-3 KYC, along with income tax returns and statutory audits.
Q 4. What are the annual compliance requirements for LLPs?
Ans. LLPs must file Form 8 (Statement of Accounts & Solvency), Form 11 (Annual Return), and income tax returns annually.
Q 5. What happens if annual compliance filings are delayed?
Ans. Late filings attract heavy penalties, additional fees, and may lead to director disqualification or LLP strike-off.
Q 6. Is annual compliance required even if there is no business activity?
Ans. Yes, even dormant or inactive Companies and LLPs must complete annual compliance to remain legally active.
Q 7. Who is responsible for annual compliance filings?
Ans. Directors of companies and designated partners of LLPs are legally responsible for ensuring timely compliance.
Q 8. Can annual compliance for Companies & LLPs be outsourced in Noida?
Ans. Yes, professional compliance service providers in Noida offer end-to-end annual compliance management.
Q 9. What documents are required for annual compliance filings?
Ans. Financial statements, auditor reports, director/partner details, DSCs, and statutory registers are typically required.
Q 10. How can professional support help with annual compliance?
Ans. Experts ensure accurate filings, timely submissions, reduced compliance risk, and full adherence to Indian regulatory laws.