In simple word, compliance means following rules and orders applicable on the entity. Every entity is governed under law and order and that entity needs to follow the rule and regulations prescribed by it. Legal and regulatory enforcement must be handled
Satisfied Customers
Global Business Setups
Professionals (CA,CS, Lawyers)
Offices
In simple word, compliance means following rules and orders applicable on the entity. Every entity is governed under law and order and that entity needs to follow the rule and regulations prescribed by it. Legal and regulatory enforcement must be handled as an integral part of every corporate strategy. The executive board and management must consider the scope and consequences of the company's relevant laws and regulations. They need to set up a compliance management system as a supporting risk management program, as it significantly reduces enforcement risk.
➲ Good Governance
➲ Ease in getting financial support
➲ Reduces organizational and individual risk
➲ Enhances confidence of shareholders and other stakeholders
➲ It helps in adhering to necessary industry and government regulation
➲ Cessation of business
➲ May lead to civil action by authorities
➲ Public embarrassment
➲ Damage to the reputation of the company and its employees
➲ Punitive action resulting in fines against the company/officials
|
Compliance |
NBFC compliances |
|
Company Law Compliances |
|
|
Declaration of Commencement of Business (for the applicable company) |
INC-20A Within 180 days from the date of incorporation |
|
ACTIVE KYC of the company (for the applicable company) |
INC-22A Till 25th April 2019 without late fine |
|
Directors KYC |
DIR-3KYC Till the 30th of April |
|
Director discloser his interest in other entities.
|
Within 30 days of holding a first board meeting through Form MBP-1 |
|
Every Director disclosure of non-disqualification |
through form DIR-8 Each company directors in each financial year must file a non-disqualification report with the company |
|
Every company will appoint Auditor
|
File form ADP-1 within15 days of the meeting in which auditor gets appointed |
|
Every Company shall hold Meetings of its Board of Directors every year |
Minimum number of the meeting will be 4 in such a manner that the maximum gap between two meetings not more than 120days |
|
The company must hold AGM every year |
Within 6 months from the closing of financial year |
|
Every Small Company must file its Annual Return. |
Within 60 days of holding AGM. The annual return should be filed via type MGT-7 for the period 1 April to 31 March |
|
Financial Statement: 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 |
Within 30 days of holding AGM Through form AOC-4 |
|
GST Compliance |
|
|
GSTR-3B |
On 20th of every month (if applicable) |
|
GSTR-1 (monthly) |
On every 11th day of the month (if applicable) |
|
GSTR-1 (quarterly) |
31st July 2019 (if applicable) |
|
Income Tax Compliance |
|
|
ITR Filing |
ITR-2A 30th June |
|
Labour Law Compliances
|
|
|
Annual compliances of PF (if applicable) |
Annual returns must be filed by the 30th of April in a given year Through Form 3A Form 6A
|
Additional Compliances of NBFC
|
Annual compliances |
||
|
Sl No. |
Particulars |
|
|
1 |
Monthly return through NBS7 (Unaudited for the month of March) |
on or before 30th June |
|
2 |
March Monthly Audited return through NBS7 |
Upon completion |
|
3 |
Certificate from Statutory Auditors on Income & Assets |
on or before 30th June |
|
4 |
Information about Cos having FDI/Foreign Funds |
on or before 30th June |
|
5 |
Non-acceptance of Public Deposit’s Resolution |
before the commencement of new Financial year |
|
6 |
Audited Annual Balance Sheet and P&L Account |
One month from the date of signoff |
|
7 |
Auditor’s Declaration to Act as Auditors of the Company |
annual basis |
|
Monthly compliances |
||
|
|
|
|
|
Sl No. |
Particulars |
Time limit |
|
1 |
Monthly Return |
by 7th of every month |
|
2 |
Upload monthly return on www.dnbsinfinet.org (OLD) |
by 7th of every month |
|
|
||
|
|
|
|
|
Periodical compliances |
||
|
Sl No. |
Particulars |
Time limit |
|
1 |
Director’ appointment (Annexure-III) |
within 30 days of appointment |
|
2 |
Director’s registration (Form- 32 + Challan Receipt) |
within 30 days of resignation |
Additional compliances will be applicable like;
DIR-12 on the appointment of Director
MGT-14 on passing a special resolution and on performing an activity
And other compliances as per the activity performed.
Call or WhatsApp us on +91-99991-39391 for free consultation from our team of experts. You can also email us on [email protected].
We share the detailed and reasonable estimated costs, documents and prerequisites for the complete process before starting the process to ensure transparency.
Our team warrants hassle free documentation. We collect the necessary documents and share the relevant drafts to ensure a timely filing and delivery.
Upon collecting the necessary documents and information, we waste no time in preparation and filing of your application. development on your application is brought to your attention.
On successful completion of the case we share all the relevant documents electronically and physically along with an assurance to pay you back if something is wrong.
In simple word, compliance means following rules and orders applicable on the entity. Every entity is governed under law and order and that entity needs to follow the rule and regulations prescribed by it. Legal and regulatory enforcement must be handled
An authorized money exchanger allowed to purchase foreign currency from non-residents visiting India & residents and to sell foreign currency for private and business travel purposes only are called full fledge money changers.
A business incorporated in India has to fulfill a specific set of compliance, filings, and returns as prescribed under the provisions of various corporate and tax laws. In simple words, compliance means following rules and orders applicable to the entity.
FPO is an abbreviation for a Further Public Offer. The FPO Cycle starts after an IPO. FPO is a public offering of stock by a publicly traded firm to investors at large. In FPO, the firm goes to the general public for yet another issue of shares in order t
Annual listing Compliances
An alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership is known as limited liability Partnership (LLP). The LLP can continue its existence irrespective of changes in the partne
Ensure seamless annual compliance for your Private Limited Company for just ₹9,999. Enjoy a seamless process and on-time delivery as our expert team handles all documentation. Apply now and keep your business compliant and penalty-free.
A Stock Broker License is a licensed practitioner who serves as an agent for the buying or selling of shares or securities in the secondary market on behalf of their clients and investors. Stock Brokers have allowed a individual who has the right to perfo
Bespoke advisory focused on mission critical legal, financial and business aspects.
At Corpzo, our clients’ success stories speak volumes. Discover how businesses across various industries have leveraged our expertise to achieve their goals. Read firsthand accounts of our commitment to excellence and the impact we've made in supporting their growth and compliance needs.
Working with Corpzo for our Alternative Investment Fund registration was a remarkable experience. Their deep understanding of regulatory requirements and meticulous attention to detail ensured a smooth and efficient process. The team was always available to address our queries and provided invaluable support at every step. With Corpzo's expertise, we successfully registered our AIF without any hurdles. Highly recommended for anyone navigating the complexities of AIF registration!
“
At Corpzo, we are dedicated to empowering our clients with valuable knowledge and insights. Our team of experts regularly shares in-depth articles, comprehensive guides, and industry updates on Knowledge Varsity. Whether you're looking for the latest trends in alternative investment funds or need expert advice on navigating the complexities of drug licensing, our resources are designed to keep you informed and ahead of the curve. We believe that informed clients make better decisions, and our goal is to provide you with the expertise you need to succeed.
Explore CorpZo Insights© 2024 Ultiwise Ventures Private Limited.
From Mumbai Recently Purchased @Partnership Firm Registration
