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Leave all your compliances related worries on TrademarkBazaar and focus on the core competence of your Private Limited Company.
In today’s competitive business landscape, managing a business is not an easy job. One needs to have the ability of managing hundreds of things at one point of time perfectly. Giving a formal structure to your business venture is one thing but making it sustainable on all fronts is another thing. For any businessman, there are various elements that need careful attention of him or her such as timely filing of taxes, employee salaries, new business development, payment schedule, taxation, performance measurement and many others. Among these, another most crucial aspect is annual compliances for a Private Limited Company.
Below is a list of all annual compliances that are mandatory for every Private Limited Company and must be fulfilled according to law.
In a Private Limited Company, the gap between two board meetings should not be more than 120 days, it is a maximum gap. The presence of directors is necessary in the board meeting. The proceedings of the meeting should be recorded and minutes of the same must be maintained at the Registered Office.
Annual General Meeting (AGM)
One shareholders meeting every year is mandatory in a Private Limited Company. The primary agenda of this meeting should include financial statements approval, and appointment of auditors etc.
Annual Filing of Forms
Besides annual financial statements, there are two forms that need to be submitted every year. Details regarding shareholdings, directors, financial etc. must be certified by a practicing Chartered Accountant or Company Secretary before filing.
Annual Forms by Directors
The company directors should reveal about their directorship in other companies on an annual basis.
Statutory Register Upkeep & Minutes Book
There could be a number of registers that need to be maintained, such as Register of Member, Register of Directors, Register of Contracts, and Register of Charges etc.
There are several event-based compliances that need to be met such as:
In order to meet all the above given annual compliances for a Private Limited Company, there is a lot of paperwork to be done. At Trademark Bazaar, we take out the hassle on your behalf and ensure that all annual compliances are met perfectly and professionally. Our in-depth knowledge of various financial and regulatory technicalities helps us carry out the job in an efficient manner. From Private Limited Company Incorporation to its efficient functioning, we aspire to provide all associated services under one roof.
Our professionals clearly understand the cost of non-compliance that could be huge penalty or imprisonment. They are ready to help you at every stage of the business cycle in an efficient manner.