What is ROC Compliances ( Annually) Overview
ROC stands for Registrar of Companies which is an office under the Indian Ministry of corporate affairs that deal with the administration of the Companies Act, 2013. ROC has been appointed under section 609 of the companies act covering the various States and Union Territories are vested with the primary duty of registering companies and LLPs floating in the respective states and the Union Territories and ensuring that such companies and LLPs comply with statutory requirements under the act. The office of ROC functions as registry records, related to the companies registered with them, which are available for inspection by members of public on payment of the prescribed fee. Moreover, there are currently 22 Registrars of companies (ROC) operating from offices in all major states of India. Besides, the central government exercises administrative control over these offices through the respective Regional Directors. It is important to comply with all compliances applicable to your company to avoid penalties and fines. Our MeraProfit team will guide you through all these compliances required to be completed since the incorporation. You can get your ROC Compliance for Private Limited Companies done through MeraProfit.
Process for ROC Compliances ( Annually)
Fill our simple form
You should fill the necessary details in our questionnaire format form and also submit the needed documents
All documents that are required as stated above should be submitted, and we will check and take care of the remaining work to file ROC compliance
Our professionals prepare all the needed documents, forms, and returns and then verified
Filing the form
We check for the files and form, present them and return which are needed with the ROC and then update your records correctly
Documents Required For ROC Compliances ( Annually)
- Balance-Sheet: Form AOC-4 to be filed by all companies while ROC filing
- Profit & Loss Account: Form AOC-4 to be filed while ROC filing by all companies
- Annual Return: MGT 7 to be filed by companies
- Cost Audit Report: Form CRA 4 to be filed by the companies
Benefits Of ROC Compliances ( Annually)
- Raising Company’s Credibility
- Attract Investors
- Maintain Active Status
- Save penalties
- Comply Legal Provision
- Safe from Strike Off
FAQs On ROC Compliances ( Annually)
Company is a corporate entity and is operated by legal rules and procedures given under the Companies Act 2013. ROC is also known as Registrar of Companies under the Ministry of Corporate Affairs looks after the compliances of Companies under its jurisdiction. Every Pvt. Ltd. company irrespective of its size has to file returns and documents to comply with the legal requirements given in the Act and is known as ROC compliances.
After the AGM for the year, every company is required to file itsAnnual Return(MGT-7) with theROC within 60 days of AGM along with the Financials(AOC-4) within 30 days of AGM. The Auditor Appointment (ADT-1) to be filed within 15 days from the AGM.
Board meeting is a meeting of Board of directors of the company held for management of the Company. First Board Meeting to be held within 30 days of date of incorporation and every Private Limited Company must hold minimum of 4 Board of Directors meeting in a year i.e. 1 in every Quarter The general procedure is Issuing Notice and Agenda, Board meeting to be held, Maintenance of Attendance register and Minutes of the meeting.
AGM is a meeting of Shareholders to be held every financial year to meet and decide upon the approval of Accounts, distribution of dividends, appointment or reappointment of directors and AuditorsFirst AGMto be held within 9 months from thedate of closing first financial year. Subsequent AGM to be held within 6 monthsfrom the date of closing of the next financial year.
Compliance is generally defined as a complying of laws, rules and regulation of India.
The Companies Act 2013 & Ministry of Corporate Affairs.
Adhering to the law saves company form the penal provisions & prosecution.
All the Companies incorporated in India are mandatory to file various forms, returns and documents with the ROC.
Annual Filing, Disclosure by Directors, Drafting of Annual return, Minutes, notices, various Certifications and updating the Statutory Register.