Compliances for Private Limited Company
| Compliance Requirement | Description and Timeline |
| Appointment of Auditor | Auditor will be appointed for the 5 (Five) years and form ADT-1 will be filed for 5-year appointment. within one month |
| Statutory Audit of Accounts | Every Company shall prepare its Accounts and get the same audited by a Chartered Accountant at the end of the Financial Year compulsorily. The Auditor shall provide an Audit Report and the Audited Financial Statements for the purpose of filing it with the Registrar. |
| Filing of Annual Return (Form MGT-7) | within 60 days |
| Filing of Financial Statements (Form AOC-4) | within 30 days |
| Holding Annual General Meeting | It is mandatory for every Private Limited Company Company to hold an AGM in every Calendar Year. Companies are required to hold their AGM within a period of six months, from the date of closing of the Financial Year. |
| Preparation of Directors’ Report | Directors’ Report will be prepared with a mention of all the information required under Section 134. |
If a Company fails to comply with the rules and regulations of the Companies Act, then the Company and every officer who is in default shall be punishable with fine for the period for which default continues. If there is delay in any filing, then additional government fees is required to be paid, which keeps on increasing as the time period of non-compliance increases.
List of Annual Compliance for Private Limited Company
1. Appointment of Auditor ( within 15 days of Incorporation)
2. Annual ROC filing – Last Date ( 30th September 2018 )
a) Annual returns
b) Financial statements – Last Date (30th December 2018)
3. Annual general meeting (AGM)
4. Board Meetings
5. Reports of directors
6. Income tax – Last Date ( 30th September 2018)
7. Maintenance of records
8. Other compliances
EVENT BASED COMPLIANCES
| Particulars | Form No |
| Change in Directors or KMP | DIR-12 |
| Increase in Authorized Share capital | SH-7 |
| Increase in Paid up share capital (Issue of security) | PAS-3 |
| Change in registered office | INC-22 |
| Change in secured borrowing (Creation, modification and satisfaction of charge) | CHG-1 |
| Change of name of company | INC-24 |
| Conversion of company | INC-27 |
| Filing of resolution and agreements | MGT-14 |
