ROC Annual Filings PROCess Online in Bangalore

ROC Annual Filings PROCess Online in Bangalore



The ROC annual filings pROCess online in Bangalore is a mandatory compliance that every Limited Liability Partnership must adhere to. It includes preparing financial records, statements of accounts, inventories and statements of COGS and end products as well. Moreover, the accounting is done for all income and expenditure. We help in the book-keeping for the year and completing it with reconciliations and finalisation to make it ready for filing to ROC. It is also necessary for LLPs to have their accounts audited by an accredited Chartered Accountant once their turnover crosses Rs. 40 lakh or contribution crosses Rs. 25 lakh.

Once the duly stamped Memorandum of Association and Articles of Association, required documents, forms and fees are filed with the ROC, the company is issued a Certificate of Incorporation. A private company can commence its business immediately upon receiving this, while a public company cannot start until it receives the Certificate of Commencement of Business from the ROC.

In case of a public company, a prospectus has to be filed with the ROC. This prospectus contains information about the company to be given to the public so that they can subscribe to the shares of the company. If the company decides not to approach the public for subscription, it can file a Statement in Lieu of Prospectus with the ROC.

Once the name is approved, the ROC will file the incorporation documents in Form SPICE with the attached KYC documents of promoters and proof of registered address with NOC from the landlord. The ROC will also upload the complete list of shareholders and debenture holders in their system after which it can be viewed by anyone with an internet connection.

 

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