ROC Annual Compliances in Chennai - Filingpoint


Welcome to Filingpoint Chartered Accountant for ROC Annual Compliances Expert +91 72999 72500

Once your financials get certified and IT returns are filed, the next thing that needs to be done is ROC filing. ROC compliance refers to adhering to regulatory norms outlined by the Registrar of Companies, upholding transparency and safeguarding stakeholder interests. This includes preparing and filing annual statements, holding AGMs, conducting audits and meeting other compliance requisites.

Keeping a tab on ROC compliance requirements is essential for a business. This allows for an informed decision-making process while ensuring accurate tax filings. A lag in this area can lead to legal complications and costly penalties that can hurt the company's reputation.

The process of ROC annual compliance starts with meticulous practice of financial statements like balance sheets, profit and loss statements and cash waft declarations. It is followed by regular board meetings that are documented and recorded along with the responsibilities and duties of each director. Then, the audit report and resolutions handed over at these meetings are submitted to ROC as per the stipulated time frame.

Other important documents include a list of promoters and shareholders, details of share and debentures, shareholding pattern as well as changes in key managerial personnel. The annual statement should also feature the company's remuneration policy, tax computations and audit reports. It is also required to maintain necessary registers, records and documentation as prescribed by the Companies Act, 2013 as well as abide by other regulatory requisites. With professional guidance, a business can ensure that they are in accordance with all statutory regulations and avoid penalties, fines and legal proceedings.

Contact Filingpoint ROC Annual Compliances Expert +91 72999 72500

 

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