Brief about service
About
Registrar of Companies is an office under the Ministry of Corporate Affairs, which is the body responsible for dealing with the administration of companies and LLPs in India. ROC filing consists of filing of audited financial statements and annual returns, by every company registered in India, including private limited, limited company, OPCs and section 8 companies. As per the Companies Act, 2013, every company is mandated to file the Audited financial statement and annual return within 30 days & 60 days respectively from the conclusion of the Annual General Meeting (AGM).
ROC return filing offers benefits beyond the mandated requirement. At TaxWisey, we are the destination for one-stop solution related to Company/ROC Compliance and filing. The overall process is handled by our in-house experts of Professional and advisory essence. Our expert will arrange for preparing and filing necessary forms and annual returns.
What is AGM?
AGM or Annual General Meeting is a yearly gathering of a company's interested shareholders where the directors of the company present an annual report containing information for shareholders addressing the company's performance and upcoming strategy.
AGM, as per rule must be held within 6 months from the end of the financial year i.e. 30th September every year. In case of new companies, the first AGM should be held within 18 months from the date of incorporation or 9 months from the close of the financial year whichever is earlier.
Various Forms to be submitted with ROC
|
E-Form |
Significance |
Attachment(s) |
Due Date |
Applicability |
|
ADT-1 |
Filed for auditor appointment |
Appointment Letter & Confirmation letter. |
Within 15 days from the date of conduct of AGM |
Applicable to all companies
|
|
AOC-4 & AOC-4 CFS |
Annual Accounts |
Board Report, Annexures like MGT-9, CSR Report, AOC-2, Corporate Governance Report, a Secretarial Audit Report, etc. as per the nature of Company and financial statements |
30 days from the date of the AGM (In case of OPC within 180 days from the close of the financial year) |
Applicable to all companies
|
|
AOC-4 (XBRL) |
Annual Accounts in XBRL mode |
XML document of financials of the Company |
30 days from the date of conduct of the AGM |
Listed companies and their Indian subsidiary(or) a public company With paid-up capital less than or equal to 5 crores (or) With turnover greater than or equal to100 crores |
|
MGT-7 |
Annual Return |
List of shareholders, debenture holders, Share Transfer, MGT-8 |
60 days from the date of AGM. |
Applicable to all registered companies |
|
CRA-4 |
Cost Audit Report |
XML document of the Cost Audit report |
30 days post the date of receipt of Cost Audit Report (CAR) |
Companies determined as per The Companies (Cost Records and Audit Rules), 2014 |
|
MGT-14 |
Filing of resolutions with MCA about the approval of Board Report and Annual Accounts. |
Certified true copy of the resolution. |
30 days from the date of conduct of concerned Board Meeting |
Public Companies and other Listed Companies. |
Advantages of service
Acts As Existence Proof
The Government keeps the record of the existence of the companies on the basis of the regular RoC filings which every company is required to file or else the company is considered fake and can immediately be struck off by the ROC. For Instance, In case a company has not filed its Annual Return for the continuous period of 2 years, then such company would be declared as an “inactive company”.
Consequences on Directors
It is Duty of Director To make sure that Company ROC Return are filed on time with registrar of companies.If the directors of the company have failed to file both Form MGT-7 and AOC-4 for the consecutive three years, then they are disqualified to be re-appointed in the same company or appointed as director in any other company for next five years (from the date on which the said company fails to do so).
Analyze Financial Position
You must file RoC not for the sake of fear of penalties but it has various advantages too. The filing of annual forms also helps to analyze the financial position of the company as it requires the compilation of accounts for the entire year. Every company wants to know whether it is incurring losses or making profit hence, it also becomes necessary when seen in that way.
Avoids Penalty
Non-filing of Annual returns entails hefty penalties. The companies/LLP must file the ROC forms with ROC without fail, or else they will have to pay a penalty. Hence, timely filings will protect the company from the same.
Credibility
Filing ROC timely offers fast approval in cases when a company goes for any new ventures because of its credibility in the eyes of Law such as IPO, Merger & Amalgamation, Joint Venture with Foreign entity, Listing of Shares on Stack Exchanges and many more.
Acts As Existence Proof
The Government keeps the record of the existence of the companies on the basis of the regular RoC filings which every company is required to file or else the company is considered fake and can immediately be struck off by the ROC. For Instance, In case a company has not filed its Annual Return for the continuous period of 2 years, then such company would be declared as an “inactive company”.
Consequences on Directors
It is Duty of Director To make sure that Company ROC Return are filed on time with registrar of companies.If the directors of the company have failed to file both Form MGT-7 and AOC-4 for the consecutive three years, then they are disqualified to be re-appointed in the same company or appointed as director in any other company for next five years (from the date on which the said company fails to do so).
Analyze Financial Position
You must file RoC not for the sake of fear of penalties but it has various advantages too. The filing of annual forms also helps to analyze the financial position of the company as it requires the compilation of accounts for the entire year. Every company wants to know whether it is incurring losses or making profit hence, it also becomes necessary when seen in that way.
Avoids Penalty
Non-filing of Annual returns entails hefty penalties. The companies/LLP must file the ROC forms with ROC without fail, or else they will have to pay a penalty. Hence, timely filings will protect the company from the same.
Credibility
Filing ROC timely offers fast approval in cases when a company goes for any new ventures because of its credibility in the eyes of Law such as IPO, Merger & Amalgamation, Joint Venture with Foreign entity, Listing of Shares on Stack Exchanges and many more.
Quickest way for ROC - Compliance
Day-1 Title
Text for day one work.
Day-1 Title
Text for day one work.
How it works
Plans
Basic
- TURNOVER NIL
- Balance sheet preparation
- Profit and Loss statement
- Director Report
- MGT-9
- AOC -4
- MGT-7
- DIR - KYC
- Active Compliance
- Statutory Audit
- Reply to Notice if any
Premium
- TURNOVER up to 1 CR
- Balance sheet preparation
- Profit and Loss statement
- Director Report
- Shareholding List
- MGT-9
- AOC -4
- MGT-7
- DIR - KYC
- Active Compliance
- Statutory Audit
- Reply to Notice if any
Gold
- Turnover more than 1CR and up to 5 CR
- Balance sheet preparation
- Profit and Loss statement
- Director Report
- Shareholding List
- MGT-9
- AOC -4
- MGT-7
- DIR - KYC
- Active Compliance
- Statutory Audit
- Reply to Notice if any
- Income Tax Audit
Testimonials
Check out some of our Client Reviews
All the services have been appreciated and very valuable indeed. TaxWisey has not only automated my day-to-day accounting task, but has also automated my ITR and GST filing at a very affordable price. Now I can freely concentrate on my business without worrying about compliance. This has given me a true peace of mind. Thank You TaxWisey
I have been availing TaxWisey’s ITR filing service for 2 years and till now it's been a marvelous experience. The firm is composed of highly professional, prompt, efficient and courteous people. I would definitely recommend everyone to go for their services. Keep up the great work!
Deeply appreciated the expertise offered by the professionals of TaxWisey. You guys are awesome. You not only helped me in present taxes but also kept me updated on tax changes and how to prepare myself for next year. I’m sure that the team will touch new heights in the upcoming future. Good Luck!
I sincerely thank TaxWisey for their valuable insights and customized handling of our tax compliances including matters relating to ITR and GST. They have great people, knowledgeable, caring with professionalism. I have my tax problems solved and now I don’t have to worry about the headache of maintaining compliances.
TaxWisey and its team are just fantastic. They are professional, organized and totally unflappable. They also keep us focused by regularly feeding new tax updates to date. We appreciate their advice and support and have found them to be very approachable, have in-depth knowledge of taxation and accounting, trustworthy and reliable, something which we truly value.
My relationship with TaxWisey began because I needed someone to assist me on my accounting needs, but it briskly expanded and has now advanced into something so valuable that I wouldn’t make a move without it. I would highly recommend TaxWisey. They make it all seem do-able, impeccable and hassle-free.
All your Questions answered in one place
Why choose us
End to End Solution
TaxWisey offers you end-to-end solution to all your tax and business compliance problems with the help of our in-house tax experts in an user-friendly, comfortable and secure environment so that you can take the utmost advantage of the same
Affordable Prices
Usually, “professional” is inferred as “costly,” but this is not not the case at TaxWisey! By Giving us an opportunity to serve, you would be considering it as an additional cost, but on the contrary we can actually save lots of money for our clients.
Quick Support
You can connect with our customer support team to get assistance and clear your tax and finance related queries. Drop us a call for FREE Consultation anytime.
Timely Returns
Our assets are our clients. Our talented, resourceful and spirited people are the very best technically in terms of competence, always with an eye towards service and timeliness. That is our guarantee.
Accuracy
Our services are tailored in line professional ethics and confidentiality to simplify finances, save money and time. Every piece of work is checked for completeness and accuracy. The data entered goes through a robust system of scrutiny designed by our experts.
Tax Filing Guidance
A highly automated and user-friendly interface to ease your tax return preparation and filing. Our experts ensure that you get the maximum possible tax refund and exemption and do not pay more than you owe.
No Hidden charge
The charges of our mentioned services shall be inclusive of all overhead costs and there are no other expenses or costs involved of any nature. We reassure you that we stick to the fees we quote and there are no hidden costs.
Privacy
Our platform has several security layers that keep your data safe & secure. We strictly adhere to legal guidelines of data security and make sure that is given top priority.
Money Back Guarantee
Our money back introductory scheme clearly indicates our unselfishness. We value our clients' satisfaction and hence, we offer further refunds if we are for some reasons, unable to cohere to the annual timetable as per commitment.
