Company Annual Filings

Company annual filings are mandatory compliances for every registered company in India. These filings include the submission of financial statements, annual returns, and other necessary documents to the Registrar of Companies (ROC) to ensure transparency and accountability.

Registering for company annual filings ensures legal compliance, enhances transparency, builds investor confidence, and helps avoid penalties for non-compliance.

The process involves preparing financial statements, conducting an audit, holding an AGM, filing the annual return and financial statements with the ROC, and paying the required filing fees.

The cost varies depending on the size of the company and the professional fees charged by Chartered Accountants. It's best to check the current fee structure with your service provider.

The process typically takes a few weeks, depending on the complexity of the financial statements and the efficiency of the audit and filing process.

While it's not mandatory to have an attorney, it can be beneficial to ensure your filings are correctly submitted and to handle any legal issues that may arise during the process.

Company annual filings are specific to India, but similar compliance requirements exist in other countries. It's important to comply with the regulations of the country where your company is registered.

If an opposition is filed, you will need to respond to the opposition notice. The ROC will review both sides' arguments before making a decision.