ROC Filings

ROC (Registrar of Companies) 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 to ensure transparency and accountability.

Filing ROC returns 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.

ROC 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.