ROC Annual Filing

     Introduction     The annual report and audited financial statements that a company has to submit to the Ministry of Corporate Affairs on time or before the deadlines are referred to as "ROC filings." A company will be charged with a prescribed fine if it fails to file annual returns as specified by the Companies Act, 2013. In this article, we will focus on two types of annual compliance of Private Limited Company , namely AOC-4 for financial statements and MGT-7 for company annual returns. Both are submitted to the MCA within the allotted time frames of 30 days for AOC-4 and 60 days for MGT-7 following the Annual General Meeting (AGM).     What are Form AOC-4 and MGT-7?     Form AOC-4 is used to file a company's financial statements at the end of each financial year. This form is submitted to ROC. Financial statements are a tool that the Board of Directors and shareholders use to evaluate the performance of the company. The company only ...

  Introduction         Starting a business involves complying with a lot of rules and guidelines. If you've established a Limited Liability Partnership as your business structure, you must meet with many annual compliance for Limited Liability Partnership specified by authorities and laws. In this blog, we will learn about different LLP   annual compliance filed by an LLP. We at Ebizfiling will help you file those within the due date.     What type of business form is known as LLP?     A Limited Liability Partnership is a combination of company structure and partnership firm. LLP also limits the liability of partners to the capital contributed and governed by LLP Agreement. The incorporation, compliance and other regulation are governed by the Companies Act, 2013 as well as LLP agreement created at the time of registration of LLP under Limited Liability Act, 2008.     Annual Compliance of a Limited Liability Partnership  ...

  Introduction   International firms might find it difficult to hire people from India, because of the complex labor laws of the country. This is why many companies hire employees through a PEO ( Professional Employer Organization ). PEOs manage all facets of human resources, including compliance, onboarding, payroll, and tax filing and deductions, and employee health insurance. In this post, we'll go through the benefits employees may get from using PEO services in India.   What do you mean by PEO?   An HR outsourcing option that manages all payroll and HR responsibilities is known as the Professional Employer Organization (PEO). In other words, PEOs control compliance and statutory benefits (as per Indian labor laws) while serving as a co-employer to your employees.   PEO services in India   simplify administrative HR tasks like payroll, compliance, and workers' compensation while providing your employees with better, more affordable benefits.   Why ...