Annual ROC Filing Service in Lucknow

Company Annual ROC Filing Service in Lucknow

Annual ROC filing is the procedure whereby the financial statements and annual return, among other information, of a company is filed with the Registrar of Companies through the portal of the Ministry of Corporate Affairs. Annual ROC filing is a statutory compliance activity for registered companies in India. Services provided by CA Arpit Gupta & Co. in Lucknow include annual ROC filing for companies requiring assistance in MCA forms, annual return filing, financial statement filing and associated compliance activities. We assist in the preparation of all the information and completion of the entire process.

What Is Annual ROC Filing and Why Is It Important? 

The ROC annual filing process is an annual procedure of filing the company’s statutory financial statements and annual return by the company with the Registrar of Companies through the MCA portal. There are different formats to file different types of data of companies. For instance, AOC-4 is usually filed for financial statements, whereas MGT-7 or MGT-7A is used to file annual returns of the company based on the type of company. This will help the company maintain its statutory records.

Which Companies Need to File Annual Returns With ROC? 

Companies incorporated under the Companies Act are obliged to file the ROC return(s) as per their nature despite the fact that no business was transacted in that particular year. This obligation applies to the following types of companies: private limited, public, One Person Company, and Section 8 companies as per the provision in place.

These ROC forms and filing requirements vary based on the nature and size of the company and compliance requirements in place. Thus, companies need to identify the form applicable to them before making any ROC filing.

What Does Annual ROC Compliance Include? 

Compliance for annual requirements is not restricted to only one form as there are different forms which, taken together, give the full picture of the activities of the firm in the year. Here is what usually falls under this umbrella.

• Filing the company’s financial statements through the applicable MCA form.
• Filing the annual return with required company information.
• Conducting the Annual General Meeting as required.
• Maintaining statutory registers, minutes and other corporate records.
• Complete annual ROC compliance services covering every linked requirement together.

What Are the Main Forms Used for Annual ROC Filing? 

Different forms serve different purposes during the annual filing cycle and knowing which one applies to your company avoids confusion later. Here are the main ones to know.

The commonly applicable forms include:

• AOC-4: Used for filing the company’s financial statements with the Registrar of Companies.
• MGT-7: Used for filing the annual return by companies to which this form applies.
• MGT-7A: Abridged annual return form applicable to eligible One Person Companies and small companies.
• Other MCA forms: Additional forms such as ADT-1 or director-related compliances may apply separately depending on the company’s circumstances.

The right formats need to be established based on the structure of the company and the provisions of the MCA. The MGT-7A format is a special requirement for OPCs and small companies.

AOC-4 vs MGT-7: What Is the Difference? 

These two forms often get confused, though each one reports a very different part of the company's yearly activity to the Registrar.

Put in layman’s language, AOC-4 deals with the filing of the financial statements whereas MGT-7 deals with the company’s annual return. It should be noted that depending upon the company’s nature, the relevant form needs to be filed.

What Is the Due Date for Annual ROC Filing ?

The deadline for filing of ROC on an annual basis is usually connected with the company's Annual General Meeting. An application form called AOC-4 is usually submitted within 30 days from the AGM and the annual return in MGT-7 or MGT-7A form is usually filed within 60 days of the AGM.

If the company fails to file by the stipulated date, extra fees will be charged for filing ROC. Companies should hence make financial statements and annual return information before filing MCA.

What Documents and Information Are Required for Annual ROC Filing?

The documents and information needed for ROC filing every year depends on the nature of the organization. Organizations should normally maintain the following information:

• Financial statements, including the balance sheet and profit and loss statement.
• Auditor’s report and other applicable reports.
• Details of directors and shareholders.
• Shareholding pattern and other company details.
• AGM details, resolutions and required corporate records.
• Digital Signature Certificate of the authorised signatory.
• Other supporting documents or attachments required for the applicable MCA forms.

Reviewing this information prior to filing can minimize errors and delays in filing the MCA form.

What Is the Process for Annual ROC Filing? 

Filing annual returns follows a clear sequence of steps and understanding this order in advance makes the whole task feel far less overwhelming for annual compliance for Private Limited Company setups.

The annual ROC filing process generally involves the following steps:

1. Prepare the financial statements: Finalise the company’s financial statements and applicable reports.
2. Review company information: Check director, shareholder, registered office and other statutory details.
3. Conduct the AGM: Hold the Annual General Meeting and complete the required corporate formalities.
4. File AOC-4: Submit the financial statements through the applicable MCA form within the prescribed timeline.
5. File the annual return: Submit MGT-7 or MGT-7A, as applicable, within the prescribed period.
6. Maintain filing records: Preserve the filed forms, challans and MCA acknowledgements for company records.

Can ROC Filing Be Done After the Due Date ?

Yes, it is possible for an organization to file ROC late after the deadline based on the MCA provisions. However, a delayed filing can result in other compliance problems such as additional filing fees.

Organizations that have pending ROC filings need to first determine which forms need to be filed, when they are supposed to be filed, and what documentation is needed for the filing.

What Happens If Annual ROC Filing Is Not Completed? 

Delinquency in making the relevant ROC filings in time may incur extra filing charges and even regulatory penalties. Such continued delinquency may also cause complications in maintaining the statutory record keeping of the company.

The nature and the length of such delinquency may warrant some other legal or regulatory measures to be taken under the Companies Act and the other related regulations. Therefore, it is imperative for the companies to clear up their outstanding ROC filings in time.

How Much Does Annual ROC Filing Cost in Lucknow?

The cost associated with ROC filing annually in Lucknow will be dependent on the nature of the company, MCA forms to be filled, financial statement, no. of pending filings, and level of assistance needed.

The cost may comprise the fees charged by the government for filing and other professional fees. The cost of firms that have pending filings or extra compliance to undertake may be high. The cost can be quoted by CA Arpit Gupta & Co after reviewing the firm’s requirements.

How Can a CA Help With Annual ROC Filing? 

An expert Chartered Accountant can help you manage the annual ROC filing of your company by analyzing the compliance requirement for you, validating your financial and corporate details and submitting the MCA forms along with the supporting documents.

You can take professional help even if your company has missed its previous deadlines or has any outstanding ROC compliance. CA Arpit Gupta & Co. can help you with annual ROC filings, whether regular or delayed.

Why Choose CA Arpit Gupta & Co. for Annual ROC Filing in Lucknow? 

CA Arpit Gupta & Co. offers annual ROC filing services for firms who require assistance in MCA compliance. The emphasis on our service is on correct information, timeliness of submission, and proper documentation.

• MCA Form Support: Assistance with identifying and preparing applicable ROC forms.
• Document Review: Checking financial and company information before filing.
• Timely Filing: Support in tracking applicable filing timelines.
• Pending ROC Filing: Assistance with outstanding or delayed annual filings.
• Compliance Support: Guidance on annual ROC requirements and related MCA compliances.

Get Annual ROC Filing Assistance in Lucknow 

In case your business is about to make its annual ROC filing or MCA Compliance filing, then you may rely on CA Arpit Gupta & Co. for reviewing the relevant requirements and filing the same.Assistance for AOC-4, MGT-7, MGT-7A and other relevant annual ROC compliance in Lucknow. Reach us at +91-7081220600 for discussion regarding annual ROC filing requirements of your business.