ROC Annual Returns filing

Every company and limited liability partnership (LLP) registered in India has to file its annual returns with the Registrar of Companies (RoC) under the Ministry of Corporate Affairs (MCA). These returns are the official records of the financial and operational activities of the entity for the previous financial year. They are also the means of ensuring the compliance of the entity with the provisions of the Companies Act, 2013 and the LLP Act, 2008.

The requirements and due dates of RoC annual returns filing vary depending on the type and size of the entity. Some of the common types of entities and their RoC annual returns filing are:

Private Limited Company: A private limited company is a company that has a minimum of two and a maximum of 200 shareholders and restricts the transfer of its shares. A private limited company has to file the following returns with the RoC:

• Form AOC-4: This form contains the financial statements of the company, such as the balance sheet, the profit and loss account, the cash flow statement, and the notes to accounts. The form has to be filed within 30 days of the annual general meeting (AGM) of the company or within 180 days of the end of the financial year, whichever is earlier.
• Form MGT-7: This form contains the annual report of the company, such as the shareholding pattern, the directorship details, the auditor’s report, and the board’s report. The form has to be filed within 60 days of the AGM of the company or within 210 days of the end of the financial year, whichever is earlier.
• Form ADT-1: This form contains the appointment or re-appointment of the statutory auditor of the company. The form has to be filed within 15 days of the AGM of the company or within 165 days of the end of the financial year, whichever is earlier.

Public Limited Company: A public limited company is a company that has a minimum of seven shareholders and no limit on the maximum number of shareholders. It can also offer its shares to the public through an initial public offering (IPO) or a follow-on public offer (FPO). A public limited company has to file the same returns as a private limited company, along with some additional returns, such as:

• Form PAS-3: This form contains the details of the allotment of shares to the public or private investors. The form has to be filed within 15 days of the allotment of shares.
• Form SH-11: This form contains the details of the return of allotment of shares. The form has to be filed within 30 days of the allotment of shares.
• Form MGT-14: This form contains the details of the resolutions passed by the board of directors or the shareholders of the company. The form has to be filed within 30 days of the passing of the resolution.

LLP: An LLP is a hybrid entity that combines the features of a partnership and a company. It has a minimum of two partners and no limit on the maximum number of partners. It also has limited liability for its partners and flexible management structure. An LLP has to file the following returns with the RoC:

• Form 8: This form contains the statement of accounts and solvency of the LLP, such as the balance sheet, the profit and loss account, and the statement of assets and liabilities. The form has to be filed within 30 days of the end of six months of the financial year or within 180 days of the end of the financial year, whichever is earlier.
• Form 11: This form contains the annual return of the LLP, such as the details of the partners, the contribution of the partners, the turnover of the LLP, and the summary of the LLP. The form has to be filed within 60 days of the end of the financial year.

NBFC: A non-banking financial company (NBFC) is a company that provides financial services, such as loans, deposits, investments, insurance, leasing, etc., but does not have a banking license. An NBFC has to register with the Reserve Bank of India (RBI) and comply with its regulations. An NBFC has to file the following returns with the RoC:

• Form NBS-1: This form contains the quarterly return on deposits of the NBFC. The form has to be filed within 15 days of the end of the quarter.
• Form NBS-2: This form contains the quarterly return on prudential norms of the NBFC, such as the capital adequacy ratio, the asset classification, the provisioning, the income recognition, etc. The form has to be filed within 15 days of the end of the quarter.
• Form NBS-3: This form contains the quarterly return on liquid assets of the NBFC. The form has to be filed within 15 days of the end of the quarter.
• Form NBS-4: This form contains the annual return of the NBFC, such as the balance sheet, the profit and loss account, the auditor’s report, and the director’s report. The form has to be filed within 90 days of the end of the financial year.

Why Choose Bass Biz?

RoC annual returns filing is a complex and tedious process that requires a lot of expertise and attention to detail. Any mistake or delay in filing the returns can result in penalties, fines, or even prosecution. Therefore, it is advisable to outsource your RoC annual returns filing to a professional and reliable service provider like Bass Biz.

Bass Biz is a leading business consulting firm that offers a comprehensive range of services for RoC annual returns filing in India. We have a team of qualified and experienced chartered accountants, company secretaries, lawyers, and consultants who can handle all your RoC annual returns filing needs with ease and efficiency. We can help you with:

• Registration and enrolment with the RoC and the MCA
• Preparation and filing of the required forms and documents with the RoC and the MCA
• Calculation and payment of the applicable fees and charges with the RoC and the MCA
• Maintenance and updation of the statutory records and registers with the RoC and the MCA
• Representation and liaison with the RoC and the MCA in case of queries, notices, audits, or inspections
• Advice and guidance on the latest updates and changes in the RoC and the MCA regulations and procedures

Bass Biz is your one-stop solution for all your RoC annual returns filing in India. We offer quality services at affordable prices and ensure timely and hassle-free compliance. Contact us today and let us take care of your RoC annual returns filing worries.