Company Annual Filing
Simple Returns Process
Fulfill all the compliance requirements of your Company every year the most convenient way possible – online. With CAFilings excellent support at best price, Annual return filing is a simple process
What is Company Annual Return Filings?
Annual General Meeting must be conducted by companies at the end of each financial year and an annual return must be filed with the Ministry of Corporate Affair to maintain compliance. Normally the financial year starts on April 1st and end on 31st March, in India. Annual General Meeting should be held within 18 months from date of incorporation or 9 months from the date of closing of financial year whichever is earlier, for newly incorporated Companies. Subsequent Annual General Meeting should be held within 6 months from the end of that financial year.
Balance Sheet, Profit & Loss Account, Compliance Certificate, Registered Office Address, Register of Member, Shares and Debentures details, Debt details and information about the Management of the Company all are consisted in annual returns of the company. Shareholding structure, changes in Directorship and details of transfers of securities of the company all are disclose in annual return of the company. CAFilings can assist you for filing your Company's annual return in India.
- Annual return filing
- ITR filing
- Secretarial services
- Compliance management
- Annual return filing
- ITR filing
- Secretarial services
- Compliance management
- Annual return filing
- ITR filing
- Secretarial services
- Compliance management
Business Financial Transactions Accounting
The accounting of account need to be maintained so that it reflects correct financial position of the company and its suppliers and customers, regular reconciliation of bank statement and the ledger of bank maintained by the organisation must be reconciled so that both is synchronised. The difference between the bank balance and the balance in bank ledger maintained by accountant is obvious as the accountant records debit the moment it issues a cheque whereas the bank reduces the balance only when the cheque is presented and subsequently it is paid by the banker to the presenter. These days accountants play a very significant role in managing the business.
Low Volume
- Accounting Data Soft Copy
- Trial Balance
- Profit & Loss Account
- Balance Sheet
- Upto 50 entries per month
Medium Volume
- Accounting Data Soft Copy
- Trial Balance
- Profit & Loss Account
- Balance Sheet
- Monthly Reporting
- 50 to 100 entries per month
High Volume
- Accounting Data Soft Copy
- Trial Balance
- Profit & Loss Account
- Balance Sheet
- Weekly to Fortnightly Reporting
- Upto 200 entries per month
Audited Annual Financial Statement
A company is required to prepare financial statement for period ending 31st March every year. Such financial statement must be give a true and fair view of the state of affairs of the company and comply with the accounting standards notified by the central government under Section 133 of the Companies Act. Such financial statement must be prepared in the form and format which may prescribed for a specific type of company for a private limited company schedule VI is the appropriate form.
Annual Turnover less than 10 lakhs
- Audited Annual Financial Statement
- Auditor's Report
- Significant Accounting Policies/ Notes to accounts
Annual Turnover less than 50 lakhs
- Audited Annual Financial Statement
- Auditor's Report
- Significant Accounting Policies/ Notes to accounts
Annual Turnover less than 100 lakhs
- Audited Annual Financial Statement
- Auditor's Report
- Significant Accounting Policies/ Notes to accounts
Highlights of Company Annual Filings Process
Separate Legal Entity
A company has a separate legal entity identity, from its owners or shareholders. Companies are having distinct legal entity which is different from its promoters and is treated separate under law with the registration of the company according to the law in force.
Uninterrupted Existence
A company has 'perpetual succession uninterrupted existence until it is legally dissolved. A Company being a separate legal person doesn’t matter how many shareholders, directors and officers join or leave, company will continue to exist unaffected by the death or other departure of any person.
Borrowing Capacity
A company enjoys better avenues for borrowing of funds. Not only the companies has more options for taking financial assistance from financial institutions and banks but also enjoys an advantage of borrowing funds, the option of issuing debentures secured as well as unsecured and convertible debentures are always available to it.
Easy Transferability
In Companies limited by shares, shares of the company are transferable to any other person by shareholders. Signing, filing and handing over a share transfer form along with share certificate to the buyer of the shares can easily transfer shares.
Owning Property
A company on its own name can sale, purchase, possess, own, enjoy and transfer property rights to anyone. On As long as the the property of the company exist, no claim can be made upon by the shareholder.
Limited Liability
In Company limited liability implies, the owners or shareholders are not held personally responsible for the liabilities of the company. Limited Liability means the status of being legally responsible only to a limited amount for debts of a company i.e only liable for unpaid shares of capital of the company held by them and not more than that.
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Process of Company Annual Filing Process
Company Annual Filing
CAFilings can assist file the mandatory annual return and maintain annual compliance with the Ministry of Corporate Affairs for your Company.
Annual Return Preparation
CAFilings expert will prepare your Annual Return on the basis of financials and performance documents and information submitted for the previous financial year, and send for your approval.
Annual Return Verification
CAFilings compliance expert will prepare your Annual Return in the required format on the basis of details submitted and send for your verification, approval and affixing the digital signature.
Project Finalization
After your approval our expert will file your Annual Return with the Ministry of Corporate Affairs along with the necessary attachments.
