Advantages of Public Limited Company Annual Filing

Proper compliance according to company law is the obligation of every company, it creates transparency. The regular compliance increases the credibility of the company.

The Annual Compliance helps in marinating active status.

Regular annual compliance results in assuring the clients that the company is regularly reviewing its operation. So, they can trust the company regarding their operations.

Annual compliance gives a competitive edge in the market. It can be used in advertising the business & assuring the investors or customers about the company’s business.

Annual compliance by the companies ensures that the data collected for annual compliance is correct.

Many times small businesses end up with heavy penalties as they do not comply with annual compliances. So, regular annual compliances result in avoiding heavy penalties.

Why L-Man as Service Provider for Your Company Annual Filing?

Entire team of Ebizfiling consists of Highly qualified CA, CS, Lawyers and business administrators. Ebizfiling would be a one stop destination for Company Compliance / ROC Compliance and filing and entire gamut of Professional and advisory services in India. EbizFiling has also come up with E-Retainer Concept, which is more than just Virtual CFO Services. Our Retainership Packages will absolve you of all worries of taking care of book-keeping, returns filing, advisory, HR, Payroll, Vendor Management and many other legal compliances. You may get in touch with our compliance manager on 09643203209 or email at info@ebizfiling.com for free consultation and to know more about the services provided by us.

What are the Major Annual Compliance for Public Limited Company?

Form MGT 7: The Public Limited Company requires to file Annual Return in Form MGT-7 regarding the latest information about the directors and shareholders of the public limited company.

Form AOC 4: Financial Statements in Form AOC-4 to be filed with the Balance Sheet, Profit and Loss Account, Directors’ Report, Cash Flow Statement, Auditor’s Report, and the Consolidated Financial Statement.

Form ADT 1: The auditor for the Company shall be appointed by the Board of Directors within a period of 30 (Thirty) days from the Date of incorporation of the Company. The appointment shall be filed in ADT-1.

Form MGT 8: When a Public Company has paid up share capital of 10 Crore or more or turnover of Rs. 50 crore or more shall be certified by a Company Secretary in Practice.

DIR-3 KYC: All directors are required to file a form to do the KYC with the RoC in form DIR 3 KYC, if you have already submitted the form then one needs to verify the OTP over email and mobile no. otherwise all new director needs to submit this form.

Form DPT 3: The Return of Deposit should be filed before the Registrar of Companies in FORM DPT-3.

Form MBP 1: Every director shall in its first board meeting disclose about the interest in any company, firm or other AOI (including any shareholding interest) by filing Form MBP 1.

Form MR-3: Form MR 3 needs to be filed by all the listed public company for Secretarial Audit Report. Also, The Unlisted Public companies if it has paid up share capital of equal to or more than 50 Crores or E a turnover of 250 Crores or more has to obtain secretarial audit report in form MR-3 from Practicing Company Secretary.

Form MGT-14: for Adoption of Financials and Director’s Report

Form MGT-15: regarding an exclusive report on the Annual General Meeting (AGM) of the company.

Income Tax returns: Every Public Limited Company is required to file its Income Tax Returns every year.

Documents required for Public Limited Company Annual filing

Balance sheet

Consolidated financial statements

Directors report

P&L Account

Details of the Members

Details of Directors and Secretarial Certificate (if applicable) & other necessary documents