annualfiling

Introduction to Leading Private Limited for Annual Filing Services   Private limited companies have several requirements that need to be met in order to maintain a good record. These include the filing of an annual return, auditing the accounts and preparing the books of accounts. In addition, a company needs to record board meetings, debenture holders' meetings and minutes of board meetings.  If a private limited company fails to comply with any of the regulations, it can face a penalty. It is important to seek professional services to ensure that the private limited company meets its statutory requirements. The Companies Act, 1956 is a law that has been changed in 2013. This legislation has introduced strict reforms that ensure the smooth functioning of the company. Besides, this law also gives private limited companies a separate legal status. Every private limited company must follow the procedures stipulated in the Act. They are also expected to keep t...

Introduction to Leading Private Limited for Annual Filing Services Private Limited Company has the status of a separate legal entity and it has its own specific laws and regulations. In order to remain active, a company needs to comply with several compliances and other administrative procedures. This includes filing of annual return, reporting to investors, ensuring proper compliance, and keeping statutory registers. Some of the private limited companies may require specialized services for this purpose. These services include filing audited financial statements, and Income Tax returns. Annual Return is a form filed with the MCA that enumerates the business activities of a private limited company. The privatelimited company should prepare an annual financial statement, a balance sheet, and a profit and loss account. They also need to conduct two board meetings per year. The first annual board meeting must be held within 30 days of incorporation. The meeting must be at...