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At PayMy Tax, we provide expert services for the submission of different ROC forms services in Delhi, ensuring that your business complies with all legal requirements and avoids any unnecessary complications.
This article will explore the types of ROC forms that companies need to submit, the importance of timely submissions, and how PayMy Tax can help streamline the process.
ROC forms are the statutory documents that companies must submit to the Registrar of Companies under the MCA. These forms cover various aspects of a company’s operations, including financial statements, annual returns, appointment or resignation of directors, changes in shareholding, and other key information.
Every company, whether public or private, is required to file specific ROC forms as mandated by the Companies Act, 2013. The timely submission of these forms helps maintain transparency and legal compliance with the corporate governance norms.
The submission of different ROC forms services in Delhi involves filing various forms, each designed for a specific purpose. Below are some of the most common ROC forms that businesses in Delhi are required to submit:
Form MGT-7 is the annual return form that every company needs to file with the ROC. It contains detailed information about the company’s shareholders, directors, and key management personnel. It also includes other essential data such as shareholding patterns and indebtedness.
When to file: Within 60 days from the date of the company’s annual general meeting (AGM).
Form AOC-4 is used to submit the company’s financial statements, including the balance sheet, profit and loss account, and cash flow statement. Filing this form ensures that the ROC has access to the company’s financial health and compliance with accounting standards.
When to file: Within 30 days of the AGM.
This form is used to notify the ROC about the appointment, resignation, or removal of directors in the company. It is crucial to file DIR-12 on time to keep the company’s records up-to-date with the MCA.
When to file: Within 30 days of the appointment or resignation.
Form ADT-1 is required to inform the ROC about the appointment of auditors for the company. Appointing an auditor is mandatory for every company, and failure to submit this form can lead to compliance issues.
When to file: Within 15 days of the AGM where the auditors are appointed.
Form PAS-3 is required when a company allots new shares. This form provides details about the shareholders, the number of shares allotted, and the price at which the shares are issued.
When to file: Within 30 days of the allotment of shares.
When a company increases or decreases its share capital, it must file Form SH-7 with the ROC. This form details the changes in the share structure of the company and ensures compliance with corporate regulations.
When to file: Within 30 days of the resolution passed for changing share capital.
Form INC-22 is used to notify the ROC about any change in the company’s registered office address. Whether it’s a shift within the city or to a different state, it’s mandatory to inform the ROC of any change in the company’s official address.
When to file: Within 30 days of the change in registered office.
Every director of a company must file Form DIR-3 KYC to update their personal information with the ROC. This form is crucial for maintaining accurate records of the company’s management and ensuring compliance with KYC regulations.
When to file: Annually by September 30th of each year.
This form is required for companies that have accepted deposits or are holding any loans or advances from members. Form DPT-3 must be filed to disclose such financial information and maintain transparency with the ROC.
When to file: Annually by June 30th.
Companies that deal with MSMEs (Micro, Small, and Medium Enterprises) are required to file Form MSME-1 to disclose any outstanding payments due to MSME suppliers. This form is part of the government’s effort to protect small businesses from delayed payments.
When to file: Half-yearly, by October 30th and April 30th.
Timely filing of ROC forms is not just a legal obligation but also a best practice to maintain good standing with the regulatory authorities. Here’s why it’s essential:
Failure to submit ROC forms on time can result in hefty penalties. The penalties increase based on the number of days delayed, which can lead to significant financial losses for the company.
By submitting the required forms, companies can demonstrate their commitment to following the law and adhering to good governance practices. Non-compliance can lead to audits, legal scrutiny, or even disqualification of directors.
Filing ROC forms ensures that your company’s information is updated in the MCA records. This transparency is crucial for investors, creditors, and other stakeholders who may need to review your company’s financial and legal standing before making decisions.
Regular ROC filings help ensure that the company’s operations are not disrupted by legal hurdles. A well-managed filing process allows businesses to focus on growth rather than dealing with compliance issues.
At PayMy Tax, we provide a comprehensive range of services to help businesses in Delhi comply with all ROC filing requirements. Here’s how our submission of different ROC forms services in Delhi can benefit your business:
Our expert team assists you with the preparation and filing of all necessary ROC forms, ensuring that you meet deadlines and avoid penalties. Whether it’s an annual return or a notification of changes in the company’s structure, we handle the entire process seamlessly.
We understand the complexities involved in preparing ROC forms. Our team ensures that all required information is accurate, reducing the likelihood of rejection or additional scrutiny from the authorities.
With PayMy Tax, you can track the status of your ROC form submissions in real-time. We provide updates and reminders so that you never miss a filing deadline.
Every company has unique compliance needs. We offer customized Annual Service Packages that include the submission of ROC forms, helping you stay compliant with minimal effort.
Our experienced legal and tax advisors guide you through the regulatory landscape, helping you understand which forms are required for your specific business situation and how to submit them correctly.
We provide ongoing support to ensure that all your compliance needs are met throughout the year. From regular filings to handling ad-hoc compliance requirements, we are here to support your business.
Choosing PayMy Tax for the submission of different ROC forms services in Delhi ensures that your business remains compliant with minimal effort. Here’s why we stand out:
The submission of different ROC forms services in Delhi is essential for maintaining your company’s legal standing and avoiding compliance issues. PayMy Tax offers expert assistance to ensure that your filings are accurate and timely, giving you the peace of mind to focus on growing your business.
Contact PayMy Tax today to learn more about our comprehensive ROC filing services and how we can help you stay compliant with ease.
PayMyTax Consultancy Pvt. Ltd. (PCPL) is a reputed company in New Delhi, India, which provides comprehensive services and solutions in the field of accounting, taxation, labour laws, corporate compliance and business management. We serve Indian and global businesses varying from small, medium to large sized firms and companies. We also have expertise and vast experience in providing end to end business solutions.