Annual Compliance Services Annual compliances are compulsory for every certified company, whether a single business is undertaken or none. The annual compliances for Private Limited companies include filing of various forms, such as Annual Return (Form MGT-7), Financial Statements (Form AOC-4), and Income Tax Returns (ITR). These are crucial legal and regulatory obligations that must be met every year. These compliances are prescribed under the Companies Act, 2013 and regulated by the Ministry of Corporate Affairs. Meeting these compliances within their due dates is essential to avoid penalties and maintain compliance with the law. LLP Annual Filings LLP Annual Filing involves the submission of two ROC forms to the Registrar of Companies annually. Statutory obligations include filing Annual Return (Form LLP 11) within 60 days and Statement of Account & Solvency (Form LLP 8) within 30 days. LLPs must adhere to statutory requirements like Annual Returns, Income Tax returns, Profit and Loss accounts, and Balance sheets, irrespective of business activities, following the financial year from 1st April to 31st March, similar to companies. CFSS The Companies Fresh Start Scheme (CFSS) aims to help companies that have suffered during pandemic times. It applies to those who have failed to submit documents with the company registers. It aims to safeguard entrepreneurs from prosecution for delayed document filing. Normal fees apply under Companies Rules, 2014, including MCA 21 registry filings. Companies with ongoing appeals against prosecutions must withdraw them before applying for CFSS. If no appeal exists, CFSS allows filing within 120 days, granting immunity for 6 months. Companies facing court cases or management disputes are ineligible for immunity. Secretarial Audit Secretarial Audit, a facet of overall compliance management, serves as a vital tool in identifying and rectifying noncompliance within an organization. Conducted by an independent professional, it scrutinizes adherence to legal and procedural requirements, ensuring compliance with laws and regulations.