An Company Annual Return is a document filed by a company with the government agency responsible for company registrations. It acts like a yearly report, summarizing the company’s key information and ensuring transparency. Here’s a breakdown of what an annual return typically includes:
Company Information:
Financial Information (for some companies):
Share Capital and Ownership:
Management:
Changes During the Year:
Purpose of Annual Return:
Who Needs to File an Annual Return:
Filing Frequency:
Consequences of Non-Filing:
The filing of Company Annual Return is required as the per provisions of the company annual return under companies act 2013. Specifically, Section 92 of the Companies Act, 2013 mandates the filing of annual returns by all companies with the Ministry of Corporate Affairs (MCA) within 60 days of the Annual General Meeting (AGM) of the company.
Filing of Company Annual Return (CAR) offers several benefits to companies, some of which are:
In summary, filing of the CAR is a crucial step in maintaining a company’s compliance with regulations, and also helps in improving transparency, accountability, and governance.
Any registered company or limited liability partnership (LLP) is eligible and required to submit an annual return to the appropriate government authority in their jurisdiction. This requirement varies depending on the country or region where the company or LLP is registered. In most cases, private and public limited companies, as well as LLPs, are obligated to Company an annual return filing.
The specific eligibility criteria and filing requirements may differ based on factors such as the legal structure of the business, its jurisdiction, its financial status, and any industry-specific regulations that apply. It’s essential for company directors, officers, or members to understand their legal obligations regarding annual returns and ensure compliance with relevant laws and regulations.
Here’s a simplified version of the steps to file the Company Annual Return:
List of the documents you’ll need to file the annual return of the company or Company Annual Return (CAR):
Directors or authorized officers of a registered company or limited liability partnership (LLP) are responsible for filing the annual return with the appropriate government authority.
Black Tie can offer a variety of services to assist you with filing your annual return in India, saving you time and ensuring compliance with regulations. Here’s what you can expect from Black Tie Legal Services India LLP:
Understanding Requirements:
Form Filling and Filing:
Additional Services:
© 2024 Black Tie Legal Services India LLP. All rights reserved.
WhatsApp us