Roc Annual Compliance Of Public Limited Company

Annual Compliance for Public Limited Companies

Ensure your Public Limited Company meets all regulatory requirements with expert assistance from TaxMyles. Our trained professionals specialize in complete ROC annual compliance services for Public Limited Companies.

ROC Compliance for Public Limited Companies

  • Timely and accurate filing of annual returns and financial statements.
  • Adherence to compliance and reporting regulations under the Companies Act, 2013.
  • Efficient handling of all necessary filings for both listed and unlisted Public Limited Companies.

Overview of ROC Annual Compliance for Public Limited Companies

A Public Limited Company, as defined under Section 2(71) of the Companies Act, 2013, is a company that offers its shares to the public and has limited liability. Even if a subsidiary of a public company retains the designation of a private company in its articles, it will still be considered a public company under the Act for compliance purposes.

Ensuring annual ROC compliance for Public Limited Companies is crucial to maintaining regulatory adherence and operational transparency.

Procedure for Annual Compliance of Public Limited Company

The annual ROC compliance for a public limited company can be completed through the following steps:

  1. Complete a Simple Checklist
    Start by reviewing a checklist of tasks and requirements for annual compliance. This will ensure you have all the necessary information and documents to proceed.
  2. Gather Documents
    Collect all relevant documents, including financial statements, auditor’s report, director’s report, and other essential records. These must be submitted to authorities like the Registrar of Companies.
  3. Prepare Notices, Director’s Report & Forms
    Draft required notices, including the AGM notice, and prepare the director’s report on the company’s performance, activities, and other details. Ensure all documents are in the required format as per regulatory guidelines.
  4. File Annual Compliance Forms
    Submit completed forms and documents to the authorities, such as the ROC, via the MCA portal. This typically includes the annual return and financial statements. Ensure all forms are accurately filled out.
  5. Obtain Acknowledgment
    After filing, receive an acknowledgment from the authorities confirming that your compliance forms were received and processed. Keep this acknowledgment for your records as proof of compliance completion.

Documents Required for Annual Compliance of Public Limited Companies

Here are the key documents required for mandatory compliance of a public limited company:

  1. Balance Sheet & Profit and Loss Account
  2. Financial Statements
  3. Directors’ Report
  4. Details of Members
  5. Specifics of Directors
  6. Secretarial Certificate & Other Required Documents

Why Choose TaxMyles for ROC Annual Compliance for Public Limited Companies?

Completing ROC annual compliance demonstrates a public limited company’s commitment to transparency, accountability, and strong corporate governance. It reduces legal and financial risks while fostering trust among owners, stakeholders, and investors. Staying compliant and updated with regulatory changes is crucial for long-term success and smooth operations.

TaxMyles specializes in ROC annual compliance services for public limited companies. From initial advice to ensuring full compliance with all necessary requirements, we provide comprehensive support to help you meet your obligations efficiently.