Introduction to Accurate Private Limited Annual Filing Service

Introduction to Accurate Private Limited Annual Filing Service

 

If you are operating a private limited company, LLC, or LLP, you have to file an annual report with the state filing office. This is required to maintain the status of your business. The failure to do so can lead to administrative dissolution of your domestic or foreign company. Also, failing to file your return can also cause your company to lose certain benefits of being a corporation or LLC.

When you file an annual report, you must include all previous annual returns, as well as other forms and documents that are currently required for your Private Limited company. If you have made any mistakes or have missing information, your company may need to file an amended annual report. A late fee will be imposed if you do not meet the deadline.

For starters, it is best to know what you are getting into. This is especially true if you are a start-up or an early-stage entrepreneur. Fortunately, the best companies are only too happy to answer any and all queries. Whether you are a sole proprietor or an executive in charge of a corporate fleet, you can count on these professionals to handle your tax returns, annual reports, and more. Moreover, they are highly knowledgeable about the latest state and federal tax laws, and can help you avoid paying more than the legal minimum. In a nutshell, a private limited annual filing service will make your life and the lives of your employees easier.

 

 

Introduction Private Limited Annual Filing Services

Introduction Private Limited Annual Filing Services

 

Private Limited Annual Filing is one of the major activities that must be done by every company. This is because private limited companies are subject to various requirements and rules. If the company does not follow the required rules, the owner can be penalized.

To ensure compliance, it is imperative that the company carries out the requirements on a regular basis. It is advisable to seek professional assistance. The owner should also consult a certified accountant for matters related to the operations.

Every Private Limited Company must have its accounts audited by a qualified Chartered Accountant. In addition, the account must be recorded in a Business Accounts Book, which includes coupons, minutes and documents.

The company must have two board meetings annually. Each meeting must be held at least seven days in advance. Directors of a private limited company must attend at least half of the meetings. They must have a valid DSC.

The annual return must be filed within sixty days of the AGM. The return must be signed by the director, manager and the company secretary. The auditor must provide an Audit Report with the financial statements.

Private Limited Companies must maintain statutory registers at all times. This includes details of members and shareholders. The company must also record the meetings of debenture holders and board meetings.

Private limited companies must file yearly returns with the Registrar of Companies. They must be recorded and stamped with a ROC.