Company Compliance Services in Bangalore

We offer various Company Compliance services in Bangalore starting from Annual MCA Return Filing, Income Tax Compliances, Maintenance of Statutory Registers, Books of Accounts, Annual RoC Filings, Annual General Meetings, and maintaining minutes of these meetings.

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Why Company Compliance is Mandatory for companies ?

Every company registered in India, including private limited, limited company, one-person company, and section 8 company must file annual returns with ROC every year. It requires conducting an Annual General Meeting and filing annual accounts with ROC. AGM must be held within 6 months from the end of the financial year i.e. 30th September every year.

In the case of new companies, the first AGM should be held within 18 months from the date of incorporation or 9 months from the close of the financial year whichever is earlier. Companies Act 2013 mandates that your financial year should start from 1st April and end on 31st March.

What are Company Compliance 

Companies need to comply with various legal formalities. Mandatory important annual formalities for companies are

  • Annual MCA Return Filing
  • Income Tax Compliances
  • Statutory Audit requirements
  • Maintenance of Statutory Registers and Books of accounts
  • Annual RoC Filings
  • Annual General Meetings and maintaining minutes of these meetings
  • Directors’ Report
  • DIR-3 KYC
  • Board Meetings and maintaining minutes of the meetings
  • Circulation of Financial Statements and other documents

Why should you think of outsourcing statutory compliance services needs?

A group of rules and regulations commands the world of business. To top it all, there are rules and regulations laid down by the central as well as state government. These are also bound to change from time to time based on government decisions.

Any company or business has got two important aspects. The first is internal governance or management. Kaimar Groups can guide, support, and assist you through its governance risk and compliance.

The second is the external compliances like legal and HR compliances. Here too, Kaimar Groups can make a big difference.
We can manage all the following compliance solutions activities for your business or organization.

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Company Compliance

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LLP Registration Vs Private Limited Company Registration? Which One to choose

LLPs are similar to Private Limited Companies concerning compliance and operational obligations. Recognized as a separate legal entity from the partners, it can contract or be involved in any legal proceedings in its name. That allows the partners of an LLP to assign business liabilities or debts being recovered from their assets. The compliance requirement here is greater than regular partnership firms. However, Compared to a private limited company structure, it is easier to incorporate and maintain.

As a drawback, ownership transfer of a Limited Liability Partnership is not as easy as of a company. Neither an LLP can issue ESOP. For this reason, LLP is not the most ideal choice for startups who want to hyper-grow, seek seed investor or venture capital funding, or issue share capital to their employees.

Click here to know about private limited company Registration.