Annual Compliance For Foreign Subsidiary
Foreign Subsidiaries, apart from attracting compliance requirements as any other company in India would do, also attracts the regulations under transfer pricing and FEMA guidelines. Sign up for our Annual Compliance for Foreign Subsidiary today, so that your company is compliant from day one, negating the possibilities of any compliance fines and helping with funding as well.
Director KYC DIR-3 KYC
According to rule 12A of the Companies (Appointment and Qualification of Directors) Rules 2014, "each person who was given a Director Identification Number (DIN) as on 31st March of fiscal years in accordance with these rules would submit an e-form DIR-3-KYC towards the Central Government at on or before 30th April of the immediate next fiscal year.
LLP Annual Return Form-11
LLP or Limited Liability Partnership is a corporate unit created under the Limited Liability Partnership Act, 2008. At the present, every LLP that is already registered with the Ministry of Corporate Affairs required to file the Annual Returns as well as Statement of Accounts for the Fiscal Year 2019.
Annual compliance of One Person Company
One Person Company (OPC) is compulsorily required to keep up compliance according to the Income Tax Act and Companies Act. Subsequently, keeping up compliance for a One Person Company mainly incorporates filing of income tax return with the Income Tax Department as well as annual return with the Ministry of Corporate Affairs. Other Compliances includes compliance with TDS regulations, GST regulations, ESI regulations, and others.
Annual Compliance for Private Limited Company
Every Indian company must file various forms and documents with the ROC on an annual basis, which includes its financial statements, annual returns, etc. For a private limited company seeking to grow at a rapid pace, it is necessary to stay clear of any wayward legal disputes that would besmirch its name and prove to be a costly exercise.
Annual Compliance for LLPs
LLPs in India do not have too many compliance to meet, as contrasted to the requirements placed on companies. While LLPs only need to file statements of accounts and annual returns, failure to do so may lead to heavy fines ranging up to 5 lakhs in some cases.
Annual Compliance for Partnership
Partnerships are ventures where two or more persons come together to undertake business activities, but this venture does not gain a different personality from its constituents. In India, Partnership firms are required to file Income Tax Returns every financial year, for which the firm must maintain its book of accounts properly, and may have to go through an extensive tax audit, before the relevant Form ITR 5 is filled and filed.
Annual Compliance for Proprietorships
Proprietorship firms in India are legally indistinct from the proprietor. Under the Income Tax Act, all proprietors must file returns depending on their total income and age. They must file ITRs if - Their age is Their Annual Income exceeds Under 60 Rupees 2.5 lakhs Between 60 to 80 Rupees 3 lakhs Above 60 Rupees 5 lakhs