Annual Compliance Services – Overview
Annual Compliance Services refer to the mandatory legal and regulatory requirements that businesses must fulfill every financial year to remain compliant with applicable laws in India.
These services include filing of annual returns, financial statements, tax compliances, and statutory disclosures with authorities such as the Ministry of Corporate Affairs (MCA) and the Income Tax Department.
Proper and timely annual compliance helps businesses avoid penalties, maintain active legal status, and build long-term credibility with regulators, banks, and stakeholders.
Why Annual Compliance Services are Important?
Key Benefits of Annual Compliance
Annual Compliance Services – Eligibility
Annual Compliance Services are applicable to all registered business entities in India.
- ✔Private Limited Companies
- ✔One Person Companies (OPC)
- ✔Limited Liability Partnerships (LLPs)
- ✔Active & Nil Return Companies
- ✔Newly Incorporated Entities
Documents Required for Annual Compliance
Annual Compliance – Stepwise Process
Step 1: Data Collection
Collection of business, director/partner and financial details.
Step 2: Preparation of Financials
Preparation and review of accounts and statements.
Step 3: Statutory Filing
Filing of annual returns with MCA and other authorities.
Step 4: Confirmation
Sharing acknowledgement and compliance confirmation.