Company Compliance
Company Compliance ensures that a business adheres to laws, regulations, standards, and ethical practices relevant to its operations. It helps minimize legal risks, promote integrity, and maintain corporate accountability across all levels of the organization.
Expert Compliance Solutions for Private Limited Companies with Easy My Tax
Navigating compliance as a private limited company in India can be complex. With regulatory mandates from the Companies Act, 2013 and obligations to the Registrar of Companies (RoC), businesses must ensure timely and accurate filings. Easy My Tax simplifies these requirements, offering expert guidance and end-to-end compliance solutions to help your business stay compliant and penalty-free.
Whether you're a startup or an established enterprise, we make your compliance journey smooth and stress-free.
What is Compliance for a Private Limited Company?
Compliance means adhering to rules, regulations, and requirements laid down by the law. For private limited companies registered in India, this includes:
- Compliance with the Companies Act, 2013
- Regular filings with the Registrar of Companies (RoC)
- Following due procedures for board meetings, shareholder resolutions, director appointments, etc.
- Timely tax return filings, audits, and more
Types of Compliance for Private Limited Companies
ROC Compliance
These are statutory filings and obligations under the purview of the Registrar of Companies (RoC):
Annual Compliance
These are recurring yearly filings such as:
- Filing of financial statements (AOC-4)
- Filing of annual returns (MGT-7/MGT-7A)
- Holding annual general meetings (AGMs)
- Appointment and ratification of auditors
Event-Based Compliance
Triggered by specific changes in company structure or operations, such as:
- Change in directors or auditor
- Share issuance or transfer
- Change in registered office
- Opening or closing of bank accounts
- Loan arrangements involving directors or other companies
Other ROC Compliance
Includes director KYC updates (DIR-3 KYC), maintenance of statutory registers, and documentation of board meeting minutes.
Non-Registrar Compliance
These are regulatory obligations not directly overseen by the RoC but are critical for legal operation:
- Payment of periodic taxes like GST, TDS, TCS, Advance Tax, and Professional Tax
- Filing monthly/quarterly GST returns
- Filing quarterly TDS returns
- Filing income tax returns and audit reports
- Provident Fund and ESIC return submissions
- Regulatory reports under various laws (e.g., Environment Act, Factory Act)
Key Annual Compliance Requirements for Private Limited Companies
| Compliance Item | Due Date |
|---|---|
| Commencement of Business Certificate (INC-20A) | Within 180 days of incorporation |
| Appointment of Auditor & Filing ADT-1 | Within 15 days of AGM |
| First Board Meeting | Within 30 days of incorporation |
| Annual General Meeting (AGM) | Within 9 months of end of first FY, and annually thereafter |
| AOC-4: Filing Financial Statements | Within 30 days of AGM |
| MGT-7/MGT-7A: Annual Return | Within 60 days of AGM |
| DIR-12: Appointment/Resignation of Directors | Within 30 days of event |
| DIR-3 KYC: Director KYC | By September 30 every year |
| DPT-3: Return of Deposits | By June 30 each year |
| Directors’ Report | Circulated 21 days before AGM |
| Circulation of Financial Statements | 21 days before AGM |
Consequences of Non-Compliance
Failing to meet compliance requirements can lead to:
- Penalties and fines on the company and its directors
- Disqualification of directors
- Loss of credibility with banks, investors, and customers
- Ineligibility for government contracts or funding
How Easy My Tax Helps You Stay Compliant
Dedicated Compliance Expert
Each company is assigned a compliance advisor who assists in tracking deadlines, preparing documents, and handling all filings.
Accounting and Bookkeeping
We help you maintain accurate books of accounts and prepare your financial statements at the end of each year.
Secretarial Services
Support with drafting board meeting minutes, conducting AGMs, and preparing Directors’ and Annual Reports.
ROC Filings and Documentation
We handle all mandatory MCA filings such as AOC-4, MGT-7, DIR-12, DIR-3 KYC, and more.
Income Tax Return Filing
Even if your company is inactive or has no income, you must file an ITR. We prepare and file returns accurately and on time.
GST and TDS Compliance
From registration to return filing, our platform ensures your indirect tax compliance is always up to date.
LEDGERS Platform Access
Track your compliance calendar, generate reports, and manage filings from one dashboard with our smart compliance management software.
Make Compliance Hassle-Free with Easy My Tax
Running a business is challenging—managing compliance shouldn’t be. With Easy My Tax, you get expert-led support and technology-driven tools to ensure your company is always compliant, always ready.
Get started today and simplify your company compliance process!
