What is Annual Compliance for Private Limited Company?
Annual compliance for a Private Limited Company refers to the set of mandatory filings and regulations that a company must follow every year to ensure legal and regulatory attachment. These compliances are governed by the Companies Act, 2013, Income Tax Act, 1961, and other statutory bodies like MCA (Ministry of Corporate Affairs), ROC (Registrar of Companies), and SEBI (Securities and Exchange Board of India). Each Private Limited Company has to ensure the Annual ROC Compliance and income tax else they have to face huge penalties and even imprisonment.
Key Annual Compliance For Pvt Ltd Companies
1. DIR 3 KYC
If any director holds DIN then for the actions they need to submit DIR 3 KYC. It ensures that MCA each directly corrects and updates details every year.
2. Form MSME
All MSMEs should file a half-yearly return with the registrar for outstanding payments to micro or small enterprises.
3. ADT-1
To be filed in less than 15 days from the conclusion of AGM. Every company should inform the ROC about the appointment of an auditor.
4. Form AOC-4
To be filed 30 days from the conclusion of AGM. Specified companies should file the financial statements with the ROC. For example auditor reports, balance sheets, statements of profit and loss director’s reports, etc.
5. MGT-7
To be filed within 60 days from the conclusion of AGM. Every company should file an annual return, furnishing details about the company.
6. MGT-14
If any changes happened in AGM then it has to be filed.
7. DPT-3
The loan outstanding as of 31st March of the previous financial year has to be filed.
GST Compliance
1. GSTR-1
To be filed within the 11th of every month. Companies should file sales details invoice-wise. The penalty for this is 20/50 rs per day for each monthly return.
2. GSTR-3B
To be filed by the 20th of every month. Companies should file sales and purchase summaries otherwise the penalty fees will be 20/50 rs per day for each monthly return.
3. GSTR-9
To be filed by 30th September of the next financial year. Companies should file an annual summary of sales and purchase invoices otherwise the penalty for this is 200 rs per day.
4. GSTR-9C
To be filed by 30th September of the next financial year. Specified companies should file an audit by CA of sales and purchase details filed in GST Returns otherwise the penalty is 200 rs per day.
5. GSTR- 2A
To be filed by 30th September of the next financial year. Specified companies should file GST input credit (ITC) which is available only when your vendor has filed your purchase invoice in his/her GST return. The penalty is charged when ITC is unavailable or if the purchase invoice is not showing online.
6. Correction
To be filed by 30th September of the next financial year. Specified companies should file corrections of details if they are filed wrongly by mistake.
Conclusion
Annual compliance isn’t just a legal formality—it’s essential for keeping your business safe, credible, and ready for growth. Staying on top of filings and deadlines helps you avoid penalties and build trust with investors and customers. If it feels overwhelming, JustStart can make the process easier
