Every business registered in India is required to comply with the numerous compliances laid down by the Ministry of Corporate Affairs (MCA) and file the required information or documents with the ROC as their compliance returns. These compliances are essential as the ROC filing process enables the government to verify that the business is running per the business laws in India.
There are several ROC compliances categorised into mandatory and event-based compliances. Every company or LLP registered in India is liable to file these returns before the due date and in the format provided.
Non-filing of these ROC Compliances can affect a business’s reputation and change its position in the market. Not only that, non-compliance may lead to hefty penalties and fines which could be avoided otherwise.
The growth of a business is affected by how it is perceived by the public, especially its customers and investors. When a company fails to adhere to the compliances, it generates distrust in their minds and business faces the risk of losing not only the investment it has but also any potential new sources of funds. Timely compliance makes a business’s processes transparent and builds trust.
LetsComply acts as a Virtual General Counsel for businesses and handles all the business compliances, internal or external so that the company never misses out on any of the ROC Compliances. LetsComply has a team of financial, legal and taxation experts who can complete the business’s ROC Compliance well within the due dates and even takes care of any new compliances required by the MCA.
LetsComply’s ROC compliance filing services include;
- Drafting and preparing the documents required to be filed with the MCA.
- Filing the compliance returns on time.
- Providing assistance in due diligence and compliance with new requirements.
LetsComply has more than 25 years of experience in providing support and mentorship to businesses and can be reached at+91-9717070500 or at email@example.com.