Mandatory Compliances for a Private Limited Company in India
The obligatory provisions that are meant to be adhered to on an annual basis of the private limited company compliances comprise of the following: ● Auditor Appointment ● BOD (Board of Directors’) Meeting ● Annual General Meeting (AGM) ● Annual Return and Budgetary Statements ● Maintenance of Company’s Registers and Records ● Company’s Income Tax Return Right from the time of its establishment, a start-up becomes submissive to the contrary statutory and regulative governing compliances. A business registered in India is asked to abide by the several annual statutory compliances laid down by the corporate body of laws like the Companies Act, 2013. Since a large number of start-ups are put on record as corporations, annual compliances of a private limited company become the most faced subject by gro...