Annual Filings – AOC-4, MGT-7, XBRL filings
Every company registered in India under the Companies Act is required to file annual returns and financial statements with the Ministry of Corporate Affairs (MCA). These filings, including AOC-4, MGT-7, and XBRL reports, are not just routine formalities but legal obligations that establish transparency, accountability, and trust in the corporate ecosystem.
Non-compliance with MCA filing requirements can lead to monetary penalties, disqualification of directors, and legal consequences. Many businesses struggle with filing complexities, changing rules, and tight deadlines. That’s where our expertise comes in we help organizations manage filings seamlessly, ensuring accuracy and timeliness.
We provide end-to-end compliance solutions, from preparing and validating financial statements to filing annual returns in the prescribed formats. Whether it’s handling statutory documents, XBRL conversion, or managing ROC queries, our team ensures nothing is overlooked.
With strong domain knowledge and practical experience, we act as compliance partners for businesses, ensuring they meet every MCA requirement and avoid the risks of non-compliance.
Annual Filing of AOC-4 Financial Statements Submission
Every company is required to file its audited financial statements in Form AOC-4. This includes balance sheet, profit & loss account, cash flow statements, and other statutory reports. Filing AOC-4 ensures that the company’s financial health is available in the public domain for stakeholders, regulators, and investors. We assist in preparing, validating, and filing AOC-4 with accuracy and within deadlines, avoiding penalties for late filing.
Annual Return Filing with MGT-7 – Company Information Disclosure
Form MGT-7 is an annual return that provides a comprehensive snapshot of the company’s structure, shareholders, directors, and compliance status. It plays a critical role in corporate transparency and regulatory reporting. Our team prepares and verifies all the required information, ensuring accurate disclosure of shareholding patterns, governance structures, and statutory compliance.
XBRL Filings – Structured Data Reporting for Transparency
Certain companies are required to file financial statements in XBRL (eXtensible Business Reporting Language) format. XBRL filings improve transparency, allow easier regulatory analysis, and ensure comparability of financial information. We provide complete support in converting financial data into XBRL format, validating it against MCA taxonomy, and submitting it in compliance with MCA guidelines.
ROC Compliance Management & Penalty Avoidance
Filing mistakes or delays often result in hefty penalties and legal notices from the ROC. We proactively manage the compliance calendar, issue reminders, and handle any clarifications or resubmissions required by MCA. Our expertise minimizes compliance risks, giving business owners peace of mind that their statutory obligations are always up to date.
Frequently Asked Questions (FAQs)
AOC-4 is the MCA form used to file audited financial statements of companies. All registered companies, whether public or private, must file it annually with the ROC.
MGT-7 is the annual return that contains details of the company’s shareholders, directors, board meetings, and corporate governance practices. It ensures transparency in the company’s structure and compliance.
Companies with listed securities, subsidiaries of listed companies, and companies meeting prescribed thresholds (like paid-up capital or turnover limits) are required to file financial statements in XBRL format.
Late filings can attract daily penalties, ranging from ₹100 per day of delay, and may also lead to director disqualification or company strike-off.
Corporate Compliance with MCA
CA. Dhiraj Jain
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