Annual form filing | Annual filing | Accounting service – BTHAWK

Annual Form Filing

Annual filing of the companies refers to the process of providing a company’s collection of data relating to a particular financial year to have a detailed address of the company’s work. It has been made mandatory for every Company registered under The Companies Act 2013.

In an annual filing, it is the legal liability of every registered Company to file up the details of its assets and liabilities, working procedures, internal and external relations having direct as well as indirect effects on the Company, to the Registrar of Companies. 

For annual filing, An Annual General Meeting should be held: 

  • Within 6 months from the end of the financial year as on 30th September after every year.
  • In the case of the new company, within one and a half years or within 9 months from the date of closure of the financial year, whichever is earlier.

Following statements are included in the Annual Filing: 

  • Profit and loss account and balance sheet of the company
  • Address of the office of Company and business premises
  • Capital structure, i.e., the combination of equity and debt 
  • Organization of the Company – board of directors, number of shareholders it has, managerial order 
  • Borrowing details such as loans from financial institutions,
  • Internal and external changes happened in the company during a financial year – such as changes in capital structure, financing policy, alterations in contract, internal reconstruction, absorption, merger, amalgamation 
  • Audited statements for the period, audited by an appointed auditor.

Types and Procedure of Annual Form filing 

  1. For all Companies other than One Person Company, data of the Companies should be filed in two separate forms.
  • Form AOC4 (Admiral Overseas Corporation): 

this form contains information regarding the company’s residential address, final statements, portfolio of the Company’s personnel, adherence certificate (consent towards legal orders).

  • Form MGT7 (Management Panel): 

Company’s capital structure, alterations therein, if any, internal and external reconstruction must be included in it. 

  • Form ADT1(Audit Compliance):

The company should file for the appointment of an audit.

  1. For One Person Company, the form filling process would be.
  • Form AOC4

Annual return statements thereof.

  • Form MGT7:

Managerial and hierarchical performance reports, audit reports. This form should be filed annually. 

If you are looking for annual filing for your company, contact BTHAWK.

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