Compliance Services

While a Private Limited Company is a popular choice for entrepreneurs, it comes with various compliance obligations that must be met post-incorporation. These include statutory requirements such as financial reporting, maintenance of statutory registers, auditing of accounts, compliance for management changes, and other statutory filings.

Balancing daily business operations with these corporate laws can be challenging, making professional assistance essential to ensure timely compliance and avoid penalties or interest.

At CAAFT, we provide comprehensive annual compliance services for Private Limited Companies. We handle the seamless filing of mandatory annual filings, such as Financial Statements with Other Information (AOC-4) and Annual Return (MGT-7 or MGT-7A), along with maintaining registers and minutes for board and general meetings. Our services are designed to keep you compliant while allowing you to focus on your core business activities.

A Public Limited Company is a preferred structure for businesses aiming to operate on a large scale and raise capital from the public. However, it comes with a higher level of regulatory and compliance requirements compared to other business structures. In addition to standard obligations like financial reporting, auditing, and maintaining statutory registers, Public Limited Companies must adhere to extra compliance measures. These include appointing independent directors, filing quarterly financial results and complying with SEBI regulations if the company is listed on stock exchanges.

Managing these extensive compliance requirements while running daily operations can be challenging and time-consuming. Failure to meet these obligations can result in penalties, legal issues, or even reputational damage.

At CAAFT, we provide end-to-end compliance services for Public Limited Companies, ensuring all statutory requirements are met efficiently and on time. Our team handles everything from filing financial statements (AOC-4) and annual returns (MGT-7) to maintaining statutory records and ensuring compliance with SEBI and stock exchange regulations. With our support, you can focus on growing your business while we take care of the complexities of compliance.

For One Person Companies (OPCs), the compliance requirements are relatively fewer compared to private or public limited companies. However, despite the reduced burden, non-compliance can still lead to penalties, fines, and operational hindrances. It is crucial to stay aware of and adhere to the applicable OPC compliances to avoid such issues.

At CAAFT, we provide compliance services for One Person Companies, ensuring all statutory obligations are met efficiently. Our team handles the filing of mandatory annual returns, such as Financial Statements with Other Information (AOC-4) and Annual Return (MGT-7A), along with maintaining statutory records and registers.

Limited Liability Partnership (LLP) firms are governed by the LLP Act, which mandates several compliance requirements to ensure smooth operations. These include maintaining books of accounts, conducting audits if turnover exceeds the threshold limit, and filing applicable ROC forms and annual returns. Non-compliance with these requirements can result in penalties of up to INR 5 lakhs, making adherence to regulations crucial.

At CAAFT, we ensure your LLP meets all compliance requirements seamlessly. Our team handles the full spectrum of compliance tasks, from maintaining books of accounts and filing annual returns to managing audits and filing ROC forms.

Unlike companies and LLPs, a Partnership Firm is not governed by a separate act and does not fall under the jurisdiction of the Registrar of Companies (ROC). However, partnership firms must comply with various other laws, such as the Income Tax Act, Goods and Services Tax (GST) Act, and labour laws, to ensure smooth operations. Adhering to these regulations is crucial to avoid operational disruptions and penalties.

Partners often cannot afford to spend time interpreting and ensuring compliance with these laws while focusing on their business goals.

At CAAFT, we provide end to end compliance services for partnership firms, covering all areas such as income tax return filing, GST return filing, TDS return filing, ESI and PF compliances, and filings with the Registrar of Firms.

A Sole Proprietorship is a business structure where a single individual owns and manages the business. The compliance requirements for a sole proprietorship depend on the type and scale of the business. Key compliance tasks include filing Income Tax Returns, TDS Returns, GST Returns, EPF Returns, maintaining proper accounting and bookkeeping practices, and conducting tax audits when necessary.

As a sole proprietor, managing these compliance requirements while focusing on scaling the business can be overwhelming and time-consuming.

At CAAFT, our team provide tailored compliance services to address these needs. From filing returns to maintaining accurate records and ensuring timely audits, we handle it all, allowing you to focus on growing your business without worrying about regulatory adherence.

Form DIR-3 KYC is an electronic form mandated by the Ministry of Corporate Affairs (MCA) to update the KYC details of individuals with a Director Identification Number (DIN). This form must be filed every year, and failure to comply within the stipulated timeframe results in a fine of INR 5,000.

At CAAFT, we provide filing services for DIR-3 KYC, ensuring a seamless and hassle-free compliance process. Let us handle the filing so you can focus on your role as a director without worrying about annual compliance deadlines.

A company may add or remove directors from its board to incorporate fresh expertise, maintain strategic control, or comply with statutory requirements. All such appointments and removals must follow the stipulations of the Companies Act, 2013 to ensure compliance. This process can involve adhering to several provisions, in instances such as appointing a person as first-time director in a company.

At CAAFT, our team provide hassle-free compliance services for director appointments and removals, ensuring all statutory requirements are met seamlessly.

Every business requires additional funds over time to operate and expand. If a company needs to infuse more capital to grow, it must first increase its authorized share capital—the maximum amount of share capital it is legally permitted to issue to shareholders. This process involves amending the company’s Memorandum of Association (MOA) and filing regulatory forms such as SH-7 and MGT-14 as per the Companies Act, 2013. Non-compliance with these provisions can result in penalties of up to INR 25 lakhs.

At CAAFT, we streamline the entire process of increasing authorized share capital, from amending the MOA to filing the necessary forms, ensuring full compliance with statutory requirements.

A company must maintain a registered office at all times during its existence, as it serves as the official address for receiving communications and notices. However, there may be situations where the company needs to change its registered office due to various reasons. In such cases, the company must follow the compliance procedures laid down by law, which may include conducting board or general meetings, obtaining approval from the Regional Director (ROC), and filing the necessary forms with ROC to notify the change.

At CAAFT, we provide a straightforward and efficient approach to handle your company’s registered office address change.

Our team at CAAFT assist you with seamless filings of various ROC forms related to critical corporate events, including:

• Appointment and Removal of Auditor.
• Creation, Modification, and Closure of Charge/Mortgage.
• Alteration in Share Capital
• Alteration in Memorandum of Association (MoA) and Articles of Association (AoA).
• Acceptance of Deposits.
• Filing of Company Resolutions and Agreements with the Registrar.
• Alteration in Documents Filed for Foreign Company Registration.

Company winding up, or liquidation, is the formal process of concluding a company’s operations, leading to its dissolution. This involves systematically closing the company’s affairs, selling assets, settling debts, and distributing any remaining surplus to shareholders based on their stake. Winding up can be initiated either by a court order or through a voluntary resolution by the company. Once completed, the company is officially dissolved and ceases to exist, marking the end of its corporate journey.

Simplify your company’s winding-up process with CAAFT. Our team streamlines the closure, ensuring compliance and a hassle-free liquidation process.