Every company and LLP has to comply with all compliances after the completion of each financial year. Mainly, it includes an audit of the books of accounts, filing of income tax return and annual forms with MCA.

Following are the forms to be filed with MCA

Compliance for Limited Liability Partnership          

FormParticularsDue datePenalty
DIR-3 KYCFor every person who has allotted DINWithin 30 days from the availability of the form for F.Y 2018-2019 (30th April of immediate financial year)Rs. 5000/-
Form-11Annual Return30th May 2019 (within 60 days of the end of financial year)Rs. 100/- per day till the date of filing of the form
Form-8Statement of Account & Solvency30th October 2019Rs. 100/- per day till the date of filing of the form

In the case of non-filing, MCA may levy penalties on the LLP and to its partners’. Also, MCA may issue notice for striking off the LLP.

Compliance for Private Limited Company

Form ParticularsDue datePenalty
DIR-3 KYCFor every person who has allotted DINWithin 30 days from the availability of the form for F.Y 2018-2019 (30th April of immediate financial year)Rs. 5000/-
Form DPT-3 (One time)For every company other than Government company having outstanding receipt of money or loan other than deposits from 1st April 2014 to 22nd January 201922nd April 2019 (within 90 days from the date of notification)Additional fees
Form INC-20ADeclaration of Commencement of Business for companies incorporated on or after 2nd November 2018within 180 days from the date of incorporation of a companyAdditional fees
Form INC-22AEvery company registered on or before 31st December 2017 to tag company as ACTIVE- (Active Company Tagging Identities and Verification25th April 2019Rs. 10,000/- and company will be marked as “ACTIVE- non-compliant”
MSME-I (first time)For every specified company who get supplies of goods or services from MSMEWithin 30 days from the availability of the form on MCA portalForm is not available
MSME-I (half yearly)For every specified company who get supplies of goods or services from MSME31st October 2019 (April – September) 30th April 2020 (October – March)Form is not available
Form ADT-1Appointment of AuditorWithin 15 days from the conclusion of AGMAdditional fees
Form AOC-4Filing of financial statements of the companyWithin 30 days from the conclusion of AGMRs. 100/- per day till the date of filing of the form
Form MGT-7Filing of annual return of the companyWithin 60 days from the conclusion of AGMRs. 100/- per day till the date of filing of the form

*It is not the exhaustive list; a company may need to file other forms as applicable to it.

A company must fulfill all the compliances within the due date to avoid late filing fees. The directors of the company may also liable for non-compliance and thus for penalties.

Be compliant with Legalwiz.in; file all the forms with MCA without waiting for the due dates to avoid consequences.

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