Compliance is mandatory, active or not
Every Private Limited Company in India must meet annual compliance obligations, whether or not it is actively trading. With compliance monitoring becoming more technology-driven and stricter, missing filings can lead to penalties, director disqualification or even strike-off.
ROC and MCA filings
Companies must file their financial statements and annual return with the Registrar of Companies each year, along with maintaining statutory registers. These filings are central to staying in good standing with the Ministry of Corporate Affairs.
Board meetings and AGM
Companies are required to hold board meetings during the year and an Annual General Meeting after the financial year ends, with proper minutes and records. Certain small companies and startups may have relaxations, but the core obligations remain.
Income tax and TDS
Every company must file an income tax return annually, even with no transactions. Companies deducting TDS must deposit it on time, file quarterly TDS returns, and issue the relevant certificates. Audits apply where required.
Director KYC and other items
Directors holding a DIN must complete their annual KYC, failing which the DIN can be deactivated with a penalty. A full annual checklist typically also includes:
- Financial statements filing
- Annual return filing
- Income tax return
- TDS returns and certificates
- Director KYC
- GST compliance if registered
- Statutory registers and minutes
How Aidwish helps
Aidwish manages your company's entire annual compliance — ROC filings, ITR, board and AGM records, TDS and director KYC — with a clear calendar so nothing is missed.
Note: GST, tax and compliance rules change frequently through government notifications. Always verify the current rules or consult a professional before acting. Aidwish can help you stay updated and compliant.