MCA Compliances for Private Limited Company & LLP
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
| Form | Particulars | Due date | Penalty |
| DIR-3 KYC (Annually) | For every person who has allotted DIN | Within 30 days from the availability of the form for F.Y 2018-2019 (30th June of immediate financial year) | Rs. 5000/- |
| Form-11 (Annually) | Annual Return | 30th May 2019 (within 60 days of the end of financial year) | Rs. 100/- per day till the date of filing of the form |
| Form-8 (Annually) | Statement of Account & Solvency | 30th October 2019 | Rs. 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 | Particulars | Due date | Penalty |
| DIR-3 KYC (Annually) | For every person who has allotted DIN | Within 30 days from the availability of the form for F.Y 2018-2019 (30th June 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 2019 | 22nd April 2019 (within 90 days from the date of notification) | Additional fees |
| Form INC-20A (One time) | Declaration of Commencement of Business for companies incorporated on or after 2nd November 2018 | within 180 days from the date of incorporation of a company | Additional fees |
| Form INC-22A (One time) | Every company registered on or before 31st December 2017 to tag company as ACTIVE- (Active Company Tagging Identities and Verification | 25th April 2019 | Rs. 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 MSME | Within 30 days from the availability of the form on MCA portal | Form is not available |
| MSME-I (half yearly) | For every specified company who get supplies of goods or services from MSME | 31st October 2019 (April – September) 30th April 2020 (October – March) | Form is not available |
| Form ADT-1 (Annually) | Appointment of Auditor | Within 15 days from the conclusion of AGM | Additional fees |
| Form AOC-4 (Annually) | Filing of financial statements of the company | Within 30 days from the conclusion of AGM | Rs. 100/- per day till the date of filing of the form |
| Form MGT-7 (Annually) | Filing of annual return of the company | Within 60 days from the conclusion of AGM | Rs. 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.
CS Shivani Vyas
Shivani is a Company Secretary at Legalwiz.in with an endowment towards content writing. She has proficiency in the stream of Company Law and IPR. In addition to that she holds degree of bachelors of Law and Masters of commerce.
