The Ministry of Corporate Affairs requires every company and limited liability partnership firm to file annual returns every year. Interest and penalties are imposed if a return is filed late or not at all.
Companies furnishing timely annual returns and follow the rules properly helps the company internally as it increases employee retention
Once the information is properly collected, submitted and filed duly with regulatory body it enhances information governance
Registered entity enjoy greater confidence of investors and financial institutions if annual returns are filed on time and on regular basis
DSC of Partners or Directors, in case of LLP and Company respectively
PAN Card, Certificate of Incorporation, MoA & AoA/LLP Agreement
Financial Statements must be audited by independent auditor
Independent auditor’s report report must be provided
Board report/Director's Report must be provided
Company's current shareholding ratio is required.