Company Compliance
Ensure Your Business Remains Compliant with OSBS Accounting Solutions Private Limited
Company compliance refers to the process of adhering to all legal, regulatory, and operational requirements as mandated by government authorities and industry standards. In India, compliance is critical for the smooth operation of any company, and failure to comply with these requirements can lead to penalties, legal action, or even the dissolution of the business.
At OSBS Accounting Solutions Private Limited, we offer comprehensive company compliance services to ensure that your business meets all statutory obligations. Our expert team helps you stay on top of compliance requirements and avoid any complications that may arise.
Key Areas of Company Compliance
Corporate Governance: Ensuring the company's operations align with legal and regulatory standards.
Filing Statutory Returns: Submitting various forms and returns with government agencies, such as the Ministry of Corporate Affairs (MCA).
Annual Filing with the Registrar of Companies (RoC): Filing documents like Form AOC-4 and MGT-7 annually.
Financial Statements: Preparation and audit of annual financial statements as per Indian accounting standards.
Board Meetings: Maintaining proper records of board meetings, including minutes and resolutions.
Shareholder Communication: Communicating to shareholders about annual general meetings (AGM), financial results, and other matters.
Tax Compliance: Ensuring that the company is in compliance with Income Tax and GST laws, including timely filing of returns and payment of taxes.
Employee Compliance: Ensuring that all statutory requirements related to employees (e.g., provident fund, employee state insurance) are met.
Why is Company Compliance Important?
Avoid Legal Issues: Non-compliance can lead to fines, penalties, or even legal proceedings.
Maintain Good Reputation: A company that adheres to compliance regulations is viewed as reliable and trustworthy by investors, clients, and regulators.
Business Growth: By adhering to compliance rules, you avoid disruptions in your business operations, ensuring stable and uninterrupted growth.
Investor Confidence: Investors are more likely to trust companies that consistently comply with legal and regulatory requirements.
Tax Benefits: Compliance ensures that your company can avail of tax benefits and deductions under various sections of the Income Tax Act and other relevant laws.
Key Compliance Requirements for Companies in India
Incorporation Documents: Ensure that the company is correctly registered with the Registrar of Companies (RoC) and has all necessary documentation.
Statutory Filings: Ensure that Form MGT-7 (Annual Return) and Form AOC-4 (Financial Statements) are filed annually.
Auditor Appointment: Companies must appoint an auditor within 30 days of incorporation and file the auditor's report with the RoC.
Income Tax Return (ITR): Timely filing of income tax returns is mandatory for every company.
GST Compliance: If the company’s turnover exceeds the threshold limit, GST registration and filing of returns are required.
Secretarial Compliance: Conducting regular board meetings, maintaining statutory registers, and ensuring compliance with Companies Act, 2013.
How OSBS Helps with Company Compliance
End-to-End Compliance Services: We handle all aspects of company compliance, from documentation to filing returns.
Expert Guidance: Our team provides guidance on legal requirements and how to fulfill them, avoiding penalties.
Timely Filing: We ensure that all statutory filings are completed on time, including the filing of MGT-7, AOC-4, Income Tax Returns, and GST Returns.
Audit and Financial Compliance: Our team assists in maintaining proper books of accounts and audits to ensure compliance with financial regulations.
Employee Compliance: We help you comply with labor laws and employee-related statutory requirements.
Regulatory Updates: We keep you updated on any changes to the regulations affecting your business and help implement them effectively.
Why Choose OSBS for Company Compliance Services?
Experienced Professionals: Our team has extensive experience in company compliance, ensuring that your business stays on track.
Stress-Free Compliance: We take the burden of compliance off your shoulders, letting you focus on growing your business.
Personalized Service: We understand your unique business needs and offer tailored compliance solutions.
Accurate and Timely Filing: We ensure all your returns and filings are done accurately and before the deadlines.
Comprehensive Support: Whether it’s filing statutory returns, ensuring tax compliance, or managing employee-related obligations, we offer all-around support.
Stay Compliant, Stay Ahead – Let OSBS Accounting Solutions Manage Your Company’s Compliance.
Trust OSBS Accounting Solutions Private Limited for expert, hassle-free company compliance services to ensure your business meets all legal obligations.
