Annual Compliance for Private Limited Companies and LLPs
By FirstMan Corporate Services Team · Published 1 July 2026 · Updated 20 July 2026
Annual compliance is the set of yearly filings every Private Limited Company and LLP must complete regardless of turnover — including a statutory audit for companies, ROC filings, director KYC, and income tax returns — and missing them leads to escalating penalties.
Why compliance applies even with no revenue
A common misconception is that a dormant or low-revenue company has nothing to file. It doesn't work that way — a Private Limited Company owes its annual filings (board meetings, audit, AOC-4, MGT-7) whether it earned ₹0 or ₹10 crore. An LLP's filing obligations are lighter but still apply annually.
What compliance looks like, by structure
- Private Limited Company — board meetings, statutory audit, AOC-4 and MGT-7 filings with the Registrar, DIR-3 KYC for every director, and an income tax return.
- LLP — Form 11 (annual return), Form 8 (statement of accounts), an income tax return, and audit only past certain turnover or contribution thresholds.
What happens if you miss a deadline
Late filings attract a per-day penalty that adds up quickly, and repeated non-compliance risks director disqualification or the company being struck off the register — see our penalties guide for specifics.
How we handle this for clients
Every compliance item we manage for a client runs on a tracked due-date calendar with reminders well ahead of each deadline — the goal is that you never find out about a filing the day it's due.
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