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ROC Filing For Section 8 Company In Gandhinagar

ROC filing for a Section 8 Company in Gandhinagar requires the submission of annual financial statements and compliance reports to the Registrar of Companies. This process ensures adherence to the Companies Act, 2013, while promoting legal compliance, transparency, and accountability in the organization’s operations.

ROC Filing For Section 8 Company In Gandhinagar

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Why Should I Use Auriga Accounting For ROC Filing For Section 8 Company In Gandhinagar ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your ROC Filing For Section 8 Company In Gandhinagar.

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Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for ROC Filing

Complete your ROC Filing

Ready Your ROC Filing For Section 8 Company In Gandhinagar

Why Should I Use Auriga Accounting For ROC Filing For Section 8 Company In Gandhinagar ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your ROC Filing For Section 8 Company In Gandhinagar.

book appointment

Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for ROC Filing

Complete your registration

Ready Your ROC Filing For Section 8 Company In Gandhinagar

Overview - ROC Filing For Section 8 Company In Gandhinagar

Registrar of Companies (ROC) Annual Filing refers to the compulsory yearly submission of financial and compliance documents by companies registered under the Companies Act, 2013. This process includes filing annual returns along with key financial statements such as the balance sheet, profit and loss account, cash flow statement, and other statutory reports. The purpose is to ensure legal compliance, maintain transparency, and uphold corporate accountability.

WHAT IS A SECTION 8 COMPANY?

Section 8 companies are legally recognized non-profit entities incorporated under the Companies Act, 2013, with the primary objective of promoting activities that serve the public interest—such as charity, education, social welfare, cultural advancement, or environmental protection. Unlike for-profit businesses, they are prohibited from distributing profits or dividends to their members. Any income or surplus must be reinvested solely to advance the organization’s stated charitable purposes.

Eligibility Criteria for ROC Filing – Section 8 Company In Gandhinagar

1. Minimum Members: A Section 8 company must have at least two members, who may be individuals or corporate entities. These members can also serve as directors.

2. Minimum Directors: At least two directors are required. The same individuals may hold both member and director roles.

3. Resident Director: As per the Companies Act, 2013, at least one director must be a resident of India, having stayed in the country for a minimum of 182 days in the previous financial year.

4. Charitable Purpose: The company must be formed with the objective of promoting charitable or not-for-profit activities, such as education, science, art, commerce, research, social welfare, or sports.

5. No Profit Distribution: Any profits earned must be reinvested into the company’s charitable objectives. Distribution of profits or dividends to members is strictly prohibited.

6. Registered Office in Gujarat: The company must maintain a registered office within Gujarat. Proof of address—such as a utility bill, rent agreement, and a No Objection Certificate (NOC) from the property owner—must be submitted during incorporation.

7. Legal Compliance: The company must comply with all applicable provisions of the Companies Act, 2013, including timely submission of statutory filings to the Registrar of Companies (ROC).

8. MCA Approval: Before incorporation, the company must obtain a license from the Ministry of Corporate Affairs (MCA), granting permission to operate as a Section 8 company.

Advantages OF ROC Filing For Section 8 Company In Gandhinagar

1. Enhanced Credibility and Transparency: Timely compliance builds trust with stakeholders, financial institutions, and government authorities by demonstrating accountability and transparency.

2. Preservation of Active Legal Status: Regular filings ensure the company remains in active status and avoids the risk of being struck off by the Registrar of Companies.

3. Strengthened Client and Partner Confidence: Consistent adherence to compliance requirements reflects strong corporate governance, increasing reliability in the eyes of clients and collaborators.

4. Accurate and Up-to-Date Company Records: Annual compliance keeps company records updated and verified, reducing discrepancies and maintaining data integrity with the MCA.

5. Protection from Penalties and Legal Risks: Meeting statutory deadlines helps avoid financial penalties, legal issues, and potential disruptions—especially critical for small and growing businesses.

Documents for ROC Filing of a Section 8 Company In Gandhinagar

1. Audited Financial Statements: Include the Balance Sheet, Profit & Loss Account, Auditor’s Report, and, if applicable, the Cash Flow Statement—prepared and certified by a registered Chartered Accountant.

2. Board’s Report: A comprehensive report signed by the directors, detailing the company’s performance, compliance status, and key disclosures for the financial year.

3. Annual Return (Form MGT-7): Contains essential company information, including shareholding structure, directorship, registered office details, and other statutory data.

4. Financial Statement Filing (Form AOC-4): Submitted to the ROC, this form includes audited financials, notes to accounts, and relevant supporting documents.

5. Directors’ Report and AGM Minutes: Documentation of board and Annual General Meeting proceedings, including resolutions approving financials and filings, reflecting sound governance.

6. Digital Signature Certificates (DSC): Valid Class 3 DSCs of directors or authorized signatories are required for digitally signing and submitting all ROC forms.

7. Director Identification Numbers (DIN): All directors must possess an active, KYC-compliant DIN in accordance with MCA regulations.

8. Statutory Declarations and Compliance Certificates: Includes mandatory declarations such as MGT-8 (where applicable) and other certificates confirming adherence to the Companies Act, 2013.

Online Process for ROC Filing For Section 8 Company In Gandhinagar

1. Visit the MCA Portal: Access www.mca.gov.in for all ROC filings and compliance-related submissions.

2. Log In or Register: Log in using existing MCA credentials or create a new account if you’re a first-time user.

3. Obtain Digital Signature Certificates (DSC): Ensure all directors and authorized signatories possess valid Class 3 DSCs for digital authentication of forms.

4. Prepare Required Documents: Collect and finalize audited financial statements, Board and Director’s Reports, and AGM minutes, duly approved and signed.

5. Complete ROC Forms: Fill out applicable e-forms such as Form AOC-4 (for financials), Form MGT-7 (for annual returns), and other relevant forms like ADT-1 or DIR-12, as required.

6. Attach Supporting Documents: Upload clear, properly formatted PDF files of necessary attachments including board resolutions, auditor’s report, declarations, and compliance certificates.

7. Sign and Pre-Scrutinize Forms: Digitally sign the forms using valid DSCs and perform pre-scrutiny to check for errors before submission.

8. Pay Filing Fees Online: Pay the statutory filing fees via net banking, credit/debit card, or UPI, based on the company’s authorized share capital.

9. Submit Forms Electronically: Submit the digitally signed forms through the MCA portal.

10. Save Acknowledgment: Download and save the Service Request Number (SRN) and acknowledgment receipt as proof of successful filing.

11. Track Filing Status: Monitor the status of your filings using the SRN in the “Track Transaction Status” section and download approvals or certificates once issued.

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2023-06-10
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