Send Us Mail

info@payourtax.com

Toll Free No

+91-8800678636

ROC Audit

Expert ROC Audit Consultants and Services in Yamuna Vihar, Delhi - PayOur Tax

An ROC audit is essential for companies in India to maintain compliance with the regulatory standards set by the Registrar of Companies (ROC). The ROC functions under the Ministry of Corporate Affairs (MCA) and governs company registration, compliance, and filing of financial documents. Regular ROC audits help businesses ensure that they meet all necessary requirements, avoid penalties, and maintain a good standing with regulatory authorities.

If you are a business owner, and require assistance with ROC audits, PayOur Tax provides expert ROC audit services  in Yamuna Vihar, Delhi. Our experienced consultants ensure that all your financial filings and compliance requirements are met efficiently.

What is an ROC Audit?

An ROC audit involves the scrutiny and verification of a company’s financial documents and other statutory records filed with the ROC. It ensures that the company is adhering to the compliance requirements under the Companies Act, 2013.

Key elements of an ROC audit include:

  • Verification of the Annual Return (Form MGT-7)
  • Scrutiny of the Financial Statements (Form AOC-4)
  • Review of the Board of Directors’ Report
  • Ensuring compliance with provisions of the Companies Act, 2013
  • Filing of necessary forms with the ROC
  • Ensuring the timely payment of any penalties or fees

Why is ROC Audit Compliance Crucial?

The ROC audit plays a pivotal role in ensuring a company’s financial transparency and adherence to corporate governance norms. Failure to comply with ROC regulations can lead to penalties, fines, or even disqualification of directors.

Some key reasons for maintaining ROC audit compliance include:

  1. Legal Compliance: Companies must file their annual returns, financial statements, and other statutory documents as per the Companies Act, 2013.
  2. Avoiding Penalties: Non-compliance with ROC regulations can attract heavy penalties, and in severe cases, the company’s registration could be canceled.
  3. Maintaining Good Standing: Compliance with ROC audits ensures that the company maintains a good standing with regulatory authorities, which is crucial for raising funds or securing business partnerships.
  4. Transparency and Governance: ROC audits ensure transparency in financial reporting and corporate governance, instilling trust among shareholders and stakeholders.

Key Services Offered by ROC Audit Consultants in Yamuna Vihar

At PayOur Tax, our team of experienced ROC Audit Consultants in Yamuna Vihar, Delhi provides a comprehensive range of ROC audit services to ensure your business complies with the law. Our services include:

1. Annual ROC Filings

We assist businesses in preparing and filing the required annual returns and financial statements in the prescribed formats (Form MGT-7 and Form AOC-4). These filings are mandatory under the Companies Act, and our experts ensure that your business complies with all the regulatory requirements.

2. Verification of Company Documents

Our ROC audit services involve a thorough verification of all company documents, including the Board of Directors’ Report, financial statements, and memorandum and articles of association. We ensure that all documents are properly filed and up to date.

3. Rectification of ROC Non-Compliance

If your business has missed any filing deadlines or is facing ROC non-compliance issues, our consultants can help rectify the situation. We ensure that all overdue filings are completed and that any penalties are settled promptly.

4. Filing of Other ROC Forms

Apart from annual filings, companies are also required to submit other forms to the ROC, such as:

  • Form DIR-12 (Appointment or resignation of directors)
  • Form INC-22 (Change of registered office)
  • Form PAS-3 (Return of allotment of shares)

Our experts handle all these filings, ensuring that they are completed on time and in compliance with the law.

5. Secretarial Compliance Audits

Our secretarial compliance audits ensure that your company’s internal processes, board meetings, and corporate governance practices adhere to the legal requirements laid down by the Companies Act. This not only helps you avoid penalties but also ensures the smooth functioning of your business operations.

Step-by-Step Process of an ROC Audit

The ROC audit process can be broken down into the following steps:

Step 1: Collection of Required Documents

We start by collecting all the necessary documents from the client, including:

  • Financial statements
  • Annual returns
  • Board resolutions
  • Details of the company’s shareholding structure

Step 2: Verification and Scrutiny

Our team carefully scrutinizes all the documents to ensure that they are in line with the ROC’s filing requirements. We check for any discrepancies or non-compliance issues that may lead to penalties.

Step 3: Filing with ROC

Once the verification process is complete, we proceed to file the required forms with the ROC, including Form MGT-7 and Form AOC-4. We ensure that all filings are completed within the stipulated deadlines.

Step 4: Compliance Certificate

After the completion of the ROC audit, we provide the company with a compliance certificate, which serves as proof that the company has fulfilled its regulatory obligations.

Why Choose PayOur Tax for ROC Audit Services in Yamuna Vihar, Delhi?

Choosing the right ROC Audit Consultants in Yamuna Vihar, Delhi is crucial for ensuring smooth compliance with all ROC regulations. PayOur Tax offers several advantages:

  1. Expertise in ROC Audits: Our team has extensive experience handling ROC audits for companies of all sizes and industries. We stay updated with the latest regulatory changes, ensuring your company remains compliant.
  2. Timely Filings: We understand the importance of meeting deadlines for ROC filings. Our team ensures that all documents are filed on time to avoid penalties.
  3. Affordable Pricing: We offer cost-effective ROC audit services without compromising on quality. Our transparent pricing ensures that you get value for your money.
  4. End-to-End Support: From the initial document collection to the final ROC filings, we offer end-to-end support, ensuring that your company’s ROC audit process is smooth and hassle-free.

Conclusion: Ensuring Compliance with ROC Audits

In today’s competitive business environment, maintaining compliance with ROC regulations is crucial for the long-term success of your company. A proper ROC audit helps ensure that your company’s financial filings are in order and that it adheres to the regulatory requirements set forth by the ROC.

For businesses, PayOur Tax offers expert ROC Audit Services in Yamuna Vihar, Delhi to help you stay compliant with all ROC requirements. Whether it’s annual filings, verification of documents, or rectification of non-compliance issues, our team provides reliable and efficient services to ensure that your business remains in good standing.

Contact PayOur Tax today for professional ROC Audit services in Yamuna Vihar, Delhi, and let us take care of your company’s compliance needs.