What Are Annual Legal Obligations For A Pvt Ltd Company

I am planning to register a start up company in India as private limited company. But being a start up I might not have enough revenue earning activities initially for 1-2 years. So in that case how much is legal obligation for finance audit, service tax and any other applicable tax or paper formality is compulsory if your annual revenue is below 1 lac rupees

Hi,
May be too late to reply as I show your post today.
Anyway I would like to share information with you:
1. One time cost for Registration of company with ROC would cost you approx Rs 40K for private limited company with share capital 1 lac
Yearly obligations:
1. Every year Private Limited company account should be audited and cost with minimum turnover as mentioned by you would be approx Rs 15k Per annum.
2. Writing books with minimum turnover as mentioned by you above would cost you approx Rs 2500/- PM
3. You need to register with excise, sales tax, service tax depending on nature of business
4. All cost depends on various factors which can be shared based on availability of information from your side.
More information required, do feel free to contact:
regards
Manjay Kumar Sharma
+91 9810507200
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:::::::::: Malay Gauri ::::::::::

Hi Careerfeeds,
It would cost you about 20,000 per year...and you would have to file nil service tax returns, if you get service tax registration and file nil balance sheet, all this could lead to a cost...so wait until you know you are gonna do business till you start a <link outdated-removed> ( Search On Cite | Search On Google ) . When you decide to <link outdated-removed> ( Search On Cite | Search On Google ) , websites like indiafilings.com can help you startup your company.
Regards

nothing needed. i say a simple way. find a audit and go for basic company registration which costs 3000/- including payment of audit. later when your company developed after 2 or 3 years go for PVT LTD registration that costs 20,000 -25,000/- . I am doing the same for my company. don't invest more money initially. if you loss then everyone will suffer. mind it.

Annual Compliance are the Legal Mandatory Compliance which has to be followed by every legal entity according to their registered law. We QuickCompany handles all the legal compliance of a Company in just Rs 18,000/- <a href="https://www.quickcompany.in/compliance">=Annual Compliance</a> by <a href="https://www.quickcompany.in/">QuickCompany</a>

A private limited corporation provides stability and growth potential for entrepreneurs. A company is preferred by startups as a business form because it facilitates the raising of outside capital. All of your registrations, licences, intellectual property, and accounting requirements are handled by us. We handle all of your filing requirements and ensure that you are in compliance with the law. <a href="https://filingbee.in/">GST Return Filing</a>

Today, the entire private limited company registration process and other regulatory filings are paperless; documents are filed electronically through the MCA website and are processed at the Central Registration Centre (CRC).
Online Private Limited Company registration process is completely online. Upon completing all registration formalities, the Registrar of Companies’ issues a digitally signed Certificate of Incorporation (COI). Electronic certificates issued by the ministry can be verified by all stakeholders on the MCA website itself.
Pvt ltd company registration is a systematic process of collection and submission of details required as per the requirements of the Companies Act 2013 and as per the process defined by the Ministry of Corporate Affairs from time to time.

Private Limited Company is the most popular type of business entity in India.
Shields from personal liability and protects from other risks and losses.
Offers liability protection to protect your company’s assets
Attracts more customers
Greater capital contribution and greater stability
Procures bank credits and good investment from reliable investors with ease.
Increases the potential to grow big and expand
Benefits of Private Limited company registration
No personal liability to the owner of the company
Improves credibility
Easier to raise funds and loans from bank
Increase the potential to grow big and expand
visit here: https://www.registerkaro.in/private-...y-registration