Normal charges of return

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Querist : Anonymous

Querist : Anonymous (Querist)

26 June 2012 sir, please tell who prepares the return and what are the nominal charges for preparing the return

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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26 June 2012 Dear Author,

It varies from Rs. 500 to 50000 depending upon the complexities and amount of tax involved.
Thanks

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Querist : Anonymous

Querist : Anonymous (Querist)

26 June 2012 sir,
thanks for reply
sir i am asking what are the charges of preparing annual agm return of pvt ltd co.
and who prepares the return is it is prepare by registrar
please advise it is urgent

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Querist : Anonymous

Querist : Anonymous (Querist)

26 June 2012 sir,
thanks for reply
sir i am asking what are the charges of preparing annual agm return of pvt ltd co
and who prepares the return is it is prepared by registrar

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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04 August 2024 For a Private Limited Company in India, the preparation and filing of annual returns involve several steps, and the charges can vary based on the complexity of the return and the service provider you choose. Here's a detailed overview:

### **1. Preparation and Filing of Annual Return:**

#### **Who Prepares the Return:**

- **Company Secretary (CS):** The annual return of a Private Limited Company is typically prepared by a Company Secretary (CS) or a Chartered Accountant (CA). They ensure that all the statutory requirements are met and that the return is compliant with the Companies Act, 2013.

- **Registrar of Companies (RoC):** The Registrar of Companies does not prepare the annual return but is responsible for receiving and processing the filed returns. They ensure that the submissions are in compliance with legal requirements.

#### **Types of Returns:**

1. **Annual Return (Form MGT-7):** This is a comprehensive return that includes details about the company's shareholding pattern, directors, and other statutory information.

2. **Financial Statements:** The annual financial statements, including the balance sheet, profit and loss account, and cash flow statement, must also be filed along with the annual return.

3. **Director's Report:** This is a mandatory report prepared by the board of directors and is included in the annual return.

### **2. Charges for Preparing and Filing the Return:**

#### **Typical Charges:**

The charges for preparing and filing the annual return can vary based on the service provider, the complexity of the company's structure, and the region. Here’s a general estimate:

- **For a Small to Medium Private Limited Company:** The charges typically range from **₹5,000 to ₹15,000** for preparing and filing the annual return. This includes preparing Form MGT-7, financial statements, and the Director’s Report.

- **For Larger or Complex Companies:** Charges can be higher, ranging from **₹15,000 to ₹30,000** or more, depending on the complexity of the company’s financials and the services provided.

#### **Additional Costs:**

- **Filing Fees:** The Registrar of Companies charges a fee for filing the annual return, which varies depending on the authorized capital of the company. These fees are separate from the service provider’s charges.

### **3. Steps to Prepare and File the Annual Return:**

1. **Engage a Professional:** Hire a Company Secretary or Chartered Accountant who specializes in corporate compliance.

2. **Collect Information:** Provide the necessary information and documents, such as financial statements, details of directors, and shareholder information.

3. **Prepare Returns:** The professional will prepare the annual return and financial statements in accordance with the Companies Act, 2013.

4. **File with RoC:** Submit the prepared returns and financial statements to the Registrar of Companies through the Ministry of Corporate Affairs (MCA) portal.

5. **Obtain Confirmation:** Ensure that you receive a confirmation of receipt from the RoC and that the returns are accepted.

### **Summary:**

- **Preparation:** The annual return is prepared by a Company Secretary or Chartered Accountant.
- **Charges:** Typically range from ₹5,000 to ₹30,000, depending on the complexity and service provider.
- **Filing:** Done through the MCA portal with separate fees payable to the Registrar of Companies.

If you have specific needs or concerns, consulting with a local professional or firm specializing in corporate compliance can provide tailored advice and accurate pricing based on your company’s requirements.