AOC-4 and MGT-7 Annual Compliance for Company are mandatory for each company in India. The annual compliance of company consists of mainly two filings, AOC-4 and MGT-7. AOC-4 is filing of financial statements, whereas, MGT-7 is an annual return of company.
Annual Compliance for Company in AOC-4 and MGT-7
AOC-4: Overview
The financial statements of a company must be filed with the Ministry of Corporate Affairs every year along with the required documents. The MCA form for filing financial statements is AOC-4. Hence, Form AOC-4 is submitted with the MCA for each Financial Year within 30 days of a company’s annual general meeting.
Due Date for Filing AOC-4
| Type of Company | Time limit | From | Documents |
| Companies registered in India other than One Person Company | Within 30 days | Annual General Meeting | Financial Statements along with all required documents duly adopted at the AGM |
| One Person Company | Within 180 days | Closure of Financial Year | Financial Statements along with all required documents duly adopted by Member |
Note: If the annual general meeting of a company for any year has not been held, the financial statements along with the documents required to be attached, duly signed along with the statement of facts and reasons for not holding the annual general meeting should be filed with the Registrar within 30 days of the last date before which the annual general meeting should have been held.
Click here to download AOC-4 with instructions kit.
MGT-7: Overview
All companies, whether public or private who are registered in India must file its annual return in the Form MGT-7 every year. This e-form is maintained by the Registrar ofCompanies via electronic mode and on basis of the statement of correctnessgiven by the company.
Due date of Filling MGT-7
The due date for filling Form MGT-7 is within 60 days from the date of Annual General Meeting (AGM) of the company.
Click here to download AOC-4 with instructions kit.
Government Fee for Filing AOC-4 and MGT-7
The Government filing fees for AOC-4 and MGT-7 Annual Compliance for Company are as under;
| Company’s Nominal Share Capital | Government Fees |
| Upto ₹1,00,000 | ₹200/- |
| ₹1,00,000 to ₹4,99,999 | ₹300/- |
| ₹5,00,000 to ₹24,99,999 | ₹400/- |
| ₹25,00,000 to ₹99,99,999 | ₹500/- |
| ₹1,00,00,000 and more | ₹600/- |
Note: For Companies not having nominal share capital, the Government fee for filing Form AOC-4 is ₹200
Penalty for Late Filing AOC-4 and MGT-7
The penalty for late filing, of AOC-4 and MGT-7 Annual Compliance for Company, has been set to ₹100/- per day for each day for which default continues.
Important:
Remember this for AOC-4 and MGT-7 Annual Compliance for Company
AOC-4 Due Date: 30 days from AGM other than OPC
AOC-4 Due Date: 180 days from AGM for OPC
MGT-7 Due Date: 60 days from AGM
Filing Fees: ₹200 – ₹600 per form based on Authorised Capital
Penalty: ₹100 per day
Feel free to email us at support@bkcprohub.com to contact us, should you need any assistance in your annual compliance.
