About Us
In India, every company needs incorporation approval from the Registrar of companies. Once the application for incorporation of the company is made, the ROC will check the application and gives the incorporation certificate. This certificate acts as proof for the existence of any company. The Register of Companies (ROC) is an office working under the Ministry of Corporate Affairs (MCA), which controls the entire administration of all companies and Limited Liability Partnerships (LLP) in India. The MCA regulates all the entities and LLPs under the Companies Act, 1956 and Companies Act, 2013. The ROC is that authority, which takes care of registration or incorporation of a company in India.
Benefits Of ROC Compliances
The filing of annual returns contains compilation of total accounts of the company for the whole year. Filing helps to evaluate or analyze the financial position of the company. i.e if the company is in profit or loss.
Continuous filings with the ROC contains proof of the existence of the company. The government will alternate the record for the existence of the company based on the filings executed by the company. The company which has failed to give annual filings for a long time is considered as fake, or the name of the company can be strike off by the ROC.