• Financial Statements: Section 8 Companies must prepare and submit audited financial statements, including the balance sheet, profit and loss statement, and cash flow statement.
• Annual Returns: The company is required to file its annual returns with the Registrar of Companies (RoC), containing details such as the company’s activities, financial performance, and shareholding patterns.
• Board and General Meetings: Minutes of the board meetings and general meetings, along with attendance registers, should be maintained and made available for inspection.
• Statutory Registers: Section 8 Companies need to maintain various statutory registers, such as the register of members, register of directors, register of contracts, and register of investments.
• Income Tax Returns: The company must file its income tax returns with the tax authorities, disclosing its income, expenses, and deductions, as per the applicable tax laws.

• Financial Statements Preparation: The company’s accounts need to be prepared in compliance with the applicable accounting standards and audited by a qualified Chartered Accountant.
• Annual Returns Filing: The company should file its annual returns with the RoC within the prescribed timeframe, providing accurate and up-to-date information.
• Maintenance of Statutory Registers: The statutory registers must be properly maintained and updated regularly, ensuring compliance with the Companies Act, 2013.
• Conducting Meetings: The company should hold board meetings and general meetings as per the legal requirements, maintaining proper records and adhering to the decision-making processes.
• Income Tax Compliance: Ensure timely filing of income tax returns and payment of taxes, fulfilling the company’s tax obligations as per the Income Tax Act, 1961.

All registered Section 8 Companies, which are non-profit organizations and established with the intention of promoting charitable or social objectives, are required to comply with the Annual Compliances. These companies should hold a valid Certificate of Incorporation granted by the RoC.

• Legal Compliance: Annual Compliances ensure that the Section 8 Company operates within the legal framework, promoting transparency and maintaining stakeholder trust.
• Regulatory Protection: Fulfilling annual compliances helps protect the company and its directors from legal repercussions and penalties.
• Good Governance: Complying with the annual requirements helps establish robust governance practices, fostering responsible decision-making and accountability.
• Investor Confidence: By meeting the compliance obligations, the Section 8 Company can build confidence among potential investors, donors, and funding agencies.
• Tax Benefits: Compliance with annual tax-related requirements enables the company to avail tax exemptions and benefits applicable to Section 8 Companies.