Process for Filing of MGT- 7 required following steps i.e.,
Compilation ofdocuments required for filing the MGT- 7 i.e., Audited balance sheet, director report, auditor report, etc.
Then we have to file MGT- 7A form and fill up all the details and attach the documents with the form.
Now, Visit MCA portal and file the form after logging on the website.
Pay the fees displayed on dashboard.
Then after payment of fees form will be filed and we received the challan for same.
Now understand every process in detail: -
First, we have to compile all the documents and then proceed for filing of the form.
While filing of the form we have to enter various details about entity and its financials and attach all the relevant documents there in the form.
Now we have to visit the MCA portal where we have to first register the DSC of director and the auditor then we will file the form after attaching DSC of both the director and auditor.
After submitting form then we have to make payment and after that we received the challan of MGT- 7.
Documents Deliverable: -
MGT- 7 Form along with the challan.
Time taken under this process is about 2 days
Government fees for Filing of the form MGT-7 along with the penalty
Normal fees
Nominal share capital
Fee applicable
Less than 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 or more
600
Additional fee rules
There are additional fees of 100/day if MGT-7 not filed on due date.
Why Choose HireYourCA?
Why Choose HireYourCA?
There are several reasons why HireYourCA stands out as your go-to partner for business registrations and compliance:
Experienced and Qualified Team: Our CAs possess extensive knowledge and expertise.
Seamless Service: We handle the entire process, keeping you informed at every step.
Cost-Effective Solutions: Competitive pricing ensures value for your money.
Client-Centric Approach: We prioritize your needs and offer personalized guidance.
Technology-Driven Platform: Our user-friendly online platform enables easy tracking and access to documents.
Transparency and Trust: We maintain complete transparency and adhere to the highest ethical standards.
Eligibility
All companies registered under the companies act except small and OPC i.e., public, private, listed, unlisted companies.
Documents Required for Annual Return MGT-7
Now let’s Discuss about the documents need for filing of Form MGT 7A
Latest Audited Financial statements of the company along with UDIN.
Duly signed and stamped Director's Report on the letterhead of the company.
Duly signed and stamped List of shareholders and list of directors on the letterhead of the company.
And lastly digital signature certificate of Authorized signatory.
Benefits Of Getting Annual Return Mgt-7
Legal Compliance: It ensures that company is following the rules and laws
Transparency: Enhances transparency by making the company's financial information available to the public and stakeholders.
Avoid Penalties: - It helps to avoid penalties if everything done in a timely manner.
Record: - It helps to maintain record of company on MCA database
Regulatory Adherence: Maintains adherence to corporate governance standards and regulatory requirements.
Easy Access: - Anyone can easily access MGT 7A for their study by paying nominal fees to MCA.
