What are the fixed expenses associated with Registered Pvt Ltd Companies?
The expenses that every private limited company has to bear whether it does busyness or not are:
- Cost of Chartered Accountant: Every registered company has to get its accounts audited by chartered accountant every year. Whether company did any business or made no profit, does not affect the requirement.
- Annual Filing of Accounts and Minutes of Meetings of Board of Directors: Every company has to file the annual accounts and minutes of Meetings with ROC. Again the revenue or profit does not change the applicability of this requirement.
Posted 3 years, 1 month ago by CA Pulkit Sharma
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