What are the fixed expenses associated with Registered Pvt Ltd Companies? - Professionals - Legal - TIK Share
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What are the fixed expenses associated with Registered Pvt Ltd Companies?


CA Pulkit Sharma

2014-01-01

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:

  1. 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.
  2. 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.