ROC Full Form – Registrar of Companies
ROC Full Form – Registrar of Companies manages the way and administers the functioning of various companies registered under the Companies Act,1956. The ROC has a responsibility to make sure that the companies are properly enrolling and the record or data enter with accurate. ROC has been maintaining the register correct records, recognize the company enlist with them, and build the data available for any person in exchange for the certified charge.
ROC Meaning And ROC Full Form Rules And Regulation :
As per the Companies Act, there are compliances that should be documented by each private association enlisted under the Companies Act. These compliances are finished by the ROC full structure. Yearly compliances are documented by the ROC full structure and these incorporate yearly return draft, disclosure by Directors, and invigorating the Statutory Register. All goes under ROC full structure compliances.
Maintain the book of accounts :
Compulsory every company need to maintain the books of accounts. This is a fundamental advance, for legitimate reasons as well as for business reasons too. The Companies Act 2013 has made it compulsory for each business holder to keep up books of records.
This would be useful for business as this would be educational to the executive of the organization to know whether the business is making benefits or bringing about misfortunes. TDS return recording, GST return documenting, advantage evaluation structure, all incorporate the demonstration of keeping up books of records.
Make financial statements :
As well as the books of accounts, the company need to make the financial statement of the firm. The financial statements indicate the financial position of the firm, performance, and changes in the monetary situation of an assessee and join asset report, advantage and disaster account, and various articulations and illustrative notes shaping part thereof.