Top 10 Common Mistakes Startups Make in ROC Compliance (and How to Avoid Them)
Staying compliant with the Registrar of Companies (ROC) is one of the most important responsibilities for any business registered under the Companies Act in India. For startups, navigating these legal waters can often feel overwhelming due to limited experience, budget constraints, and rapid scaling. Unfortunately, many new ventures fall prey to startup ROC filings mistakes that can lead to penalties, legal hassles, and even disqualification of directors. To ensure your startup stays safe, let’s break down the top 10 ROC compliance errors and provide actionable strategies to avoid them. 1. Missing ROC Annual Filings Deadlines Startups frequently miss the deadlines for ROC annual filings like Form AOC-4 and MGT-7 due to lack of awareness or poor planning. These forms detail financial statements and annual returns and must be filed within 30 and 60 days respectively from the AGM. Tip: Use automated compliance calendars and engage a professional company secreta...