The Ministry of Corporate Affairs (MCA) is set to introduce significant changes to the annual filing system with the launch of MCA-21 V3 portal. These comprehensive updates will revolutionize how companies handle their annual compliance requirements, introducing new forms, enhanced functionalities, and streamlined processes.
Introduction of Five New Annual Filing Forms
The most notable enhancement in V3 is the expansion of annual filing forms from 8 to 14, with the addition of 5 new forms. Previously, companies had access to only 8 annual filing forms in V2, but the new system introduces crucial linked forms that will enhance transparency and compliance. The five new forms include Extract of Auditor Report (Standalone),…
