NBFC Annual Compliance
NBFC Annual Compliance– Overview
Every Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) must follow a strict annual compliance calendar. This includes filing statutory returns with RBI, submitting annual filings with the Registrar of Companies (ROC/MCA), maintaining minimum Net Owned Funds (NOF), adhering to prudential norms, and implementing governance policies.
Annual compliance is not just a legal requirement—it is essential to maintain the NBFC license, build investor trust, and remain inspection-ready. Missing timelines or incorrect filings can lead to penalties, restrictions, or cancellation of RBI registration.
At Cardiff Services, we provide end-to-end NBFC Annual Compliance Services in India, ensuring your NBFC meets all RBI, ROC, FEMA, and taxation requirements seamlessly.
Why Choose Cardiff Services for NBFC Annual Compliance
t Cardiff Services, we understand that NBFCs operate under dual regulation—RBI and MCA—which makes annual compliance complex. Our team of experts ensures timely filings, accurate reporting, and audit-readiness so your NBFC remains fully compliant.
We don’t just file returns—we provide a holistic compliance framework, covering governance, FEMA, taxation, and RBI inspections. With Cardiff Services, your NBFC stays compliant, credible, and future-ready.
Key Features of NBFC Annual Compliance
RBI Annual Filings: Preparation and filing of NBS returns, ALM, and statutory disclosures.
ROC/MCA Filings: Filing of AOC-4 (financials), MGT-7 (annual return), DIR-12, and event-based compliances.
Statutory Audit & Financial Reporting: Coordination of audits and preparation of financial statements.
Prudential Norms Review: Ensuring compliance with capital adequacy, provisioning, and asset classification.
Corporate Governance Support: Drafting board resolutions, maintaining registers, and meeting disclosure norms.
FEMA & FDI Compliance: Support in FC-GPR, FC-TRS, SMF, and FLA return filings (if applicable).
Tax & GST Compliance: Annual tax return filing and GST reconciliation.
Documents Required for NBFC Annual Compliance
Certificate of Incorporation and NBFC CoR (from RBI).
MOA & AOA of the company.
Audited financial statements.
Net Owned Fund (NOF) certificate and auditor’s report.
RBI return formats (NBS-1, NBS-2, NBS-7, ALM).
ROC/MCA filings of previous years.
Board resolutions and shareholder meeting records.
KYC/AML policies and Fair Practices Code.
FEMA filings and FDI documents (if applicable).
Tax filings and GST returns.
Step-by-Step Procedure for NBFC Annual Compliance
Compliance Calendar Setup – Identify due dates for RBI, MCA, FEMA, and tax filings.
Audit & Financial Review – Conduct statutory audit and prepare financial statements.
RBI Return Filing – Submit annual returns (NBS, ALM) on RBI portal.
MCA/ROC Filings – File AOC-4, MGT-7, and other statutory forms.
FEMA Reporting – File FC-GPR, FC-TRS, SMF, FLA Return if foreign investment is involved.
Tax & GST Compliance – File annual income tax return and GST reconciliations.
Governance Review – Update board minutes, registers, and policies.
Ongoing Monitoring – Maintain compliance tracker for timely submissions year after year.
Frequently Asked Questions
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If your desired name is already registered, you’ll need to choose a different name or modify it. Using a taken name could result in rejection by Companies House or potential legal issues. Our experts can help you brainstorm alternative names that are compliant and market-ready.
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For a company name search in Cardiff, you may need:
Proposed company name
Business entity type (Ltd, LLP, Partnership, etc.)
Jurisdiction (Cardiff / UK)
Owner or shareholder details (if applicable)
Business description
A “high probability” result means your proposed company name is likely to be available, but further checks are recommended. This is why our detailed Cardiff Company Name Search Report includes both identical and similar names for clarity.
Certain words are restricted under UK law (e.g., “bank,” “insurance,” “government”). If you want to use them, you’ll need special approval from regulatory bodies. We guide you through this process if your Cardiff business requires such terms