Annual legal obligations for a private limited company typically include filing annual returns and financial statements with the Registrar of Companies. These documents provide an overview of the company's financial health and operations. Additionally, conducting an annual general meeting (AGM) is mandatory, where shareholders discuss company matters, approve financial statements, and appoint auditors. Compliance with tax regulations, such as filing income tax returns and paying applicable taxes, is crucial. Maintaining proper records, adhering to corporate governance guidelines, and fulfilling any specific industry-related requirements are also part of the company's legal obligations to ensure transparency, accountability, and legal compliance.
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