CSR Filing & Compliance
Your trusted partner for corporate social responsibility compliance — ensuring proper CSR planning, spending, and reporting under MCA regulations.
Overview
Corporate Social Responsibility (CSR) is a statutory obligation for companies meeting specific financial thresholds to contribute towards social and environmental initiatives. Governed under Section 135 of the Companies Act, 2013, applicable companies are required to spend at least 2% of their average net profits from the last three years on eligible CSR activities listed under Schedule VII.
Beyond spending, companies must maintain a CSR Policy, form a CSR Committee, and file an annual report in Form CSR-2 with the MCA. Failure to comply or properly transfer unspent amounts can lead to severe penalties on the company and its officers. Bizmint offers end-to-end CSR advisory, from policy drafting and project selection to meticulous reporting and compliance filing, ensuring your social impact is both meaningful and legally sound.
Key Benefits
Legal Compliance
Ensure full adherence to Section 135 of the Companies Act and prevent statutory defaults in CSR spending and reporting.
Enhanced Reputation
Build a strong brand image as a socially responsible corporate citizen through transparent and impactful CSR initiatives.
Social Impact
Contribute meaningfully to national development priorities including education, healthcare, and environmental sustainability.
Stakeholder Trust
Increase trust among investors, employees, and customers by demonstrating a commitment to ethical and social responsibility.
Sustainability
Integrate environmental and social sustainability into your core business strategy for long-term value creation.
Governance
Uphold high standards of board-level governance through proper CSR committee functioning and disclosures.
Eligibility Requirements
Ensure your business meets these basic criteria for a smooth registration process.
Expert Tip
Having all directors present in India is not mandatory, but at least one director must be a resident of India (stayed in India for 182+ days).
Documents Required
Keep these documents ready to fast-track your application.
Financials
- Latest 3 years P&L Statements
- Net Profit Calculation Sheets
- Audited Financial Statements
CSR Data
- CSR Policy (Approved)
- CSR Committee Resolutions
- Project Reports & NGO registration proofs
Corporate Proofs
- Certificate of Incorporation
- Board Report with CSR Annexures
- Digital Signatures of Signatories
Registration Process
Our seamless digital-first approach ensures completion in the fastest possible time.
Applicability Assessment
Evaluating your net worth, turnover, and profit thresholds to determine your CSR obligations for the current year.
CSR Policy Drafting
Developing a robust CSR policy aligned with Schedule VII activities and your company's core values.
Committee Formation
Assisting in appointing the CSR Committee and drafting the necessary board resolutions and charters.
Budget Allocation
Calculating the mandatory 2% spend requirement based on the average net profits of the preceding three financial years.
Project Selection
Conducting due diligence on NGOs and selecting eligible projects that meet both social needs and legal requirements.
Implementation Monitoring
Tracking fund utilization and project progress to ensure compliance with the approved CSR policy and plan.
CSR-2 Preparation
Drafting the comprehensive annual CSR report in Form CSR-2, capturing all spending and project details.
Final Filing
Submitting Form CSR-2 to the MCA along with the financial statements and the Board's Report.
Mandatory Compliance
Staying compliant is crucial for your company's good standing. Non-compliance may lead to penalties and director disqualification.
View All Compliance ServicesWhy Choose Bizmint?
We combine professional expertise with technology to provide the best-in-class incorporation experience.
FAQs
Common questions about CSR Filing & Compliance
Manage Your CSR Compliance
Ensure your social contributions are 100% compliant and impactful with expert CSR advisory and reporting services from Bizmint LLP.