Opening of Bank account

Since the company is an artificial entity, the transactions cannot be done in the name of any natural person. All newly registered companies must open the current account with any bank and transfer the initial capital as decided at the time of the incorporation.

Hold First Board meeting (Within 30 days)

As per Section 173(1), of The Companies Act 2013, all newly incorporated company shall hold a meeting of the Board of Directors in less than 30 days from the date of its incorporation. Directors are allowed to attend the meeting either in person or through video conferencing.

Issue of Share Certificates (Within 60 days)

The issuance of share certificates to shareholders is a time-bound process. Within 60 days from the date of incorporation, a share certificate must be issued to the shareholder. In the event of additional shares being allotted, the same time period of 60 days is counted from the date of allotment for the issuance of the share certificate.

Filing of Commencement of business form (within 180 days)

The filing of INC-20A, also known as the Commencement of Business declaration, is a compulsory requirement for Private Limited Companies. This declaration is necessary for these companies to engage in business transactions and obtain financial assistance from institutions to effectively manage their operations. It is important to emphasize that Private Limited Companies cannot initiate their business operations without submitting this declaration to the Registrar of Companies.

First Auditor Appointment (Within 30 days)

Within 30 days of company registration, every company, excluding government companies, is obligated to appoint its first auditor. The board of directors of the company is responsible for making this appointment within the stipulated time frame.

Income Tax Return

Every company needs to file Income tax returns on or before 30th September after end of financial year.

Filing of DIN KYC

All the directors of the company must file DIN eKYC or DIR-3 eKYC as the case may be. Director must provide a unique personal mobile number and a personal email address for filing the said form. There's a penalty of Rs.5000 in case of non-filing to file DIN KYC and also DIN of the Director gets Deactivated.

Filing of AOC-4 and MGT-7/7A

Every company needs to file AOC-4 within 30 days of AGM and MGT-7/7A within 60 days from the date of the AGM of the company to avoid late fee or penalty.

Compliance with Other Laws

Registrationseva is well-equipped to assist businesses with their post-incorporation compliance requirements. They understand that compliance is an ongoing process and provide comprehensive support to ensure businesses meet their legal obligations. Registrationseva can help in obtaining the necessary registrations and licenses required for the smooth operation of the business, such as GST registration, professional tax registration, Shops and Establishments Act registration, and more.

They can also assist in maintaining proper books of accounts and preparing financial statements in accordance with the applicable accounting standards. Registrationseva can provide guidance on statutory compliances, such as filing annual returns, conducting board meetings, and maintaining minutes of meetings as per the Companies Act.

Furthermore, they can support businesses in filing various tax returns, including income tax, GST, TDS, and advance tax, ensuring accurate and timely submission. They stay updated with the latest regulatory changes and help businesses comply with any new regulations or amendments.

Overall, Registrationseva acts as a reliable compliance partner, helping businesses navigate the complex landscape of post-incorporation compliance and ensuring adherence to legal and regulatory requirements. With their expertise, businesses can focus on their core operations while having peace of mind that their compliance obligations are being effectively managed.