Post Incorporation compliancy
This query is : Resolved
23 December 2022
Hi All,
I have registered a new company. I would like to know what are the post incorporation must have. I do not expect any major transactions in the business at least for a year. What are the must do form submissions apart from ADT-1 to ensure compliancy ?
I have registered a new company. I would like to know what are the post incorporation must have. I do not expect any major transactions in the business at least for a year. What are the must do form submissions apart from ADT-1 to ensure compliancy ?
23 December 2022
10 Post-incorporation Compliances for Private Limited Company
Register Official Company Address.
Meeting of Board of Directors (BODs)
Appoint the First Auditor of the Company.
Open Company Bank Account.
File Form INC-20A.
Issue share certificates.
Maintain books of accounts.
Annual Compliance for Private Limited Company
The annual compliances for Private limited company need to be filed within 6-8 months after the end of every financial year. However, if you have incorporated your company on or after January month then the first financial year will be of 15 months. The first Annual General Meeting (AGM) is conducted within 9 months from the end of the first financial year. Afterwards, the AGM holds within 6 months from the end of the financial year. Form AOC-4 and MGT-7 need to be filed within 30 days and 60 days respectively with the Ministry of Corporate Affairs (MCA) as part of company compliances. In AOC-4, signed audit reports of the financials of the company and board reports are submitted. In MGT-7, a list of shareholders along with details of all Board meetings during the year are submitted. LegalWiz.in provides expert solutions for annual compliances for private limited company.
Register Official Company Address.
Meeting of Board of Directors (BODs)
Appoint the First Auditor of the Company.
Open Company Bank Account.
File Form INC-20A.
Issue share certificates.
Maintain books of accounts.
Annual Compliance for Private Limited Company
The annual compliances for Private limited company need to be filed within 6-8 months after the end of every financial year. However, if you have incorporated your company on or after January month then the first financial year will be of 15 months. The first Annual General Meeting (AGM) is conducted within 9 months from the end of the first financial year. Afterwards, the AGM holds within 6 months from the end of the financial year. Form AOC-4 and MGT-7 need to be filed within 30 days and 60 days respectively with the Ministry of Corporate Affairs (MCA) as part of company compliances. In AOC-4, signed audit reports of the financials of the company and board reports are submitted. In MGT-7, a list of shareholders along with details of all Board meetings during the year are submitted. LegalWiz.in provides expert solutions for annual compliances for private limited company.
24 December 2022
Thnaks mr seetharaman.
my company is incorporated on Dec 2022. does that mean I have to do the filing this financial year as well ?
For maintain books of accounts ? is there any other software or freeware. I know we have tally but I am looking for a freeware.
my company is incorporated on Dec 2022. does that mean I have to do the filing this financial year as well ?
For maintain books of accounts ? is there any other software or freeware. I know we have tally but I am looking for a freeware.
24 December 2022
Yes.
Use tally as you have it.
Use tally as you have it.
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