I registered a company in Nov 2010 and company hasn't done any business this year for the company and only company registration was done and I got the registration certificate from ROC by email.
After that no PAN card registration was done. Hence, no company current account and hence no money has been transferred by shareholder to company account for shares. (paid capital)
So, for year 2010-2011 I want to know what are the things I need to do to make sur company doesn't face any issues from ROC in future ?
Can you please mark them following with comments ? and what are the additional things we need.
1) company PAN card
2) current account for company
3) The Statutory Audit
4) We need to provide you first the Memorandum of Association printed at the time of Registration of the company to start any work on PAN or appointment of Auditor.
5) Do we need to transfer money in company current account ? [paid capital of 1 Lakh] --- please advise here
6) We didn't get the company incorporation certificate by postal mail.. Will we need this now while completing the formalities ? - please advise here
7) As the company has not started its operations so are, there shall not be any liability for the company for Tax Audit u/s 44AB of Income Tax Act. [So we will not face any issues from IT department if we don't file IT this year for the company ]
Please if there is anything else and also comment the above points with your expert opinion.
Thanks,
Amit
CAclubindia
