Post Incorporation Compliance
After the company’s incorporation, there are a few mandatory compliance, such as the filing of INC-20A, appointment of the first auditor, Share Certificate Franking etc. Call us now to get the same done for you.
Post Incorporation Compliance
Intimation of Registered Address to ROC
Nowadays a company may be incorporated on a Communication Address also. In other words, if you have not intimated the registered address, do it within 30 days of incorporation by filing the Form INC-22.
Commencement of Business
Every subscriber to the MOA (Promoter Shareholder) must remit their part of paid-up capital to the Company Bank Account. After that file Form INC-20A as a declaration for Commencement of Business.
Share Certificate & Franking
The Share Certificate to the subscribers of the MOA needs to be issued within 60 days of incorporation and stamp duty of appropriate value must be paid to the concerned state government.
First Auditor Appointment
The Directors of the Company must appoint the Statutory Auditor within 30 Days of the Incorporation, failing which the auditor must be appointed by the shareholders in an EGM within 90 Days.
Tax & Local Registrations Based on the Registered Address of the Company
GST REGISTRATION
GST Registration is one of the most basic registration for a business. Without GST Registration you may not be able to supply goods or service beyond your state. GST is a tax on the supply of goods or services for business.
MSME REGISTRATION (UDYAM)
The Micro Small and Medium Enterprises are the beneficiaries of several government schemes and concessions. As every startup generally qualifies to be an MSME, It is strongly recommended to register as MSME and obtain Udyam Certification.
SHOPS & ESTABLISHMENT ACT
This is the registration with the local labour office under the relevant Shops & Establishment Act as applicable to the state where company is incorporated. It is mandatory requirement within 30 days of incorporation of the company.
PROFESSIONAL TAX REGISTRATION
Except for northern India, the Professional Tax is applicable in most of the states. A company need to register with PT Office and pay the professional tax within 30 Days. In some states, the PT Registration for directors is also desirable.
IMPORT EXPORT CODE
For import or export, the IEC is necessary which is a PAN Based registration of the company with the DGFT. We can get you the IEC within the same day.
ACTIVITY-BASED REGISTRATIONS
There are several other Registrations or Licenses which your company may require based on the business activities, such as Trade License; FSSAI Registration; Drug License; PSARA.