COMPLIANCE AFTER INCORPORATION

This article basically focus on the Compliance to be done after the incorporation of the Company within 30 days.

These compliances are very important and we need to adhere the same as per the Registrar of Companies Norm.

1. Opening of a Bank Account.

Opening of Bank Account is very important or vital role or initial step after the Incorporation of the Company. And for starting the business or carry on any operations therein, the Bank Account plays a very vital role.

2. Introduce Share Capital

The Introduction of Share Capital has to be done to issue shares to the Subscribers of the Company.

3. First Board Meeting of the Company

First board Meeting of the Company should be held.

4. Compliance Related to Stationery

Companies are required to print its cards , Letterheads as per section 12 of companies Act 2013 stating the address.

5. File Form INC 22

All the Companies are required to file Form INC 22 with the Registrar of Companies.

6. Appoint Auditor

Appoint First Auditor of the Company.

7. Professional Tax Registration

It is mandatory to Register for Professional Tax .

8. Office/Shop Registration

If you are operating from the Registered office which you have mentioned at the time of incorporation then you are not required to registered under this act.

9. GST Registration

In the GST regime, businesses whose Turnover exceed Rs.20 Lakhs( Rs. 10 Lakhs For NE and hill states) is required to be registered for Normal Taxable Registration. This Process is called GST Registration. 

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