After getting certificate of incorporation a company has to comply with the various compliances under The Companies Act,2013.
♦ After Incorporation Compliances:
If the company was registered with a temporary address the details of permanent registered office has to be filed filing of INC-22 for Verification of its Registered Office in Form INC 22 within 30 days of Company registration.
Companies are required to affix the name of the company and address of its registered office outside every office or place in which it carries on business.
Obtain Permanent Account Number (PAN).
After incorporation of the Company, it is necessary to open a Current Account in the name of the Company with any Bank in India
The Board of the company will appoint the First Auditors who is a Chartered Accountant who holds a valid certificate of practice within thirty days from the date of registration of the company.
The company shall hold a meeting of the Board of Directors within 30 days from the date of incorporation.
All the directors shall disclose interest in any entity at first board meeting of the company.
Company shall deliver the certificates to subscribers of the memorandum within a period of two months from the date of incorporation.
Company can commence its business operation only after filing the declaration of Commencement of Business. within a period of 180 days of the date of incorporation of the company in Form INC 20A.
The company shall be required to maintain statutory registers at the registered office of the company.
♦ Annual compliances:
Every registered company is required to conduct minimum 4 board meeting every year. The maximum gap allowed between two consecutive board meetings is 120 days.
The first annual general meeting shall be held within a period of nine months from the date of closing of the first financial year of the company and subsequent meeting within a period of six months, from the date of closing of the financial year.
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