Private Limited Company Formation

Obtain Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN):
Automatically issued upon registration; ensure they are obtained and used for tax purposes.

Open a Bank Account: Open a corporate bank account in the company’s name with approved documentation.

Commence Business: Start business operations after obtaining the Certificate of Incorporation.

Hold First Board Meeting: Within 30 days of incorporation, conduct the first Board Meeting to approve statutory records, appoint auditors, and approve financial year.

Statutory Registers and Records: Maintain statutory registers such as Register of Members, Register of Directors, Minutes Book, etc.

File Annual Financial Statements: Prepare and file financial statements and Annual Return (Form AOC-4 and MGT-7) annually with the Registrar of Companies (ROC).

Hold Annual General Meeting (AGM): Conduct AGM within 6 months from the end of the financial year, and at least once every year.

Taxation Compliance: File income tax returns annually and pay applicable taxes.

GST Registration and Compliance (if applicable): Register under Goods and Services Tax if turnover exceeds prescribed limits or for specific business activities.

Other Licenses and Permits: Obtain sector-specific licenses or permits as required for your business.