Compliance for a new private limited company starts immediately — within the first 30 to 90 days after incorporation.
Team Entrecap has listed every one of them below, in the order the deadlines fall. To avoid costs and late fees, it is advisable to comply as soon as possible after incorporation.
Seven compliances, in the order they fall due
- D1NOW
Name board
Not reported to anyone, but a requirement under the Companies Act.
- Put the company’s name plate up outside its registered office address.
- D1NOW
PAN, TAN and income tax registration
Under SPICe+ incorporation, the MCA issues PAN and TAN with the certificate of incorporation. The company still has to:
- Create its account on the income tax e-filing portal.
- Register its key persons and the authorised signatory.
- Have the person authorised for tax returns register their Digital Signature on the portal.
- 30DAYS
Registered office address
It is optional — and sometimes even desirable — to leave the registered office address out of the SPICe incorporation form.
- If you did, file form INC-22 with the Registrar of Companies (RoC) within 30 days of incorporation.
- 30DAYS
First board meeting
Directors must hold the first board meeting within 30 days of incorporation. The notice and agenda should ideally cover:
- The format of the company letterhead.
- Appointing the first statutory auditors, for a term up to the first annual general meeting.
- Directors’ disclosure of interest in form MBP-1.
- Choosing the bank for the company’s current account.
- 60DAYS
Issue shares and share certificates
The board issues shares to the first subscribers to the Memorandum of Association.
- Share certificates follow the format in Form SH-1.
- The company has to pay adequate stamp duty on the share certificates.
- 180DAYS
Certificate to commence business
Even a private limited company now needs a certificate to commence business. It has two conditions:
- The subscribers deposit their initial subscription money.
- The registered office address is verified.
- +AS NEEDED
Other state and local registrations
Mandatory or desirable depending on your state and business:
- Professional tax
- Trade licence
- Shop and establishment registration
Our corporate compliance team does all of this for you
Well-established procedures for every newly incorporated company — drafted, filed and tracked to its deadline.
Registered office filing
INC-22 prepared and filed with the RoC inside 30 days.
- Address proof checked
- Owner’s NOC drafted
- Filed and tracked to approval
First board meeting kit
Everything the directors need to sign at the first meeting.
- Notice, agenda and minutes
- First auditor appointment
- MBP-1 and bank resolution
Share certificates
Shares issued to subscribers within 60 days.
- Certificates in SH-1 format
- Stamp duty worked out and paid
- Register of members updated
Commencement of business
Declaration filed well before day 180.
- Subscription money confirmed
- Registered office verified
- Declaration filed with MCA
Income tax portal set-up
Your company ready to file from day one.
- E-filing account created
- Key persons and signatory added
- DSC registered for returns
State and local registrations
Only the ones your state and business actually need.
- Professional tax
- Shop and establishment
- Trade licence
Name board and letterhead
The details the Act requires, shown correctly.
- Name board wording checked
- Letterhead format for board approval
First-year compliance calendar
So year-end compliance never sneaks up on you.
- Statutory registers set up
- Annual filing dates mapped
- Reminders before each deadline
We Are What Our Clients Say About Us
GAvailed the services for registration of LLP and GST registration. Very helpful and knowledgeable guidance given at Entrecap business services. Entire process was very smooth and all queries were handled very well.
Satyajith Bengre
Our LLP’s annual compliance, including all Roc Forms and income tax returns, has been handled by Entrecap Business Services. All queries are promptly answered, and all paperwork is completed far ahead of schedule. I was quite pleased with their attitude.
Sandeep Soni
“Team Entercap Business Services Incorporated our LLP in Pune. The process was seamless. More particularly, the advice on the name availability and guidance about documentation was very helpful. We are highly satisfied. Entercap team is very professional and proactive in their services. We would like to wish team Entercap all the best.”