Next Formalities after floating the company
This query is : Resolved
26 March 2008
What are the next formality after floating a company.. i mean the next instant ones???
26 March 2008
IF IT IS A PUBLIC LTD COMPANY YOU HAVE TO GET THE COMMENCEMENT OF BUSINESS CERTIFICATE AND THEN YOU HAVE TO STATRT THE BUSINESS.
YOU HAVE TO TRANSACT ALL THE TRANSACTION THROUGH YOUR BANK ACCOUNT,
YOU HAVE TO APPLY FOR PAN.TAN,TIN STAX REG NO OR EXCISE REGD NO AS REQUIRED AND SO ON ...........
YOU HAVE TO TRANSACT ALL THE TRANSACTION THROUGH YOUR BANK ACCOUNT,
YOU HAVE TO APPLY FOR PAN.TAN,TIN STAX REG NO OR EXCISE REGD NO AS REQUIRED AND SO ON ...........
26 March 2008
no it is a pvt ltd company ... and i have applied for the PAN.. and i can open the bank acc only after i get the PAN ... wat bout appointing auditors etc??
10 April 2008
AFTER FLOATING A COMPANY IN THE FIRST MEETING OF BOARD OF DIRECTORS ,THE FOLLOWING ISSUES ARE DECIDED AND ACTED UPON.
1.MAKING COMMON SEAL
2.APPLYING FOR PAN
3.OPEN BANK ACCOUNT
4.DELEGATE POWERS TO A COMMITTEE OF DIECTORS OR EXECUTIVES TO TAKE CERTAIN ACTIONS FOR THE COMPANY'S BUSINESS LIKE - -APPLYING FOR LICENCES,
-ACQUIRE LANDS,APPLY FOR VAT,CENTRAL EXCISE LICENCES,SERVICE TAX,TAN,TIN
-ACQUIRE OWN OR LEASED PREMISES,FACTORY LICENCE
-APPLY FOR IEC CODE,
-APPOINT AUDITORS
-DELEGATION OF POWERS FOR SPENDING MONEY FOR COMPANY,'S BUSINESS UP TO CERTAIN LIMITS-MAKING PURCHASES OF CAPITAL OR REVENUE NATURE
-OPENING OF BRANCHES AND -RECRUITMENT OF STAFF AT ALL LEVELS
-APPLYING FOR BRANCH LICENCES
6. APPROVAL OF ANNUAL BUSINESS PLANS,APPROVAL OF BUDGET-FIN/OPERATIONS
LATER IN A SECOND MEETING AND SUBSEQUENT MEETINGS OF BOARD,THE DEVELOPMENTS MAY BE REVIEWED AND FURTHER NECESSARY STEPS TO BE TAKEN.
R.V.RAO
1.MAKING COMMON SEAL
2.APPLYING FOR PAN
3.OPEN BANK ACCOUNT
4.DELEGATE POWERS TO A COMMITTEE OF DIECTORS OR EXECUTIVES TO TAKE CERTAIN ACTIONS FOR THE COMPANY'S BUSINESS LIKE - -APPLYING FOR LICENCES,
-ACQUIRE LANDS,APPLY FOR VAT,CENTRAL EXCISE LICENCES,SERVICE TAX,TAN,TIN
-ACQUIRE OWN OR LEASED PREMISES,FACTORY LICENCE
-APPLY FOR IEC CODE,
-APPOINT AUDITORS
-DELEGATION OF POWERS FOR SPENDING MONEY FOR COMPANY,'S BUSINESS UP TO CERTAIN LIMITS-MAKING PURCHASES OF CAPITAL OR REVENUE NATURE
-OPENING OF BRANCHES AND -RECRUITMENT OF STAFF AT ALL LEVELS
-APPLYING FOR BRANCH LICENCES
6. APPROVAL OF ANNUAL BUSINESS PLANS,APPROVAL OF BUDGET-FIN/OPERATIONS
LATER IN A SECOND MEETING AND SUBSEQUENT MEETINGS OF BOARD,THE DEVELOPMENTS MAY BE REVIEWED AND FURTHER NECESSARY STEPS TO BE TAKEN.
R.V.RAO
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- Free lancer income
- STCG FOR GOLD ETFs
- Specified Profession
- Long Term Service award taxability in hands of company
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
