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Formalities after Incorporation a Pvt. Ltd. Co.

15 March 2011

Dear Valued Members,

A Private Limited Company Incorporated just Yesterday (14.03.2011). Please give me the details procedure to be followed step by step.

With thanks,

Abhijit Ghosh

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5 Replies

Devendra (Chartered Accountant) (4775 Points)
Replied 15 March 2011

1) Apply for a Tax Deduction Account No. (TAN No.) at your nearest Tax Information Network Centre (TIN Faciliation Centre).

2) Arrange for a AGM and appoint the Auditors of the Company.

Regards,

Devendra Kulkarni

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Sudipto Mukherjee ( Company Secretary) (192 Points)
Replied 15 March 2011

Hold the 1st Board Meeting for the appointment of the Auditors of the company, Fixation of Fiancial Year, Adoption of common seal, Approval of Preliminary Expenses, Opening of First Bank Account, Appointment of necessary officers.

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Sudhir Garg (Service) (236 Points)
Replied 15 March 2011

MR Devendra

No AGM required for appointment of First Auditors.

In addition to Mr Sudipta referred business, allotment of shares to subscribers, Registerd updation, Noting of First Directors and registered office, applying for PAN and TAN and any other required number like IEC, Service Tax Number, authorisation to any director to look after day to day affair and excution etc.

Apart from above, any requirment specific matter may be taken up.

Regards- Sudhir

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Nagesh babu K L (Company Secretary) (51 Points)
Replied 16 March 2011

Mr. Devandra,

As per the trailing mail, in the first BM u may also include disclosures of Directors, printing ,approval and issue of Share certificates, noting of MOA and AOA, responsibility delegation matrix, maintainence of minutes book etc.

Any other aspects as requested.

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RAJESH SHUKLA (SERVICE) (543 Points)
Replied 16 March 2011

Mr. Devendra,

Apply for TAN with filing of 49B, Apply of PAn with 49A, print the AOA & MOA with containing 1st of Certificate of incorporation, after getting PAN you can open the Bank account with desired bank and take purchase all assets in the name of company for your accounting purpose. Finally your 1st Balance sheet will be period of 14.03.2011 to 31.03.2011. Now you can note each & every details in routine manner.

1 Like