Finance/Compliance Consultant
62165 Points
Posted on 25 June 2026
Hi there,
While a 2-shareholder company structure sounds simple, a Chartered Accountant's certification carries professional liability and regulatory accountability, especially for statutory submissions like DPIIT or MCA.
Because a CA must verify the company’s statutory registers, bank statements (for share application money), and board resolutions before signing and applying their UDIN (Unique Document Identification Number), it involves formal professional time and risk. Therefore, finding a certification "free of cost" might be quite difficult.
However, since you are a DPIIT-recognized startup, here is what you should prepare to keep your compliance smooth and costs minimal when approaching a professional:
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Updated Cap Table / Shareholding Pattern: A clean breakdown of the equity held by both shareholders.
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PAS-3 (if applicable): The return of allotment filed with the MCA if new shares were recently issued.
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Statutory Registers: Specifically the Register of Members (Form MGT-1).
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Bank Certificates: Proof of remittance for the capital introduced.
If your documentation is perfectly in order, a local consultant or practicing CA might charge only a nominal compliance fee. I would highly recommend budget-friendly platforms or local practitioners who offer startup compliance packages.
Wishing your startup the best of luck with the DPIIT process!