Procedures for running pvt ltd company

Entrepreneur (Working) (47 Points)

04 September 2011  

Hi All,

     I am planning to start a software business. For this, i incorporated my company. Now, one of the auditors, told to me that, you need to,

1. Have export license for FOREX

2. You need to conduct board meeting once in 3 months and submit the report

3. IT Should be filed once in 3 months

His words are just scaring me...  I did the incorporation without informing him.

Could you please advise me, what r all the things that i should follow to run this company?

Thanks in advance!