Compliance for Private Limited Company


BUSINESS PACKAGE FOR PRIVATE LIMITED COMPANIES

Every Private Limited Company, after its incorporation has to follow basic mandatory compliance as per the Companies Act, 2013. In order to stay compliant and to be free from all the headaches of compliance follow up, we DoBiz India provides you a Business packages at an affordable price to take care of your Private Limited Company. A team of expert Company Secretaries will maintain your company hassle-free.

MANDATORY COMPLIANCE FOR PRIVATE LIMITED COMPANY

Drafting Of Minutes Of The Meeting

Minimum of four (4) Board meetings has to be conducted by a Private Limited Company in a calendar year. The Minutes should be properly recorded and maintained in Minutes Book and Chairperson of the Meeting has to sign the Minute Sheets regularly.

Issue Of Share Certificates

After incorporation, share certificates have to be issued to the Shareholders of the Company. These Share Certificates will be issued once they deposit the share subscription money into the company bank account and it has to be done within 60 days from the date of incorporation.

Maintaining Statutory Registers

Statutory Registers such as Register of Directors, Register of Members, Register of Shares etc has to be recorded and maintained duly. We will take care of preparing and maintaining the registers and records of the company.

Appointment Of Statutory Auditor

Post –Incorporation within 30 days, the company has to appoint a Statutory Auditor in their first Board Meeting. Once the auditor is appointed, immediately it has to be intimated to the RoC by filing an e-form ADT-1. This is very important and should be followed by all Private Limited Company.

Convening Annual General Meeting

AGM is a shareholder meeting which should be held once in every year. For newly incorporated companies the AGM has to be conducted within 18 months from the date of incorporation and for an existing Private Limited Companies it should be within 15 months from the date of previous AGM.

Annual Filing And Annual Return

Every year after the end of financial year, all Private Limited Companies has to close their books of accounts and should prepare the necessary financial statements such as Balance Sheet, Profit & Loss Account. These financial statements have to be submitted to RoC, by filing necessary forms. If filing is not done, then the company will marked as Default Company which may lead to penalty and compounding offence.

Starting A Business

Many founders are confused about what kind of entity to register when they start their business. Should it be a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship. Each of these has very specific advantages and disadvantages. There is no one type for all businesses. A private limited company registration, for example, would be a good fit for any venture that will look for funding at a later stage. You can contact dobizindia for all the advice you need. We assure you of great service at a reasonable price.

Intellectual Property

In modern business, there is no other asset as valuable as intellectual property, and yet so many startups end up neglecting it. But this is surely not advisable, as trademarks, copyrights and patents ensure that you have sole rights to your creation, be it your brand, your designs or your inventions. At dobizindia, we are well equipped to handle all your IP requirements. We perform trademark registrations in just three days, can file a copyright registration for all your software, pictures, audio and video content, and can connect you to patent attorneys to conduct a patent search and file your patent applications.