FAQ

POST INCORPORATIONS COMPLIANCES

1. Is it mandatory to apply for PAN & TAN of Company?

Yes, it is first post incorporation activity of Company.

2. Is letterhead required for company?

The letterhead of Company required after incorporation as all official documents must be printed on letterhead of company.

3. What should be the contents of letterhead of Company?

The name, registered office address (with email id and contact number) and registration number (CIN) provided by concerned Registrar of Companies (ROC)

4. Is it mandatory to open bank account of Company?

Yes, one of the main activity post incorporation of company is opening of Bank account in the name of Company.

5. What is the time period to have a Registered Office by Company?

The company is required to have a registered office within 15 days of incorporation and file verification within 30 days in form INC-22 with ROC.

6. What is time period to deposit money for shares purchased by first subscribers?

Within two months from the date of incorporation.

7. Is it mandatory to appoint Auditor of a Company?

Yes, As per section 139(6) of Companies Act 2013, company has to appoint its first auditor within 30 days from the date of incorporation in a board meeting.

8. What is the period to issue share certificates to first subscribers of Company?

Within two months from the date of incorporation.

9. Is it mandatory to pay stamp duty on issue of share certificates?

Yes, stamp duty amount will be differ from state to state. In case of Delhi & Haryana stamp duty will be paid at Rs. 1 (Rupee One) per Rs. 1000/- (One Thousand).