If you can’t watch the video following are the points to read:

#1 Open your Company bank current account

  • Documents needed – Company PAN Card, Board Resolution for opening and operating company bank account

#2 Deposit the Share Capital money in your Bank Account

  • Timeframe Within 60 days of the Incorporation of the company, every shareholder must deposit.

  • Any shareholder holding shares worth Rs. 20,000 or more must pay only by way of cheque or internet transfer and not in cash.

#3 Issue the Share Certificates to Shareholders

  • The company must issue Share Certificates to its shareholders within 2 months of its Incorporation

#4 Disclosure of interest by Directors

  • Every Director of the Company in its First Board meeting after incorporation will disclose his or her interest (ownership or shareholding or directorship) in any other company/LLP/Firm.

#5 Trademark Registration

  • Protection against Copycats
  • Helps in expansion of business
  • Make money via royalty
  • Secure your brand and image

#6 GST Registration

  • If your current supply of goods or service is over Rs. 20 lakh, you need to get a GST Registration

#7 Accounting Process

  • A Private Limited Company has to maintain and update from time to time 7 to 8 mandatory registers like Register of shares, Register of Members, Register of Directors etc, besides Minutes of the Board Meetings and Annual General Meeting

#8 Board of Directors Meeting

  • The First Board meeting of a Pvt. Ltd. Company shall be conducted within 30 days of Incorporation
    Further, minimum 4 Board Meetings shall be held in a calendar year (one meeting in every 3 months).

#9 Shareholders Meeting

  • AGM need to be held once in every calendar year and within 6 months from the date of closure of the financial year.

#10 Income Tax Return Filing & ROC Filing of Annual Return