Most questions that employees raise are around culture, benefits and salary (CTC) in firms. There is a large space of compliances and other work that business owners, investors & stakeholders need to manage.
To start with – various types of firms exist, will not be explaining those in detail here but listing them for reference: Proprietorship, OPC, Private Limited, Partnerships, LLP, Public Limited and so on.
Intention of this blog is to provide a list of compliances that a private limited firm needs. This will be a helpful guide for those intending to setup their own firm.
- Annual filings with Ministry of Corporate Affairs
- MCA registration for firm
- Income Tax
- GST
- Professional tax
- Medical Insurance
- Group Life Insurance
- EPF & EPS
- Udyam
- Board meetings
- Balance sheet, income statements & accounting
- Appointment of CA & CS
- Director registration with MCA
- AOA & MOA
- Shops & Establishments Act
- Trademarks
- Patents
- Digital Certificates
- Bank accounts
- Salaries
- ESIC
- Shram Suvidha
Each of the topics above is a discussion in itself which we will explore in other parts of this blog sometime in future.
Email me: Neil@HarwaniSystems.in
