Post-incorporation steps
First board meeting, auditor, share certificates, commencement declaration.
All business setup & registrations services
Business Setup & Registrations
First-Year Compliance Calendar
A new company has more filings in its first year than most founders expect: the first board meeting, appointing the auditor, the commencement of business declaration, statutory registers, GST and TDS from the first invoice and payment, and the first annual returns. FinAura puts every one on a single calendar with an owner, and does the filings.
- Certification through associate practising CAs and CSs
- Bangalore and across India
- One team from set-up to compliance
What is covered
What the First Year Covers
Every filing a new company owes, from the certificate to the first AGM.
Statutory registers
Registers of members, directors and charges set up and kept.
Tax from day one
GST, TDS and advance tax set up as soon as they apply.
Employer filings
PF, ESI and professional tax when you hire.
Year-end
Financial statements, audit, AGM and the annual ROC and tax returns.
One calendar
Every filing with a date and an owner, shared with you.
How the month runs
The First Year, Step by Step
Set up, operate, run, close.
First weeks
Set up
- Board meeting
- Auditor appointed
- Bank and PAN
First months
Operate
- Commencement filing
- GST and TDS
- Registers
Through the year
Run
- Monthly returns
- Board meetings
- Payroll filings
Year-end
Close
- Audit
- AGM
- Annual returns
Your part
What We Need From You
- 01Incorporation documents
- 02Plans for hiring and invoicing
- 03Bank and accounting access
Our part
What You Get
- A calendar of every first-year filing
- Each filing done and confirmed
- Registers and minutes kept
- A clean first annual filing
A common question
What do new companies most often miss?
The commencement of business declaration, appointing the first auditor, the first board meetings, and TDS on early payments such as rent and professional fees. Missing them leads to penalties that are easy to avoid.
A single calendar from the first week is the simplest way to avoid that.
See ROC and corporate complianceYear-endAudit, AGM, returns
RunningTax and payroll filings
Set-upBoard, auditor, registers
Who it is for
Who Uses the Calendar
Newly incorporated companies
From the certificate to the first AGM.
New LLPs
The LLP's first-year filings.
Founders without a CS
Company secretarial work handled.
Companies registered elsewhere
Picking up the first year mid-way.
The rules, in plain English
What the Law Says
Companies Act, 2013
Section 10A
A company with share capital declares that subscribers have paid for their shares before it starts business or borrows.
Official source: mca.gov.inCompanies Act, 2013
Section 139(6)
The first auditor of a company is appointed by the Board within the time the Act sets after incorporation.
Official source: mca.gov.inCompanies Act, 2013
Sections 96 and 173
Companies hold board meetings through the year and, except One Person Companies, an annual general meeting after each financial year.
Official source: mca.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
First-Year Compliance Questions, Answered
What must a new company do after incorporation?
Hold the first board meeting, appoint the first auditor, issue share certificates, file the commencement of business declaration, open the bank account and set up the statutory registers.
When is the first AGM?
Within the time the Companies Act sets after the end of the first financial year. We put it on the calendar from the start.
Does a new company need an audit in its first year?
Yes. Every company's financial statements are audited, including the first year's.
Can you handle all of it?
Yes: ROC filings, accounting, GST, TDS and payroll compliance, from one team.
Often Taken Together
All 15 Business Setup & Registrations services01Business Setup & RegistrationsPrivate Limited Company RegistrationName approval, incorporation documents, PAN, TAN and the post-incorporation steps, filed and coordinated for you.02Business Setup & RegistrationsDigital Signatures and DINDigital signature certificates and director identification numbers arranged for everyone who has to sign.03Tax & ComplianceROC & Corporate ComplianceAnnual ROC filings, director KYC, event-based filings and LLP to company conversion.04Accounting & FinanceAccounting & BookkeepingClean, current books every month, reviewed by a Chartered Accountant.