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