Post-Incorporation Compliance Checklist Generator for Newly Incorporated Companies
Problem
Newly incorporated companies often miss or delay mandatory post-incorporation formalities required under the Companies Act, 2013. These tasks, such as filing Form INC-20A, appointing the statutory auditor, issuing share certificates, maintaining registers, and obtaining regulatory registrations that are time-bound and document-intensive. Without a structured checklist, companies risk non-compliance, penalties, and operational delays.
Prompt Input
Act as a Company Secretary specializing in post-incorporation requirements under the Companies Act, 2013. Based on the documents and information provided for the newly incorporated company, generate a detailed post-incorporation compliance checklist. Your Tasks: 1)Certificate & Foundational Documents Create checklist items for verifying the Certificate of Incorporation, PAN, TAN, MOA, AOA, DIN, DSC, and subscriber details. 2)Bank Account and Capital Compliance Provide checklist points for opening the company bank account, verifying receipt of subscription money, and retaining necessary proofs. 3)Commencement of Business (INC-20A) Include checklist items on statutory timelines, filing requirements, and documentary support for INC-20A. 4)First Board Meeting Generate checklist items covering scheduling, agenda points, approvals, and documentation for the first board meeting. 5)Statutory Auditor Appointment Add checklist items for appointing the first auditor, obtaining consent, and filing ADT-1 within the required timelines. 6)Share Certificate Issuance Provide checklist points for preparing, stamping, and issuing share certificates within 60 days, and maintaining related registers. 7)Statutory Registers & Records Create checklist items for maintaining registers such as Members, Directors, Share Transfers, and other mandatory records. 8)Regulatory Registrations & Licenses Add checklist items for GST, Professional Tax, Shops & Establishment, EPFO/ESIC, IEC, MSME, and any activity-specific licenses. 9)Internal Controls & Organizational Policies Provide checklist items for basic internal systems including accounting setup, HR documentation, data protection practices, and company seal (if any). Output Required: Generate a structured, audit-ready post-incorporation compliance checklist organized into sections, with clear action items, responsible persons, and timelines where applicable.
Prompt Output
A structured, audit-ready post-incorporation compliance checklist organized into sections, with clear action items, responsible persons, and timelines where applicable is generated.