Legal templates and next steps

Important Steps after the company is registered:

  1. Opening Bank Account – Within 30 days 
  2. Deposit Share Capital in the bank account – Within 30 days 
  3. Commencement Certificate – File this form with MCA within 60 days of registration. A fine of Rs 10000 for delay
  4. Statutory Auditor appointment – File ADT 1 to appoint an auditor within 30 days
  5. Share Certificates – Print share certificates and issue them to the shareholders. Pay the appropriate stamp duty on the same. The stamp duty is 0.005%.

Download word format - Important legal templates

Compliance Packages - The most economical compliance packages

0 – 20 Lakhs

20 – 40 Lakhs

40 – 80 Lakhs


Rs 4000 (once
in year)

Rs 2000/month

Rs 4000/month

GST Returns


Rs 1000/month

Rs 2500/month

TDS Returns


Rs 500/month

Rs 500/month

Payroll (upto
5 employees)


Rs 700/month

Rs 700/month


Rs 8000

Rs 15000/annum


Compliances – AOC 4, MGT 7, ADT 1 and DI 3 KYC

Rs 5000

Rs 8000/annum


Income Tax
return for company

Rs 3000

Rs 5000/annum

Rs 8000/annum

Cost for Other registrations:

GST Registration – Rs 3000

Udyam/MSME – Rs 999

Startup India Application – Rs 4999

Import Export – Rs 1500

When is TDS, GST and PT applicable to you:

  1. TDS (Tax Deducted at Source): Applicable when a private limited company makes specific payments, such as salaries, rent (above INR 2,40,000 per annum), or commissions (above INR 15,000 per annum), or any kind of contract of professional fees above Rs 3000 and is required to deduct tax before making the payment to the recipient.
  2. GST (Goods and Services Tax): Applicable when a private limited company provides goods or services, and its annual turnover exceeds the specified threshold of INR 20 lakhs  for service providers, and INR 40 lakhs for suppliers of goods, requiring the company to collect and remit GST on taxable supplies.
  3. PT (Professional Tax): Applicable to all the companies

Due dates and Penalties:


Due Date

Penalty/Interest for Delay

GST Returns – Only if you are registered under GST


11th of the following month

Late fee: ₹50/day (₹20/day for Nil return)


20th of the following month

Interest: 18% p.a. & Late fee: ₹50/day (₹20/day for Nil return)

TDS – Applicable if you pay rent, salary or professional fees to anyone

TDS Payment

7th of the following month

Interest: 1.5% per month

TDS Return

31st Jan, 31st May, 31st July, 31st Oct

Late fee: ₹200/day (max. TDS amount) & Penalty: ₹10,000 to ₹1,00,000

PT Returns – Mandatory for everyone

PT Return (MH)

30th June (Annually)

Penalty: 10% of tax due & Interest: 1.25% per month

PT Return (KA)

20th of the following month

Penalty: Varies & Interest: 1.5% per month

Secretarial Compliances – mandatory for everyone


30 days from the date of AGM

Additional fee: ₹100/day & Penalty: ₹50,000 to ₹5,00,000


60 days from the date of AGM

Additional fee: ₹100/day & Penalty: ₹50,000 to ₹5,00,000


15 days from the appointment of auditor

Penalty: ₹5,000 to ₹1,00,000


30th June (Annually)

Penalty: ₹5,000 to ₹25,000

Income Tax Return

30th September

Interest: 1% per month (u/s 234A) & Late fee: u/s 234F. Fine Rs 5000

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