Legal templates and next steps

Opening Bank Account – Within 30 days
Deposit Share Capital in the bank account – Within 30 days
Commencement Certificate – File this form with MCA within 60 days of registration. A fine of Rs 10000 for delay
Statutory Auditor appointment – File ADT 1 to appoint an auditor within 30 days
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%.

Employment Agreement

	0 – 20 Lakhs turnover	20 – 40 Lakhs turnover	40 – 80 Lakhs turnover
Accounting	Rs 4000 (once in year)	Rs 2000/month	Rs 4000/month
GST Returns	NA	Rs 1000/month	Rs 2500/month
TDS Returns	NA	Rs 500/month	Rs 500/month
Payroll (upto 5 employees)	NA	Rs 700/month	Rs 700/month
Statutory Audit	Rs 8000	Rs 15000/annum	Rs 20000/annum
Secretarial Compliances – AOC 4, MGT 7, ADT 1 and DI 3 KYC	Rs 5000	Rs 8000/annum	Rs 12000/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

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.
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.
PT (Professional Tax): Applicable to all the companies

Compliance	Due Date	Penalty/Interest for Delay
GST Returns – Only if you are registered under GST
GSTR-1	11th of the following month	Late fee: ₹50/day (₹20/day for Nil return)
GSTR-3B	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
AOC-4	30 days from the date of AGM	Additional fee: ₹100/day & Penalty: ₹50,000 to ₹5,00,000
MGT-7	60 days from the date of AGM	Additional fee: ₹100/day & Penalty: ₹50,000 to ₹5,00,000
ADT-1	15 days from the appointment of auditor	Penalty: ₹5,000 to ₹1,00,000
DPT-3	30th June (Annually)	Penalty: ₹5,000 to ₹25,000
Income Tax Return	30^th September	Interest: 1% per month (u/s 234A) & Late fee: u/s 234F. Fine Rs 5000