ROC Compliance: A Startup’s Lifeline
For newly incorporated private limited companies, receiving the Certificate of Incorporation is just the beginning. The Ministry of Corporate Affairs (MCA) imposes several strict post-incorporation compliances.
The Post-Incorporation Checklist
- INC-20A: Declaration of Commencement of Business within 180 days.
- Auditor Appointment: Form ADT-1 within 30 days.
- First Board Meeting: Within 30 days of incorporation.
Missing these deadlines can lead to heavy penalties and even the striking off of the company name from the ROC register.
