The First 100 Days
Receiving your COI is just the start. New founders often miss crucial post-incorporation steps, leading to frozen bank accounts or MCA strikes.
- INC-20A (Commencement of Business): Must be filed within 180 days of incorporation after the subscription money is deposited in the company bank account.
- First Board Meeting: Must be held within 30 days of incorporation.
- Auditor Appointment: The first auditor must be appointed within 30 days.
- Share Certificates: Must be issued to subscribers within 60 days.