Post Registration Rules for New Private Limited Companies

After registering your Private Limited Company, it's important to follow the protocol of post-registration rules to ensure legal compliance. One key rule is to maintain proper financial records to make informed financial decisions and fulfil legal requirements. Conduct regular board meetings to promote transparency and good governance within the company, like providing a platform for discussing important matters and making strategic decisions. Filing annual returns and financial statements with the Registrar of Companies (RoC) within the prescribed timelines is essential, as these documents contain information about the company's directors, shareholders, and financial performance, ensuring transparency. Compliance with tax regulations, including paying income tax, GST, and other applicable taxes on time, is necessary to avoid penalties and legal issues. Following these post-registration rules can ensure that your company operates legally and avoids potential problems.