20/05/2021 Financial & Legal Services
Post Incorporation process for Company Registration in India
valid until: 20 May 2022date published: 20 May 2021
I.Steps to be followed after incorporation of the company
1.Opening a bank account to receive subscription money
2.The receipt of subscription should be obtained from the foreign subscriber
3.Declaration of commencement of business – filing of e-form 20A
4.As per FDI guidelines, collect the FIRC certificate from the bank
5.Issue of share certificate
6.Allotment of shares needs to be done within 2 months from the date of incorporation of the subsidiary company to the subscribers.
7.As per FDI guidelines, filing of FC GPR with the RBI needs to be done within 30 days from the date of allotment of shares to subscribers/foreign holding companies.
II.RBI Compliances
III.On receipt of funds
IV.On allotment of shares
V.Fund transfers
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