Licenses And Compliances Of Export Consultant Pvt Ltd Company

We have incorporated a new private limited company in August 2019. What are the immediate compliance(s) we need to follow- time period for that- is it that we need to follow compliance(s) from next financial year 1st April 2020 onward or earlier - will we get any notice /reminder from regular/authorities - MCA/ROC/any other concerned authorities or not? Is Company formation sufficient to start active business activities (activities of consultation about import/export/global trade or import/export by own company name or do we need any additional certifications/registrations/licenses/permits/ permissions memberships/others- for doing activities related to global trade.

Answer (1)

Arshi Noor

  • Sector-1, Noida

If the business is not involved in the export business, it does not require an Import Export Code.

Based on the state, registration such as shop & establishment act license, factory license, ESI / PF registration, etc., may be required. Also, in case the business proposes to manufacturer and export items like food products, approval from FSSAI may also be required A private limited company must have a minimum of two Shareholders and two Directors. A shareholder can be a person or a corporate entity. However, the Director has to be a person.

Answered on 07 Sep 2019

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