What is the maximum time frame to hold the first AGM after incorporation?

The correct answer is that the maximum time frame to hold the first Annual General Meeting (AGM) after incorporation is 18 months. This is grounded in company law, particularly under the regulations governing the conduct of corporations.

Typically, companies are mandated to hold their first AGM within a specified period following their incorporation to ensure that initial stakeholders can make pivotal decisions regarding the company's operations and governance. An 18-month limit strikes a balance between providing new companies sufficient time to establish themselves and ensuring that shareholders have a chance to voice their opinions and participate in the management of the company's affairs without undue delays.

While some options reflect longer time frames, such as 24 months or 36 months, these would allow excessive delays that could hinder corporate accountability and shareholder involvement during the formative stages of a company. Holding the first AGM within 18 months encourages timely engagement with shareholders and compliance with governance principles within the corporate framework.