India Services
We Provide Following Services to India Cliets.
Incorporation services assist entrepreneurs and businesses in registering and establishing their entities in India. This includes choosing the appropriate business structure (such as Private Limited Company, Limited Liability Partnership, or One Person Company), drafting incorporation documents, obtaining necessary approvals, and registering with regulatory authorities like the Ministry of Corporate Affairs (MCA).
Incorporating a foreign company in India involves navigating a series of procedural and regulatory steps to establish a legal entity capable of conducting business within the country's jurisdiction. The process begins with obtaining Digital Signature Certificates (DSCs) for proposed directors and securing Director Identification Numbers (DINs) from the Ministry of Corporate Affairs (MCA). Following this, the company seeks approval for its proposed name, ensuring compliance with naming guidelines outlined by the Companies Act, 2013.
incorporation documents, including the Memorandum of Association (MOA) and Articles of Association (AOA), are prepared, detailing the company's objectives and operational framework. These documents, along with requisite forms and fees, are filed with the Registrar of Companies (ROC). Upon successful scrutiny, the ROC issues a Certificate of Incorporation, formally recognizing the foreign company's legal status in India.
Incorporation services handle day-to-day bookkeeping tasks, such as recording sales, purchases, receipts, and payments. They maintain organized financial records, reconcile bank accounts, and categorize transactions accurately to provide a clear picture of the company's financial health.
Direct Taxation:
Incorporation services offer expertise in direct taxation, including income tax compliance and planning for businesses and individuals. They prepare and file income tax returns, calculate tax liabilities, and advise on tax-saving strategies under the Income Tax Act, 1961.
Indirect Taxation:
Incorporation services assist businesses in complying with Goods and Services Tax (GST) regulations. We help with GST registration, filing GST returns, maintaining GST records, GST Refunds and navigating GST audits and assessments.
Incorporation services manage payroll functions for businesses, including calculating employee salaries, deductions, and benefits, PF, ESI and PT Returns as per Labour laws. They handle payroll tax withholding, generate pay slips, and facilitate timely disbursement of wages.
Incorporation services provide strategic advisory and consulting services to help businesses make informed decisions and optimize their financial performance. This may include financial planning and analysis, budgeting and forecasting, cash flow management, investment advisory, and risk assessment.
Tax Audit: Tax audit is a critical process aimed at ensuring the accuracy and compliance of tax filings by businesses and individuals with the provisions of the Income Tax Act, 1961, in India. Mandated for specific taxpayers meeting prescribed thresholds, tax audit is conducted by qualified chartered accountants or auditors appointed by the taxpayer or the tax authorities.
- Statutory Audit: Statutory audit, also known as financial audit, is a fundamental process designed to assess and validate the accuracy, reliability, and compliance of a company's financial statements with applicable accounting standards, laws, and regulations. Mandated by legislation, statutory audit is a legal requirement for all companies registered under the Companies Act, 2013, irrespective of their size or nature of operations.
- Transfer Pricing Audit: A Transfer Pricing Audit is a specialized examination conducted to ensure that transactions between related parties, such as subsidiaries, affiliates, or entities under common control, are conducted at arm's length prices in accordance with transfer pricing regulations. These audits are essential to prevent tax evasion and ensure fair taxation in cross-border transactions. Transfer pricing refers to the pricing of goods, services, or intangibles exchanged between related entities, and it is subject to scrutiny by tax authorities to prevent tax avoidance schemes.
GST Registration: Goods and Services Tax (GST) registration is mandatory for businesses with an annual turnover exceeding the prescribed threshold limit. It enables businesses to collect GST on behalf of the government on the supply of goods and services and claim input tax credit on purchases. GST registration is essential for operating legally and availing of various benefits under the GST regime.
Shop & Establishment Certificate: This certificate is issued by the local labor department and is mandatory for businesses operating commercial establishments, such as shops, restaurants, and offices. It regulates working conditions, such as working hours, holidays, and wages, and ensures compliance with labor laws at the state level.
PF (Provident Fund): The Employees' Provident Fund (EPF) registration is mandatory for businesses with a certain number of employees. It requires both the employer and the employee to contribute a percentage of the employee's salary to a provident fund account, which serves as a retirement savings scheme for employees.
ESI (Employee State Insurance): Employee State Insurance registration is mandatory for businesses with a specified number of employees. It provides medical and financial benefits to employees in case of sickness, injury, or disability arising during employment, funded by contributions from the employer and the employee.
PT (Professional Tax): Professional Tax registration is required for businesses to deduct and remit professional tax from the salaries of their employees. The tax rates and thresholds vary across states in India, and registration is necessary to comply with state-specific professional tax laws.
MSME (Micro, Small, and Medium Enterprises) Registration: MSME registration is voluntary for businesses engaged in manufacturing or service activities and helps them avail various benefits, such as priority sector lending, subsidies, and exemptions. It is beneficial for businesses seeking government contracts and financial assistance.
IEC (Import Export Code): IEC registration is mandatory for businesses engaged in import or export activities. It is a unique 10-digit code issued by the Directorate General of Foreign Trade (DGFT), enabling businesses to engage in cross-border trade and comply with customs regulations.
ISO Certification: ISO certification is voluntary and demonstrates that a business adheres to international quality management standards set by the International Organization for Standardization (ISO). It enhances the credibility and competitiveness of businesses in the global market by ensuring consistency and quality in products or services.
