What We Do?
We aim to be trusted partners of our client by providing high quality services in domain of accounting, finance, tax, corporate legal and assurance. We provide end to end business solutions to our clients starting from incorporation services to providing post incorporation services such as accounting, payroll, tax filings and corporate legal compliances.
Incorporation services
01 Incorporation
Assistance in set-up of a Private Limited Company in accordance with the provisions of the Companies Act which will include reservation of name, drafting of requisite letters, collation of documents and filing of forms before ROC, MCA and preparation of share certificates
02 Other Tax and labor registrations
We assist clients in obtaining licenses and registration required under various tax and labor regulatory authorities
- Permanent account number (PAN)
- Tax deduction account number (TAN)
- Employees Provident Fund number (PF registration)
- Employees Sate Insurance registration number (ESI)
- Professional tax
- Shops & establishment registration
- GST registration
- IEC code (for import/ export oriented company)
Accounting and Monthly Compliance
01 Accounting and finance function
- Accounts Payables – posting of payable / accrual entries and initiating vendor payments;
- Posting of capex, depreciation and prepaid expense entries;
- Preparation of customer invoices;
- Preparation and finalisation of books of account on monthly basis along with MIS for management;
- Preparation of bank reconciliation statement;
- Preparation and obtaining softex forms from non-STPI authorities
02 Payroll processing
- Discussion with HR team for finalization of monthly pay register by receiving inputs such as CTC for new joining employees, loss of pay, advance adjustments etc.
- Running of payroll through excel template or Payroll software subscribed by the client – finalization of PT, TDS, PF deductions, net pay etc.;
- Providing employee wise payroll disbursement.
03 Income Tax
- Advisory on TDS implication on routine transactions;
- Assistance in review of payments and finalization of monthly remittance of TDS;
- Filing of TDS returns and correction of TDS returns (if any);
- Assistance in computation of quarterly advance tax payment
04 Goods and Service Tax (GST)
- Assistance in filing of monthly returns – GSTR1 and GSTR3B;
- Review of input tax credit register to check eligibility of credits;
- Performing reconciliation for tax credits received from vendors;
- Assist export clients in obtaining GST refunds
Annual Compliance
01 GST
- Filing of annual returns in Form GSTR-9 and 9C
- Assistance in Amendments to GST registration such as change in Director details, registered address, company name, authorised signatories etc.
- Filing of LUT – Letter of undertaking for claiming benefit of zero rate for export of services;
02 Income Tax Return
- Assistance in collation of details required from the Management for preparation of income tax return;
- Assistance in preparation and review of computation of taxable income and determining the tax liability thereon;
- Assistance in filling of tax returns in Form ITR-6;
03 Transfer pricing
- Assistance in preparation of master file in part A of Form 3CEAA as per the provisions of section 92D of the Income-tax Act, 1961 read with Rule 10DA of the Income-tax Rules, 1962; and
- Assistance in preparation of transfer pricing study
- Preparation and filing of transfer pricing report in Form 3CEB
04 Corporate Legal filings
Filing of the following Forms required to be filed on annual basis
- Assistance in filing AOC-1 – Appointment of auditor
- Assistance in filing Director related forms – DIR12, DIR3, DIR3KYC
- Assistance in filing annual returns – DPT-3, AOC-04 and MGT-7
- Assistance in holding quarterly board meetings and annual general meetings, i.e., preparation of notice, agenda, board resolution, minutes etc.
- Maintenance of statutory registers in accordance with the provisions of the Companies Act, 2013.
- Assistance with respect to secretarial work for issue of new shares, transfer of shares and other non-recurring events.
05 Reporting under Exchange control regulations
- Collation of data required for FLA return
- Preparation of online FLA return on FLAIR portal
- Filing of FLA return post confirmation from management within the prescribed due date
