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Financial Services
We offer a wide array of accounting and other range
of financial services to our clients. Our well developed IT based
infrastructure and dedicated support of experienced chartered
accountants, IT professionals, M.B.As., economists and others assists
us in meeting clients diverse business requirements. We offer:
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FDI Through Liaison Office We
offer services for foreign direct investment through liaison offices.
At present Liaison offices are only allowed to explore and understand
the Indian market. We help these offices to collect information about
possible market opportunities and provide information about the company
and its products to the perspective Indian customers. We take
permission for these to set up their liaison offices in India. The
liaison offices in India are allowed to :
- Represent in India the parent company or group companies
- Promote export , import from and to India
- Promote technical and financial collaborations between group companies in India
- Act as a communication channel between the parent company and Indian companies
Our areas of expertise include:
- Assisting our clients setup branch offices in India
- Necessary approvals from various authorities
- Regular compliances as regard to legal formalities
- Submission of Annual Activity Certificate
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FDI Through Branch Office We
provide assistance in foreign businesses to setup branches in India. As
per the present regulations a branch office is not allowed to carry out
manufacturing, processing activities in India, directly or indirectly.
The branches are only allowed to:
- Export /import of goods (retail trading activities of any nature is not allowed for a Branch Office in India.).
- Rendering professional or consultancy services
- Carrying out research work, in which the parent company is engaged
- Promoting technical or financial collaborations between Indian companies and parent or overseas group company.
- Representing the parent company in India and acting as buying /selling agent in India
- Rendering services in Information Technology and Development of software in India
- Rendering technical support to the products supplied by parent /group companies
- Foreign airline support to products supplied by parent / group companies
Our areas of expertise include:
- Assisting our clients setup branch offices in India
- Necessary approvals from various authorities
- Regular compliances as regard to legal formalities
- Submission of Annual Activity Certificate
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FDI Through Project Offices & Others A Foreign entity can also enter Indian market through modes like
- Project Offices
- Joint Ventures
- 100% Owned Subsidiary
We as a service provider assist in
- Our clients setup Project office/ Joint Venture/ 100% owned Subsdiary in India
- Necessary approvals from various authorities
- Regular compliances as regard to legal formalities
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Day to Day Statutory Compliances Our
industry expertise allows us to efficiently handle day to day statutory
compliances of the companies. As companies functioning in India have to
follow diverse statutory obligations on regular basis, failing which
leads to disallowances of expenditure, penalties, prosecution etc. To
avoid this, we keep tab of all the compliance factors like depositing
taxes, filling of return within the time allowed. We provide day to day
services in the following areas:
- Deduction of tax at source (TDS)
- Employee benefits (PF/ESI)
- Regular payment of fringe benefit tax (FBT)
- Regular payments of income tax (IT)
- Maintenance of statutory records and registers
- Preparation and maintenance of regular books of accounts
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Business Setup In India Our
team of experts allows us to offer practical solutions keeping in view
the special requirements of the foreign entities & peculiarities of
the Indian system. We help foreign companies in setting up businesses
in India. Our services include providing them approvals from the
government authorities and advise them about foreign policy and
procedures.
Our areas of expertise include:
- Setting up business unit (Formation of Companies etc)
- Getting necessary approvals from different government departments
- Services in regard to setting up complete accounting & reporting system
- Assistance in day to day statutory compliances
- Feasibility studies and market studies
- Identifying investment opportunities and businesses/projects
- Business and India Entry Strategy and advisory services
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Accounting & Payroll Accounting We
offer value added outsourcing of accounting services to meet clients
varied business requirements with complete accuracy. With the help of
our team of skilled chartered accountants, we provide flexible
accounting services which includes payroll accounting as per the
demands of our clients, whether at local, national and international
level.
Our highly experienced staff assists us in preparing annual accounts
for submission. We convert client’s computerized data into our software
and produce financial information in the form as per the requirement of
various legislation and accounting standards.
Our range of accounting and pay roll services include:
- Preparation of books of accounts
- Preparation of final financial statements to suite the requirements of the appropriate laws and authorities
- Maintaining accounts receivables, accounts payable etc
- Monthly MIS reports
- Preparations of income and expense statement
- Preparation of invoices
- Payroll reconciliation
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Salary processing, leave and attendance record, payments of bonus and
incentives, reimbursement and staff expenses records & employee
loan processing
- Preparation of expense vouchers, suppliers invoices, check deposit memo
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Auditing & Assurance Services We
offer services of auditing and assurance to both private as well as
public sector companies. Based on international norms and procedures,
our trained professionals ensure that our cost- effective and accurate
solutions exactly meet the specific business requirements of our
clients.
Our auditing services include:
- Statutory Audits: Offered to both public and private sector
companies as well as medium and small firms, our extensive experience
allow us to meet the requirements of annual auditing of accounts.
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Internal & Management Audits: We meet the needs of certain kind of
companies who are expected by law to have an internal audit mechanism.
Besides, we also meet the requirements of management of progressive
businesses who desire assurance with regard to their systems and
transactions.
- Concurrent Audits: We meet the needs of several
public and private sector banks, mutual funds etc who desire audits of
all or some of their daily transactions concurrently.
- Tax
Audits: Our services are based on various tax laws, including income
tax laws, require audit and certification for companies who fulfill a
minimum turnover criteria to enjoy tax exemptions and benefits.
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System & Information Systems Audits: We study & analyze systems
to help design new systems and processes for better management and
smoother flow of information and documents.
- Investigation and Fraud Detection: Our financial services also help in detecting frauds and leakage of funds.
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Financial and other Due Diligence Reviews: We offer this for venture
funds & parties who are interested in take-over, strategic
partnerships, collaborations etc.
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Delhi Value Added Tax / Sales Tax We
provide services in respect of value added tax, central sales tax and
works contract tax of Delhi states which includes Delhi and New Delhi.
We provide consultancy services in the following areas:
- Consultancy of Input Tax Credit for Traders & Contractors
- Filing of Annual Return in form DVAT 55
- Filing of Quarterly Return in form DVAT 51
- Filing of Yearly/Half Yearly/Quarterly/monthly return in DVAT 15
- Filing of Yearly/Half Yearly/Quarterly/monthly return in DVAT 17
- Regular assessments
- Issue of statutory forms
- Consultancy for Deduction of Tax under DVAT Act
- Consultancy for filing of related returns.
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Income Tax / Fringe Benefit Tax/ Service Tax Services We
provide services in the field of Direct & Indirect Taxation which
includes Income Tax, Fringe Benefit Tax and Service Tax. The areas of
expertise are:
- Consultancy on Income Tax/ Fringe Benefit Tax/ Service Tax
- Consultancy of Tax planning
- Representation before authorities
- Tax audit under income tax laws
- Tax deducted at source
- Filing of returns
- Deposit of Taxes
We provide computerized income tax preparation to meet the diverse demands of business houses and commercial sectors. |  |
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Knowledge Process Outsourcing We are a firm of Professionals, providing knowledge outsourcing services in respect of following areas:
- Accounting & Book Keeping
- Payroll accounting
- Legal compliances
- Maintenance of Statutory registers
- Internal auditing
- Evaluation of business process and its streamlining
- Preparation & implementation of accounting systems
- Preparation of Accounting Manuals & Organisation Manuals
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Company Law Matters With
the help of our expert professionals, we provides services in regard of
Companies Act of India. Which includes, maintenance of all statutory
records of business, outsourcing, audit and accounting services.
The areas of our expertise include:
- Getting approval of name from Registrar of Companies
- Preparation of Memorandum & Articles of Association
- Registration of Companies
- Maintenance of Statutory registers as required by Companies Act
- Registration of Charge
- Consultancy for LLPs in India
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Recent News in Finance & Taxation In
India LLPs are to be introduced soon. The announcement of the same may
be made in the Union Budget on 29th of Feb this year. This type of
formation is a boon to service sector professionals. This route may be
chosen by law accounting and financial service providers. The ministry
of corporate affairs has recommended for flexible mode of taxation. The
income of LLP could be taxed in the LLP itself or it could be taxed in
te hand of partners. However, LLP would have to comply with very
stringent controls & regulations.
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