OUR SERVICES
Our detailed service offerings
Business Registration and Licensing
- GST Registration
- MSME registration
- Start-up Registration
- Trademark registration
- Professional Tax Registration
- Registration under various labour laws
- Import Export Code (‘IEC’)
- Registration Cum Membership Certificate for Export
- Registration with Customs Authority for Export/Import
- Assistance in setting up and exit, bonding/de-bonding of SEZ and EOU
- Partnership, Sole Proprietorship and HUF formation and registration
- Registration and licensing under Food Safety and Standards Act, 2006 (‘FSSAI’)
- Registration under Shops & Establishment Act
- NGO registrations and approvals
- Section 12AA and 80G registrations
Documentation
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Drafting, negotiation and review of following documentation:
- Non-Disclosure Agreement (‘NDA’)
- Service Level Agreement
- Master Service Agreement
- Franchise Agreement
- Joint Venture Agreement
- Shareholders Agreement
- Founders Agreement
- Consultancy Agreement
- Memorandum of Understanding (‘MOU’)
- Shares Sale/Purchase Agreements
- Start-Up Agreement
- Drafting of will for family and succession planning
- Power of Attorney (‘POA’)
Labour Laws
- Assessing applicability of the following labour laws:
- The Employees’ State Insurance Act, 1948 (‘ESI’/’ESIC’)
- The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (‘EPF’/’PF’)
- The Payment of Bonus Act, 1965
- The Payment of Gratuity Act, 1972
- Registration and periodic return filing under the following labour laws:
- ESI
- EPF
- Advisory on all aspects of employment law, compensation and benefits, equity compensation, etc.
Payroll Management
- Preparation of monthly salary sheet
- Deductions as per applicable laws like income tax, provident fund, professional tax, etc.
- Computation and deposit of TDS, ESI, PF,
- Disbursement/online payment of salary
- Pay slip by password protected e-mail
- Issue of Form 16 to employees
- Periodic reconciliation of payments/statutory deductions
Bookkeeping and Accounting Services
- Accounting system design, review and implementation
- Bookkeeping and accounting services in following softwares:
- TallyPrime
- Busy
- Marg
- NetSuite
- Zoho
- Quickbooks (Intuit)
- Bookkeeper
- Monthly MIS reporting
- Profit and Loss Account
- Balance Sheet
- Cash Flow Statement
- Profit Centres
- Cost Centres
- Debtors Ageing Analysis Report
- Creditors Ageing Analysis Report
- Working Capital Management
- GST and TDS Compliance Report
Direct Taxation
Compliance & Assistance
- Income Tax
- Obtaining Permanent Account Number (‘PAN’)
- Filing Income Tax Return (‘ITR’) for all kinds of assessees
- Advance tax estimation and deposit
- Assessing the liability towards deferred taxes
- Income Tax Audit
- Filing of Statement of Financial transactions and Reportable Accounts (SFTRA) in form 61A and 61B
- Assistance in filing of information for foreign remittances in form 15CA and accountant’s certificate in form 15CB
- Assistance in filing of income paid/credited by venture capital fund in form 64 and investment fund in form 64D
- Maintenance of income tax records
- Providing regular updates on amendments, circulars, notifications and judgments
- Tax Deduction at Source (‘TDS’)/Withholding Tax
- Obtaining Tax Deduction Account Number (‘TAN’)
- Monthly computation and deposit of TDS
- Monthly reconciliation of TDS due and deposited
- Filing of quarterly TDS return
- Issue of various TDS certificates
- Periodic review of TDS/withholding tax compliance
- Filing of Correction Statements
- Services related to withholding tax
- Transfer Pricing (Domestic & International)
- Transfer Pricing (‘TP’) forms filing (Form 3CEB, 3CEAA – Part A and Part B, 3CEAB and 3CEAC)
- Preparing TP study reports (on need basis)
Advisory
- Effective tax management and advisory services
- Tax planning (Indian as well as cross border Corporates and others)
- Tax structuring (Indian as well as cross border)
- Designing/restructuring salary structure to minimise tax burden
- Advisory on double taxation related issues
- Advisory on international taxation
- Advisory on future tax implications in respect of the potential acquisition
- Advisory on all matters related to compliance of TDS/TCS provisions
- Advising on operations/transactions of clients from an Indian tax perspective in terms of the various provisions applicable and tax benefits/exemptions/set offs available
- Tax efficient frameworks to assess tax exposures and optimal tax structuring
- Obtaining lower withholding with respect to service income for various services
- Strategic tax advisory for appropriate form of business presence in India
- Providing on-call advisory services on specific direct tax queries raised by the clients from time to time
Litigation/Assistance for dealing with Income Tax Department
- Income tax litigations
- Transfer pricing litigations
- Tax representation
- Assistance for dealing with income tax department for rectification, assessment, obtaining refunds, etc.
- Filing and pleading appeals under various provisions of Income Tax Act
- Assistance in search, seizure and prosecution litigation
- Obtaining no objection certificates from income tax department
- Assistance in TDS assessment
- Preparation of replies to show-cause notices, drafting of appeals in Income Tax matters at all levels, preparation and filing of advance rulings applications and representation in relation thereto
- Assistance in enquiries/investigations, proceedings by the Income Tax Department
Indirect Taxation
Compliance & Assistance
- Filing of monthly/quarterly GST returns (for all types of taxpayers)
- GST annual return and reconciliation statement filing (GSTR-9 and GSTR-9C)
- Preparation of GST e-invoicing and e-way bill
- Compilation and reconciliation of input tax credit (‘ITC’)
- Maintenance of records for compliance
- HSN code and GST Rates finder
- GST Refunds
- Assistance in undertaking periodic compliances of SEZ and EOU
Export-Import Assistance
- Preparation of Export related documents
Proforma Invoice, Commercial Invoice, GST Invoice, Packing List, Certificate of Origin, Shipper’s Letter of Instruction, Bills of Lading, Export Consignment Clearance through Clearing Agent and Shipping Line and Export on LUT (Letter of Undertaking)
- Preparation of Import related documents
Bill of Entry, Import License, Insurance Certificate, Duty Assessment and Payment of Import Cargo, Import Consignment Clearance through Clearing Agent, Payment of Custom Duty, Payment of GST and subsequent claim of Input Credit, IGST Refund and Review of Valuation of imported goods
- Banks related assistance
Methods of Payments (L/C, Collection and Direct documents), opening of EEFC account and remittances received and made through this Account without converting to INR to save the loss of foreign exchange and booking of Forward Exchange Rate
- Private Warehouse Management (Delhi-NCR)
- Advisory on customs related matters including strategic consulting, classification, determining rate of customs duty, valuation, benefits under notifications and duty-free schemes,
import-export procedures, etc.
- Liasioning with Customs Department, DGFT (Directorate General of Foreign Trade), Clearing Agents, Shipping Line, Transporters and various other Departments and Authorities
Advisory
- GST Impact Analysis
- Advising on operations/transactions of clients from an Indian tax perspective in terms of the various provisions applicable and tax benefits/exemptions/set offs available
- Conducting health check/credit reviews to identify planning opportunities available and optimizing the overall indirect tax incidence
- Undertaking due diligence exercise from GST perspective
- GST consultancy/advisory on various issues of GST
- Strategic business planning under GST regime
- Supplier/buyer management
- Assistance in relation to various exemptions and incentives such as Export Promotion Capital Goods (‘EPCG’), Advance Authorisation, Merchandise Exports from India Scheme (‘MEIS’), Services Export from India Scheme (‘SEIS’), Duty Drawback,
- Providing on-call advisory services on specific indirect tax queries raised by the clients from time to time
Litigation
- Tax representation
- Filing applications and representation to DGFT
- Preparation of replies to show-cause notices, drafting of appeals in GST matters at all levels
- Assistance in audit, enquiries/investigations, proceedings by the
GST Department and representation in relation thereto
Regulatory Services
RBI & FEMA Compliances
- Assessing applicability of RBI & FEMA compliances
- RBI Compliances like Annual Performance Report (‘APR’) for
Wholly Owned Subsidiary/Subsidiary Company outside India
- Assistance in FATCA compliance
- Filing of FCRA & FLA annual return
- Settlement of various issues raised under FEMA
Corporate Law Compliances
- Advisory and consultation on Indian Companies Act, 2013
- Incorporation of Private Limited Company and One Person
Company (‘OPC’)
- Incorporation of Section 8 Company (Non-Profit Organization)
- Incorporation of Limited Liability Partnership (‘LLP’)
- E-filing of documents and forms for Companies with Ministry of
Corporate Affairs (‘MCA’) such as Form SPICe+, INC-20A, DPT-3,
MSME-1, ADT-1, ADT-3, AOC-4, MGT-7/7A, AOC-5, MGT-14, DIR-3, DIR-3KYC, DIR-5, DIR-6, DIR-11, DIR-12, PAS-3, SH-7, INC- 22, INC-24, CHG-1, CHG-4, STK-2, etc.
- E-filing of documents and forms for LLPs with Ministry of Corporate Affairs (‘MCA’) such as RUN LLP, FiLLiP, Form 3, Form 8, Form 11, Form 24, etc.
- Changing the name of existing Company
- Charge creation, modification and satisfaction of Company in case of borrowings from Banks and Financial Institutions
- Obtaining Director Identification Number (‘DIN’), DIN
Surrender, Change in Particulars of Director, Directors KYC, etc.
- Increasing authorized share capital of Company
- Auditor appointment and resignation
- Filing of annual returns of Company and LLP
- Conversion of LLP into private limited company and vice versa
- Conversion of OPC into private limited company
- Striking off/Closure of Company and LLP
- Assistance in changes of directors, shareholders and registered office
- Assistance on issue of shares at par/premium and allotment of shares (private placement of shares)
- Assistance in dividend declaration, buyback of shares, bonus issue,
- Preparation and maintenance of statutory books such as minutes books, notice and certified copies of resolutions passed at board meetings and general meetings, director and shareholder registers and attendance records, share capital registers, share certificates and other records prescribed under Companies Act, 2013
- Liaison with Registrar of Companies & Regional Directors in case
Corporate Financial Advisory
- Management Audit
- Stock Audit
- Special Audits including Proprietary Audit, Sustainability Reporting,
- Prospective reporting on financial statement audit
- Budgeting and forecasting including variations review
- Financial planning
- Preparation of project report and CMA data for bank loans
- Preparation of reports on financial viability of a project
- Raising finance through issue of shares, term loans, inter- corporate deposit, etc.
- Financial risk management
- Assistance in obtaining inter-corporate deposits, terms loans, working capital loans (including PCFC loans) and project financing
Profitability Analysis
- Operations Analysis
Fund raising – Venture capital and private equity
Business Process Review and Optimization
Internal Audit/Process Review
Our focus is on evaluating:
- Existing internal controls
- Inefficiencies in business operations
- Opportunities to improve bottom line and working capital
- Reliability of financial reporting
- Compliance with various regulations
- Safeguarding of assets and various matters concerning the interest of the Company, employees and other stakeholders
Process Optimization
- Eliminating the redundancies
- Streamlining workflows
- Forecasting changes from the existing business processes by optimizing them or creating new ones
- Reduce inconsistency and overlap both within and between
Company procedures
Restructuring
- Domestic and cross border group restructuring — Merger, Demerger, Business Transfer, etc.
- Mergers and acquisitions advisory
- Assistance in negotiations and managing the restructuring deal
- Financing and capital structuring
- Shareholder restructuring
- Joint venture arrangements
Family arrangements and succession planning
Due Diligence
Due diligence reviews of transactional, financial, tax and compliance related issues.
Financial Due Diligence Review
Detailed analysis of the Company’s quality and sustainability of earnings, trend analysis, forecast of the growth, and qualitative analysis of internal control structure, management, accounting team and accounting information systems.
Legal Due Diligence Review
Understanding the corporate and legal structure of the Company, commercial contracts, intellectual property, employee contracts as well as workplace safety, regulatory compliance, litigations and compliance with laws.
Tax Due Diligence Review
Inspection of tax compliances and tax liabilities of the Company.
Global Mobility Services
Compliance & Assistance in Expatriate/Non-Resident Taxation
- Allotment of Permanent Account Number (‘PAN’)
- Tax planning
- Consultancy/advisory on FEMA/RBI matters
- Filing income tax returns
- Advisory on making investments
- Issuing certificate for repatriation of income/assets from India
- Making application to RBI for various matters including sale and purchase of residential and commercial properties
- Tax effective compensation structuring
- Social Security (Indian) compliance and advisory
Advisory
- Planning and advisory in relation to assignment of employees to
India before the expatriates’ arrival in India
- Advising on assignment structure based on specific facts of a multinational employer so that both the employer as well as employees are compliant with Indian laws in an efficient matter
- Advisory on secondment agreements and cost recharges for such secondments, both from withholding tax as well as transfer pricing perspective
- Advising on the compensation structure, ‘take-home’ pay of the employees and the prospective investments which may be undertaken by the employees for availing the tax benefits provided under law
- ESOP structuring in a tax friendly manner both for the employers as well as employees and advising on necessary tax implications in relation to issuance of ESOPs
- Advising on any exemptions/benefits that may be available under the Indian domestic tax law and/or the Double Taxation Avoidance Agreement (‘DTAA’)
- Advisory on eligibility of the employees for taking foreign tax credits and documentation required for claiming such tax credits from Indian income tax perspective
- Determination of residential status of the expatriate and in case
of dual residence, advising on applicability of ‘tie-breaker rule’
- Other compliances as prescribed under various laws
Litigation
- Handling the audit before the tax authorities in case the tax returns are picked for audit by the tax authorities
- In case any variation to the returned income is made by tax authorities, assisting in representation and litigation before the
various forums
Tender/Bidding/Turnkey Projects Assistance
- Preparation of required documents and information
- Advisory on execution of turnkey projects/EPC contracts involving planning at the bidding stage, structuring of contracts, identification of tax optimization
- Opportunities devising the most tax efficient models and comprehensive range of compliance services subsequent to the
bidding stag