Home / Services We help you in creating a strong foundation of your business View More Limited Liability Partnership Annual Compliance for LLPs Annual Compliance For LLPs filings must be made diligently every year, and defaults may cost the firm far too much. Introduction LLPs in India do not have too many compliances to meet, as contrasted to the requirements placed on companies. While LLPs only need to file statements of accounts and annual returns, failure to do so may lead to heavy fines ranging up to 5 lakhs in some cases. Sign up for our Annual Compliance for LLPs Services today, so that your company is compliant from day one, negating the possibilities of any compliance fines and helping with funding as well. With our team working for you, you will be kept in the loop regarding any new compliance requirements that the law may impose, and be assured that the same is reflected in your final filings. Sign up today! Mandatory Compliances Some of the mandatory compliances that an LLP must meet are – Maintenance Books of Accounts. Maintenance of incorporation documents and other documents at regd. Office. Statutory Audit (if turnover exceeds 40 lakhs). Filing of Financial Statements in Form 8. Filing of Annual Returns in Form 11. Filing of Income Tax Returns. Registration Process Registration Procedure eStartIndia will help you to annual compliance of LLPs from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a Free Consultation for Company registration with Our Top Rated Experts with a simple registration. Click here to read more about the “Annual compliances of partnership”. Step 1 You sign up for our Annual Compliance for LLPs service, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same Step 2 Post consultations, our team shares a draft of the documents required with you Step 3 Our team then reviews this draft with you, incorporate changes if any Step 4 Once all the necessary documents are completed, our legal experts take care of the filing with various authorities FAQs What are the Annual Returns? Annual Returns are mandatory filings made by all LLPs. What is the Statement of Accounts & Solvency? It is a mandatory filing that declares the state of solvency of the LLP and informs the ROC of the assets and liabilities of the firm. What is the due date of filing of annual returns, and if there exists any penalty Returns must be filed within 60 days of the end of a financial year. If there is any default, a penalty of 100 rupees per day is levied. Related Services Limited Liability Partnership Read More Partnership Read More Proprietorship Read More Secretarial Audit of the Companies Read More Load More
Partnership
Home / Services We help you in creating a strong foundation of your business View More Annual Compliance for Partnership Leave the hassles of the annual mandatory Income Tax filing for Partnerships to us! Introduction Partnerships are ventures where two or more persons come together to undertake business activities, but this venture does not gain a different personality from its constituents. In India, Partnership firms are required to file Income Tax Returns every financial year, for which the firm must maintain its book of accounts properly, and may have to go through an extensive tax audit, before the relevant Form ITR 5 is filled and filed. Sign up for our Annual Compliance for Partnership Services today, so that your firm is compliant from day one, negating the possibilities of any compliance fines and helping with funding as well. With our team working for you, you will be kept in the loop regarding any new compliance requirements that the law may impose, and be assured that the same is reflected in your filings. Sign up today! Mandatory Compliances Some of the mandatory compliances that a Partnership must meet are – A tax audit (required if sales turnover of a firm is over rupees one crore over a financial year, or in cases of professional firms if the total gross receipts are over rupees fifty lakhs). Books of Accounts. TDS filings, if required. GST filings, if required. Registration Process Registration Procedure eStartIndia will help you to Annual Compliance For Partnership from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a Free Consultation for Company registration with Our Top Rated Experts with a simple registration. Click here to read more about “Annual Compliance for private limited company” Step 1 You sign up for our Annual Compliance for Partnership services, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same Step 2 Post consultations, our team shares a draft of required actions with you, recommending changes, if required, as per your operations Step 3 Our team then reviews this draft along with you, incorporating any necessary changes Step 4 Once the process is done and all necessary documentation is compiled, our legal experts take care of the filing with various authorities. FAQs What is the due date of filing such returns? In case no tax audit is required 31st July In the event, a tax audit is required 30th September Related Services Partnership Read More Proprietorship Read More Secretarial Audit of the Companies Read More Maintain Accounts & Book Keeping Read More Load More
Proprietorship
Home / Services We help you in creating a strong foundation of your business View More Annual Compliance for Proprietorship Leave the hassles of the annual mandatory Income Tax filings for Proprietorships to us today! Introduction Proprietorship firms in India are legally indistinct from the proprietor. Under the Income Tax Act, all proprietors must file returns depending on their total income and age. They must file ITRs if – Their age is Their Annual Income exceeds Under 60 Rupees 2.5 lakhs Between 60 to 80 Rupees 3 lakhs Above 60 Rupees 5 lakhs Mandatory Compliances Some of the mandatory compliances that a Proprietorship must meet are – A tax audit (required if sales turnover of a firm is over rupees one crore over a financial year, or in cases of professional firms if the total gross receipts are over rupees fifty lakhs). Duly filled Forms ITR – 3 & ITR – 4 – Sugam (where applicable in the cases of a Hindu Undivided Family). Registration Process Registration Procedure eStartIndia will help you to annual compliance for proprietorship from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a Free Consultation for Company registration with Our Top Rated Experts with a simple registration. Click here to read more about “Annual Compliance Of Partnership”. Step 1 You sign up for our Annual Compliance for Proprietorship service, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same. Step 2 Post consultations, our team shares a draft of required actions with you, recommending changes, if required, in your operations. Step 3 Our team then reviews this draft along with you, incorporating any necessary changes Step 4 Once the process is done and all necessary documentation is compiled, our legal experts take care of the filing with various authorities. FAQs What is the due date of filing such returns? In case no tax audit is required 31st July In the event of a tax, an audit is required 30th September Related Services Proprietorship Read More Secretarial Audit of the Companies Read More Maintain Accounts & Book Keeping Read More Check For Trademark Availability Read More Load More
Secretarial Audit of the Companies
Home / Services We help you in creating a strong foundation of your business View More Secretarial Audit of the Companies Since 2013, Secretarial audits have been introduced in the Companies Act to ensure that companies are aware of their regulatory compliances. Introduction Secretarial Audits check the compliance of the operations of a Company with the various laws that have been enacted by the Government in order to regulate corporate and economic affairs. In 2013, such audits became part of the Companies Act and were used by regulators as a monitoring tool. Today, there are multiple laws that crisscross over the entire sphere of commercial activity, and even a paltry non-adherence to one law may trigger in the best case, merely a fall of your profits, while on the other hand, you may end up losing too much. It is important for companies to keep periodically reviewing their activities against the landslide of regulations that work. Only members of the Institute of Company Secretaries of India with a certificate of practice may conduct such audit and furnish the official report to the Company. Sign up for our Secretarial Audit service now, so that our team of experts can ensure that your Company meets the regulatory compliances required for its operation! eStartIndia will help you to secretarial audit of your company from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a Best Proposal or request a call back with Our Top Rated Experts with a simple registration. What are the reviewable areas under a secretarial audit? Various legislations are invoked, and compliance with them is reviewed extensively under secretarial audits. An illustrative list would include the following legislation and the corresponding heads Companies Act, 2013 Review of any alterations in the Documentation relating to incorporation, if any and related compliances. Compliances are related to Share Capital and the issue of Debentures. Review of Debt Borrowing. If applicable, regulations relating to public deposits Compliances relating to Board and General Meetings – Number of meetings, issuance of Notice, set Agendas and recorded Minutes.Declaration and Payment of Dividend – Pre and Post Compliances. Board of Directors – Changes in composition whether in compliance. Compliances relating to the Securities and Exchange Board of India Act, 1992 Acquisition of Shares and Takeovers. Prohibition of Insider Trading. The issue of Capital and Disclosure Requirements & Compliances. Labour Laws Factories Act, 1948. Industrial Disputes Act, 1947. The Payment of Wages Act, 1936. The Minimum Wages Act, 1948. The Sexual Harassment Of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. Environmental Compliances under – The Environment (Protection) Act, 1986. The Water (Prevention & Control of Pollution) Act,1974. The Air (Prevention & Control of Pollution) Act, 1981. What are the benefits of a secretarial audit of the company? A secretarial audit of the company is mandatory under the Companies Act, as it helps confer the following benefits to the Company – To protect the interest of employees, customers, society, etc. To avoid any unnecessary legal actions by the law enforcing agencies due to non-compliance with new regulations. To evaluate the legal status of business operations under new regulations. Documentation required for a secretarial audit of the company A tentative list of required documents is listed below. Sign up for our service now so that our team can determine the various compliances you need to check against and tell you about the additional documentation as required! Documents relating to Incorporation. Previous Secretarial Audit Report. Registers as needed to be maintained under operational laws. Notices and Minutes of every Board and General Meeting conducted. Audited financial statements. Filings & Intimations with Registrar of Companies, Stock Exchanges, Newspaper Advertisements (if Listed). Annual Performance Reports, Lease Deed, LUT cum Bond, Softex returns (if falls under SEZ). Filings with other statutory departments. Statutory Registers required under Labour Laws. Disclosures and Declaration for the code of conduct received from the directors. Sitting fees and Remuneration details paid to directors. Proof of spending CSR amount. SAST Disclosures. Bank account details for a dividend. Registration Process eStartIndia will help you to secretarial audit of the company from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a Free Consultation for Company registration with Our Top Rated Experts with a simple registration. Click here to read more about “RBI Compliances” Step 1 You sign up for our Secretarial Audit Service. Step 2 Our team of business experts and legal experts engage you in consultations so that we can find you the perfect qualified Company Secretary to assist in your secretarial audit of the company. Step 3 Our CS will assist you in preparing a list of documentation, and conduct a check of the compliances required in your field of operations. Step 4 You walk away with a secretarial audit having been performed, and bearing an official certificate of the same! FAQs Which companies must mandatory get a Secretarial Audit Report (SAR)? Section 204(1) of the Companies Act lists out the companies which must mandatorily obtain a SAR. If your company is, A listed company; or A Public company with a paid-up share capital up to Rupees 50 Crores or more; or A Public Company with a turnover of Rupees 250 crores or more; Then you must obtain a SAR for the same. Sign up now so that the entire process is a breeze for you! Who is authorized to conduct Secretarial Audits of the company ? Members of the Institute of Company Secretaries of India having a valid Certificate of Practice are the only persons authorized to conduct Secretarial Audits and validly submit their report through Form MR-3 to the management of a company. Sign up for our service so that we can ensure that your SAR is made by an eligible individual. What are the penalties if Secretarial audit of the company is not done when required? In case of misconduct/non-compliance with Section 204 of the Companies Act, every officer of the company or the company secretary in practice,
Maintain Accounts & Book Keeping
Home / Services We help you in creating a strong foundation of your business View More Maintain Accounts & Book Keeping With our experts on your balance sheet, you’ll feel like you had an in-house accounts team. Introduction Robust accounting practices is a must-have for all business in order to ensure that accurate financial data is provided to Management, Regulators, and Investors. It is a mandatory requirement to submit financial records with various essentials filings, and the same is required for tax assessments. Irregular accounting could thus become the bane of business. Accounting should be done carefully & consistently, so let us connect you to our network of professionals through our Accounting service, so that you may focus on your firm and be ensured that your records are being kept carefully by an expert you choose. Reasons for accounting:- The following are the primary reasons why enterprises should keep good accounting practices – Statutory Compliance – Details of financial transactions are required to be submitted along with various regulatory filings and thus needs to be tracked throughout the course of business. Managerial Decision Making – Robust accounting provides businesses with the financial data required to make better business decisions. Effectiveness of campaigns, product lines, etc. can be easily tracked through good accounting. Investor Green-signal – Well maintained accounts of an enterprise help inspire confidence in prospective investors. Registration Process eStartIndia will help you to maintain accounts and bookkeeping from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a free Consultation for Company registration with Our Top Rated Experts with a simple registration. Click here to read more about “Secretarial Audits of the Companies“ Step 1 Upon signing up for our Accounting service, our business experts will engage in consultations with you in order to understand your enterprise’s requirements and connect you with CAs located close to you. Step 2 Multiple CAs are consulted in order to deliver quotes to you for their service. Step 3 Based on your preference, we connect you to your desired bookkeeper. FAQs Why is maintain accounts and bookkeeping essential for a business? The law requires account books to record daily financial transactions, as well as the bills of the same. General practice includes compiling ledgers, forming a trial balance, keeping originals and duplicates of bills and so on. However, with online accounting, the practice of bookkeeping has become streamlined. Why should we pay so much for accounting? Thorough accounting will ensure that you have financial data to inform your enterprise’s policy decisions and leaves a good impression on prospective investors. Thus, skimping on accounts and having irregular accounts will merely lead to more problems down the road, ones which may turn out to be far costlier than the price of our accounting service. Can accounts be computerized? Yes. Related Services Maintain Accounts & Book Keeping Read More Check For Trademark Availability Read More Design Registration Read More Patent Provisional Registration Read More Load More