Services in India

Accounting Services

1. Bookkeeping
   Book keeping involves the systematic recording of financial transactions. This service ensures that all business transactions, such as sales, purchases, receipts, and payments, are accurately logged. It provides a clear financial picture, making it easier for businesses to manage their finances and comply with regulations.
2. Financial Statement Preparation
   This service includes preparing essential financial documents such as balance sheets, income statements, and cash flow statements. These statements reflect the company’s financial position and performance over a specific period, helping stakeholders make informed decisions.
3. Management Reporting
   Management reporting provides insights into business performance through detailed reports tailored for internal management. These reports include key performance indicators (KPIs), financial ratios, and other analytics that help management in strategic planning and operational efficiency.
4. Payroll Processing
   Payroll processing involves calculating employee salaries, withholding taxes, and managing benefits. This service ensures that employees are paid accurately and on time, while also ensuring compliance with labor laws and tax regulations.
5. Cash Flow Management
   Cash flow management is critical for maintaining a business’s financial health. This service includes forecasting cash inflows and outflows, analyzing cash flow patterns, and implementing strategies to optimize liquidity, ensuring that the business can meet its obligations.

Tax Consulting Services

1. Tax Planning and Advisory
   Tax planning involves strategizing to minimize tax liabilities while ensuring compliance with tax laws. Tax consultants analyze a business’s financial situation and recommend actions to optimize tax benefits, including deductions, credits, and deferrals.
2. Income Tax Returns Filing
   This service encompasses preparing and filing income tax returns for individuals and businesses, ensuring that all income and deductions are accurately reported. Consultants assist in gathering necessary documents and filing on time to avoid penalties.
3. Goods and Services Tax (GST) Compliance
   GST compliance involves ensuring that businesses adhere to GST regulations, including proper invoicing, tax collection, and filing of GST returns. Consultants provide guidance on GST registration, return filing, and claiming input tax credits.
4. Transfer Pricing Documentation
   Transfer pricing refers to the pricing of transactions between related entities in different jurisdictions. This service includes preparing documentation to justify the pricing methods used, ensuring compliance with tax laws and avoiding penalties for non-compliance.
5. Representation Before Tax Authorities
   Tax consultants represent clients during tax audits, assessments, and disputes with tax authorities. They advocate on behalf of clients, ensuring that their rights are protected and that any tax-related issues are resolved favorably.

Additional Licenses

1. Food License Registration (FSSAI)
   This service assists food businesses in obtaining a Food Safety and Standards Authority of India (FSSAI) license, which is mandatory for operating food-related businesses. Consultants guide clients through the application process and ensure compliance with food safety regulations.
2. Import Export Code (IEC) Registration
   The IEC is required for businesses engaging in international trade. This service includes assisting clients in obtaining the IEC from the Directorate General of Foreign Trade (DGFT), ensuring compliance with customs regulations and facilitating smooth import/export operations.
3. Trade License Acquisition
   Obtaining a trade license is essential for legally operating a business. This service involves applying for the necessary licenses from local authorities, ensuring that the business complies with local regulations and zoning laws.
4. Professional Tax Registration
   Professional tax is levied on individuals and businesses for employment and professional services. Consultants assist clients in registering for professional tax, ensuring timely payments and compliance with state regulations.

MSME Services

1. MSME Registration
   This service facilitates the registration of Micro, Small, and Medium Enterprises (MSMEs) under the MSME Development Act. Registration provides benefits such as easier access to credit, subsidies, and government contracts.
2. Project Report Preparation for Loan Applications
   Preparing a project report is crucial for securing loans from banks and financial institutions. This service includes creating comprehensive reports detailing the business plan, financial projections, and the use of funds to support loan applications.
3. Government Subsidy and Grant Assistance
   This service helps MSMEs identify and apply for various government subsidies and grants designed to support business growth. Consultants provide guidance on eligibility criteria, application processes, and compliance requirements.

Legal Services

1. Company Registration (Private Limited, LLP, etc.)
   This service involves assisting clients with the incorporation of different types of business entities, such as private limited companies or limited liability partnerships (LLPs). Consultants guide clients through the registration process, ensuring compliance with the Companies Act.
2. Compliance with Company Law
   This service ensures that businesses adhere to the regulatory framework outlined in the Companies Act. It includes maintaining statutory records, filing annual returns, and conducting board meetings in accordance with legal requirements.
3. Drafting of Contracts and Agreements
   Legal consultants assist in drafting various contracts and agreements, ensuring they are legally binding and protect the interests of the parties involved. This includes employment contracts, partnership agreements, and service contracts.
4. Intellectual Property Registration (Trademark, Copyright)
   This service involves assisting clients in registering their intellectual property rights, including trademarks and copyrights. Protecting intellectual property helps businesses safeguard their unique assets and maintain a competitive edge.
5. Legal Advisory Services
   Legal advisors provide guidance on a wide range of legal matters affecting businesses, including compliance issues, dispute resolution, and risk management. This service helps clients navigate legal complexities and make informed decisions.