Services
Bookkeeping and MIS
- Recording of transactions
- All business transactions recorded periodically in line with Indian GAAP.
- MIS reporting
- Periodic MIS, including monthly financial results and budget-versus-actual analysis.
- Internal controls
- Evaluating internal controls and helping management strengthen them.
- Choice of software
- Local or cloud-based accounting software, as management prefers, with documents shared through Google Drive or Dropbox.
Annual compliance
- Annual financial statements, with all notes
- Income tax returns, and filing of audit reports received from statutory auditors
- Annual returns under indirect tax laws and the Companies Act
Assurance
- Statutory audits of Indian companies under corporate law
- Internal and concurrent audits to review internal control systems
- Tax audits to review compliance with income tax regulations
To preserve independence, assurance services are not provided to clients for whom the firm provides management services.
Payroll management
- Monthly processing
- Payroll run and payslips every month.
- Employee tax
- Tax computation, documentation and Form 16.
- Statutory returns
- Periodic PF, ESI and PT filings.
- Labour records
- Registers required under labour laws.
- Accounting entries
- Payroll entries passed in the books.
Statutory compliance
- Working out periodic dues: withholding tax, advance tax, GST, provident fund and others
- Filing periodic returns such as quarterly e-TDS, monthly GST and monthly PF
- Employee tax computation and year-end Form 16
Secretarial compliance
- Maintaining the registers required under corporate laws
- Filing returns with the Registrar of Companies (ROC)
- Filings with the Reserve Bank of India (RBI)
Business set-up
- Start-up advisory
- India entry services
- Business incorporation
- Branch or liaison office set-up
- Business licences
HR assistance
- Tax-efficient pay structures
- Employment contracts
- Monthly payroll
- Labour law compliance
International tax and regulatory compliance
- International tax compliance
- Compliance under direct and indirect tax laws, the Companies Act, FEMA and RBI regulations