Wednesday, November 12, 2014

Plethora of services offered by certified Indian chartered accountants

Certified accountants can serve their clients in many ways. Those who are planning to begin a company and those who are running a company can make use of different types of services offered by the certified chartered accountants. In India an association formed by certified professionals including chartered accountants, company secretaries and advocates offer wide array of services related to the establishment of a new business and widening of the existing business in the Indian soil.

To start a business in India a company or an individual has to follow rules and regulations prescribed by the government of India. Many are not aware of the various company rules and regulation prevailing in India. A sound knowledge on those things is essential to start a new venture in India.


By approaching Cpa in Bangalore you will get services in various platforms. This includes pre-incorporation consultation service, assistance in various incorporation services and post incorporation services like valid registration under various statues in India. Some of the registrations to be done by a new company are Permanent Account Number registration and Tax Deduction and Collection Account Number registration. They also have to do VAT registration, IE code registration, Service Tax registration, Professional Tax registration, Factory registration and Provident Fund registration. After completing the registration formalities of a new company in India, the CPA Indian consultancies provide assistance in back office management services like payroll management and accounting. Proficiency in tax matters allow them in offering various tax advisory services. Some of the compliance services provided by them post registration is auditing and filing returns. Tax returns have to be filed with various statutory authorities. In each department the format used in the filing process will be different. Cpa in India offers assistance in auditing and filing matters without any delay. Other than the above discussed services the consultancies provide compliance services related to Federal Bank of India. These services are offered not only in starting new companies in India, but also for establishing branch offices, liaison offices, wholly owned subsidiaries and joint ventures.

Just starting a company or a branch in India is not enough to make it a successful one. Lot more are there to be fulfilled in due course of time. In the secretarial service area, a chartered account firm is able to offer services in a beneficial way. This includes general advice on Indian company laws, advice on corporate taxes and personal income tax, investigation of tax matters, reviewing of statutory registers of all the members of a company and recording the minutes of company’s annual general meetings as well as board meetings.

A company that has started its operations in India can start new branches across the country. But this is possible only if it comply with Indian company formation laws. Assistance for new company formation is provided by chartered account firms. Other than these they help in online filings and filing of annual returns. Maintaining statutory records in the way it should be is not an easy task. A chartered firm assists in keeping all the records in the correct format and dealing with issues related to change of directors and shareholders. Assistance is also offered in dealing with bond issues and share transfers.

These days many chartered firms have started offering services in digital format. This allows in simplifying process and reducing time in completing different processes. Other than registration and back office services, various chartered account firms has started giving plethora of beneficial services to client in India as well as aboard at satisfactory levels.

Are you planning to start a company? You can lessen your burden by assigning many registration and back office related tasks to reputed chartered account firms. More information visit:
http://www.balakrishnaconsulting.com/


No comments:

Post a Comment