Maintain your Accounts

Maintain your Accounts

Nowadays, everyone desired to make some changes in their present employing task. The individual who have business task and it’s not an easier task to run the business in the effective way. The business enterprise needs to change the present atmosphere for helpful interaction and some involvement in all the time. Accounting is one of the essential tasks in the business field and need more secured act to run without difficulties. Accounting is the procedure includes sorting, storing as well as recording economic transactions. The accounting service needs some specific requirements to maintain with good promoters. The accounting service online completely make big change in the business field and more number of people use the online facility more to meet all their needs. It also reduces their effort, save valuable time and makes the task easier to finish without delay. The entire business is needed through law to suggest their accounts to the IT that is Income Tax Department. Everything now runs under this process and not easily tracked by all, but only few can maintain in the right manner.

Standard offers:-

The majority of the start-ups aim to ignore this need before along with scramble to place both their accounts. While they were enhance their funding or acquired in the business account maintaining tasks. By maintaining the books in residence certainly boring and feasible expensive one affair, but bringing it end would essentially cut pains in fulfilling through the specific needs of the IT Department at the right time. To deliver the shareholders and business promoters that bookkeeping and accounting services are more effective and flexible one to handle and how the commerce is doing, eligibility proven for loans in previous years and satisfy investors more. Here, some standard deliverables in the weekly reports such as weekly cash flow statements and payables and receivables. The weekly reports maintain these processes in the safe and allocate every process in the business needs. In the monthly reports offers bank reconciliation statement and financial statement. This is the essential process that maintained monthly for meeting all the raising business requirements in the satisfaction manner. The maintenance of the business task drive in the excellent manner and many business enterprises look for the safe run. They aim to focus on the requirement and try to achieve more experience in the wide scope of disciplines with various corporate affairs.

What is DIN?
The Director Identification Number (DIN) is a unique identification number for an existing director or a person intending to become one. A person has only one DIN, no matter how many companies he/she holds the position of director in.
What is DSC?
The DSC is an instrument issued by certifying authorities (TCS and n-Code are two of them) by which you can sign electronic documents. As all documents needed for company incorporation are electronic, partners need a DSC. It is a digital file stored on a USB Token.
What are common reasons for rejection of DSC/DIN?
Do not abbreviate names, make any spelling mistakes or include prefixes. Also, if you're providing a utility bill as address proof, ensure that it's the latest and is in your name.
How many people are required to incorporate a private limited company?
To incorporate a private limited company, a minimum of two people are required. A private limited company must have a minimum of two Directors and can have upto a maximum of fifteen Directors. A minimum of two shareholders and a maximum of upto 200 shareholders are allowed in a private limited company.
What are the requirements to be a Director?
The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, even foreign nationals can be Directors in a Indian Private Limited Company.
What are the documents required for registration?
Identity proof and address proof is mandatory for all the proposed Directors of the Company. PAN Card is mandatory for Indian Nationals. In addition, the landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof.
How long will it take to incorporate a Company? can incorporate a Private Limited Company for in 14-20 days. The time taken for registration will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy registration, please choose a unique name for your Company and ensure you have all the required documents prior to starting the registration process.
What do I need to quickly incorporate my Company?
To incorporate a Company quickly, make sure the proposed name of the Private Limited Company is very unique. Names that are similar to an existing private limited company / limited liability partnership / trademark can be rejected and additional time will be required for resubmission of names.
Do I need to be physically present during the company registration process?
No, as all documents are filed electronically, the entire process of incorporation is now online. For nearly all the required documents, scanned copies would do. We may, however, ask for hard copies of some documents, too, with the necessary attestations. These can be couriered.
What is VAT?
VAT is value added tax, a tax levied on the sale of goods in India. Each State in India has unique VAT Regulation and different tax rates are applicable for different types of products. Therefore the VAT Tax Rate and Exemptions will be unique to each State and type of goods sold.
Who has to pay VAT?
VAT is ultimately borne by the end consumer. At each stage, the person purchasing the goods must pay VAT and is allowed to set-off the VAT paid against the VAT liability on subsequent sale. Thereby making the end consumer pay the VAT.
What is the VAT rate?
The VAT rate will depend on the type of goods being sold and the State in which the goods is being sold. Therefore, it would be best to check with the local Sales Tax Office for the appropriate tax rate applicable for the goods to be sold.
What is VAT registration?
VAT Registration is a State level registration for paying VAT, which is mandatory for manufactures and traders having an annual turnover of more than Rs.5 lakhs in most states (Rs.10 lakhs in some states). VAT Registration gives the manufacturer or trader a unique 11 digit number that would be required for subsequent VAT Compliance, VAT Filing and other matters incidental to VAT or Sales Tax or Central Sales Tax.

Who We Are?

We SSP ASSOCIATES is a dynamic and progressive partnership firm of Company Secretaries, deliver value through a dedicated team of professionals with extensive experience across a broad range of disciplines and our knowledge of corporate governance, corporate affairs, corporate management & restructuring, collaborations, strategic planning...

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28 September 2015
28 September 2015
28 September 2015
28 September 2015

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