First compliances for a new private limited Company

 For businessmen and entrepreneurs, a new company is arguably the most popular form of corporate entity. Also, Its the most sought after entity This is especially in cases of Foreign Direct Investment (FDI). Chapter II of the Companies Act, 2013 (most notably Sections 3 and 7) and the Companies (Incorporation) Rules, 2014 contains the rules relate to Incorporation of a new private limited Company. The process of Company incorporation is as follows: 1. Name reservation – Spice Forms PART A 2. Final incorporation forms – SPICE PART B Notable, the applicant can do both the steps together or can do it, as per his or her choice. Arguable, the toughest part in incorporation of new private limited company in recent times is the Name reservation. This is because of the insistence of the authorities on unique prefixes. Also many a times, authorities take a narrow view taken on applicability of Trademark and relevant clauses. Documents for incorporation of a NEW PRIVATE LIMITED COMPANY in Indi

Appointment and removal of directors : Directors are a very important pivot, perhaps the most important pivot of a Company. Shareholders appoint them to manage the affairs of the Company. They have specific functions, duties and powers. Chapter XI of the Companies Act,2013 contains the provisions for change in Directors i.e. their appointment, resignation and removal. 1. Appointment of a Director – Wherever the Articles of Association permit, the existing Board of Directors can appoint other ‘Additional directors‘ who can hold office till their confirmation at the next meeting of shareholders. However, in all other cases, shareholders have the sole authority to appoint Directors in general meeting. Further,  there are some categories of directors like nominee directors/ regulatory directors who are not appointed by shareholders. The director, proposed to be appointed, should declare that he or she is free of all disqualifications which are mentioned under Section 164. Further, he shou

GST is the foremost indirect tax in India and since its a new and developing law, there are multiple developments. These include changes in the sections, changes in rules, notifications including rate notifications, court judgements etc. Hence its important that businessmen get the right consultancy on all GST matters. https://www.tradequotes.org/ Our Gst consultancy or indirect tax team at Entrecap offers the following services when it comes to Goods and Service Taxes (GST):. 1. Computation of GST payable including advice on rates and HSN Codes. 2. Monthly GSTR-1/ IFF returns and monthly/ quarterly GSTR-3B. 3. Annual returns under GST. 4. GST Refund claims including preparation of computation/ annexures/certificates/declarations and advising on shipping bills/ custom papers. 5.GST Refund consultancy related to inverted duty structure. 6. Arrangement for certification for various GST provisions. 7. Three way reconciliation of Input Tax Credit (ITC) with books of accounts, GST portal a

Direct Tax team at Many income tax consultancy offers the following services for entrepreneurs: 1. Tax opinions/ advice on specific matters/ transactions such as sale of assets, mergers, etc. After reading the relevant section, rules and circulars, we offer highly personalized and considered Tax opinions. notifications, court judgments etc. 2. Calculation of income and taxes using all sources of income, taking into account the applicable rules and optimizing taxes and interest wherever possible. Tax payers have the option of choosing between the old income tax regime (lower slabs with many exemptions or deductions) and the new one (higher income tax brackets with greatly reduced exemptions or deductions). The tax payer must consider the tax impact and other conditions when choosing the regime. 4. Preparation of Income Tax Returns , including selecting the appropriate returns and filling out all schedules. For more information, please click here. You should file your returns promptly

Gst Consultancy GST is India's most prominent indirect tax. There are many developments. These include changes to the sections, modifications in rules, notifications, including rate notifications and court judgments, etc. It is important for businessmen to get the best advice on all GST issues. Entrecap's Indirect Tax Team offers the following services in relation to Goods and Service Taxes. 1. Calculation of GST to be paid, including advice on rates or HSN codes 2. Monthly GSTR-1/ IFF returns, and monthly/quarterly GSTR-3B 3. Annual returns under GST. 4. GST Refund claims including preparation of computation/ annexures/certificates/declarations and advising on shipping bills/ custom papers 5. GST Refund Consultation related inverted duty structure. 6. Certification for different GST provisions 7. Three-way reconciliation of Input tax credit (ITC), with books of accounts and GST portal. 360 Degree Consultancy regarding the availability of Input Tax Credit, including laws perta

First compliances for a new private limited company : Notification of Registered Office details to ROC : Intimation of your Registered Office details to ROC Once you have incorporated your business the most important step is to inform your registered office address for the company the ROC through filing form INC-22 in the first 30 days of the date of incorporation. However, if the information of your registered office is listed in the Form SPICe INC-32 at the time of incorporation this form isn't required to be filed. mca compliance Corporate Stationery :  Post incorporation into your business the following requirements are to be adhered to for all stationery items: Name Boards:  Name Boards in HTML0Companies must apply or paint the name of the business and the address of its registered office at the entrance of each office or other location where it conducts business. The name board should include the name of the business, the company's identification number, registered Office