+91 80-42070186 office@praveenreddyandco.com
 
     
   
 
 
     
   
 

Corporate Services

Running an organization requires not only the right ideas and requisite resources, but also focusing on core functions like Finance, Accounting and Taxation becomes necessary. In this regard, the following services are provided:

The Companies Act of 2013 sets down rules for the establishment of both "Public" and "Private" companies. Our team helps the companies take shape, by providing the required services such as:
  • Filing of various forms for Name Approval, informing ROC about registered office, details of proposed directors, etc
  • Preparation of Memorandum (MOA) and Articles of Association (AOA)
  • Applying for Directors Identification Number (DIN), Digital Signature Certificate (DSC) for the directors or authorized representatives, etc
  • Corresponding with the ROC for scrutiny and corrections if any, till the actual grant of the certificate of incorporation and certificate of commencement of business.
  • Registrations with statutory authorities like Provident Fund (PF), Employees State Insurance (ESI), Sales Tax / VAT Registration, Service Tax Registration, STPI, etc
Proper and up-to-date book-keeping as well as financial accounting is necessary for the smooth functioning of any organization . By outsourcing such activities, organizations can easily concentrate on core business activities. In this regard, the following services are provided:
  • Acting as a Virtual CFO.
  • Accounting including virtual accounting services, covering the gamut o f areas like accounts receivable and payable, tax accounting and payroll accounting.
  • Furnishing necessary MIS Reports as per mutually agreed formats.
  • Liaison with the Auditors for finalization of accounts.
  • Supervision of the accounting transactions of the company to ensure compliance with best accounting practices and protocols.
  • Monthly reconciliations of various accounts.
  • Preparation of Cash Budgets, Cash Flow Statements, Profitability Statements, Statement of Sources and Application of Funds, etc
  • Budgeting including Capital budgets and Revenue budgets
  • Working Capital Management including Inventory management
There are several requirements that you have to comply with for working in India. It starts with obtaining a PAN (Permanent Account Number) from Income tax Authorities, then obtaining a TAN (Tax Deduction Account Number), etc. Our team helps you in complying with all tax requirements, including:

Direct Taxation:

  • Expert in international taxation and transfer pricing.
  • Preparation of Tax & TDS Returns
  • Tax compliance and representation before tax authorities
  • Filing of Appeals & representation before Appellate Authorities
  • Tax planning for new, existing and reorganized businesses
  • Advisory Services on Transfer pricing issues

Indirect Taxation:

  • VAT / Sales Tax returns filing, VAT Audit assistance etc
  • Service Tax returns filing, Cenvat Credit review and such other advisory and compliances services.
Our team of highly professional and qualified Chartered Accountants provide value added and focused audit services. We provide a wide range of audit services including:
  • Statutory and Tax Audit
  • Management and Operational Audit
  • Stock and Fixed Assets Verification and Reconciliation
  • Certifications such as Annual Performance Reports on ODI (Overseas Direct Investment), STPI (Software Technology Park of India), Fixed Assets, Net worth, Certifications u/s 195 of IT Act, Service Tax Certification, etc.
For in depth checking of day-to-day transactions, large business organizations require internal audit and the following services are provided in this regard:
  • Identification and implementation of necessary financial and accounting controls
  • Performing Test of Controls and Walkthroughs, and thus determining the control effectiveness
  • Designed audit programs and implementing the same to fulfill the audit objectives
  • Carrying out periodic risk analysis about the various financial decisions of the company and advising them on the beneficial course of action
Corporate Secretarial services provided by our firm include:
  • Name Availability
  • Drafting of Memorandum & Articles of Association with special tailor made structure
  • Incorporation & Statutory Compliances.
  • Maintenance of Statutory Records & registers
  • Preparation of notices & minutes and associated documentation for board meetings and general meetings
  • Preparing and filing annual returns and other statutory documents with the Registrar of Companies
  • Provisions of Registered Office Facilities
  • Filing of Petitions with Company Law Board & other CLB related matters
Due to the on-going reforms and changes in the statutory and compliance structure in the present day Indian economy, it becomes necessary for every corporate entity to be equipped, well in advance, to comply with the same on a timely and smooth manner. In this regard, services like convergence to IFRS, filings through the recently introduced XBRL route, etc are provided.
  • Preparing Project Reports and Feasibility Studies
  • Drafting deeds for joint ventures, etc
 
     
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