WE OFFER

We offer a spectrum of services to domestic and foreign companies which includes Company Registration & their Annual Compliances, Secretarial & Legal assistance, MIS & Data Analytics, Business Intelligence & Interactive dashboarding, Accounting & Bookkeeping and Business Process Outsourcing. We are a team of professionals with competitive pricing. You may register your query through ‘Chat with us’ at the bottom of this page or send us an e-mail on [email protected] or find our details on ‘Contact us’ page. Our Specialist Advisor will get back to you in 2-3 working days.

O

nce a Partnership firm is formed, there are certain annual compliances that need to be adhered to. These annual compliances provide coverage to various laws and statutes in India and non-compliance may lead to severe penalties. There are certain prescribed timeframes within which adherence is required. The laws which prominently require compliances are

  • Income tax Act
  • Goods & Services Tax Act
  • Service Tax Act
  • Companies Act and
  • Rules framed by Reserve Bank of India

All the filings are governed and regulated by Ministry of Corporate Affairs (MCA).

We help our clients with all their annual compliance needs and have defined packages to meet their requirements at most competitive prices. In addition, we understand that it may not always be possible to avail all services. In that case, we have tailor made packages for you to pick and choose the service that is required during the year.

Our Process
DOCUMENTS REQUIRED
ANNUAL COMPLIANCES
OUR PRICING
OUR PROCESS
WE COLLECT DETAILS

Please fill basic details in form & share required documents

SIT BACK & RELAX

Let us Do it for you. Do Nothing & collaborate with us

compliances DONE

We ensure Compliances are done timely and regular updates given

This is what we do when YOU SIT BACK & RELAX

  • Review the documents and information provided
  • Apply for Digital Signature Certificate (DSC)
  • Check availability of company name with MCA
  • Draft Memorandum of Association (MOA)
  • Draft Articles of Association (AOA)
  • Draft all other incorporation documents
  • Reserve name with MCA
  • Apply for Directors Identification Number (DIN)
  • Apply for company incorporation with MCA
  • Apply for PAN and TAN of company
DOCUMENTS REQUIRED
Foreign Companies

In case of NRI or Foreign National, documents of director(s) must be notarized and/or apostilled

Latest Passport size photograph of Shareholders and Directors

  • Aadhar card and Voter ID/ Passport/ Driving License of Shareholders and Directors
  • PAN Card of shareholders and Directors
  • Foreign nationals must provide a valid passport

Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Shareholders and Directors

The above documents should not be more than 2 months old

  • Latest Electricity Bill/ Telephone Bill of the registered office address
  • No Objection Certificate to be obtained from the owner(s) of registered office
  • Rent Agreement of the registered office should be provided if any

All other incorporation documents to be provided in soft copy

ANNUAL COMPLIANCES

Maintaining books of accounts as per Indian GAAP

Partnership firms involved in carrying on a specified profession would be required to maintain book of accounts as per Income Tax Act, if gross receipts is more than Rs.1.5 lakhs in all three previous years. In case a partnership firm is receiving income profession (other than specified profession), book of accounts must be mandatorily maintained if income exceeds Rs.2.5 lakhs in any one of the three years previous year. In case a partnership is involved in business, then maintenance of books of account is mandatory if total sales turnover or gross receipts exceed Rs.25 lakhs in any one of the three preceding years

Partnership Agreement

Registration of partnership deed is optional and the deed can be registered at any time through an application with the Registrar of Firms that has jurisdiction where the firm is situated or proposed to be situated

Registered Office

A Partnership firm must have its registered office within 30 days from the date of incorporation and all the times thereafter

Letterheads

Letterheads should have few mandatory fields as name, address, Phone No, Fax, etc

Bank Account

Bank account of the firm has to be opened on incorporation

Forms

These forms have to be submitted

Partnership Firm RegistrationForm I
Change in Partnership Firm in terms of name/ principal place of business/ nature of the businessForm II (within 90 days)
For Branch Opening and ClosingForm III (within 90 days)
Change in the Details of PartnersForm IV (Within 90 days)
Change in Constitution or DissolutionForm V (Within 90 days)
In case minor becomes major and wants to become a partnerForm VI (Within 90days)

 

TAN

Applying TAN of the firm on signing deed

PAN

Applying PAN of the firm on signing deed

TDS return

A TDS Return is submitted on a quarterly basis to Income Tax Department. It is a summary of all the transactions related to TDS made during a quarter

Income tax return

Partnership firms are required to file their income tax return using Form ITR 5

GST Registration

Entities required to register for GST as per regulations must file for GST application within 30 days from the date on which the entity became liable for registration under GST

GST returns

GST returns have to filed on monthly, quarterly and annual basis

Tax audit

Every firm whose turnover exceeds INR 2 Cr. in case of a business or INR 50 Lakh in case of a profession, is required to get its books of accounts tax audited under section 44AB of the Income-tax Act

Transfer pricing rules and certificaion would be required

Any individual/company/LLP which has undertaken an international transaction with an associated enterprise is required to maintain documentation as per the rules. Also, any individual/company/LLP which has entered into an international transaction during a previous year is required to obtain an Accountant’s Report and furnish report before 30th November of the financial year

OUR PRICING
basic
₹9,999
onwards
Turnover upto 10 lacs
Book Keeping
Financial Statement preparation
Annual Return
Income Tax Return
CA Assistance 3 years experience
10% discount on all services
new
standard
Most Preferred
₹19,999
onwards
Turnover upto 25 lacs
Book Keeping
Financial Statement preparation
Annual Return
Income Tax Return
CA Assistance 3 years experience
10% discount on all services
GST returns quarterly
TDS returns
15% discount in Business Process Outsourcing Services
Premium
₹29,999
onwards
Turnover more than 25 lacs
Book Keeping
Financial Statement preparation
Annual Return
Income Tax Return
CA Assistance 3 years experience
10% discount on all services
GST returns quarterly
TDS returns
15% discount in Business Process Outsourcing Services
Drafting Finance policies
Drafting HR policies
20% Discount on MIS

WHAT OUR CUSTOMERs SPEAK

testimonial-team (Demo)
RAGHAV
Social worker

We used the team to get Section 8 company incorporated. The work was delivered within the timeframe and we were updated by them at every stage. Thanks a ton!!

testimonial-team (Demo)
MOHINI
Entrepreneur

We used the services of Stairfirst to get our LLP incorporated. The team was professional, and all our queries were answered with patience and professionalism. It is nice to get the services similar to any other Global consulting organisation at such affordable prices. I would strongly recommend to businesses & professionals

Connect with us
OUR OFFICE
14, First Floor, ILD Trade Centre, Sohna Road, Sector 47, Gurugram – 122018, India
OUR EMAIL
Drop us an email at
[email protected]
Support
'CHAT with us' or
call us at +91 956-098-2460