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 Subsidiary of a Foreign Company is incorporated in India, 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, particularly Foreign Collaboration- General Permission Route) FCGPR compliance

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 Alacarte 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

Books of accounts have to be maintained under different statutes – Income Tax Act, Companies Act 2013 and GST Act. All the respective acts specify the nature of books to be maintained, retention period and other statutory requirements

Auditor appointment

Auditor has to be appointed within 30 days of company incorporation

Board Meetings

First board meeting has to be conducted in 30 days of company incorporation and 1 such meeting has to be conduced every quarter

Annual General Meeting

Company may hold its first AGM within the period of 9 months from closing of its first financial year otherwise in other cases within the period of 6 months

Annual Return

Annual Return has to be filed in MGT 7

Issue of Share Certificate

Issue of share certificate (within 60 days)

Registered Office

Company 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, CIN No, Phone No, Fax, etc

Bank Account

Bank account of the company has to be opened on incorporation

Statutory Registers

Statutory Registers – These registers have to be mandatorily maintained

MGT-1: Register of Members
MGT-2: Register of Debenture holders Register and Index of Beneficial Owner
MGT-3: Foreign Register of Members, Debenture holders, other security holders or   beneficial owners residing outside India
Form SH-2: Register of Renewed and Duplicate Share Certificate
Form SH-3: Register of Sweat Equity Shares
Form SH-6: Register of Employee Stock Options
Form SH-10: Register of Shares or Securities Bought Back Register of Directors and KMPs Register of Deposits
Form CHG-7 Register of Charges
Form MBP-2: Register of Loans/Guarantee/Security and Acquisition by Company
Form MBP-3: Register of Investments not held in its own name
Form MBP-4: Register of Contracts or Arrangements in which Directors are interested

TAN

Applying TAN of the company on incorporation

PAN

Applying PAN of the company on incorporation

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

Company are required to file their income tax return using Form ITR 6

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 Company whose turnover exceeds INR 1 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

Statutory Audit

Statutory Audit as the name suggests is a compulsory audit for all companies. Every entity which is registered under the Companies Act, as a Private Limited or a Public Limited company has to get its books of accounts audited every year

FC GPR ((Foreign collaboration – General Permission route) compliance

In case of Indian subsidiary of foreign company, the Indian company must report to Reserve Bank of India (RBI) the amount received from foreign company within 30 days of receipt of share application money/amount of consideration. The report must be submitted to the Regional Office of the Reserve Bank of India under whose jurisdiction its Registered Office is located

FC GPR (Foreign collaboration – General Permission route) certification

A certificate from Company Secretary / Chartered Accountant must be submitted by the company to the Foreign Exchange Department, Reserve Bank of India (RBI)

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

If a Company fails to comply with the rules and regulations of the Companies Act, then the Company and every officer who is in default shall be punishable with fine for the period for which default continues. In case of delays, additional fees is required to be paid and it inceases with time.

OUR PRICING
basic
₹149,999
onwards
Turnover upto 10 lacs
Book Keeping
Financial Statement preparation
Statutory Registers
Annual Return
Income Tax Return
GST Registration
Chartered Accountant consulting
10% discount on all services
new
standard
Most Preferred
₹349,999
onwards
Turnover upto 25 lacs
Book Keeping
Financial Statement preparation
Statutory Registers
Annual Return
Income Tax Return
GST Registration
Chartered Accountant consulting
10% discount on all services
GST returns quarterly
TDS returns
FCGPR Compliance
15% discount in Business Process Outsourcing Services
premium
₹549,999
onwards
Turnover above 25 lacs
Book Keeping
Financial Statement preparation
Statutory Registers
Annual Return
Income Tax Return
GST Registration
Chartered Accountant consulting
10% discount on all services
GST returns quarterly
TDS returns
FCGPR Compliance
15% discount in Business Process Outsourcing Services
Drafting Finance policies
Drafting HR policies
Payroll Services
International taxation (Transfer Pricing) assistance
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