Section 8 Company
    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 Section 8 Company is incorporated, 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

    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
    ₹30,000
    + GST
    Annual Turnover upto 20 lacs
    Government Fees
    Quarterly Board Meetings
    Annual General Meeting (AGM)
    Mandatory Board Resolutions
    Auditor Appointment
    Allotment of Share Capital
    Share Certificates
    Commencement of Business Certificate
    Annual Filing AOC 4
    Annual Return MGT 7
    Assistance with Office Stationery
    Maintain Statutory Registers
    Quarterly GSTR 1 –  4 returns
    Monthly GSTR 3B – 12 returns
    FREE CA Consulting
    10% Discount on all services
    new
    standard
    Most Preferred
    ₹42,000
    + GST
    Annual Turnover upto 20 lacs
    Government Fees
    Quarterly Board Meetings
    Annual General Meeting (AGM)
    Mandatory Board Resolutions
    Auditor Appointment
    Allotment of Share Capital
    Share Certificates
    Commencement of Business Certificate
    Annual Filing AOC 4
    Annual Return MGT 7
    Assistance with Office Stationery
    Maintain Statutory Registers
    Quarterly GSTR 1 –  4 returns
    Monthly GSTR 3B – 12 returns
    FREE CA Consulting
    10% Discount on all services
    Monthly TDS deduction & deposit
    Quarterly TDS returns
    Company Income Tax Return
    2 Director’s Income Tax Return
    premium
    ₹72,000
    + GST
    Annual Turnover upto 20 lacs
    Government Fees
    Quarterly Board Meetings
    Annual General Meeting (AGM)
    Mandatory Board Resolutions
    Auditor Appointment
    Allotment of Share Capital
    Share Certificates
    Commencement of Business Certificate
    Annual Filing AOC 4
    Annual Return MGT 7
    Assistance with Office Stationery
    Maintain Statutory Registers
    Quarterly GSTR 1 –  4 returns
    Monthly GSTR 3B – 12 returns
    FREE CA Consulting
    10% Discount on all services
    Monthly TDS deduction & deposit
    Quarterly TDS returns
    Company Income Tax Return
    2 Director’s Income Tax Return
    Monthly Accounting of transactions
    Monthly Bookkeeping of records
    Quarterly MIS
    Financial Statement Preparation

    WHAT OUR CUSTOMERs SPEAK

    Puneet Srivastav
    Puneet Srivastava
    Helium
    Australia

    It has been an absolute delight working with Manish and Stairfirst to support the set up and managing the compliance requirements for our Indian subsidiary. The team is super responsive, best at their game and acts as a trusted partner to guide you through the complex maze of regulatory needs. They have also been accommodating in some extra services we have requested few times at very competitive price. I will highly recommend working with them.

    Emma
    Emma Jones
    Disruptive Hiring
    United Kingdom

    Stairfirst helped us set up Indian subsidiary of our UK Company in timely manner. They understood what we needed and got on with it. StairFirst has become a trusted partner which takes care of all our Annual compliance, RBI Clearances, Income tax and Corporate compliances, Accounting and Payroll services. I am extremely happy to recommend their services.

    Alok Profile pic 2
    Alok Alamban
    Entrepreneur
    Canada

    Team at Stairfirst is always responsive. Their knowledge on regulations and processes is amazing. This is crucial when making decisions while setting up a new business. Our experience with them has been positive. We look forward to continued relationship. Wishing the team more success ahead.

    Connect with us
    OUR OFFICE
    438, Fourth Floor, Spaze i Tech Park, Sohna Road, Sector 49, Gurugram - 122 018, India
    OUR EMAIL
    Drop us an email at
    [email protected]
    Support
    'CHAT with us' or
    call us at +91 99718-86104