Posts

Showing posts from March, 2024

Business Plan Preparation in Vadapalani - Filingpoint

Image
Welcome to Filingpoint CA for  Business Plan Preparation Expert +91 72999 72500 Filingpoint   Business Plan Preparation in Vadapalani is a significant step for an Entrepreneur at the early stage. This helps an entrepreneur in putting down all essential details about any business on paper in a meaningful manner. This also gives an entrepreneur a clear overview of the business concept. While collecting information for preparing a business plan, the entrepreneur should keep in mind to collect external data and describe the concept of the business at a high level. It is important to remember that a business plan is a living document and should be updated regularly. This is important because the environment, the audience and the objectives of the business may change from time to time. Therefore, it is advisable for businesses to use a third party service provider for the preparation of business plans. This will ensure that the business plan is up-to-date and meets the ...

IE Code Renewal in Kodambakkam - Filingpoint

Image
Welcome to Filingpoint CA for  IE Code Renewal Expert +91 72999 72500 Filingpoint Import/Export Code (IE code) is a unique 10-digit number issued by the Directorate General of Foreign Trade. It is an essential document for any business or entity involved in the import/export of goods and services in India. It is a mandatory requirement to quote this code while clearing customs and transferring money abroad. It is also required to be quoted by banks while sending shipments and receiving money from overseas. Filingpoint IE Code Renewal in Kodambakkam :   The DGFT process of obtaining an IE code is simple and quick, as it requires very few documents to be submitted along with the application form. The whole process is online and can be completed in 15-20 working days. Once the IEC is approved by DGFT, the applicant will receive the confirmation in 1-2 working days. IEC is a perpetual enlistment that is substantial for a lifetime, hence, there will be n...

IE Code Registration in Kodambakkam - Filingpoint

Image
Welcome to Filingpoint CA for IE Code Registration Expert +91 72999 72500 Filingpoint IE Code Registration in Kodambakkam is required for individuals and corporates who are planning to take their services or products to the international market. It helps them grow their businesses in the global market and also avail various advantages from the DGFT, Export Promotion Council and Customs. The process of IEC registration is straightforward and the applicant can apply for it online or offline. The IEC Registration is a unique 10 digit code that will be issued by the DGFT for companies who are importing and exporting goods. It will be valid for a lifetime and will not require renewal. It will help you to identify your company in the database and can be used as proof for various purposes. Getting an IE code is not a complicated task and the process of IEC registration in chennai is quick and hassle-free. It is recommended that all entities should get their IEC ...

Internal Audit Services in Vadapalani - Filingpoint

Image
Call Our Filingpoint CA for Internal Audit Services Expert +91 72999 72500 Filingpoint   the Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve risk management, control, and governance processes-the IIA definition of audit. The Clerk functions as the County Auditor for Citrus County, and has established the Internal Audit Department (IAD) to perform that function. The IAD is an independent , unbiased department that performs financial, compliance, operational, and performance audits of the Clerk and Board of County Commissioners (BOCC) administration and operations. IAD personnel are professional certified auditors who work under the guidance of internal audit standards and professional codes of ethics. As part of its audits, the IAD identifies...

Tax Consulting Services in Vadapalani - Filingpoint

Image
Call Our Filingpoint CA for Tax Consulting Services Expert +91 72999 72500 Filingpoint Tax consulting services help small businesses deal with property taxes, payroll taxes and more. While accounting software and general accountants can handle some of these tasks, they aren't always ideal solutions. Tax consultants offer a better alternative and can save you money in the long run. Choose a firm with a global presence and network . This ensures they are well-versed in the local tax laws of multiple jurisdictions. This helps them reduce your overall tax burden and navigate complex international transactions more effectively. They can also help you find new opportunities in foreign markets, as they are aware of local tax rules and regulations. A competent tax consultant can help you reduce filing errors in computation, saving you a lot of money in penalties from the IRS. They can also use their expertise to defend you during a tax audit, giving you peace o...

Accounting Services in vadapalani - Filingpoint

Image
Call our Filingpoint CA for  Accounting Services Expert +91 72999 72500 Filingpoint   Accounting is the process of recording, classifying and summarizing financial transactions. It is a vital part of any business as it helps you track your profits and losses, how much money you are spending on different things and also provides information about your tax obligations. It is also important for statutory compliances and other legal issues. Accountants are professionals who have knowledge, expertise and experience to help individuals or businesses manage their finances and generate reports for a better understanding. They can assist with managing your expenses, creating budgets and avoiding costly tax penalties by making sure that all forms are filled out correctly. There are many types of accounting services available, including cost accounting, management accounting and forensic accounting. These services can be provided in-house or outsourced to an external ...

Auditor Resignation in vadapalani - Filingpoint

Image
Welcome to Filingpoint CA for  Auditor Resignation Expert +91 72999 72500 Filingpoint Auditors are under pressure thanks to improved investor awareness and public scrutiny. It's the season of audited results and a spate of resignations has started hitting the headlines. The resignation of Deloitte Haskins & Sells as auditors to Adani Ports and Special Economic Zone brings fresh scrutiny of the financial management at the conglomerate led by billionaire Gautam Adani. A Shiv Sena (UBT) lawmaker has wondered whether the auditor resigned because the Adani Group of Companies refused to allow an independent external investigation into some allegations levelled by US short-seller Hindenburg Research. In a letter to the company, Deloitte said it had tendered its resignation as the auditor to the Adani Ports and Special Economic Zone Ltd (APSEZ) and its six material subsidiaries. The board accepted the resignation on Saturday (12 August 2023). MSKA & Assoc...

Auditor Registration in vadapalani - Filingpoint

Image
Welcome to Filingpoint CA for  Auditor Registration Expert +91 72999 72500 An Filingpoint auditor can resign from a company by filing a notice with the Registrar of Companies. The notice should include a statement on the reasons for resignation. This statement is mandatory to be filed within thirty days of the date of resignation. If the resigning auditor does not file this statement, they may be subjected to penalty under Section 140(2) of the Companies Act, 2013. The board of a company can also ask an external auditor to resign by giving them a notice that states the reason for the resignation. This is a common practice in India and it helps in maintaining good corporate governance norms. In the wake of scandals like IL&FS and DHFL, the government has been tightening up the rules for independent directors and auditors. The move comes after Deloitte raised concerns over certain transactions flagged by a U.S-based short seller. The move could spook inve...

Auditor Appointment in vadapalani - Filingpoint

Image
Welcome to Filingpoint CA for  Auditor Appointment  Expert +91 72999 72500 Filingpoint Auditors are a vital part of any organisation or business as they help in measuring the condition and financial information of the company. It is the duty of every company to appoint a qualified and competent auditor to fulfil this obligation. It is also essential for companies to adhere to the various procedures and regulations laid down under the Companies Act. The first appointment of the Auditor of a company has to be done within 30 days of incorporation. The board of directors has to propose the name of the first auditor and get it authorised at the company's first AGM. The first auditor has to serve the company till the end of its first AGM. If a casual vacancy arises due to the resignation of an auditor , it has to be filled as soon as possible. The resigning auditor must provide a resignation letter informing of the date and reason of his/her resignation. This ...

Company Closure in Vadapalani - Filingpoint

Image
Welcome to Filingpoint CA for  Company Closure Expert +91 72999 72500 Filingpoint Company Closure in Vadapalani is a process of shutting down a business entity. Typically, it involves liquidation of assets and settlement of liabilities. It can be done for a number of reasons, including a desire to focus on new opportunities or because of financial difficulties. A company can be closed either voluntarily or involuntarily. Voluntary closure is usually a strategic decision made by the company's management to focus on other opportunities or address challenges that are unsustainable. Involuntary closure is usually the result of legal or regulatory challenges, such as violations, lawsuits, or inability to secure funding. There are a few steps that need to be followed when closing a private limited company in Chennai. First, a board resolution needs to be passed declaring that the company is going through a voluntary winding up. There must also be a declaration...

DIN Reactivation in Vadapalani - Filingpoint

Image
Welcome to Filingpoint CA for  DIN Reactivation Expert +91 72999 72500 Filingpoint A DIN is an eight-digit unique identification number that the central government assigns to anyone seeking to become or who already works as a director of a company. It is registered in a centralized database that keeps records of all directors, making it easier for companies to keep track of them while also helping the government avoid duplicates and those deemed unfit for the job. To obtain a DIN, individuals must submit an application through the Ministry of Corporate Affairs website with their proof of identity and address. They are then assigned an SRN (Service Request Number) that they will use for all future correspondence with the ministry. It is important to note that applicants must be at least 18 years old and Indian citizens, and those who have been declared unfit or insolvent cannot get one. Every year, a DIN holder must submit an e-form DIR-3 to update their KYC ...

KYC Filing in vadapalani - Filingpoint

Image
Welcome to Filingpoint CA for  KYC Filing Expert +91 72999 72500 Filingpoint KYC filing in vadapalani is an annual requirement for all directors of companies. It is an online verification process that ensures that the director has valid contact details like a personal mobile number and email address. The form also requires a copy of the director's PAN card. It must be submitted to the Ministry of Corporate Affairs (MCA) before 30 September every year. If a director fails to file the form before the due date, he or she will have to pay a penalty. The MCA has made it mandatory for all directors to submit their KYC details in a new e-form called DIR-3 KYC. The form must be signed by the DIN holder and certified by an expert such as a CA or CS. It also requires proof of address, such as a utility bill not older than two months. Who needs to file DIR-3 KYC? For the financial year 2019-20 onwards, all directors who have been allotted a DIN or DIN and all ...

MOA object change in Vadapalani - Filingpoint

Image
Welcome to Filingpoint CA for  MOA Object change Expert +91 72999 72500 Filingpoint Memorandum of Association (MOA) is a key document for any type of company registration and incorporation. It acts as a cornerstone and holy constitution of any firm. It defines the scope of activities that a Company can indulge in and lays down the guidelines on which the Company will function and manage itself. The MOA is a legally binding document and any activity that is not mentioned in the MOA is deemed to be unlawful. Hence it is important to draft the MOA well. Kanakkupillai with its panel of experts provides comprehensive assistance to companies in drafting the MOA. The team helps in identifying the key provisions that should form part of the MOA. It also assists in drafting the MOA using simple and clear language avoiding legal jargons. The most significant aspect of the MOA is the "Object Clause." The clause identifies the main and other objectives for ...

Charge correction in vadapalani - Filingpoint

Image
Call our Filingpoint CA for Charge correction  Expert +91 72999 72500 Filingpoint  Correcting charges in Vadapalani, Chennai, involves understanding the context of the locality and its specific needs. Vadapalani is a bustling urban area in Chennai known for its religious landmarks, commercial establishments, and residential communities. As such, ensuring accurate charging mechanisms and addressing issues related to power distribution are crucial for the smooth functioning of the area. 1. Assessment of Infrastructure : Conduct a comprehensive assessment of the existing power infrastructure in Vadapalani. This includes substations, transformers, distribution lines, and meters. Identifying areas with outdated or inadequate infrastructure is essential for targeted upgrades.   2. Technology Integration : Integrate advanced technologies such as smart meters and IoT-enabled devices to monitor electricity consumption accurately. Smart meters provide real-tim...

Share allotment in vadapalani - Filingpoint

Image
Call Our Filingpoint CA for Share allotment Expert +91 72999 725 Filingpoint In the context of share allotment, companies often seek the expertise of Chartered Accountants (CAs) to navigate the complexities involved in the allotment process. CAs play a pivotal role in ensuring compliance with legal requirements and facilitating smooth transactions.   Firstly, the company intending to allot shares must adhere to the provisions outlined in the Companies Act, 2013, regarding the issuance of shares. This includes obtaining necessary approvals, drafting relevant documents such as the prospectus or letter of offer, and ensuring compliance with SEBI guidelines if the shares are being offered to the public.   For allotments exceeding 250 shares, the process becomes even more intricate. It involves meticulous documentation, scrutiny, and adherence to regulatory frameworks to prevent any legal or compliance issues. CAs assist companies in preparing financial...

Capital increase in vadapalani - Filingpoint

Image
Welcome to Filingpoint CA for Capital increase Expert +91 72999 72500 The Capital increase in vadapalani to Filingpoint is one of the most popular neighbourhoods of Chennai, a city in Tamil Nadu, India. Located close to the airport and many of the city's major attractions, this bustling locality is home to a wide variety of shopping malls, markets and restaurants that cater to all your needs. It is also well-connected to the rest of the city via buses and metros. The area is also a hub for a variety of business services such as interior designers, movers and packers, rental furniture & appliances and solar rooftop services. Moreover, there are plenty of entertainment centres such as theatres and bowling alleys in the vicinity, allowing residents to unwind after a long day at work. Besides these facilities, the locality is also known for its healthcare infrastructure. Several major hospitals such as SRM Institute of Medical Science (SIMS), Vijaya He...