We take care of your Compliance System
Under this service, the experts would discuss with you on various issues in relation to your business start-up, ranging from deciding the business entity, financial projections to local and other registrations. In addition to this, we would provide you a written note on any one topic of your choice, such as selection of business entity, local and central registration requirements. They would guide you, so that your path becomes less painful enabling you to concentrate fully on growth of your business.
A Start-up Consulting service would involve active discussion with the Entrepreneur on following topics:
Business description ( objectives of entrepreneurs)
Nature of business (manufacturing, retailing and service)
Nature of business entity ( private or public company, LLP, General Partnerships, Sole Proprietorships)
Financial projections (capital needs, sources and cost of funding)
Companies have to Comply with ROC by filing various return, forms and documents and these could be categorized in two heads. Annual compliance filling – Compliances which are required to be made once in a year by all the companies incorporated under the Companies Act, 1956.
Other Compliance filling – Compliances which are required to be made from time to time on various events.
Given below is the list of few events in which compliance with ROC is required:
Change in Authorised / Paid up Capital of the Company.
Allotment of new shares / transfer of shares / invitation to subscribe for shares.
Issue of shares to the Directors / employees of the Company.
Subdivision of face value of the shares of the Company.
Investment in share / other securities. Giving Loans to other Companies.
Change in composition of the Board of Directors.
Appointment of Managing / whole time Director and payment of remuneration.
Payment of remuneration to Director / his relative / firm of the Director etc. are contracting with any of the above.
Loans to Directors / Members or to firms / companies where they are partner / members respectively. Giving loans to Companies under same management.
Opening / closing of bank accounts or change in signatories of Bank account.
Change in terms of the Loan taken earlier.
Full payment of the amount of loan taken against the property of the Company.
Acceptance of deposits from Directors / members of their relatives.
Executing the documents under the common seal of the Company.
Sale or purchase of the fixed assets of the Company.
Entering into new business / Partnership.
Alteration of memorandum and articles of association of the company.
Doing the business with a non resident or a foreign citizen.
Convening the meetings of the Company. Submission of the resolution to any other third party / any authority, maintenance of board meeting minutes book.
Maintenance of minutes of general meetings and its attendance.
Amalgamation of the Company with other company.
Shifting the registered office of the Company from one place to other.
Appointment or change of the Statutory Auditors of the Company.
Agreement entered by the shareholders of the Company where Company is a Party.
Annual Filing, Disclosure by Directors, Drafting of Annual return, Minutes, notices, various Certifications and updating the Statutory Register.