Finance and Taxation
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NILS factor is also dedicated to cater all registrations, filing and compliance related services. We have a team of well qualified and semi qualified professionals to help the new and young entrepreneurs to establish their start-ups and already established entrepreneurs to maintain their business needs. We cater to all financial and taxation related services like:
Business Formation Services
Private limited Company Registration
It requires a minimum capital of Rs.100000/- and includes 2 DSC’s , 2 DIN’s, MOA&AOA, PAN, TAN and certificate of Incorporation. Advantage of owning a private limited company is that the financial liability of shareholders is limited to their shares. Therefore, if a private limited company will be in financial trouble and need to close the Company then shareholders will not risk losing their personal assets.
One-person Company Registration
One Person Company is a separate Legal entity with just one member. Unlike a private limited company which requires minimum 2 shareholders and 2 directors, an OPC can be formed with only one shareholder.
The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity.
Public Ltd Company Registration
It requires a minimum capital of Rs.500000/- and includes 7 DSC’s , 3 DIN’s, MOA&AOA, PAN, TAN and certificate of Incorporation. Advantage of owning a public limited company is better access to capital, Shareholders are able to buy and sell their shares if they are quoted on the stock exchange.
Limited Liability Partnership
LLP is a form of business operation which combines the features of a Partnership and a body corporate and on the other hand Partnership refers to an agreement wherein 2 or more persons agree to carry on a business and share profits and loses mutually. Advantage is that the partners are not liable personally and cannot be forced to pay a business debt or liability with personal property or assets. Their personal assets would be shielded from all business liability and includes 2 DSC’s , 2 DIN’s, LLP Agreement, PAN, TAN and certificate of Incorporation.
Proprietorship
Simplest form of conducting business as minimum legal cost to start a business and no corporate tax is payable.
Partnership firm
It is simple and easy to set up as no forms or agreements are to be filed accept the partnership deed which is document containing the basic details of the business. It has a simple operating structure and the partners have the flexibility to operate according to their needs.
Section 8 Company (Trust/Society)
The eligibility for the section 8 company registration is that the object must be charitable or to promote arts, science, commerce etc. It shall intend to apply all its profit in promoting the objectives and assures the prohibition of dividend to any of its members. Section 8 company is a non profit organisation that is why they are exempted from some provisions of the income tax. They avail the benefits under section 80 G of the Income Tax Act, 1961. They are also required to pay less stamp duty as compared to other organizations.
Tax Registration Services
- PAN
- TAN
- GST registration
- IEC code
- FSSAI License
- DIN
- 15CA CB form
Compliances related services
- GST returns
- MCA returns
- TDS returns
- Income Tax return
- LLP filings
- Audits
- KYC DIR
Other Registration Services
- PF and ESIC Registration
- MSME Registration
- LUT for export in GST
- Digital Certificate