Every individual, business and a private firm in India needs chartered
accountants to handle their money and tax related work. CAs are especially needed when an individual
or group of individuals want to set up a new business or start a new venture.
Delhi and its surrounding cities like Noida, Gurugram and neighboring regions
have become a center of business activity in North India. Setting up a business
and maintaining it requires the help of CA firms that are capable of handling
tax process and giving sound financial advice to their clients. The following
are ways in which CA Firms in Noida
and other regions around Delhi help setup businesses.
Solutions Offered
By CA Firms to Start a Business
Generally while starting a company, the first step is to register the
company with the Registrar of Companies or ROC. Either a Private Limited
Company can be set up or a Limited Liability Company can be set up depending on
the size of the company, the number of shareholders and the organizational
structure of the company. Chartered accountancy firms help set up and register
a client’s company with the ROC. Company Formation in Noida will be very easy if the work is given to a reputed CA
firm in Noida which will handle the entire process. This process includes the filing
of the Memorandum of Association (MOA) and the Articles of Association (AOA)
with the ROC.
Chartered
Accountancy Services – After Forming a Business
Hiring a Chartered Accountant in Delhi will help a business stay on track with a number of key processes
needed to keep a business afloat and flourishing. XBRL Filing, stock audits,
technical audits and accounting and bookkeeping of the firm is often outsourced
to reputed Chartered accountancy firms in the city. This helps business keep up
with their finances and also ensures an outside vigilance is maintained,
regarding the financial aspect of a company. Companies hire CA firms for other
tasks like complete payroll processing and tax advice and consultancy regarding
income tax, service tax, and excise. Goods and Services Tax has been introduced
recently in India. CA Firms help businesses file exact Goods and Services Taxes
by providing advisory on how this new law is to be implemented. Besides this
chartered accountant help businesses in other areas like registration of
trademarks, accounting as per revised government rules and taxation services
for nonresident Indians. Other services offered by the CA firms include
preparation and filing of tax returns, advising clients on tax strategies and
also helping out international firms with international taxation rules and
policies.
Setting up a business is not a difficult task if a reputed chartered
accountancy firm is involved in the process. There are many rules, regulations,
and policies that are listed in setting up a business in India and so doing
things by the book is always advisable.