CA Sahil Bhatia, Faridabad -Refrens

LLP Registration

A Limited Liabilty Partnership firm (LLP) is a hybrid structure between a partnership firm & a private limited company guided by terms of the mutually adopted partnership deed. The basic difference between Partnership and LLP is the limited liability of its partners and immunity against wrong doing of other partners. Accounts of an LLP are required to be audited when the turnover is Rs. 40 lakh or more or when the total capital contribution is Rs. 25 lakh or more and hence the compliance cost of LLP is always lower than Company. The above price is only the professional fees for drafting and filing documents. Government fee and any additional charges for DSC as applicable will be charged in addition to the above fee.

₹4,000 - ₹5,000 Per Project

ESI Registration

Employee's State Insurance(ESI) registration is mandatory for entities employing 10 or more persons(20 in some states) earning upto a notified amount(presently Rs.21000 per month). Registration by employer is required within 15 days from the date of applicability to the entity. ESI is a health insurance scheme for Indian workers and for all employees earning upto a notified amount, the employer contributes 4.75 percentage and employee contributes 1.75 percentage of the total pay, total share 6.5 percentage. This fund is managed by the ESI Corporation according to rules and regulations of the ESI Act 1948, which oversees the provision of medical and cash benefits to the employees and their family through its large network of branch offices, dispensaries and hospitals throughout India.

₹6,500 Per Project

Professional Tax Registration

Professional tax is a state levy which is imposed on income earned by way of profession, trade, calling or employment. The tax is based on slabs depending upon income of individual who may be self employed or working as employee of an entity. The state governments which are levying state tax are Andhra Pradesh, Assam, Bihar, Gujarat, Karnataka, Kerela, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Tamil Nadu, Telangana, Tripura, Sikkim & West Bengal.

₹4,000 Per Project

MSME/Udyam Registration (Formerly Udyog Aadhar Registration)

MSME or Udyam registration [previously udyog aadhar] provides many benefits for every enterprise. Some of them are 1) Cheaper loans 2) Tax rebates and concessions in govt fees for patents, trademarks etc. 3) Easy access to government tenders 4) Faster payments from corporates or interest@ 3x of RBI

₹1,000 - ₹1,500 Per Project

Form 26QB - TDS Return on Sale of Property

TDS has to be deducted by every buyer on purchase of an immovable property being building/land other than agriculture land if the purchase value exceeds Rs. 50 lakh. TDS has to be deducted at the time of making the payment, whether in lump sum or installments and deposited within 30 days from the end of the month in which TDS was deducted or payment was made. For eg. for a payment that is made in the month of April, TDS has to be deposited alongwith filing 26QB return by 30th of May.

₹1,500 Per Project

Class 3 Digital Signature Certificate with 2 year validity

Class 3 DSC with 2 years validity within 10 mins subject to completion of Video verification by the client. Bulk Discount also available. Digital Signature Certificates (DSC) are the digital equivalent of physical or paper certificates. Likewise, a digital certificate can be presented electronically to prove one's identity, to access information or services on the Internet or to sign certain documents digitally. DSC contains information about the user’s name, pin code, country, email address, date of issuance of certificate and name of the certifying authority. As e-filing is made compulsory in ROC, every director / signing authority needs to have their Digital Signature Certificate. Its now mandatory to obtain Class-3 DSC for any person who is required to sign documents and returns filed with ROC as per MCA21. Mainly used for GST / Income Tax / MCA / EPF / ESIC.

₹1,000 Per Project

PF Registration

Provident Fund(PF) registration is applicable for all entities employing 20 or more persons earning upto notified amount(presently Rs.15000per month). Employer has to register within 30 days of the entitiy's applicability under the Act. The PF contribution by the both the employer and the employee is 12% of salary (basic salary + dearness allowance + retaining allowance + cash value of food concessions). In case of entites which engage less than 20 employees or meet certain other conditions, as per the EPFO rules, the contribution rate for both employee and the employer is restricted to 10%. A provident fund is created with a purpose of providing financial security and stability by helping employees save a fraction of their salary every month, to be used in an event that the employee is temporarily or no longer fit to work or at retirement.

₹6,500 Per Project

Income Tax Return (Freelancers, Professionals and Small Businessmen)

Section 44AD and 44ADA of the Income Tax Act allows the above persons to file a simple return by claiming 6% (receipts through banking channel) 8% (receipts through other mode) for businessmen and 50% for professionals as their profit earned without the hassle of maintaining books of accounts. Following persons cannot claim the above benefit such as businessmen with turnover/gross receipts more than 2 crore or professionals with turnover/gross receipts more than 50lakh or commission income earners, persons engaged in agency business or person not falling under definition of professional as per 44AA of the Act. The above price includes business/professional income, income from one house property and interest income

₹2,000 - ₹3,000 Per Project

Company Incorporation

Private Limited Company is the most popular type of corporate legal entity in India. To register a private limited company, a minimum of two persons are required. Companies enjoy the lowest tax bracket i.e 25% (subject to turnover of Rs. 250 crore). The average time required for complete process is about 20-30 days, subject to government processing time and document submission by the client. The above price is only the professional fees for drafting and filing documents. Government fee and any additional charges for DSC as applicable will be charged in addition to the above fee.

₹6,000 Per Project

Any TDS Return with Form 16/16A generation

TDS is tax deducted at source. Specified persons who are responsible for paying any income to specified persons are required to deduct and deposit to government a part of income tax on such income in order for government to generate audit trail for such income. These persons are also required to obtain TAN number for the same. The above price is only for filing of single TDS return upto 10 deductees.

₹1,500 - ₹2,500 Per Project

15CA 15CB Certificate

A person making the remittance (a payment) to a Non Resident or a Foreign Company has to submit form 15CA online. In some cases, a Certificate from Chartered Accountant in form 15CB is required after uploading the form 15CA online. However, Form 15CA and 15CB will be not be required to be furnished by an individual for remittance, which does not require RBI approval. List of payments of specified nature mentioned in Rule 37BB, which do not require submission of Forms 15CA and 15CB, has been expanded from 28 to 33 including payments for imports. Form No. 15CB will only be required for payments made to non-residents, which are taxable and if the payment exceeds Rs. 5 lakhs. The amount of penalty which the Assessing officer may ask the Assessee to pay for Non compliance is Rs.1lakhs. Form 15CA can be withdrawn within 7 days from the date of Submission. The link to withdraw the submitted form will be available on the website of the Assessee concerned.

₹2,500 - ₹5,000 Per Project

Import Export Code

IEC (Import Export Code) is required by anyone who is looking to kick-start his/her import/export business in the country. It is issued by the DGFT (Director General of Foreign Trade). IEC is a 10-digit PAN based code which has a lifetime validity. Predominantly importers merchant cannot import goods without the Import Export Code and similarly, the exporter merchant cannot avail benefits from DGFT for the export scheme, etc. without IEC.

₹2,000 Per Project

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