SHERIFF & ASSOCIATES

Your Partner in ATCSS ( Auditing, Taxation and Corporate Secretarial Services)

Agency based in Chennai, India

Featured Clients

Cera-chem Pvt. Ltd.

MKB Fruits

Projects

Pinned

ST COURIER PVT

Internal Audit

Ongoing Project

Pinned

IMC Employees Union

Annual audit For the IMC Employees union

* About Client The IMC Employees Union serves as the dedicated guardian of the welfare and interests of the employees working within IMC Ltd. Their primary mission is to ensure a safe, fair, and harmonious work environment for all members. * Client requirement and expectation The IMC Employees Union has entrusted us with the tasks of filing an audit report and conducting a thorough tax audit on their behalf. Work engaged in 1. In-depth examination: 2. Compliance assessment: 3. Risk identification and mitigation: 4. Optimal tax planning: 5. Reporting and recommendations:

Ongoing Project

Tax Audit Annual Auditing

Services

MSME Certificate

An MSME Certificate refers to the certification issued to Micro, Small, and Medium Enterprises (MSMEs) in India under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. It is a recognition of the enterprise's status and qualifies it for various benefits and support offered by the government. Who requires an MSME Certificate? Any business entity falling under the definition of Micro, Small, or Medium Enterprise can apply for an MSME Certificate. The classification is based on the investment in plant and machinery or equipment and annual turnover of the enterprise. Key Benefits 1. Priority Lending: MSMEs are eligible for priority lending from banks, meaning they can avail loans at preferential interest rates and with relaxed collateral requirements. 2. Credit Facilities: MSMEs can access various credit facilities such as loans, overdrafts, and working capital financing from financial institutions. 3. Government Support: MSMEs receive support and incentives from the government in the form of subsidies, tax benefits, and grants for their growth and development. 4. Preference in Government Tenders: MSMEs are given preference in government procurement processes, enabling them to participate in government tenders. 5. Technology and Skill Development: MSMEs can benefit from government initiatives aimed at promoting technology adoption, skill development, and capacity building. 6. Marketing and Promotion: MSMEs get exposure through government-led marketing and promotional campaigns, enhancing their visibility and business opportunities.

Price Available on Request

IE Code (Import Export Code)

IE Code, also known as Import Export Code, is a unique 10-digit code issued by the Directorate General of Foreign Trade (DGFT) in India. It is a mandatory requirement for individuals or businesses involved in importing or exporting goods and services from India. Who requires an IE Code? Any individual or business entity engaged in import/export activities in India is required to obtain an IE Code. It is essential for: 1. Importers: Individuals or businesses importing goods into India. 2. Exporters: Individuals or businesses exporting goods from India. 3. Manufacturers: Manufacturers who wish to claim benefits or subsidies from the government. 4. Service Providers: Service providers involved in cross-border trade. 5. E-commerce Sellers: Online sellers engaged in international trade. Key Benefits and Expectations: 1. Legal Compliance: Obtaining an IE Code ensures compliance with Indian laws and regulations related to import/export activities. 2. Global Trade Opportunities: It enables businesses to explore international markets and engage in cross-border trade. 3. Ease of Custom Clearance: An IE Code simplifies the custom clearance process and eliminates the need for extensive documentation. 4. Availing Government Benefits: It allows businesses to claim various benefits, incentives, or subsidies provided by the government. 5. Building Credibility: Having an IE Code enhances the credibility and trustworthiness of the business in the global market. By obtaining an IE Code, individuals and businesses can expand their trade horizons, engage in international transactions, and unlock numerous growth opportunities in the import/export domain.

Price Available on Request

ITR (Income Tax Return)

At Sheriff & Associates, we offer a comprehensive range of ITR (Income Tax Return) services to assist individuals and businesses in fulfilling their income tax obligations. Our dedicated team of tax professionals ensures accurate and timely preparation and filing of income tax returns, providing a hassle-free experience for our clients. Our ITR services encompass the following: 1. ITR Preparation: We assist individuals and businesses in preparing their income tax returns by meticulously gathering and organizing financial information, deductions, and credits. Our experts ensure that all necessary forms and schedules are completed accurately, maximizing tax benefits and minimizing errors. 2. Tax Planning: We provide strategic tax planning services to optimize tax positions and minimize tax liabilities. Our team analyzes the client's financial situation, assesses available deductions and credits, and recommends effective tax-saving strategies to maximize tax savings. 3. Tax Compliance: We ensure compliance with income tax regulations by keeping abreast of the latest tax laws and requirements. We assist our clients in meeting all filing deadlines and fulfilling their reporting obligations to avoid penalties and non-compliance issues. 4. Tax Advisory: Our experienced tax professionals provide personalized tax advice tailored to the unique circumstances of each client. We offer insights on tax implications related to investments, real estate transactions, business operations, and other financial matters, helping clients make informed decisions. 5. Tax Audits and Representation: In the event of a tax audit or inquiry by tax authorities, we provide representation services, liaising with tax officials and guiding clients through the audit process. Our goal is to protect our clients' interests and ensure a fair and favorable outcome. By engaging our ITR services, individuals and businesses can rely on our expertise, attention to detail, and commitment to delivering accurate and compliant tax returns. We strive to minimize tax burdens, maximize tax benefits, and provide peace of mind when it comes to income tax matters.

Price Available on Request

DIN (Director Identification Number) Services

DIN stands for Director Identification Number, which is a unique 8-digit number issued by the Ministry of Corporate Affairs (MCA) in India. It is a mandatory requirement for individuals who wish to become directors of companies registered under the Companies Act, 2013. Who requires a DIN? Any individual who wants to hold a directorship position in a company registered in India is required to obtain a DIN. It is applicable to: 1. Existing Directors: Individuals currently holding directorship positions in companies. 2. New Directors: Individuals seeking to become directors in registered companies. 3. Designated Partners: Individuals wishing to be designated partners in Limited Liability Partnerships (LLPs). Related Services 1. DIN KYC 2. Change in Director details 3. Appointment of Director 4. Resignation of Director 5. Disqualification of Director 6. Removal of Disqualified Director 7. Surrender of DIN

Price Available on Request

Net Worth Certificate

Net Worth Certificate * A net worth certificate is a document that provides an estimation of an individual's or entity's net worth. * The certificate provides a comprehensive overview of one's financial position. A net worth certificate may be required by various individuals or entities in different situations. Some common examples include: 1. Individuals applying for loans. 2. it is important For High net worth individuals for tax planning, asset allocation, and wealth management. 3. For business owners: Investors and potential partners use the certificate to evaluate the financial health and value of the business. 4. Legal proceedings: In divorce cases or disputes involving the division of assets, a net worth certificate can help determine the fair distribution of wealth between parties. 5. For immigration and visa applications and 6. Financial audits: Companies may need to provide a net worth certificate during financial audits to provide an accurate picture of their financial position, etc. By obtaining a net worth certificate, individuals can expect: * A clear understanding of their financial standing and net worth. * Better decision-making capabilities based on accurate financial information. * Increased credibility and confidence when applying for loans or engaging in business transactions. * Enhanced ability to plan for the future, whether it's estate planning or investment opportunities. * Compliance with requirements from financial institutions, investors, and legal authorities. * A comprehensive assessment of assets and liabilities, aiding in financial management and wealth preservation.

Price Available on Request

GST

At Sheriff & Associates, we are dedicated to providing comprehensive GST (Goods and Services Tax) services to our clients. Our team of experts is well-versed in the intricacies of GST regulations and strives to offer a wide range of services to meet our clients' diverse needs. Our GST services encompass the following: 1. GST Registration: We assist businesses in obtaining GST registration, ensuring compliance with the necessary requirements and procedures. Our team guides clients through the registration process, helping them obtain their GSTIN (Goods and Services Tax Identification Number) smoothly and efficiently. 2. GST Filing: We offer efficient and accurate GST filing services, ensuring timely submission of GST returns. Our team ensures that all necessary information is properly captured and reported, minimizing the risk of penalties or non-compliance. 3. GST Compliance: We help businesses stay compliant with GST regulations by providing ongoing support and advice. Our experts keep track of changes in GST laws and regulations, ensuring that our clients remain up-to-date and informed about their compliance obligations. 4. GST Advisory: Our team offers expert guidance and advisory services related to GST matters. We provide insights into GST implications for specific business transactions, assist in tax planning, and offer recommendations to optimize GST-related processes and reduce tax liabilities. 5. GST Audits: We conduct comprehensive GST audits to ensure that businesses are accurately reporting and complying with GST regulations. Our audits help identify any potential errors, discrepancies, or areas for improvement, enabling businesses to rectify issues and improve their GST compliance. By availing our GST services, businesses can benefit from our deep expertise and commitment to excellence. We strive to provide practical solutions, personalized attention, and accurate advice to help businesses navigate the complex world of GST effectively.

Price Available on Request

About Us

Welcome to Sheriff & Associates! Your partner in ATCSS (Auditing, Taxation, and Corporate Secretarial Services) needs. Our team of experienced auditors and tax consultants provides expert guidance on everything from tax planning and compliance to internal audits and corporate secretarial services.

At Sheriff & Associates, we are committed to delivering exceptional service to our clients. We understand that navigating the complex world of tax and compliance can be challenging, and we are here to help simplify the process and provide peace of mind. Whether you're an individual taxpayer, a small business owner, or a large corporation, we have the expertise and resources to meet your needs.

Our services include tax planning and preparation, internal and external audits, GST compliance, company registration and compliance, and much more. With a focus on accuracy, efficiency, and timely delivery, we strive to exceed your expectations and build long-lasting relationships with our clients.

If you're looking for a reliable partner to help you navigate the world of Auditing, Taxation, and Corporate Secretarial Services, look no further than Sheriff & Associates. Connect with us today to learn more about our services and how we can help you achieve your financial goals.

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