Running a business isn’t easy and it comprises of multiple legal options to consider. Focusing on the corporate law, dealing with secretarial and FEMA (Foreign Exchange Management Act) categories is important and experts are here to guide you through the process well. We, at SPD Consulting Pvt Ltd. have well-trained law firm consultants here for you, where we get to advise you on the legal firms on business practices and any matter pertaining to the industry you are in. Following the norms will help you run a business in India with ease.
Statutory Registrations:
Getting hold of the best Statutory Registrations is important, especially if you are planning to get into import and export business in India. Our services in here will include:
Import and export code:
If you are planning to start import or export in India, you better get yourself the IEC. IEC is mandatory for import or export of goods. IEC is not required for importing or exporting personal goods. Furthermore, you will come to learn more about the outsourcing services like payroll services, accounting and like-finance outsourcing, virtual CFO and more.
Establishment and shop license:
Any business associated with selling services or goods to customers out of commercial office will become liable for registering. We are here to assist them in covering registration from requisite department.
Procuring PAN:
Our team from SPD Consulting will help you in procuring PAN numbers for Indian companies, citizens or entities, as incorporated in unincorporated entities forms with the Foreign or Indian Nationals.
TAN:
Join us in getting TAN numbers for requisite persons or entities that will be collecting or deducting tax.
Registration of partnership trust or deed:
We are here to help you with the task of Registration of the Partnership Trust or Deed with requisite authority.
GST:
Right now, registering for GST is vital, but does your business need one? Yes, it surely does and let us guide you with the GST registration process online. We will help you to file application for such registration, and secure your GST identification number for business. We will have a dedicated manager for processing GST registration and complete the task online. You will receive CA assisted filing for covering your GST needs.
Provident Fund (PF):
Employee Provident Fund is one major scheme under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 and it is completely regulated under EPFO. It is one benefit to employee during retirement process, as provided by organization. For any kind of establishment, such registration is mandatory and that’s when you need us for your help. We will help your organization to register with EPFO. Let us guide you through the user manual well and then register for DSC. We will fill the employer’s details on your behalf, correctly.
Employees State Insurance:
If you need help with Employees State Insurance, you have come to the right place. We will fill up the form on your behalf and provide you with details regarding the documents you need to present us with. After verifying the form, the government will issue 17 digit unique numbers. The employee, registered under this scheme, will present the employer with filled form and photos of own family members as part of registration process.
Professional Tax:
Professional Tax happens to be a state-level tax, which is primarily applied to the salaried professionals and employees, which include doctors, accountants and even lawyers. We are here to help you complete the task with ease. We will cover a thorough data check, where we will check each file you send us in. Then we will appoint one affiliate to cover the application process on your behalf and then the TIN will get issued within 15 days of application.
Trademark registration:
If you are making plans for trademark registration, there are some points to be included in the package in here from us at SPD Consulting Pvt Ltd. We have consultation, application preparation, name search and approval, and application filing services for you. We will further help you with same day filing and information on government fees.
Compliances under Companies Act, 2013 & XBRL reporting:
XBRL happens to be a standard communication language in its electronic form to report, express or even file a financial statement by companies. Also XBRL is one method of reporting or presentation. It will not attempt to make changes in content to be reported. Give us a call and let us guide you through the entire XBRL procedure with ease. We need some proper documents for that such as:
- Profit and loss statement
- Balance sheet
- Cash flow statement
- Notes to Accounts
- Schedules associated with Profit and Loss Statement, and Balance Sheet
- Statement as to Section 212 of Companies Act 1956 as relating to subsidiaries
- Notes to Accounts
- Annual and Audit Report
We are here to cover all the steps involved in XBRL to file up the statements. Right from mapping to tagging, reviewing, verifying and validating XBRL instance documents to proper scrutiny using tools, we have everything covered for you.
Compliances under Foreign Exchange Management Act:
FEMA is mainly going to act like catalyst for development and growth of multiple sectors in India. The primary aim in here is to facilitate external trade and even balance payments. It further helps in promoting orderly development and maintains foreign exchange market on Indian ground.
External Commercial Borrowings:
ECB is widely used for assisting access to foreign money by the PSUs and Indian corporations. The ECBs will include buyers’ credit, suppliers’ credit, commercial bank loans and securitized instruments. We, at SPD Consulting Pvt Ltd. will engage in rendering services of such External Commercial Borrowings. Most of the companies and individuals have made full use of our service for boosting business venture. We have classified our services under:
- ECB Advisory Service, where you can ask us anything related to ECB, and
- ECB Sourcing Services, where we will help in arranging you with ECB once you have proven your qualification under our predefined criteria like Promoters Track Records, Good financial statements and more. We are here to arrange the finest deals for covering ECB requirements of corporate in terms of commercial terms and interest rates.
Foreign Direct Investments:
Explore the wide gamut of Foreign Direct Investments with us. We will work as a reference platform for matching investors with some of the investment opportunities in country. Our role here is of FDI agent to help connect opportunities to foreign investors. We will be your prime contact point and will work harder to offer easy connectivity with investors.
We are here to transform face of FDI facilitation services by simplifying the current business status and offer credibility. Our highly experienced team is here to handle your investors and clients through interactive platform to enable engaging parties to connect well.
Overseas Direct Investments:
It is true that overseas investment is one major step to enter global marketplace. India is all set to take those necessary steps to make its presence felt. Join us now and let us guide you through the stages well. Whether you are associated with the IT department, infrastructure or even pharmaceutical areas, we are here to guide you through the overseas direct investment steps, from the beginning till the end.
Securities and Exchange Board of India:
Known as the leading regulator securities market in India, Securities and Exchange Board of India comprises of investigative, regulatory and enforcement powers, with the ability to impose hard core fines on violators. SEBI has its main power categorized under Quasi-Judicial, Quasi-Executive and Quasi-Legislative. Let us guide you through the steps well and help you understand the notion. We are here to help you settle with the SEBI powers with ease, for your business growth.
FLA/FLAIR return filing:
FLA returns under FEMA is stated to be an annual return, which is required to be proficiently submitted by all India resident companies, SEBI registered Alternative Investment funds, Partnership firms, PPP, and more. Right from Due Date to Non-Compliance services, and even compounding for delaying in filing and Exemptions, you need to be aware of these four major points while filing for FLA or FLAIR. Let us be your guide for these services in here.
Drafting of agreements:
Drafting a business agreement is mandatory for those who want to enter into new contract with another party. There are multiple tips revolving around this matter and let us at SPD Consulting Pvt Ltd. guide you through that. We will help you in preparing an outline and be clear and concise of your points. Then we will help you to remain consistent, include the recitals and finally define the terms.
Contracts:
Corporations have power to enter right into contracts. They are here to make contracts through acts of officers, agents and employees. Whether any particular employee has power to bind corporation to contract is primarily determined by legal area under corporate law or agency law. Let us guide you through the ways to draft a contract well.
MOU:
We are here to help you draft a Memorandum of Understanding or MOU. It is targeted as a formal agreement between two parties, or even more than that. Corporate world uses it widely in those areas where parties will not want any legal commitment. It will also work on those situations where the parties fail to create legal enforceable agreements.
Shareholders & joint venture agreements:
We, at SPD Consulting Pvt Ltd. have shareholder agreement lawyer with main expertise and knowledge on ways to draft Shareholders & joint venture agreements with ease. We will further help to define and even protect the rights of every business or individual, who is looking to invest in any private limited firm. If you are willing to enter the field of corporate joint venture, you have come to the right spot.
Closure of Company:
There are various companies, which are well-registered under the Companies Act 1956/2013. However, due to multiple reasons they are not quite operative. A company is in need of multiple compliances like Auditor appointment, regular filing of the IT return, annual return filing and so much more. Failing to maintain any of these compliances might result in fines. For enabling inactive private limited firms to close or wind up quickly, the Ministry of Corporate Affairs came up with the “Fast Track Exit Mode.” It is one easy way to close some of the inactive firms at cheaper rates with fewer formalities. We will help you by guiding you through process for closure of your firm in an easy and quick manner.
In addition, you can join us for getting other positive information on winding off, struck off, liquidation and more. Once you have joined us, you will receive:
- Copy of the e-forms FTE or the e-form 24 as the case might get filed with the Registrar of Companies.
- You will also get another copy of the payment challans as part of the e-form FTE or the e-form 24.
- You will also receive proof from the registrar of companies that LLP or company has been well strike off from the chosen records.
Advices on corporate law matters:
Running a business in India is no joke and it calls for some advises on some of the corporate law matters. Firstly these laws deal with operations and formation of corporations and mostly related to contract and commercial law. We are here and specialize in multiple corporate law advisory notes and due diligence services. Some of those are as following:
- Incorporation of the public, private and section 8 company and with Limited liability partnerships
- Preparing and altering of MOA and AOA
- Keeping records of preparation of statutory or non-statutory records like statutory registers
- Issuing compliance certificate for listed, public and private firms
- Procuring DIN and DSC for professionals
- Working on various meetings like class meetings, general or annual board meetings, committee meetings and more
- Conversion of the private firm into public sector and vice versa
- Converting LLP into company and vice versa
- Increasing, consolidating, reducing and sub-division of share capital
- Passing resolutions by postal ballot and procedures for resignation, appointment, auditor removal
- Liaison with offices of RD, ROC, NCLT, MCA, SEBI and Stock Exchanges
- Legal Due Diligence
- Drafting various legal agreements, and more
Drafting of CSR Policy & Implementation:
The main purpose of the CSR policy is to provide some guidelines on the “company’s name” to make CSR as one major focus area to adhere to the company’s global interest in society. Firstly it focuses on making position contribution to society. Indian industrial section has been engaged in this social development activity for a long time. So, if you need help while drafting the CSR policy of your company, make sure to give us a call now!
Corporate & Labour laws:
India happens to place major importance to protection of workforce from multiple external factors and that is well-reflected in its comprehensive labour laws. The law is continuously reformed for suiting emerging needs of employees in the current contemporary world. There have been multiple developments taking place like increased maternity benefits, insurance coverage along with simplifying the current labour laws. If you want to learn more about Labour & Corporate laws before entering the Indian business market, we, at SPD Consulting Pvt Ltd. are here to guide you through the process well. Some of the major acts we deal with are as following:
- Payment of Wages Act, 1936
- Minimum Wages Act, 1948
- The Employees’ State Insurance Act, 1948
- Maternity Benefit Act, 1961
- Employees Provident Funds and Miscellaneous Provisions Act, 1952
- Sexual Harassment of Women at Workplace Act, 2013
- Payment of Gratuity Act, 1972, and more
Arbitration & Dispute Resolution Services:
Whenever any kind of commercial disputes take place, the leading dispute resolution services from our centre, at SPD Consulting can be relief on for resolving them economically and efficiently. We are here especially to present you with a wide range of administered procedures as alternative to litigation for resolving some of the international and domestic disputes. On the other hand, our globally accessible and neutral services are meant for everyone. Whether private sector enterprises or individuals, to even states and even state entities, we cover it for.
Secretarial Compliances:
The primary aim of Secretarial Compliances is to examine and then check the compliance of multiple laws, presented under Companies Act, 2013 alongside some other economic and corporate laws as application to company. So, it is an objective and independent assurance to add value and even improve the operations of an organization. Get to us to help you with the secretarial compliances in here. We will create the secretarial compliance report on behalf of the companies.
Secretarial support services for on-going compliances under Companies Act, 1956:
With ever-changing laws and on-going compliances under Companies Act, 1956, there is always the need of professional assistance to comply with all the legal requirements. At SPD Consulting Pvt Ltd. we are always striving constantly to just cater to the requirements of our business partners or clients, obviously to comply with complex Corporate Secretarial Compliance requirements in easy manner possible. Our assistance will include:
- Company formations – Branch Office/ Liaison office/ Project Office, wholly Owned Subsidiaries, registration of company with RBI as NBFC, Dealers, Assets Reconstruction Companies, etc
- Company Law Compliance – forming Corporate Social Responsibility Committee, forming Vigil Mechanism, structuring and functions of multiple companies as under Companies Act 2013, and more
- Others – Advising on matters associated with SEBI Regulations, Companies ACT, procuring FIPB/RBI permissions, creating reports for banks, filing petition and applications with multiple regulatory authorities, filing and developing of XBRL and Corporate Restructuring packages
So, next time you are looking for the best corporate law, Secretarial and FEMA services, make sure to catch up with our team at SPD Consulting Pvt Ltd. The more you get to research the better points will come your way.