SPD Consulting Makes Business Easy For You With Extensive Services
For all kinds of business-centric approaches in India, SPD Consulting is the name to consider. We have a team of experienced professionals, working on your behalf, just to make this business-reach easier for you with extensive services. Just get in touch with our proficient team and things will fall right into its places. We have divided our services under multiple heads, just to help you with navigation. So, without wasting time, let’s just jump right into details, shall we?
1. Evaluation:
It starts with business evaluation, which is a procedure and set of rules to estimate economic value of owner’s interest in business. The financial market participants will deal with the evaluation result for determining the price they are planning to pay for it or receive to add a sale of business. Other than estimating the current price of business, the evaluation tools are used by business appraisers for resolving disputes related to gift and estate taxation, and more.
We believe that business valuation is one subjective, complex and hotly debated issue. Working on evaluation assignment will always need in-depth understand of external and internal factors, which will affect business, along with thorough knowledge of regulatory and legal environment where the business seems to be operating. For getting your evaluation report accepted, you need to analyse non-financial, financial and other data. It actually requires dedicated, highly motivated and experienced professionals from us.
Our offerings:
- Thanks to our well-trained team, you will receive ESOP accounting under Black Scholes and Intrinsic value and ESOP for taxation.
- Furthermore, we have acquisition help under Cross Border and Domestic category. Get the finest merger and assessment of the Swap radio from our side, along with the best fairness option.
- We offer valuation for restructuring and spinoff and separate ideas on investment, share purchase and fund raising.
- Get to use for asset impairment and good will testing under IFRS, Indian GAAP and US GAAP. Join our team for forensic valuation which will include legal processes and court cases.
- Join us for valuation for the family settlements, intellectual property valuation, brand valuation and asset valuation for the purchase based price allocation under IFRS or US GAAP.
- Thanks to our well-trained team, now receive thoughtful offerings under carried interest valuation and derivative valuation under the field of IFRS.
The reports we offer can be used for submitting to SEBI, RBI, Stock Exchange, Companies Act, Income tax authorities and court cases.
2. Help Establish Business Into India Effortlessly:
It is a known fact that people come to join us at SPD Consulting Pvt Ltd to help establish their business into India rather effortlessly. We are ready to present you with start-up based consulting services, to help you deal with consulting and end to end based advisory for preparing the business enter the world of Indian business.
End-to-end based advisory services:
In this present incumbent business-centric stage, clients might have to face multiple challenges and will need higher level of organizational and administrative skills. The experts are known to be very flexible for adapting and coping up with needs of clients just to help them concentrate and spend extra time to increase productivity level. To perform some critical business functions, you need help and let us help you with that by taking care of end to end advisory practices on your behalf. We provide our clients with multiple services, including:
- Live chat support and inbound call support
- Email based marketing management and e-commerce support service
- Creation of presentation and even working on prospect data base
- Working hard to manage multiple clients at the same time
Start-up based consulting services:
Start-ups are in need of outside experts to cover the job on their behalf and we are so proud to be that helping hand of yours. We will offer the ultimate training you need to get the business stand out in the crowd. We have segmented our start-up consulting services under multiple heads, just to help you find the right one you need.
- For a long time now, businesses have stopped hiring for lifetime commitments as markets keep on changing pretty rapidly. It is mandatory for the firms to tune workforce for changing the present economic conditions. So, we will help you to move from those traditional consulting services to freelance execution role as executive or interim professional.
- We will adopt the best project centric business model for our clients. Agreements are made depending on the completed projects and not on hourly basis. So, the focus remains more towards the quantifiable business outputs versus the time spent. So, the marketing project will be the leads generated or the ad impressions and not recommendations for improving the working procedure.
- We are all set to work at multiple organizational levels. Leadership works at all levels of company and it is not quite limited to realm of the top BOD or executive, ready to bring in some consultants for analysis and studies. We can just justify the costs based on direct ROI calculations under all operational levels.
- We will be treating all the start-ups as customers and not client. A client shows that we are in charge where else; moving as a customer designation recognizes a modernized model of the customer, being in total control. Our way of work helps in highlighting all aspects of satisfaction, customer service, referrals and loyalty to peers.
Our team is quite responsive to all kinds of customer communication. We know that most consultants are pretty hard to connect between the scheduled meetings because of formalized communication procedures. So, the time has come for us to adopt customer’s most favourite communication mode, which can be through phone calls, texting and social media, without limiting the time to office hours only.
3. Business License & Registration:
To start a proper business in India, there are some registrations and business licenses that you need to bother. Some of those are licenses, registration, company formation, statutory approvals, LLP formations and some of the other registrations from multiple authorities. Some of the other registrations like Shop & Establishments Act, IEC NBFC, Labour Law, Copyrights, Trademarks and Patents are also important to consider right now.
The procedure of procuring license will change from one business type to another, depending on various factors including sector, employees, business type and its place, to name a few. Check out some of the most commonly procured registrations or licenses that your business needs right now. For determining the exact requirement, noted for your business, don’t forget to contact us.
GST registration:
All kinds of individuals and entities with an annual turnover of more than 20 lakhs rupees in most of the states and with 10 lakhs rupees in Special Category States will have to procure GST registration. On the other hand, any person supplying goods in the intra-state supply must have this registration form as well, no matter whatever the turnover might be. Other than that, there are multiple other criteria placed under GST Act as of now. It is vital for the entrepreneurs to understand the points first and then procure GST registration within 30 days of first business day.
Udyog Aadhar Registration:
This registration is mainly available for those willing to start and operate smaller business under MSME version, or micro, small and medium enterprises. The eligibility criteria for this registration are solely based on the investment made in machinery and plant by the manufacturing unit. It further depends on the equipment investment as made by service provider. After procuring the registration for your business, you get to enjoy multiple schemes and subsidies from Indian government, for helping out smaller businesses in this country.
Import Export Code:
Anyone involving in the field of import or export of goods or services from India must have this Import Export Code, procured rom DGFT Department. For procuring this code, it is vital for the businesses to have current account in bank and a PAN card.
Shop and Establishment Act License:
Created for the sale of regulating business conducts like child labour, working hours, safety and general health of employees and wages payment, The Shop and Establishments Act is really important for those willing to start a business in India. Only the state governments have the right to issue this registration and the norms are subject to vary from one state to another. So, depending on the state where you plan to chalk out your business plan, the state government authority must approach you for that Shop and Establishments Act license.
LLP or Company registration:
Most Indian businesses will start their journey as partnership firms or proprietorships and they don’t need any form of registration from Central Government. As per the Ministry of Corporate Affairs, it is time to regulate the company registration and LLP. For that, the entrepreneurs with plans to operate a business with annual turnover of over 20 lakhs rupees are asked to procure a Company Registration or LLP. When the company gets registered, then the firm will have a separate legalized identity and promoters to enjoy limited form of liability protection. Moreover, the business become transferable and entity will have perpetual existence. So, before starting a business, it is always better to consult us first.
Gumastha License:
In case, you are making plans to state a business in Maharashtra, it is vital that you specifically have the Gumastha License. There are few documents you need for procuring this license like address proof or no-objection certificate from landlord, PAN card, Business authority letter, application letter in prescribed format from Municipal corporation, and government prescribed fees for any partnership firm. Furthermore, for procuring this certification, you need Article of association, memorandum, address proof and director’s ID and the company’s Certificate Of incorporation.
FSSAI Registration or License:
Also known as “Food safety and standard authority of India,” FSSAI is always held responsible for verifying the standard and safety of the food products in this entire nation. Restaurants, retail stores, kiosks, modern trade outlets and the consumers have to check for this five letter word on their containers or food packets, before making a purchase. Under FSSAI, the registration is summed under three categories including FSSAI State License, FSSAI Central License and FSSAI State Registration.
Some other registrations and licenses to follow:
Some business types might have to deal with financial services, insurance, broadcasting services and defence related practices. For that, it is mandatory for the businesses to get approval from regulatory bodies such as IRDAI, RBI and more. On the other hand, a business might have to procure permits from pollution control board or fire department or even the local healthcare systems sometimes. Everything depends on the business type you are planning to get along with. So, before starting this business, be sure to discuss the norms with us. We will help you understand and determine the regulatory and legal requirements to consider.
Approvals:
To set a successful business plan in India, you might need approvals from RBI. It is really important while setting up branch office, liaison offices and project offices in India.
Establishment of Branch Office/ Liaison Office/ Project Office in India by Foreign entities:
This form of Branch Office/ Liaison Office/ Project Office in India by the foreign entities will be regulated under Section 6(6), under the 1999 Foreign Exchange Management Act. These regulations will keep on getting amended from one time to another, by adding up those changes in the framework and published right through the amendment notifications.
As per the regulations, RBI also has the right to issue directions of the authorized owner under the FEMA 1999 Act section 11. These directions will talk about the modalities on how the foreign exchange firm needs to work by the authorized person with customers and with a view to implement the framed out regulations.
The Master Direction will consolidate the current instructions on establishments of Branch Office/ Liaison Office/ Project Office in India under one place. You can find more about the reporting instructions in Master Direction on reporting. Whenever the need arises, RBI might issue some directions to that authorized owner through A.P Circulars regarding changes in regulations or manner in which the transactions must be conducted with constituents or customers.
Attention of the AD banks is now invited under the Foreign Exchange Management Regulations 2016 by RBI via notification number FEMA 22(R)/RB-2016. As per the regulations, applications as procured from non-profit firm, non-government organizations and Body/Agency/Department of a foreign government for opening of any office are likely to be forwarded to RBI for prior approval.
It must be presented under the Indian Government’s consultation only. Since then, this point has been reviewed and further notified through Notification No FEMA 22(R)(1). Here, it has been stated that if the entity is wholly or partly engaged in any activities under FCRA 2010 Act, it must have a registration from that Act and must not get permission under FEMA 22(R).