Other Services
Incorporation
Starting a new business in US involves a lot of complications, e.g. you have to choose the state where you want the entity to be incorporated, then you also have to choose the type of entity it should be whether it would be Sole-Proprietorship or Partnership or a Corporate. Our comprehensive packages let you start your business in a seam less fashion. We help our clients in making the right choice.
Procedure to incorporate a company in India can be long and tedious; we want you to concentrate on your business, while we take care of your legal formalities involved in setting up a company. Our experts will help you getting this done without you spending time waiting/standing in a long queue outside the Registrar of Companies office.
Applying For FEIN/TAN
Federal Employer Identification Number is a seven digit number allotted to a firm. This EIN will identify you, your business accounts, tax returns and documents, even if you have no employees.
TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. It is compulsory to quote TAN in TDS/TCS return (including any e-TDS/TCS return), any TDS/TCS payment challan and TDS/TCS certificates. All those persons who are required to deduct tax at source or collect tax at source on behalf of Income Tax Department are required to apply for and obtain TAN. You will need this number for the company you have incorporated; we will assist you in getting this done.
Opening A Corporate Bank Account
Opening a bank account in an Indian bank account can be a long process and be more painful when you are starting a new company and you are busy doing too many things. We help our clients in completing the documents and can also handle the paper work and ensure your company has a bank account with all the facilities like Internet and Phone banking.
Amendments
Anytime a change needs to be made to a corporation or LLC, the state usually requires the filing of an Article of Amendment. Did the business change addresses? Did a member or director leave? We can help you make that change to your LLC, so that you can continue doing your business.
We help our clients in legally complying with all the relevant rules and regulations and assist to ensure that the company is at all times complying with all the existing laws and procedures. We assist your corporation in getting all the licences needed to start and run the company legally in India and also ensure that you are fully compliant with all the provisions of law. At any time of you need to make an amendment e.g. adding a director or changing the objects clause of your AOA and MOA let us know and we will take care of the rest.
Applying For Licenses
Starting a new business in India requires you to obtain licenses from a host of authorities and it can be a process which would take away a lot of your valuable. We will thru our affiliates be able to get this done for you and also ensure that you concentrate on only one that is your client. We will take care of all the licensing requirements depending on your business.
Accounting Services
We offer a full range of accounting and bookkeeping services. Accounting and bookkeeping needs are different for sole proprietorship, small businesses, mid-sized businesses or large conglomerates. Our clients are able to save 40% to 60% on their total cost.
Management accounting
Forecasting
Budgeting
Daily Online Access And Timely Reporting Via The Internet
Payroll Reconciliation
Checking Account Reconciliation
Accounts Receivable/Payable Reconciliations
Data Entry / Comparison of data from hard copy to soft copy and visa versa
Capital Planning And Investment Management
Preparation Of Management Accounts And Statutory Accounts.
Separate Currency And Investment Gain/Loss Accounting
Partnership Accounting
Cost Projection
Cost projections will help both the assignee as well as the employer. This will ensure that employer chooses the right person for the job. It will help reduce both the assignment as well the tax costs. As a tool it helps in structuring the assignment and evaluating the overall costs associated with the assignment. It also helps in identifying planning opportunity for most cost-effective structure. Basic advantages of a Cost Projection are the following:-
Planning and budgeting purposes to determine the estimated cost of an international assignment.
Decision-making purposes; or to run “What if” scenario’s (e.g. assignee selection or assignee location).
Assignment approval process-many clients require cost estimates prior to approval of the assignment.
Write to us at sales[at]ustaxally.com to know more.