Business consultation for your company
Methodical Compliance leads to Good Corporate Governance.
Book Appointment
Ave offers functional contact forms that are fully customizable.
The company is recognised as a separate legal entity, once all the legal formalities required for incorporation are completed and the certificate of incorporation is issued to the company, distinct from its members.
There are various matters to be undertaken post the incorporation, whether the company is a private or a public company, like in the first Board meeting immediately post incorporation, compliance which are to be done on regular and periodical basis.
The directors of the company are responsible to ensure the legal compliances and several instances wherein the company has to intimate the concerned Registrar of Companies, on a timely basis, in the prescribed manner.
All Companys and LLPs enjoy a separate identity which requires maintaining its active status through the regular filing with MCA. Companies Acts mandates filing of annual return and audited financial statements with MCA for every financial year. GST Annual Returns, Filing of Income Tax Returns, Filing of Tax Audit Report and many more compliances periodically are required under various statutes.
Start-ups engulf themselves in business development and miss out the number of compliances. Swio can help avoid heavy penalties and provide professional timely guidance.
India being a federal tax structure, having taxes levied by the Central Government, the State Governments, and the local regulatory. The taxes are broadly Direct Tax including income tax, dividend distribution tax, minimum alternate tax (MAT) and Indirect Tax which includes Excise Duty, Customs Duty and the popularly known as GST. Other taxes collected such as levies on transaction including stamp duty, securities transaction tax, and commodity transaction tax.
All the Indian companies are subjected to payment of tax and stamp duty on the income generated during the ordinary course business in any financial year. Consequences of non-payment or inadequate and/or delayed payment of tax and stamp duty include moderate to heavy penalties, in some cases, impounding of the documents by the authority and even prosecution.
These various compliances are to be made by the owners of the business which diverts their valuable resources like time and energy from its application in the business to make profits, such compliance can be outsourced to the professionals at Swio who take up the laborious tasks with minimal costs allowing you to invest more time in the business to achieve more returns and to be carefree of the legislation and the statutory requirements.
Manufacturing / Production business have to comply with a comprehensive list of statutes which govern the establishment, factories, business, employees and the terms of employment including working time and conditions of employment, minimum wages, rights and obligations of the employer, employee and trade unions, insurance (ESI), bonus, gratuity, maternity benefits, employment retrenchment, provident funds(PF), and other issues concerning the employees.
Swio is a market leader for services relating to company registration in India. Swio can help you register a private limited company, one-person company, Section 8 company, producer company or an Indian subsidiary for a foreign parent company, all the above within 2 - 4 working days on an average, subject to government processing time and document submission by the client.
India is a country with a written constitution which guarantees various rights. Indian courts provide adequate safeguards for the enforcement of rights. India falls in list of fastest growing economies in the world today. The global market players alongside the domestic market players and specially, the start-ups have been stirred with the government initiatives like "Make in India" campaign and other initiatives like “Skill India”, “Digital India”, etc., and have started to register company in India.
Legislations in India are ever changing with complex and di-jointed provisions, young organizations to setup their business are in need of a robust partner to streamline the body according to the regulations and compliance standards. Swio’s objective is to simplify the process and also to assure a quality output.
The compliance requirements under the New Companies Act, is not a comprehensive list. Few companies may require registration for GST, professional tax, Shops & Establishment and other registrations under various labour laws. The responsibility of compliance is not a one-time affair, but a continuous process indeed.
Frequently Asked Questions
Drop us a Mail
We are here to answer any question you may have
