New Company Registration

Consultants for GST Registration in India A GST Registration Consultant is a person who provides professional services to assist companies and individuals with their business transformation under the new tax rules. These services include helping companies understand the new law, preparing business plans to accommodate the changes and engaging in constructive dialogue with authorities. The Goods and Service Tax (GST) in India is a new indirect tax that replaces many existing taxes, such as Value Added Tax (VAT), Excise Duty, and Service Tax. It covers goods and services throughout the country. The GST registration process in India is an online portal supported by the government. It is a step-by-step procedure and can be carried out by anyone who has an Internet connection. However, it is recommended to seek the guidance of a consultant for better outcomes. Under the new tax regime, all manufacturers and suppliers of goods and services are required to regis...

Benefits of One Person Company in India One Person Company has become a popular choice for small entrepreneurs as it provides them all the benefits of a private limited company without having to pay higher compliance fees. As a result, a large number of companies have started incorporating as One Person Company in India and have been enjoying various benefits such as access to credit, bank loans, legal protection, etc. A One Person Company is a private company that has only one member or shareholder. It is a business entity that has been incorporated under the Companies Act 2013. As per the Company's Act 2013, a person or company can incorporate a One Person Company if he is an Indian citizen and resident in India. The main advantage of a One Person Company is that it offers a legal identity , which can be beneficial for any business. This gives a sense of credibility and social recognition to the company, which in turn helps the business to build trust am...

GST Annual Return Filing Services in India A number of statutory compliances are required to be followed by businesses and individuals. These include filing Annual Returns, Financial Statements and other forms as per the governing rules. Any non-compliance results in penalties and fines that must be paid. The Goods And Services Tax (GST) Act, 2017 prescribes the format of annual returns to be filed by regular taxpayers. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST, SGST and IGST. Taxpayers are required to file the annual return on or before the last date as prescribed in the law. If it is filed late, a penalty of Rs 200 per day may be levied for each day the tax is not submitted by a business. Taxpayers are required to reconcile data in the GST - Filing for Dupont and its subsidiaries with their books of accounts. This is of utmost importance as any discrepancy between the figures in the...