Benefits of company registration

What is a company?

A company is an intangible and invisible entity. It is created by law to perform business activities. It has a distinct legal personality and perpetual succession. A company is not affected by death, insolvency or insanity of an individual.

To have a legal identity, it is important to register your company. There are myriad of benefits of company registration in India, let us throw some light on a few of them! 

1. Company registration in India gives your company a legal identity

As far as law is concerned, the company is separate from its owners or partners. Hence, the company enjoys its own rights and handles its liabilities on its own. The company has its own personality and handles its legal obligations on its own. This ensures that the owners do not owe any liability to the creditors. If you want a hassle free company registration, you can contact a CA in Janakpuri.

2. Limited liability of the company

This is another important benefit that you avail by getting your company registered. The liability of partners or owners of the company, in a LLP, cannot exceed the amount of shares they own. Yet, there is an exception to the case. In case the owners have agreed to unlimited liability as per contract, they can be deemed liable. To understand these legal boundations, get in touch with a ca firm in Janakpuri and get reliable advice.

3. A registered company enjoys perpetual succession

Once you register your company, it enjoys perpetual succession. This implies the company does not cease to exist unless you dissolve it by law. Irrespective of changes in the organisation, the company stays. As mentioned before, the company is not affected by human factors. Members may come and go, but the company continues.

4. Easy transfer of ownership

When registration is done in the name of owner, the documents cannot be transferred. In a registered company, the owners are only shareholders. This makes it possible and easy to transfer ownership rights to someone else.

5. Company registration makes it easy to arrange funding

There are better prospects of fund borrowing in case of company registration. Besides loans, the company can issue debentures and receive deposits from public. There are many banks also, which prefer to give loans to registered companies.

Conclusion

Since company registration in India has so many benefits, it is a good idea to talk to a legal expert soon. After all you will enjoy various benefits and at the same time will be able to secure your finances.

Call to action:

Want to consult a company registration expert? www.manishanilgupta.com is an expert in a wide range of services.

They specialise in all matters related to company registration. Our professionals are known for offering unbiased advice. We guide you regarding fee, documents and the procedures to follow to ensure the process is quick.

Source:https://www.prlog.org/12781844-benefits-of-company-registration.html

Let these services not bother you anymore

Handling a business means you have to multi-task, whether your business is small or large. As an entrepreneur, there is a lot on your platter all the time. Whether you are into a selling business or a service provider, you may be able to handle a lot of tasks on your own. At the same time, there might be some tasks that you find boring or you may not have the expertise to do so. 

Financial and legal matters are one such segment. Even if you are good at finances, doing it yourself for the business can cost you a lot of time. This time can otherwise be used in core functioning of your business. That is where a ca firm in Janakpuri can come to your aid. Your CA can handle some cumbersome tasks so that your energies remain focused on core business tasks. 

Here are four indispensable tasks of your business that you can outsource to a ca in Janakpuri:

1. The important aspects of financial segment – Auditing

The mere mention of the word audits can give goose bumps to a lot many businessmen. We all dislike these audits, but a CA can perform it with utter ease. Since every limited liability company needs auditing done, it important to hire a CA. These audits are not only important, but also help investors make funding decisions.

A top ca in West Delhi can do so with ease. A CA will verify financial records, recording procedures and test safety measures used. It is important to remember an auditor must be competent and independent of your business. At the end of examination, he will publish an independent opinion and give a fair picture of your company. The report by the auditor gives a true image of the financial health of your organisation.

While audits are legal and important, they also help in improving reliability of company.

2. Get your taxes sorted by help of a CA firm in Janakpuri

We all know that a CA can prepare tax returns for business. But at the same time, they also ensure that the business is tax compliant with laws related to your industry. When required, a CA can also assist you in suggesting alternative ways to save taxes. When you hire a CA in Janakpuri, make sure he is up to date with changes in tax rules and structures.

3. Indispensable services of a small business

Most CA in Janakpuri provide bookkeeping services for small businesses. Besides setting up your book keeping system, they also help you in organizing records. They help with preparation of budgets, future forecasts as well as fund allocations.

A CA can help you have a better financial health, making it easier to procure a business loan if required.

4. CA can also offer management advisory services

A fact that you may not be aware of, but a CA firm in Janakpuri can also assist you in management advisories. Some example of such services are costings and financial decisions like equity funds.

Many CA also help in important business decisions like expansion of business and help in overall growth of the company.

So, hiring a CA firm in Janakpuri for mere accounting services is a things of the past. He can set you free of cumbersome business tasks that use a lot of time and energy. Outsourcing all this to a CA means you can have experts on board so that you stop worrying and focus your energy on business functions.

If you need a reputed CA in West Delhi, www.manishanilgupta.com can offer you a wide range of financial services.

Source: https://www.prlog.org/12781540-let-these-services-not-bother-you-anymore.html

Company registration mistakes you should avoid

Registration of a new company is quite a task, and, if you are a start up, then the process can get trickier. Every year many start-ups apply for Trademark Registration in Delhi but few are able to get it done. Reason why many fails to get them register is they all are doing it in wrong way and end up paying a huge price. 

Well, don't stress you can register your company without facing any difficulty. We are here to guide how you can avoid common mistakes that a lot of start-ups make during Roc filling in India. 

Pick the right legal structure

When you register your company, you have the choice to pick one of the following entities:

Limited Liability Partnership (LLP)

Limited Company (PLC)

One Person Company (OPC)

Sole Proprietorship

Partnership

It is important to understand that every kind of entity comes with its own rules and directives. Well, these are being regulated by specific set of legal restrictions to follow. Before going for registration, it is important for you to consult an expert. There are professionals in ROC filling in India available who can guide you to understand what fits your bill.

Safeguard intellectual property with experts in trademark registration in Delhi

As you go ahead in your business, your brand and idea will be visible to more and more people. So, it is common to see someone else stealing the idea or a concept and promote and sell it as their own.

Hence, it is important to protect your idea and for that you have get Trademark registration done. You should consider it like an investment and get it done for every intangible asset of business.

So, getting trademark registration keeps you safe and provides competitive edge. You can get trademark for logos, domain name & Labels, etc, and become trend setter in the market.

Being unaware about taxes and laws

There are so many taxes and laws in this current scenario. When your business start spreading its wings then you will have to face all the consequences in your way. Well, if you want to deal with them then you must get in touch with a professional chartered accountant. Give these things in their hands and you focus on your business.

Are you thinking to get your business registered in a legal way? Well do not think twice, hire professionals for Trademark registration in Delhi.www.manishanilgupta.com is one such trustworthy organisation who can guide you. So, make a call to them and discuss your concerns with them.

Source:https://www.prlog.org/12780986-company-registration-mistakes-you-should-avoid.html

Why a good CA firm is an asset to your business?

There are many entrepreneurs whose business fail within first two years. One of the common cause of these failures is bad financial decision. yet, many business owners still don’t realise the important of hiring accountants. Most of the ones who hire an accountant, consider it to be an unwanted expense rather than an investment since they fail to realise the knowledge and experience that a professional accounting service in West Delhi can bring to your business.

There are many accountants and CA in Janakpuri that do much more than tax filing. While it may feel a bit daunting to allow an outsider to access your intimate information, but bringing an accountant on board can help you to achieve your goals and offer you long term benefits. Hence, an accountant must be considered an asset to your company instead of an expense. 

Still not convinced? Here are some more reasons that will convince you! 

1. Get all your deductions

Taxes are a complicated matter for any business. While most businesses spend months thinking about how they can benefit from their deductions, they may still be rendered clueless with all the complexities involved.

This is where an accountant can support you by identifying deductions possible all-round the year and suggest you with strategic decisions. This becomes all the more important when you have NRI taxation to take care of. Thankfully, you can now hire accountants for NRI return filing in India to help you stay sorted.

2. Accounting services in West Delhi can help you in avoiding an audit

One very important reason to hire an accountant is to avoid audits. Many businesses think these issues can be fixed once they occur, hiring an accountant can help you avoid them in the first place.

3. They help you save time

Many business owners don’t hire an accountant due to a tight budget. But if you consider the amount of money, time and effort you will save by using the services of a ca firm in Janakpuri, the benefits are sure to outweigh the costs.

4. Make decisions in real-time

Most business owners want to calculate possible consequences and implications of making financial decisions like investing in a new office or hiring more employees. Accounting firms in West Delhi can also act as your financial advisor to help you in maintaining cash flow and making sound financial decisions.

It is true that life as a business owner can be isolated, especially if you have unending receipts and invoices to take care of at the end of every month or year. But, it does not have to be like that and things can change by the help of reputed accounting services in West Delhi. bringing on board an accountant as your financial partner can set you up for saving your sanity and last success of your business.

If you are on the lookout for an accounting firm or a financial advisor for your business, www.manishanilgupta.com may fit the bill for you. The team of experts offers tailor made solutions to your particular needs and are thorough professionals in their trade.

Source:http://prsync.com/manishanil-gupta/why-a-good-ca-firm-is-an-asset-to-your-business-3088079/

Why you should hire a CA even if you don’t own a large business?

You may not find filing your own taxes difficult and you may be able to manage a small business on your own. But, there are still some situations wherein you may highly benefit from hiring a certified CA in Janakpuri. The money that you spend in hiring a CA must be considered as an investment rather than an added expense. Here are some common situations where you may benefit from hiring a CA or an audit firm in Delhi. 

1. You have complex taxes 

You may feel reluctant to hire a CA and hand over the task of handing taxes. But in all honesty, taxes can be complex and if you are a self-employed professional, get income from multiple streams or are receiving investment income, a top CA in West Delhi may come handy. A CAcan help you in navigating the taxes properly so that you don’t pay anything more than you owe.

2. You are planning to start a business

If you are planning to start a business any time soon, chances are you may want to do everything on your own to save as much money as possible. But, it is important that you don’t cut out the budget for CA. A certified CA will ensure that all the financial and legal preparations are done properly before the launch of the business.

3. You need help with budgeting

If you are in debt and need to improve your credit score, a CA in Janakpuri can come to your rescue. While you may not feel like spending a penny extra to hire a CA, a professional can largely help you set foot in the right direction. A CAcannot just gives you budgeting advice but will also help you in setting up a plan so that you become debt free asap. 

4. You have received a large inheritance

Not everyone is lucky enough to receive a large inheritance. But, if you have been lucky, it may not be as simple a transaction as you may think. Without a required guidance, you may have to pay an exorbitant amount of tax and the same can even lead to an increased tax rate in future. A CAcan guide you how to reduce the taxes that you need to pay in future. The cost of CA when hired for inheritance may vary based on complexity of your case.

5. You want to give a huge some of monetary gift

Not just receiving, but even giving a large inheritance may come with financial implications. A CAcan help by advising different ways of giving the gift like making a charitable donation, using retirement funds in order to minimise the gift tax you will have to pay.

Now that you know the benefits of hiring a certified CA in Janakpuri, will you hire one for yourself? How much are you willing to pay? Do let us know your thoughts in the comment section below!

If you are looking for a CA for personal taxes, look nowhere. www.manishanilgupta.com are subject matter experts in handling personal taxes and company registrations. The team of experts is known for its tailor made solutions for every client.

Source:https://www.prlog.org/12778735-why-you-should-hire-ca-even-if-you-dont-own-large-business.html

Income tax returns: who should file them?

Filing income tax returns is mandatory for anyone earning a certain amount of income. So, if you ask who should file an ITR, the answer would be anyone and everyone who is earning an income from their job or business.

  

Sub-headings

When to file an income tax return:

In order to avoid penalties, income tax returns must be filed within the pre-defined due date. The date for filing an ITR for individuals is 31st July every financial year. The same for businesses is 30th September.

 

While some people feel filling an ITR is a tedious job, it can be done by experts in ITR filling in Janakpuri.

Advantages of income tax return filing in Delhi or anywhere in India

Filling an ITR comes with a myriad of advantages:

1. Filling an ITR makes you a responsible citizen of your country.

2. If you are planning to procure a home loan in future, this can boost your credibility.

3. Many credit card companies ask for ITR proofs before they issue you a credit card.

4. Since the income you earn is recorded by tax department, it makes it easier for people to re-enter into future transactions with minimum complications.

5. In case if you need to claim an adjustment against past losses, it is compulsory to file a return. It is also useful for someone who needs to file for a revised return of income.

Why should you file in income tax return?

Even if your income does not qualify for tax deduction or mandatory return filling, it is still a good idea to file a return due to various reasons. For example, these returns can serve as an income proof if you wish to apply for a loan as a co-borrower. IT returns are also helpful if you plan to travel overseas as you may need to show these at the time of visa application.

Who should file an income tax return?

1. Anyone with a gross income over and above the exemption limit for the year must file for an income tax return. At present, the limit is 2.5 lakh for individuals below 60 years of age, 3 lakhs for those who are 60 to 80 years in age, and 5 lakhs for people above the age of 80 years.

2.NRIs are also required to file ITR, unless they are covered in 115ac having taxable income. You can check further details from providers of NRI return filing in India.

3.Individuals who have suffered a capital loss or loss in business.

4.Any resident of India who has a signing authority in an account internationally.

5. Any individuals having a taxable income before making deductions.

6.Any person claiming relief under section 90 or 90A or deductions under section 91.

7. Any individual who does not have a taxable income but deposited TDS must file for an income tax return.

Income tax return filing in Delhi can now be done online, which makes the process quick, easy and hassle free. There are different forms pertaining to different criteria. If you still don’t know where to begin, you can always take help of specialists in ITR filing in Janakpuri. 

Call to action:

If you are looking for someone to help you file an ITR or merely guide you through the process, www.manishanilgupta.com are the right people to get in touch with. The team of financial experts will not just help you file an ITR but also guide you through various financial decisions which will benefit you and your financial health.

Source:https://www.prlog.org/12778103-income-tax-returns-who-should-file-them.htmlhttps://www.prlog.org/12778103-income-tax-returns-who-should-file-them.html

How to choose the right CA for your business?

Essential aspects to be considered by a business to pick the right ca firm in Janakpuri.

So, you are planning to hire an accountant for your company. Needless to say, you must be aware that a CA firm in Janakpuri does a lot more than just counting numbers, filing taxes and handling payroll of your company.

A CA can also help you in charting out an effective financial strategy for coming years while at the same time maximising your odds of success in near future. Yes, a top ca in West Delhi can do all this and lot more.

Here are some tips to find a ca in Janakpuri:

1.Know what you want from your ca firm in Janakpuri

It is important that you first decide what you exactly need from your accountant and whether hiring an internal or external accountant will be beneficial for you. While some businesses prefer to hire in house accountants, they realise a single person is incapable of handling large transactions once the business grows. Some small businesses hire a CA on consulting basis which costs less than a full time accountant.

Another crucial aspect is to understand what you need an accountant for. Not every accountant specialises in same niche. So, check and analyse whether you need someone for book keeping purposes or taxation or to help you with legal aspects. If you hire a top ca in West Delhi, you will be surprised with the number of services you can avail.

2.Decide if location is an issue

In this highly connected world, it is not important that your accountant be in the same locality, city, or even same country as you. With such high number of cloud accounting software that help in managing business, you can now hire a ca in Janakpuri irrespective of where you operate from. You and your accountant can stay connected as long as you have a good internet connection and share the information you need.

3.Look around

Once you know what you want and where you want, you can now begin searching for your CA. But where exactly can you find one? Well, a good idea to start with is asking for referrals from friends, relatives and business associates. Check what they like or dislike about a certain firm and what does the firm do differently?You can also take help of search engines and find some reliable leads to interview with.

4. Prepare for interviewing

Once you are done selecting a couple of firms, you can prepare for meeting with them in person or over a skype call. You are not just looking for an accountant, but a business partner who will affect the success or failure of your business, hence, it is vital that you get this step right. It is important that the firm you hire is trustworthy and reliable. Go ahead, and ask as many questions as you want.

Check the responses to your queries, and see if you can trust them with such intimate details of your company. If you think the answer is yes, go ahead or else move on in your search for right CA. It is better to take time and find the right person rather than making a hasty decision. The right ca firm in Janakpuri will not discourage you for asking questions and that is a good clue to go with.

If you are also on the lookout for CA services for your business, you can get in touch with www.manishanilgupta.com and get reliable financial and legal services for your firm. We have a team of experts for every department and hence, you can ensure that your business is in trusted and right hands.

Source:https://www.prlog.org/12777533-how-to-choose-the-right-ca-for-your-business.html