N R K Reddy & Co.

Wilson Garden, Bangalore, Karnataka

Account is an important department for any organization. This is the department which is responsible for keeping accounts of capital invested or profit made by any company. Understanding this fact, we offer unbeatable Business Accounting Services to the clients. Our team of domain experts is experienced enough for giving Accounting Outsourcing Services in the most professional manner. Our services of Account are rendered keeping the exact requirement of the clients in the mind. Besides, when it comes to providing Financial Accounting Services in India, we are counted as the best.

The Business Service Tax is payable on all the taxable service rendered in India (except Jammu & Kashmir), whether to an Indian or foreign client. Service Tax Return is a mandatory step for any organization offering commercial services. We help in filing return of Professional Service Tax through our consultancy. With our Online Service Tax filing services you can quickly and efficiently file your tax. Service Tax Services provides following Tax Service to clients Registration Record to be maintained and invoice. Payment of service tax Classification of services Adjustment of excess service tax paid Credit of service tax paid Calculation Interest and penalty Notice and visit by departmental officer Assessment Revision and appeal Refund of tax.

Under the government regarding companies, Director Identification Number is mandatory and compulsory for becoming the director of a Company. Any person desirous of becoming Director of a private or public company has to apply for the allotment of Permanent Din Number to the Central Government of India as per the Form DIN-1. We have all kinds of support for making the allotment of DIN an easy affair for the clients. Thus avail our peerless Directors Identification Number Services and that also at a very nominal charge. Salient Features of DIN Every person or individual desirous of being appointed as the Director of a company ought to apply for the DIN, or should have the DIN obtained beforehand The application for the allotment of DIN, is to be duly supported with the proof of residence and identity proof of the applicant, duly attested photocopies of any of the following viz. PAN card, Driving License, Passport, Voter ID Card, Ration card, Electricity Bill and Bank Statement DIN is essential for the e-filing of Forms. PAN or other documents can never be used as an alternative to the DIN. DIN is mandatory for all directors who hold office of the director in any national, international, or multi-national company located in India Resignation from the post of Directors of one company, does not affect the validity of the DIN or its discretionary powers Foreign nationals holding the post of the director in any Indian company, is forced by the rules to possess DIN Only one DIN is needed to be appointed as a director of a company, on the basis of which an individual can hold an infinite number of the directorship in various companies. All the successive directorship of a director would be recorded in the database of the DIN Formalities to be complied with for the appointment of the first Directors At the time of appointing a director to a company, especially the first directors, the following formalities ought to be followed scrupulously- Check the availability of the DIN of the proposed director. In the case of absence of it, Form DIN-1 should be filled in up, and sent to the Central Government, for allotment of the DIN Observe the filing of e-form 32 in case of the first directors, along with the consent to act as the director of the specified company Information regarding the director's interests in other companies, firms or organizations, and also the names of his relatives for the purpose of section 297 and 299 of the Companies Act shall be obtained. A general notice of the interests under section 299 shall also be provided in Form 24AA prescribed under the Companies (Central Government's) General Rules & Forms, 1956. Particulars regarding the directors must be entered with respect to each director in the Register of Directors Particulars of the Directors' shareholding shall be entered in the Register of directors' shareholdings, [Section 307] Any other Agreement, which the company may propose to enter into with any individual, for appointment as its managing director or whole-time director or manager, will be filed with the registrar.

There is the provision of 100% tax exemption under U/S 10A of the Income tax Act, 1961 with respect to the profits earned by the 100% Export Oriented Units up to 31-03-2009, registered with the software technology parks of India (STPI). Thus STPI Registration has become necessary for the export house in present scenario. We are a professional STPI Registration Consultants offering unbeatable STPI Consultancy Services. You can apply for Online STPI Registration through our services for quick and easy enlisting for STPI. The Documents for the application to the Software Technology Parks of India (STPI) to set up a 100% Export Oriented Unit (EOU), include: Application Form in the prescribed form. Memorandum and Article of Association. Board Resolution for setting up STP Unit and persons authorized to sign and submit the applicationform. Resume of person heading the operation/CEO. Detailed project report/ Business plan consist of : Company profile. Promoters background. Units Area of expertise/Services offered. Marketing Strategy / marketing Arrangements. Manpower plan. Future plans. Brief write up on the parent Company and the activities proposed to be carried out by the Indian entity. (In case foreign equity participation) List of Capital goods proposed to be procured from abroad and within India. Details of foreign collaborator (whether financial or technical) Copy of floor plan of the Unit certified by an architect. Copy of the rent agreement if any. Copy of invoice of the Internet service provider. Financials statement like. A. Cost of project & Means of finance. Projected P&L AC. Projected Balance Sheet. Projected Cash flow/fund flow statement. Export workings- (As per Transfer Pricing guidelines where ever applicable) Financials for a 5 year period projecting income from operations, Capital expenditure & cash Flows. Detail for aggregate foreign exchange comings & outgo for first 5 years. Detail for estimated numbers of employees and wage bill for first 5 years. Other documents like Copy of service agreement signed with parent company / clients/ PO with clients/ Master service Agreement. Filing of Monthly SOFTEX forms, quarterly returns, anuual returns with STPI with reasonable monthly retainer fees.

Auditing of a firm is a routine yet mandatory process. Every company has a process of internal audit that is done specially by the experts. We are backed by experienced professionals that enable us in providing the best Internal Audit Services. Our aim is to provide Asset Auditing Services with the generally accepted accounts principal (GAAP) and free from any misstatements, errors, and discrepancy. Our experts drafts reports of tax audits as requisite by the income tax rules in the prescribed format. Besides, we are one of the reputed companies dealing in Professional Auditing Services.

For end to end solution of finance for your company, N R K Reddy & Co. is the perfect destination for you. The company specializes in Corporate Finance Services that aim at assisting the corporate in the expansion of their business, establishing firm etc. We also offer Personal Finance Services to the clients for arranging capital for their business endeavors. In addition to this when it comes to offering Commercial Finance Services, we are perceived as the topmost organization in the market.

For the incorporation of your company under Private Limited or Public Limited, just avail our Company Incorporation Services . We have good experience of registration of Online Business Incorporation for the clients company. In India, the incorporation of a company is governed by the Companies Act 1956, which is administered by the Central Government of India. It applies to whole of India and to all types of companies, whether registered under this Act or an earlier Act. Besides, we are one of the reliable companies engaged in offering Offshore Company Incorporation Services in India.