NCA helps you in developing a methodical business plan, with
emphasis on the financial aspects - the need for finance, working
capital/long term finance, the relevant papers necessary, sanctions,
documentation and other issues.
NCA's viability report refers to the prevalent costs in comparable
units elsewhere in India. This includes details like arriving
at the cost of the project, the means of finance and the best
cost of funds required.
Through its experience and understanding of the project financing
domain, NCA helps you in identifying an acceptable financial
institution for financing the project.
It is absolutely essential that statutory systems be adhered
to. NCA enlightens you of the various statutory dues like Sales
Tax, Income Tax, Provident Fund, Employee State Insurance, Tax
Deducted at Source and fulfillment of export obligations, if
A start-up company needs to follow accounting procedures more
diligently. Since the various affairs of the company are in
the process of settling down, a periodic analysis of financial
records is necessary to arrive at the exact Statement of Affairs
of the company. NCA helps the client in this aspect.
All incorporated companies in India need to appoint a Chartered
Accountant for the annual audit of the accounts of the company
and for filing of the returns to the Registrar of Companies India.
In the event of Income of the company being in excess of Rs. 4
Million (approx. 90,000 $) there is a need to present accounts
audited by a Chartered Accountant, irrespective of being an incorporated
entity or not. NCA is conversant with the procedures involved
in the filing of returns.
Setting up Financial Systems:
It is essential that a company establish a system of rigorous
financial procedures for the long-term health of the company.
NCA ensures that the client organization document the statutory
records, the pattern of equity holding, status of approvals for
the equity holding and eligibility to transfer the holding.
NCA's sphere of work with the client includes review of the property
documents and verification of titles, documenting status of the
borrowings, securitisation of assets, status of patents and trademarks
held by the company.
Top Management practices:
Corporate governance ensures that all issues relating to the status
and verification of litigation, independent audit, preparation
of statements are in accordance with the prevailing laws.
NCA ensures that all organization gets name approvals for the
proposed entity and other aspects. This includes incorporation
of the company, preparation of Joint Venture agreements between
the Indian company and foreign company and registration of investment
with appropriate authority.
This includes decision on the investing entity and their eligibility
to invest in India. We suggest the route of investment in the
company in India based on double taxation treaties that are favourable
to the investor. It also includes obtaining approvals from Reserve
Bank Of India/ Foreign Investment Promotion Board for the proposed
holding and the fixation of transfer price between associate companies.
Statutory Approvals, Licensing & Registration with regulatory
We help you to obtain approvals for the establishment of your
facility, which may include the STPI (Software Technology Parks
Of India) or other relevant authorities. This includes verification
and execution of legal documents for the facility proposed, bonding
of facility for duty free imports and facilitating import of capital
goods. Ancillary approvals from other agencies such as Pollution
control Board, Shops and establishments are also done.
Ensuring compliance with Labour, Commercial, Industrial Laws:
A company operating in India has to comply with the statutory
requirements of labour, commercial and industrial departments.
We have the knowledge and understanding of the bureaucratic procedures
involved to enable the client to conduct business smoothly in