Requirements sheet for respective Tasks\Registration can be downloaded by clicking the following buttons.
Trademark (Brand name) TM Registration
Startup Registration
MSME Registration
Documents Required for Loans\CC Limits\Home Loan\Loan Against Property\Unsecured Loans
Tools\Files for General Use:
NOC\ No Objection Certificate from Landlord
Know about post GST Compliances
Know about TDS Liability and Compliances
Frequently Asked Questions (FAQs) – Astute Consultants (Services)
1. Tax Registration Consultancy Services:
Q: Why is tax registration essential for my business?
A: Tax registration is crucial for legal compliance and ensures that your business operates within the regulatory framework. It also allows you to avail of various tax benefits and exemptions.
Q: What types of tax registrations do you assist with?
A: We assist with a range of tax registrations, including GST registration, Startup Registration, IEC, MSME, Company Incorporation, PAN registration, and other relevant registrations based on your business needs.
2. Accounting and Bookkeeping
Q: Why is professional accounting and bookkeeping important for my business?
A: Professional accounting and bookkeeping ensure accurate financial records, aiding in informed decision-making, financial planning, and compliance with regulatory standards.
Q: How often should I update my financial records?
A: Regular updates are essential. We recommend updating your financial records monthly to maintain accuracy and make timely financial decisions.
3. Income Tax Return Filing:
Q: Why should I seek professional assistance for income tax return filing?
A: Professional assistance ensures that you take advantage of available tax deductions, credits, and comply with the latest tax regulations, minimizing your tax liability.
Q: What documents do I need for income tax return filing?
A: Documents typically include PAN card, Aadhar card, Form 16, bank statements, and details of investments. Our team will guide you through the specific requirements based on your financial situation.
4. GSTR Filings:
Q: What is Goods and Services Tax (GST) filing, and why is it necessary?
A: GST filing is a mandatory requirement for businesses registered under GST. It involves the submission of monthly, quarterly, or annual returns, ensuring compliance with GST regulations.
Q: How often do I need to file GST returns?
A: The frequency of GST filing depends on your business turnover. We will guide you on the applicable frequency and assist with timely filings.
5. FSSAI Registration:
Q: Why is FSSAI registration important for my food business?
A: FSSAI registration is essential for legal compliance, ensuring the safety and quality of food products. It also builds consumer trust in your brand.
Q: Why is FSSAI registration important for my food business?
A: FSSAI registration is essential for legal compliance and ensuring the safety and quality of food products. It builds consumer trust in your brand and is a mandatory requirement to operate a food business in India.
Q: What is the difference between FSSAI registration and FSSAI license, and which one does my business need?
A: FSSAI registration is required for small food businesses, while FSSAI license is mandatory for medium to large-scale food businesses. The type of license depends on the scale and nature of your business. Our experts can guide you in determining the appropriate registration or license for your specific business needs.
6. LLP Incorporation:
Q: What are the benefits of opting for LLP registration?
A: LLP registration provides limited liability to partners, separate legal identity, and ease of compliance, making it an ideal choice for small and medium-sized businesses.
Q: Why should I choose LLP registration for my business?
A: Limited Liability Partnership (LLP) registration provides the benefits of limited liability, separate legal identity, and ease of compliance. Partnerships can enjoy the flexibility of a partnership and the protection of limited liability, making it an attractive choice for many businesses.
Q: Can a single person form an LLP, or is it necessary to have multiple partners?
A: No, an LLP requires a minimum of two partners. However, there is a variation called an “OPC-LLP” where one of the partners can be a single person. This structure provides the benefits of LLP while allowing for a single-member structure. Our experts can guide you through the details based on your specific business needs.
7. Startup Recognition:
Q: What services do you offer for startups?
A: Our startup services include business registration, legal compliance, financial planning, and strategic guidance to help startups thrive in a competitive environment.
Q: Why is startup registration essential, and what are the key benefits?
A: Startup registration is crucial for several reasons. It provides legal recognition to your business, making it a distinct entity. Key benefits include eligibility for various government schemes, access to funding and investment opportunities, and enhanced credibility, which can attract partners and customers.
8. OPC:
Q: What distinguishes OPC from other business structures?
A: OPC offers limited liability to a single owner, making it suitable for solo entrepreneurs. It provides legal protection while allowing full control over business decisions.
Q: What is the primary advantage of opting for OPC registration?
A: The main advantage of OPC registration is that it allows entrepreneurs to enjoy the benefits of a private limited company structure with limited liability, separate legal identity, and continuity of business, even if there’s only one owner.
Q: Can I convert my OPC into a private limited company later?
A: Yes, an OPC can be converted into a private limited company if it meets the eligibility criteria for conversion. The conversion process involves certain legal formalities, and our experts can guide you through the process when and if needed.
9. Pvt Ltd Company:
Q: Why choose Pvt Ltd Company registration over other structures?
A: Pvt Ltd Company registration provides limited liability, separate legal identity, and access to funding, making it an ideal choice for businesses aiming for growth and expansion.
Q: What are the key advantages of registering my business as a Private Limited Company?
A: Registering as a Private Limited Company offers limited liability to the owners, a separate legal identity for the business, access to funding through the issuance of shares, and the ability to attract investors. It also provides credibility and a structured framework for business operations.
10. IEC (Import Export Code):
Q: Why do I need an Import Export Code (IEC)?
A: IEC is a unique code required for businesses engaged in import and export activities. It is essential for customs clearance and international trade transactions.
Q: How long does it take to obtain an IEC?
A: The processing time for IEC can vary. We strive to expedite the process, and our team will keep you informed about the estimated timeframes generally it took 3-5 working days sometime even response time can be faster than this, however delays have also been observed due to site maintenance.
11. MSME Registration:
Q: What are the benefits of MSME registration for my business?
A: MSME registration offers various benefits, including priority sector lending, tax exemptions, and access to government schemes and incentives designed for small and medium enterprises.
Q: How long is the MSME registration valid?
A: MSME registration is typically valid for a lifetime, but it is advisable to update your registration every year if there are significant changes in your business.
12. Loans and Insurance:
Q: How can Astute Consultants help me with obtaining a business loan?
A: We assess your financial needs, guide you through the loan application process, and connect you with financial institutions offering suitable loan options. We have network of more than 100 banks and Financial Institution to make the lending process to be fast and easy.
Q: What types of insurance services do you provide?
A: We provide a range of insurance services, including business insurance, life insurance, and health insurance. Our experts help you choose the right coverage for your needs.
13. Investments:
Q: How can I determine the right investment strategy for my financial goals?
A: Our experts conduct a thorough financial analysis, considering your goals, risk tolerance, and investment horizon to tailor a strategy that aligns with your objectives.
Q: What types of investments do you recommend?
A: We recommend a diversified portfolio, including stocks, bonds, mutual funds, and other investment vehicles based on your risk profile and financial goals.
Feel free to reach out to Astute Consultants for any specific inquiries or personalized assistance regarding our services. Our team is here to guide you towards financial success.