Services under Companies Act, 2013

We have carved a niche as one of the authentic providers of ‘Company Formation Services’ based in India. Our Offshore Company formation Services provide you with the tools you need to get your company up and running. The following types of Business entitles are available in India:

• Private Limited Company
• Limited Company
• Foreign Branch Office
• Liaison Office
• Unlimited company
• Wholly owned Subsidiary Company

Our advisory services aim to ensure strict compliance with relevant regulation while ensuring that the business needs of the clients are addressed in an optimum manner. Company Legal Compliance is now viewed as a separate service because of its complexity and because it is quite time consuming. We help companies to interpret and comply with the rules and regulations in order for them to continue to operate in their chosen sectors. There are many sections of the Companies Act where we are in a position to provide guidance and/or assistance with interpretation pertaining to Company Law Consultancy.

Services offered by us include:

• Company formation
• Winding up of Company
• Company secretarial matters such as the necessary company’s filings
• Accounting matters such as statutory disclosures, deadlines and exemptions
• Matters affecting share capital and distributions
•  tatutory provisions relating to various meetings like Board Meetings, Committee Meetings and Annual and Extraordinary General Meeting.
• Seeking Licenses and Approvals for start-up
• Capital Raising Transactions and Support Services
• Represent to Ministry of Corporate Affairs & SEBI
• Petitions to National Company Law Tribunal
• Company Law Compliance and Appeals
• SEBI Regulations and Compliance
• Assistance in coordinating with Lawyers

Note: We offer Company Law Matters Consultancy services at very affordable prices

External Commercial Borrowings ("ECB's) are commercial loans raised by eligible resident entities solely for commercial purposes, from recognised non-resident entities. It is an instrument that helps Indian firms and organizations raise funds from outside India in foreign currencies. An ECB can be secured and unsecured. There are two routes for raising ECB one is Automatic route and second is Approval route.

Under automatic route, the cases are examined by the Authorised Dealer Category-I andunder approval route, the prospective borrowers are required to send their requests to the RBIthrough their Authorised Dealers for examination.

• A company expands its business by opening up its branch offices in various parts of the domestic country as well as in other countries. A branch office refers to an establishment, which carries on substantially the same business and activity as is carried out by its Head Office.
• Permission to set up a branch office is granted by the Reserve Bank of India. A Branch office of a foreign company upon approval from the RBI must be compulsorily registered under the (Indian) Companies Act, 2013.
• Branch Offices established with the approval of RBI, may remit outside India profit of the branch, net of applicable Indian taxes and subject to RBI guidelines.

As globalisation and digitalisation increase, international business has also increased drastically. Many companies have a huge base of foreign clients due to easy access to goods and services. In view of the expansion of the business, many companies decide to incorporate its subsidiary or sister concern or a whole new company in a foreign country. Manoj Pahwa & Associates (MPA)(Chartered Accountant) helped many organisations with its finest and speedy services of Incorporation in foreign Countries. MPA provides its incorporation services in the USA, Dubai, UK, Germany, Australia and Singapore.

Incorporation in foreign Countries has many advantages like:

1. Benefits of a strong and stable economy and a highly developed capital market.

2. Skilled workforce

3. Government Subsidies

4. Low Tax rates

5. Minimum corruption

6. Easy Import and Export

A Liaison Office is in the nature of a representative office set up primarily to explore and understand the business and investment climate. It is an office of a firm which is located somewhere other than the firm’s main office location. In other words, a branch is simply another location and is still involved in the business activities of the firm.

A Liaison Office is not permitted to undertake any commercial / trading / industrial activity, directly or indirectly, and is required to maintain itself out of inward remittances received from parent company through normal banking channels. The Liaison Office is permitted to undertake following activities only:

• Representing the parent Company in India
• Promoting export/ import from/ to India
• Promoting technical / financial collaborations between the parent companies andcompanies in India
• Acting as a communication channel between the parent company and Indian companies

It cannot do any other commercial activity. To open a Liaison office, the parent company has to apply to the Reserve Bank of India and is normally granted permission within 2 to 4 weeks.

A Non-Governmental Organization (NGO) is perceived to be an association of persons or a body of individuals. An association of persons with non-profit motive can be registered under any of the following Indian Acts:

• As a Charitable Trust
• As a Society registered under the Societies Registration Act, 1860
• As a Company licensed under section 8 of the Companies Act, 2013

We are well reckoned as one of the trustworthy providers of NGO Formation Services based in India. We convey all the information regarding income tax filing as per Indian laws and regulations for NGOs. We boast of an experienced team, which is well versed with every norms pertaining to NGO Formation. Non-Governmental Organization Formation services offered by us are available at very competitive prices.

For Private Limited Company Formation

•  Minimum of two directors and minimum two shareholders are required.
• The right to transfer shares is restricted as per the articles of association.
• The number of shareholders is limited to Two Hundred.
• An invitation to the public to subscribe to any shares or debentures is prohibited.
• No invitation or acceptance of deposits from persons other than members, directors or their relatives is allowed.
• Lesser number of compliance requirements.

A public limited company is a company having a share capital whose memorandum of association states it to be a public company. The shares of a PLC may be offered for sale to the general public. A PLC must comply with the following requirements:

• The minimum number of Directors is three
• The minimum number of shareholders must be seven
• A PLC is not entitled to commence business or exercise any borrowing powers until the Registrar of Companies has issued a certificate of commencement with the capital requirements as set above.

Tax planning refers to financial planning for tax efficiency. It aims to reduce one’s tax liabilities and optimally utilize tax exemptions, tax rebates, and benefits as much as possible. Tax planning includes making financial and business decisions to minimise the incidence of tax. This helps you legitimately avail the maximum benefit by using all beneficial provisions under tax laws. There is a lot of tax saving options available in India for taxpayers.

Types of Tax Planning:

1. Short and Long-range Tax Planning

2. Permissive Tax Planning

3. Purposive Tax Planning

Manoj Pahwa & Associates (Chartered Accountants) have experience and expertise to help you with tax planning. Tax planning for business and individual .We give accurate and reliable information to our clients in respect of taxation planning. We help our clients with our tax-saving strategies and ensure that you receive maximum tax deductions. With our specialists’ team, you will save your money and time efficiently.

In Transfer Pricing Audit (TPA) we examine the pricing of transactions between related two or more associates. By applying and documenting various test methods, it is determined whether the transactions are conducted under market conditions and survive the scrutiny of the IRS and other tax authorities.

Section 92E of Income Tax Act, 1961 is applicable on the TPA. The TPA is applicable on every person who has entered into an international transaction and aggregate value of such transactions exceeds Rs. 1 crore and specified domestic transactions exceed INR 20 crore in a financial year. In case the aggregate value of such transactions does not exceed its prescribed limited then it is not mandatory to maintain the aforesaid information and documents

An unlimited company or private unlimited company is a hybrid company (corporation) incorporated with or without a share capital (and similar to its limited company counterpart) but where the legal liability of the members or shareholders is not limited: that is, its members or shareholders have a joint and several non-limited obligation to meet any insufficiency in the assets of the company to enable settlement of any outstanding financial liability in the event of the company's formal liquidation

Tax returns in the United States are reports filed with the Internal Revenue Service (IRS) or with the state or local tax collection agency containing information used to calculate income tax or other taxes. A tax return is a documentation filed with a tax authority that reports income, expenses, and other relevant financial information.

On tax returns, taxpayers calculate their tax liability, schedule tax payments, or request refunds for the overpayment of taxes. Manoj Pahwa & Associates (Chartered Accountants) is one of the reliable taxation service providers that provide authentic Taxation Consultancy Services in India and in foreign. CA Manoj Pahwa has extensive knowledge and experience in the enforcement of US taxation Return.