CONCERNITY ADVISORS

1. Business Registration and Structuring

• Guidance on selecting the right legal structure (e.g., proprietorship, LLP, private limited company)

• End-to-end support for registration and initial setup.  

2. Licensing and Permit Assistance 

1. • Identification and acquisition of necessary licenses or permits.

   • Support with applications tailored to industry and location requirements.

3. Banking and Financial Setup

• Help with opening a business bank account.

• Guidance on setting up a tailored financial system for tracking income and expenses.

1. Bookkeeping and Financial Management

• Regular bookkeeping to maintain accurate records of transactions. 

• Real-time access to financial statements to support decision-making. 

2. Tax Compliance and Filing

1. • GST filing, income tax returns, and other tax obligations.

   • Ongoing support for tax planning and compliance to minimize liabilities.

3. Payroll and Employee Management

• Payroll processing and compliance with labor laws and tax withholdings.

• Assistance with setting up employee benefits and policies. 

1. Regulatory Compliance Monitoring

• Ongoing monitoring to ensure adherence to industry-specific regulations.

• Assistance in updating processes to align with new regulations.

2. GST and Tax Compliance

1. • Filing and reconciliation for GST on a monthly or quarterly basis.

   • Comprehensive support for income tax, TDS, and other statutory filings.

3. Document Management and Record-Keeping

• Support with maintaining organized records for easy compliance review. 

• Assistance with document preparation for regulatory filings and inspections. 

1. Statutory and Internal Audits

• Conducting statutory audits as required by regulatory authorities.

• Internal audits for evaluating and enhancing internal controls.

2. Risk Assessment and Mitigation

1. • Identifying and assessing potential risks within financial and operational processes.

   • Providing strategies to mitigate risks and strengthen control frameworks.

3. Assurance and Advisory

• Assurance services to improve financial accuracy and transparency.

• Advisory on best practices for enhancing governance and operational efficiency.