Start-up services

Our team of professionals including Lawyers help start-ups with

• Drafting of Terms and Conditions for their websites
• Negotiating their financial contracts
• Inter- alia drafting of SHA and SSA
• Due Diligence
• Finalising Vendor Agreements
• Employment Agreement
• HR Handbook
• Regulatory compliances
• Filing of FC-GPR Forms

Setting up of Business in India

India is fostering its ideology of Make in India and Ease of Doing business in India, We at Krishan Kumar Jain & Co. help all of our clients including foreign investors to avail the benefits of various schemes which facilities setting up of business in India like

• MSME subvention
• Sale of Duty Credit Scrip
• Advance Licence
• Benefits under FTP
• Single window clearance for Industrial Investment Promotion Scheme in various states
• We furnish a ‘one stop source’ solution to businesses to manage the twist and turns of multiple compliances through a single window.

Transaction Advisory

Advisory in relation to investment/restructuring transactions including conducting due diligence of the target(s), negotiating and finalisation of transactional documents, managing negotiations preparation and finalization of Agreements, Liaising with requisite authorities for necessary permissions execution and completion of the Transaction Advice relating to the Takeover Code.

Direct Taxation

We have a vast experience in dealing in the entire gamut of Indian Income Tax Act, 1961 including,

• Filing of Returns,
• Tax Audits (every organisation having a turnover of more than 1 (one) crore is required to get the accounts audited by a Chartered Accountant),
• Computation of TDS and withholding tax (TDS is a monthly compliance wherein every entity shall withhold some percentage of payment as per the law on various expenses incurred by it and deposit the same with the concern regulatory authority),
• Transfer Pricing,
• Assisting clients in Scrutiny Assessments including Trusts and AOPs done by the Income Tax Department, Appearing before CIT(A) and ITAT.

Indirect Taxation

• GST is paving the way for a robust and concentric administration of all Indirect Taxes in India. The existing Indirect Tax regime is plagued with cascading effects, non-availability of cross credits like currently, credit of sales tax cannot be used to discharge output tax liability of luxury tax or entertainment tax. One of the most formidable and incantation ideology of the GST is one nation and one tax.
• We at Krishan Kumar Jain, help our clients in obtaining registrations, return filing, monthly compliances, GST Annual Returns, obtaining GST Refunds (refer helping videos- links https://www.youtube.com/watch?v=yC7lUFzAYlY GST Audit (Every entity having a turnover of over 2 Crore is required to get its accounts audited as per the GST law for each Branch). Also, we facilitate in drafting and filing of appeals with GST Tribunals and Commissioner Appeals, reply to Show Cause Notices and managing Departmental correspondence and audits.

Auditing and Risk Management

• In the current legal framework of uncertainty & unforeseeable economic policies, businesses are more vulnerable to the risks. Auditing is like insurance, businesses must be checked regularly in order to avoid any risk of non-compliance. By managing risk more effectively, organisations unleash their full potential, creating and protecting value for all of their stakeholders.
• In order to cater to this need of our clients we endeavour to handhold our client right from inception and addressing their key business concerns, helping them in complying with regulatory norms and enhancing overall effectiveness of corporate governance and reporting requirements. We provide the following facilities:
  • Performing Statutory Audit for private, public & government companies under the Companies Act 2013
  • Performing Tax Audit of companies, firms & proprietary concerns under the Income Tax Act & audit of charitable trusts & other associations.
  • Performing internal audit to review the internal control systems of the organizations.
  • Performing GST audits in compliance with the provisions of GST Law.
  • Performing audits of other entities such as Banks Statutory Audit, Concurrent Audit
  • Performing Fixed Assets Audit, Stock Audit, Fixed Assets Tagging, Forensic Audit, IS Audit, Due diligence & other certification work.

Legal & Secretarial

• Our Team of Lawyers diligently work on drafting and finalisation of various commercial contracts like, employment contract, severance agreement, service level agreement (SLAs), consultancy agreement, BOOT, HR manuals, Prevention of Sexual Harassment Policy and general terms and conditions; Privacy Policy for Websites.
• We help our clients in managing their regulatory and legal compliance, under Companies Act 2013, FEMA, GST, Customs, Foreign Trade Policy of India, Shops and Establishment law and Legal Metrology Law

Accounting & MIS Reporting

• We offer robust accounting solutions from invoice processing to payment disbursement. This not only helps clients cut costs but also allows for higher efficiency and centralised control of payables across the company.
• It is well known that a well-managed accounting function can result in a significant competitive advantage, tax planning, working capital management, vendor relations, cash management, internal control and management reporting. Our team is fully conversant with Indian and International accounting software. We ensure that accounts are maintained in accordance with domestic regulations as well as international reporting norms. Our teams review, analyze and flag any potential issues to ensure timely remedial action.

Accounting

KK Jain & Co. is a leading accounting firm that provides robust bookkeeping services to CPAs and small and medium-sized enterprises around the globe. We ensure that accounts are being maintained as per international reporting standards.

KK JAIN & CO is a leading accounting firm that provides robust bookkeeping services to CPAs and small and medium-sized enterprises. We ensure that accounts are being maintained as per international reporting standards. Our team review, analyze, and red flag any potential issues to ensure timely remedial actions.

The main essence of accounting outsourcing is to save costs. Daily accounting is a cumbersome activity that requires many man-hours, which then increases the cost to an organization.

By, outsourcing the accounting activity the organization can get the same work done at a fraction of the cost in the utmost professional manner. Our highly trained staff can manage the day-to-day transactions, handle AR & AP and prepare important financial statements for you. We currently serve clients from the USA, Australia, the UK, and other members of the EU.

VCFO

Virtual CFO is the need in today’s working environment. It gives the required professional management required for business at fraction of the cost.

Business owners very often face the problem when a regular CFO is not on board, it is not cost-effective to appoint an in-house CFO on a full-time basis. Virtual CFO Services are the best solution in such a situation. Virtual CFO services empower clients to get assistance from CFO at an attractive price point with a perfect blend of professional acumen, vision, leadership, performance & integrity.

The CFO will enable businesses in resolving all the issues that leadership teams face financially, and eliminate the sources of financial crises, while also protecting accounting integrity. Clients who are looking for professional assistance for their small to midsize businesses will get the expert virtual CFO Service fulfilling all their business needs. Even the larger corporates, having full-time CFO working with them, may take virtual CFO services for their Subsidiary/Joint Ventures and CFO support services for their existing CFO offices.