Statutory Registration & Compliance

At Kwintet we undertake business set up services for our clients by registering their business in INDIA under various statues namely

  • Companies Act, Income Tax Act. Central Excise & Customs, Service Tax, Obtaining Import Export code Number (IEC #), STPI , Service Tax, Sales Tax, all relevant labour law.

We also help and ensure that the client fulfills all Statutory Compliance like

  • Computation & Payment of Taxes on time (advance taxes, Service Tax, Excise duty, Customs duty, VAT etc.)
  • Computation & Payment of Statutory dues in relation to payroll on time (professional tax, Provident fund contribution etc.,)
  • Deduction of Taxes (TDS) on Time on behalf of the client and remittance of the same
  • Filing of Monthly/ Quarterly / Half yearly / Annual returns under various statues
  • Maintenance & Recording of minutes of Board & Annual meeting
  • Compliance with Foreign Exchange Management Act
  • Informing the change in Management if any, place of operation and change of Registered office if any to various departments at regular intervals

Accounting

Over the years Business has Grown, Individuals have grown!! One of their key factors towards their growth is RECORDING and MEASURING their transaction at regular intervals and taking appropriate decision. So Accounting becomes a key business growth factor. At Kwintet we provide Outsource model, On-site model & Build Operate Transfer (BOT) of computerized Accounting / Booking services in compliance with Indian GAAP, US GAAP and IFRS till finalization along with assistance to all audit queries. We also design Accounting System which is customized to the nature of business and also suggest / recommend the relevant accounting / ERP software applicable to the client and implement the same. We also undertake ERP evaluation, System Study, Pre-Analysis along with recommendations/suggestions for process improvements, complementing implementation of Mini ERP including Tally ERP, Peach tree, Microsoft Dynamics, Quick Books & Relyon.

Payroll Service

At Kwintet we design customized tax efficient salary structure for the employees of the client, processes payroll and issue pay slip on a monthly basis online, ensure that all statutory compliance related to payroll are adhered within the due dates prescribed by relevant statutes. We also provide investment advice to the employees, answers all queries of the employees via our help desk. We also represent and answer any queries from the statutory department on behalf of the client and offer Filing of Income Tax Returns.