Accounting services starts from recording each and every transactions in the systematic format and it extends till the generation of the most powerful Management Information System (MIS) in one side and preparing the summary of transactions and financial position for the regulatory filing in compliance with the statutory regulations on the other side. The following are some of the milestones in this most important process of an organization.

• Bookkeeping, setup the chart of accounts and maintenance
• Compilation and Periodical review
• Finalization of books of accounts
• Periodical reporting (MIS)
• Data transition
• Ind. AS and IFRS Compliance & reporting

Regulatory compliance is the basement for building up an organization and it makes the business smooth and gives peace of mind to the entrepreneur when all compliance is in order. Here, we help the client comply with all the regulatory requirements in the competitive and cost-effective way.

• Direct Tax Laws
• Indirect Tax Laws
• Corporate Laws
• Labour Laws
• Other State/ Central Laws
• Sector-specific Laws

Any form of body corporate will have to especially comply with the basic requirements of the Companies Act 2013 and the various rules framed thereunder. This starts from the regular record maintenance, filing, and keeping of all documents including the minutes and other regular documents. This function also extends to the right interpretation of the statute and its timely compliance. The penalty for late or non-compliance should be avoided at any cost to make the business run smoothly. Our team of experts at BIZFACE covers all the regulatory requirements to make the business foolproof as regards this comprehensive law is concerned.

• Update on legislative changes
• Maintenance of statutory registers and records
• Conducting meetings of directors, members, committees, etc
• Preparation of minutes of meetings
• Filing of annual accounts with Registrar of Companies
• Filing of annual returns with Registrar of Companies
• Procedural filing with Registrar of Companies
• Other corporate law compliance
• Company strike off and liquidation
• Exit under Fast Track Exit Scheme
• Company Law Settlement Scheme Advisory
• Representation before Company Law Board

Organizations, whether big or small, always need a Chief Financial Officer (CFO) for efficiently and accurately managing the day to day operations. However, many times, the size of the organization may not allow for affording a full-time CFO. Hence, retaining a Virtual CFO will give the benefit of a CFO at an affordable cost depending on the size of the organization. The services of a virtual CFO can be availed from us on a monthly retainer-ship basis which will enable the organisation to regularly receive the services like that from a full time CFO. The following are the list of services that a virtual CFO provides for an organization.

• Budgeting and Planning
• Corporate fund management
• Profit center management
• Management of policies and procedures
• Advisory to finance department
• Legal department

Statutory compliance under various labor laws has to be ensured by establishments on a regular basis. It is not limited to the statutory deposits, returns and records maintenance by the employer under various labor laws, it extends to representation in case of prosecution under various statutes. The following is a list of major services that we perform.

• Licensing and Registration under various Labour Laws
• Calculation of periodical liability & payments
• Maintenance of Records & Statutory Registers
• Preparation and Submission of Periodical Statutory Reports
• Correspondence & Compliance with officials
• Attend periodical Statutory Inspections held by the Officials
• Update on labour reforms / legislative changes
• Other allied labour law-related services

Corporate leaders and under immense pressure to find out and recruit the best talent and make the best possible use of these resources, people and processes. To meet this challenge, they need professionals who are experienced in these processes at an affordable cost. Here in BIZFACE, we deliver a competitive service to deliver the best results. The following is a snapshot of our services in this very special area.

• Recruitment services
• Placement services
• Payroll designing and processing services