NIDHI Company and Its Advantages

NIDHI Company and Its Advantages in India

Nidhi is a form of company which assists in creating the habit of saving, by accepting deposits and providing loan to its members. The term nidhi mean treasure and it is a very useful method for starting a financing service.

Annual Compliance Filing Services by Law Firm in India

Annual Compliance Filing Services in India

All forms of companies which are registered under the MCA are mandated to file for annual return without fail. The process includes the preparation of accounts, finalization of the statement, manage balance sheet and profit/loss, statutory audit, and create auditor and director’s report, share statements, filing of the information to registrar of companies. The companies also have to file the income tax return and other related compliance.

Process of LLP Registration in India

LLP Registration in India

Limited Liability Partnership is a form of business which involves the qualities of both the private limited company and flexibility of partnership firm. It is a type of company which has ample flexibility and some liabilities. The main reason for the increase in the registration of LLP over the years is its simple steps in formation and easy maintenance. It is very useful for the limiting the liability of owners.

Why a Small Business Should Use Professional Accounting Services?

Accounting and Bookkeeping Services

When you start a small business or a start-up, there are numerous aspects that need to be taken care of, for the setting up the functioning and work flow. A small business has a small work force with only few people doing multiple tasks. Hence, in the situation when you are already booked for numerous tasks, bookkeeping and accounting can become a huge burden. You may try doing it yourself to save money, but it consumes a lot of time and energy. You definitely care for your business financial needs; therefore only professional accountant can assist your company growth tremendously. Some advantages are stated below: