ASSURANCE & REGULATORY

We believe in delivering practical, effective and implementable advice, having full context and relevance to business or commercial problem. Our professionals understand transactions, business nuances and therefore can go beyond the specific tax or regulatory issue to develop a solution that works. We firmly believe that we will be able to retain and grow with our clients only when we are able to provide such advice consistently, from engagement to engagement, from year to year
In the current business environment, tax and regulatory is much more than compliance planning and needs to be utilized as a competitive edge. Smart corporations have identified tax & regulatory as a separate function with identified goals to contribute to business and financial performance.
The company's ability to manage tax and regulations can directly impact its valuation. Our suite of services has been designed maximize value by implementing a strategy for future growth.
Our Assurance and Regulatory services includes :
  • → Financial Audits
  • → Compliances
  • → Regulatory Compliance Audits
  • → Transfer Pricing
  • → FEMA / RBI Regulatory Compliances
 
ASSURANCE : ASSURANCE AND ATTEST SERVICES INCLUDE THE FOLLOWING
IFRS Review
  • → IFRS reviews and support with transition to IFRS
  • → IFRS trainings
Limited Review
  • → Special purpose audits / financial reviews
  • → Identifying accounting issues and providing clarity in certain accounting treatments
  • → Proving to be an assurance agent to the interested parties regarding the reliability of financial data
Certifications / Special audits
  • → Ensuring financial statements including Balance Sheet, Profit & Loss Account as well as Cash Flow Statement provide a true & fair view as well as are also free from any material mis-statements.
QNOV's Accounting Support Services are designed to support clients right from initial set up of finance function, to support routine accounting / reporting requirements and to support any change management due to compliance with regulatory changes like GAAP, Taxation etc.
  • → Setting up and managing finance function - We have a three phased approach: Define, Develop & Improve
  • → Regulatory compliance – including Companies Act,Direct & Indirect Taxes and Employee related regulations;
  • → Accounting support – including management reporting support; and
  • → Payroll services – including expatriate taxation
  • → Change management – Our GAAP specialists support organizations with any change management requirement required due to regulatory changes like IFRS etc.

Our typical approach entails the following:
  • >→ Diagnostic Assessing Impact
  • >→ Developing Implementation Plan
  • >→ Executing Implementation Plan
  • >→ Reviewing Implementation
We want our clients to focus on their business and leave the rest to us Our services are customized in accordance to your specific requirements. We assist you from the very initial processes of company establishment to company maintenance process, etc.
OUR SERVICES INCLUDE:
Inbound Investment into India and SecretarialServices Providing solutions to all our clients on setting–up business in India Company Law and Secretarial Services
Pre-Incorporation
  • >→ Consultancy for formation of foreign companies in line with FDI policy and guidelines
  • >→ Obtaining licenses/clarification’s/regulatory approach from RBI/FIPB/ROC and others
  • >→ Setting up of Branch Office/Liaison office/Project office/Joint Ventures/Wholly owned subsidiary/LLP and their compliance
  • >→ Obtaining Direct Tax and Indirect registration numbers such as pan,service tax etc.
  • >→ Formation of companies including Section 8 Companies (Non Profit Making organization)
Post-Incorporation
  • >→ Representation to Registrar of Companies /Regional Director/Company Law Board/RBI/MCA and other regulatory bodies
  • >→ Advise on various matters under the Companies Act, 1956 and 2013.Assisting in winding-up of companies /LLP’s including striking of names through Fast Track Route
  • >→ Compliance under Companies Act,2013
  • >→ E-Filing of Documents with MCA
  • >→ Annual Filing
  • >→ Event based transactions such as getting company name changed, share transfers, appointment or removal of directors/KMP, getting charges registered,extension of time for holding AGM and it’s compliance
  • >→ Maintenance of statutory records prescribed under Companies Act, 2013
  • >→ Internal Audit of Portfolio Managers/Stock Broker/Trading Member/Clearing Member/Credit Rating Agency/Depository Participants
  • >→ Secretarial and Share Capital Audit
  • >→ Due Diligence