- Startup are created on passion, with drive, focused on an idea. It navigates through uncountable difficulties for finding a way to success – overcoming even impossible-to-climb barriers.
- We would support in establishing the startup by explaining in detail the various incentives provided by central/state government/taxation authorities leading to beneficial at long run and lesser cash burn rate. We would assist in getting the incentives by registering with concerned authorities.For E.g: Under the income tax act the startup can avail tax holiday for 3 consecutive financial years out of its first seven years since incorporation provided necessary clearances are obtained from departments.
- For every starup , monitoring of cash burn is very crucial and star factor considered by investors for investment either at angel /seed/VC funding. Based on our experience with various startups at different stages , we can mitigate the risk of excessive cash burn by implementing best internal control in systems , plugging in the leakage of unnecessary cash out flow, monitoring every penny and develop system in increase the revenue leverage by using analytical tools.
- We provide end to end book keeping services with all statutory compliances of various central/state government departments and providing statutory & financial MIS to management by 3rd of the following month.
- Advice regarding choice of entity,obtaining business license & registration under various laws and setting up policies & procedures.
- Compliances of GST, Income tax and Company law & other relevant laws .