Services offered by EBS for Incorporation
SCOPE:Incorporation of Private Limited Company
- Drafting Memorandum of Association (MOA) considering the business activities of the Proposed Company
- Drafting Articles of Association (AOA) considering specific internal norms/Global policy / byelaws, suggested by the client in purview the of relevant provisions of the Indian Companies Act, 2013 as amended from time to time
- Obtaining Digital signature certificates (DSCs) for the proposed directors for the purpose of making the incorporation application
- Obtaining Director Identification numbers (DIN) for all the proposed directors.
- Drafting relevant documents mandatorily required for incorporation of the Proposed Company as prescribed under the Companies Act, 2013 and the rules framed thereto .
- Assisting in preparing an application to be filed for reservation of name and assist in filing the same electronically with the Central Registration Centre (CRC), MCA.
- Arrangement of necessary certifications by Qualified Professional which is mandatory for incorporation of the Proposed Company.
- Filing the final kit of documents in e-form SPICE
- Liaise with the regulatory authorities for scrutiny /verification of the incorporation application and respond to the queries (if any) raised by them
- Obtaining a Certificate of Incorporation (COI) in electronic format
- Filing of Form MGT-6 along with the relevant documents with the Registrar of Companies with respect to the declaration of beneficial interest
- Pursuant to the notification issued by the Government of India in April 2020, foreign direct investment (FDI) from an entity of a country, which shares a land border with India or where the beneficial owner of investment into India is situated in or is a citizen of any such country, requires prior Government approval. The process and procedure for obtaining the approval are yet to be established
Company Law Assistance in Convening First Board Meeting
- Preparation of secretarial documents pertaining to the First Board Meeting of the Proposed Company Preparation and printing of share certificates to initial subscribers and arranging for payment of stamp duty as per state laws
- Advice on the documents needed and filing of a Declaration by a director with the Registrar of Companies stating that every subscriber to the memorandum has paid the value of the shares agreed to be taken by him and the company has filed with the Registrar a verification of its registered office in Form INC-20A
- Preparation of secretarial documents pertaining to allotment of shares to the subscribers to the Memorandum of Association
Providing Assistance in Opening a Bank Account
- EBS shall introduce the concerned relationship manager (RM) of the shortlisted bank for better communication and co-ordination to activate the bank account in the name of the Proposed Company
- EBS shall assist by providing requisite documents such as COI, specified MCA forms along with payment actions, registered version of MOA/AOA, and Board resolution in the prescribed format
- Documents such as KYC of subscribers/ authorized signatories and tax-related documents like FATCA declarations including various forms and other declarations shall be arranged by the client in co-ordination with the RM of the bank
- Advising client about the initial fund remittance towards subscribed share capital including instructions for the purpose of remittance
- Providing FDI declaration to ensure that funds towards initial remittance are credited in the bank account of the Proposed Company
Reporting Under Foreign Exchange Management Act (FEMA) Regulations
- For Allotment of Shares directly to Non-resident subscribers to MOA
- (Restricted to Initial Subscription)
- Online Intimation of receipt of funds to Reserve Bank of India (RBI) through Authorized Dealer (AD) Bank in prescribed format along with the details of capital infusion
- Preparing and Filing Online Form FC-GPR with allied documents through Authorized Dealer (Category — I bank) with RBI
- Resolving queries, if any raised by the RBI and banker on documents submitted and obtaining RBI acknowledgment confirming FC-GPR taken on their records
Post Incorporation Business Registrations, As applicable
- Under Income Tax Act, 1961
- Permanent Account Number (PAN)
- Tax Deducted at Source Number (TAN)
- Profession Tax Registration under state laws (Employer and Employee)
- Importer Exporter Code (IEC)
- Shops and Establishments License under local laws
- Goods and Services Tax (GST) - Single location only
Work Location
- EBS will help the client to coordinate with real estate companies/brokerage firms or brokers in search of office space
- Tenant representation: Find the right space (Individual / Co- working spaces) for your workforce and business, negotiate lease or rent terms under the best terms
- Find the interior decorators / commercial furniture's & fixtures
- Find suppliers & providers for IT infra
- Find a Security agency & Housekeeping agency
Hiring models & Services provided
- Recruiting talents on, Direct hiring / Contract / Shared Services
- Recruitment: Onetime permanent placement: We handle Junior to Sr. Level Positions
- Recruitment: Executive Search – C level /Top Level Executive Search on a retainer basis
- Temporary contract staffing (Contract Staffing / Contract to Hire)
- Campus & Off-Campus placements
- Payroll & Statutory services – EPF, ESI, PT HR Consulting- Policy formation, Employee Engagement, Training & Development HRMS Solutions RPO solutions
- EBS provides shared services for support functions like IT - support , HR & Admin, Accounting
- Outsourcing: Statutory functions: EPF, ESI, PT, Shops & Establishment, Labor Laws / GST Filing, TDS Filing, Income tax filing, ROC Filing, Legal, Auditor & Company Secretary
BPO Services currently offered to USA & UK clients
- Currently, we support a Law firm in the USA, and an Aeronautical spares & Defense equipment manufacturer in the UK (Night & Mid Shifts)
- We provide them the following services from India with 50+ people as a workforce
- Reliable Paralegal Support. From attending calls from clients to overall coordination till the final judgment of the case
- A legal team that maintains confidentiality while working vigorously to achieve the dynamic demands of clients
- A focused IT Team that can manage all required IT services remotely
- IT Technical support
- Personal secretary for the Lawyers in the US
- Customer support: Inbound & Out bound / Voice & Emails
- Finance & Accounts
- SEO team that improves their business with sales leads.
- Document Writers