Every business carrying out a taxable supply of goods or services under GST regime and whose turnover exceeds the threshold limit of Rs. 20 lakh/ 10 Lakh as applicable will be required to register as a normal taxable person. This process is of registration is referred as GST registration.
GST registration is critical because it will entitle you to various benefits that are available under the GST regime. The biggest benefit is to avail seamless input tax credit.
An offender not paying tax or making short payments has to pay a penalty of 10% of the tax amount due subject to a minimum of Rs.10,000. The penalty will be high at 100% of the tax amount when the offender has evaded tax i.e., where there is a deliberate fraud. However, for other genuine errors, the penalty is 10% of the tax due.

At TaxBIZ, we provide end to end solutions for GST implementation. We brace you for the GST impact and ensure that the business flow is seamless as it was before. We provie tailored solutions for every client that suits their needs.

Documents needed for the same are :
• Aadhaar Card
• Bank Account Information
• DSC (Digital Signature)
• PAN Card
• Photograph
• Proof of appointment (For authorised signatories)
• Proof of Constitution of business
• Proof of principal / additional place of business

Private Limited Company is undoubtedly the most prevalent and popular type of corporate legal entity in India. Its incorporation is governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, a minimum of two shareholders and two directors are required (which can be the same or otherwise). A person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters.
Unique features of a private limited company are limited liability protection to shareholders, ability to raise equity funds, separate legal entity status and perpetual existence. These make it the one of the preferred type of business entity for all sizes of businesses.

Since the introduction of LLP in 2010, it has received an overwhelming response by businesses which includes formation of LLP and conversion to LLP.
The main advantage of a Limited Liability Partnership over a traditional partnership firm is that in a LLP, one partner is not responsible or liable for another partner's misconduct or negligence. A LLP also provides limited liability protection for the owners from the debts of the LLP. Therefore, all partners in a LLP enjoy a form of limited liability protection for each individual's protection within the partnership, similar to that of the shareholders of a private limited company. However, unlike private limited company shareholder, the partners of a LLP have the right to manage the business directly.
LLP is one of the easiest form of business to incorporate and manage in India. With an easy incorporation process and simple compliance formalities, LLP is preferred by Professionals, Micro and Small businesses that are family owned or closely-held.

The idea of One Person Company (OPC) in India was introduced under the Companies Act, 2013 which mainly intended to give a boost to entrepreneurs who have great potential to start their own venture by allowing them to create a single person company wihtout having to worry about all the complex and tedious processes of forming a normal private limited company.
The key benefits under One Person Company are :
• Only one member is required.
• Unaffected by death of member or change in ownership.
• Easy to set up and maintain comparatively.
• Limits the liabilities of its members
• Minimal Paperwork is required.
• Can act as Stockbroker or Sub-broker
• Not many compliances

We at TaxBIZ aim to provide you with hazzle free solutions for all your incorporation needs which may start with choosing the best structure suitable for your needs.
We offer a variety of business registration like LLP registration, private limited company registration, one person company registration, Nidhi Company Registration, Section 8 Company Registration , Producer Company Registration and Indian Subsidiary registration. The average time taken to complete a registration is about 10 - 15 working days, subject to government processing time and client document submission.

A Partnership is a business structure in which two or more individuals manage and operate a business in accordance with the terms and goals set out in the PartnershipDeed. Partnership registration is relatively easy and is prevalent among small and medium sized businesses in the unorganized sectors.
The terms of the Partnership Deed can be varied to suit the interests of the partners and can even be made contrary to the Indian Partnership Act, 1932 but if the Partnership Deed is silent on any point, then the provisions of the Act would apply.
This is an old school traditional model of business structure which might still hold good for businesses with small size of oprations and especially those which are held between closely associated group of persons. Forming a partnership is relatively easy and compliances
At TaxBIZ, you just need to handover a few set of documents and relax while we get the things done for you.

Timely and accurate record keeping is an invaluable tool that has a great probability of being overlooked in the daily effort to keep your business running smoothly. With increased digitisation in the entire process, record keeping should now be categorised into a real time activity under the GST regime. Under such changing scenarios, we at TaxBIZ, help you maximize the productivity and at the same time minimise your resources in the record keeping activity, by providing financial analyses explaining where your cash is going and how your business is performing.
SERVICES INCLUDE:
• Bank and credit card account reconciliations
• Monthly and year-to-date financial reports
• Preparation of GST returns
• Timely advice for urgent actions to be taken based on the business analysis

Although payroll processing may be an administrative and routine function, your employees expect you to get it right every time. What does getting it right exactly mean? It means savings in time, cost and effort without compromising on compliances and at the same time being high on employee satisfaction and trust.
At TaxBIZ, we are re-inventing how you think about payroll processing. A combination of excellent customer service and technology driven tools are key to getting your payroll processing organized and hazzle free.
We give you peace of mind when you:
Know that every reporting and payroll processing will happen on time
Have disaster recovery and business continuity plan to ensure you never lose your data
Have a focal point of contact with us to ensure that your needs are always addressed timely and effectively

Every tax payer wants to have an investment which gives tax benefits and at the same time better returns. At TaxBIZ, we understand one thing that every client is unique with his investment objectives and hence aim to provide custom investment solutions which maximise benefits to clients. With expert team onboard let us take care of you financial planning which will maximise your returns as well as give you optimum tax benefits.

Being registered with the Ministry of Corporate implies that there will be some records that will have to be maintained by the Company / LLP. Further there will be few returns / forms that will have to filed with the MCA during the year and at the year end.
Beat the complexity with ease when you are with TaxBIZ!

For every organization legal documentation in exact order is of a paramount importance. Often it is observed that a critical legal document when not vetted accurately, loopholes in the same prove to be nightmares. Documentation circumspheres Registration, Will, MOU, Deed of various types, Commercial Documentation etc. We at TaxBIZ provide in-house documentation services of all types which includes drafting of various deeds, documents, agreements, venture deeds, collaboration agreements, gift deeds, wills, probate petitions, General Power of Attorney, Special Power of Attorney, Notary etc. We offer cost effective and quality services within specified time frame.

The Memorandum of Associations and Articles of Associations of the company which the are the 2 most important documents of any company which govern the operations of the company and the way in which the organisation will work.
These documents are the backbone of the company's legal existence and modus operandi, therefore are of a paramount importance for any company. We at TaxBIZ, with all the required experience and expertise, make this uphill task a simple one fo you. We strive to strike a balance between accuracy and timely completion of work in order to maximise benefits for our clients.