meet our ceo · taxmantra is a professional services firm rendering business startup, fund raising,...

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Taxmantra.com is a professional services firm rendering business startup, fund raising, tax & regulatory compliance services to businesses & individuals in India, US, Singapore and middle east. One Stop Solution - Quality - Flexibility Why Taxmantra.com? 100% transparency - Mature Processes Honest Advice – 100 % Client centric approach 100 % Compliance Guaranteed Local presence in 100 cities & more 30+ years of experience within the group State of Art Infrastructure - Confidentiality Ensured 5000+ Businesses Incorporated 8000+ Businesses Managed $100m + Funding Assisted 300K + Tax Returns Filed 30+ years of experience

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Page 1: Meet our CEO · Taxmantra is a professional services firm rendering business startup, fund raising, Tax & Regulatory compliance services to ... and legal services under one roof

Taxmantra.com is a professional services firm rendering business startup, fund raising, tax & regulatory compliance services to businesses & individuals in India, US, Singapore and middle east.

One Stop Solution - Quality - Flexibility

Why Taxmantra.com?

100% transparency - Mature ProcessesHonest Advice – 100 % Client centric approach100 % Compliance Guaranteed

Local presence in 100 cities & more

30+ years of experience within the groupState of Art Infrastructure - Confidentiality Ensured

5000+Businesses Incorporated

8000+Businesses Managed

$100m +Funding Assisted

300K +Tax Returns Filed

30+years of experience

Page 2: Meet our CEO · Taxmantra is a professional services firm rendering business startup, fund raising, Tax & Regulatory compliance services to ... and legal services under one roof

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Who we are

Meet our CEO

Taxmantra is a professional services firm rendering business startup, fund raising, Tax & Regulatory compliance services to Businesses & Individuals in India, US, Singapore and middle east. Taxmantra Group has been in existence since the year 1983. We have a set of shared values, a common code of conduct and client delivery guidelines which binds us with our network firms irrespective of location. We leverage our global presence by fostering collaboration and sharing of resources among member firms all over the world. We are extremely client centric having a personalized approach to each client delivery, resolving the day to day complex and intrinsic issues of businesses and making their lives hassle free.

Alok Patnia, CEO of Taxmantra.com has been actively involved with startups, advising, mentoring and providing them with necessary hand holding with regards to funding and compliance issues.

These include intrinsic issues like Entity Structuring, Funding, Tax and Regulatory compliances and allied issues. He has sharp insights on the business starting-up and maintenance issues. He is a qualified Chartered Accountant and a commerce bachelor from St. Xavier’s College having post qualification exposure with Ernst and Young and KPMG at Bangalore.

He has also been associated with Moneycontrol as subject matter expert on taxation. He is also a regular contributor on startup centric forums like Yourstory.com and Inc42.com.Alok has been an active part of NASSCOM 10000 Startups program in mentoring and counselling a upcoming entrepreneurs. He is currently authoring a book on the emerging startup scenario in India, which is slated to release by the year 2016.

Team Taxmantra.com majorly comprises of qualified chartered accountants, company secretaries and lawyers.

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Our Chief MentorCA RK PatniaThe stepping stone of the business was laid by our Chief Mentor, CA Rabindra Kumar Patnia, practicing chartered accountant since 1983. He is the past president of Income Tax Bar Association and also past chairman of The Institute of Chartered Accountants of India (ICAI). He has vast experience in the field of tax and advisory and very well known for his technical expertise in handling of income tax search and raid assessment especially.

The biggest mile stone that we have achieved till date is an unconditional leadership of bringing the entire gamut of tax and legal services under one roof. We have been impacting 8000+businesses in India. We have recently initiated our “Taxes Less Taxing” initiative for start-ups and SMEs on PAN India basis. This initiative comprises of awarenesscampaigns, one-to-one mentoring sessions, for business owners and decision makers.

This initiative is a stepping stone towards our vision of helping 50K+ businesses in making their taxes hassle free thus creating easy business maintenance and starting up environment.

Journey so far

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All services under one roof

How has Taxmantra been different

No requirement to visit our office

A single Point of Contact for your Assignment

Fully Customized Packages30+ years of

experience within the group

Presence in more than 100 cities of India and abroad

Incorporating over 5000+ businesses

Authorized E-Return Intermediary by IT Department.

Secured Remote Access and Online Management of Assignment

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Services offeredin detail

Business Incorporation Services

Taxmantra.com has brought the full gamut of accounting, taxation and financial service on a single online platform under four broad service heads: Business Starting Up, Business Maintenance, Funding &Term Sheet Assistance and Individual Taxation.

Business Incorporation Services aims to help business owners in starting up their own ventures. In this, we help startups choose the right type of entity for their businesses and in incorporation of private limited company, Limited Liability Partnerships (LLPs), One Person Companies (OPCs) and obtaining local state specific registrations.

Business maintenance ServicesBusiness maintenance Services comprises of services such as accounting, auditing assistance, Taxation, Company Law (ROC), Service tax and all other services related to business maintenance covering both Corporate and Non Corporate Entity. This involves the day to day tax and accounting services for businesses, meeting the statutory due dates, thereby keeping them in safe compliance harbor.

Funding and Term Sheet AssistanceFunding and Term Sheet Assistance service comprises of services like preparation of business pitch, valuation of businesses, term sheet and shareholding agreement review. This service has been specifically tailored by us in order to suit the requirements of start-ups.

Individual Taxation ServicesIndividual Taxation Services, includes services like Online return filing services, Tax planning an save taxes service, Tax refunds services, ITR Rectification Assistance in allotment/ Correction/ Surrender of PAN number/ Issuance of Digital signature certificates and all other services related to individual taxation, covering both Salaried and Non-Salaried Individuals.

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Business Starting Up ServicesThe Taxmantra Business Incorporation service assists prospective start-ups in registering their business in India, US and Singapore. Starting Up services can be further segregated into:

A Private Limited Company anywhere in India

Shops & Establishment and Trade License

A One Person Company anywhere in India

Professional Tax

A Limited Liability Partnership anywhere in India

Provident Fund and Employees’ Stock Insurance

An Offshore business entity in US & Singapore

Service Tax and VAT/CST License

Entity Formation:Our Entity Formation Services are specifically designed to assist prospective business owners with the much required counselling and guidance regarding the structuring of their entity. Our Startup Counselling service aims to delve into the business model of the Startups, study the market options and help them register as:

Local State Specific Registrations:As a part of our Business Starting Up Services, we also assist start-ups in obtaining various state specific licenses like:

Import-Export Code (IEC) License

Food Safety and Security (FSSAI) License

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Business Maintenance Services: Under retainership service, we manage complete tax and regulatory compliances on your behalf, which would make you focus just on your business.

There would be a specialized service team assigned to each assignment involving accounting, corporate law and taxation services with a Single Point of Contact (SPC) to co-ordinate the entire project.

It would not be a prudent decision for small businesses and new businesses to hire a CFO or full time senior accountant to take care and do hand-holding for all the necessary tax and regulatory compliances.

The idea behind the retainership service module is to work as an outsourced accounts and tax team for businesses who either do not have time or resource to actually get involved themselves or hire someone dedicated.

Our key service offerings:

Book-Keeping & Finalization of Accounts Every business entity needs to prepare and maintain proper books of accounts and statement of its assets and liabilities, expenses and revenue. We assist in this by way of providing a holistic package of services including punching of all financial data in recognized accounting software, finalization of accounts, reporting of Balance Sheet and Profit & Loss Account, day books, ledgers and Trial Balance, on real time basis.

Income Tax Returns Filing Businesses has to file its returns with the Income Tax department, irrespective of its status of business. We assist in preparation of the Income Tax Returns, in deriving TDS statements, claiming refunds, TDS credits along with much required day to day consultancy and tax planning.

TDS Compliances

TDS compliances can be bifurcated into two parts- TDS payments and TDS return filing. Our Escrow service helps businesses in monthly calculation and payment of TDS. Along with this, we also assist with the quarterly TDS return filing, generation of TDS certificates and deposit of quarterly forms.

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Employee Payroll CompliancesIn employee payroll compliances, we assist in various components of employee payroll in close proximity with the management of the company. This includes computing and deducting tax collected at source, professional tax, issuing payslips and generating TDS certificates.

Domestic Tax Advisory & Compliances Our expert Tax Managers who work continuously on the various facets of the assignments and provide their inputs on improvising the problem areas and assisting with the complicated tax and regulatory issues.

Company law Advisory & ROC CompliancesOur team of experienced lawyers, Chartered Accountants and Company Secretaries assist businesses with various issues of the companies like entity structuring, foreign exchange management rules, FDI compliances. We also assist businesses with various filings with the Registrar of Companies.

Service Tax Compliances By way of this service, we assist businesses with all the compliances related to Service Tax, including monthly service tax computation and payment. We also assist with the filing of the semi-annual service tax returns.

Statutory & Tax Audit Compliances Every company has to mandatorily get its books audited by a Chartered Accountant. In this, we assist businesses in carrying out the auditing procedures which shall be duly certified by a Chartered Accountant which shall serve the purpose of Certification, through an independent chartered accountant firm.

VAT and local tax CompliancesWe also offer customized services for state specific compliance like VAT/CST compliances which includes monthly VAT computations, payment and quarterly return filing.

Our key service offerings:

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Drafting of Agreements & Contracts We offer specialized customized packages for drafting of various agreements and contracts like Non-Disclosure Agreements (NDAs), Non-Compete Agreements (NCAs), Lease Agreements, Loan Agreements, Shareholding Agreements and so on.

RoC & Secretarial Practices Every business has to file its return with the RoC every year. Additionally, private limited companies are also required to maintain its secretarial records with respect to its statutory Board Meetings and registers. We offer various customized options for meeting this compliance depending upon the nature of business.

Event Based RoC Compliances

Amend Your Business- Apart from the yearly compliances, every business might have occasional compliances to take care of, like increasing its capital, change of its registered office, its members and directors and such allied activities. We assist businesses in executing such changes, advising the best options, preparing and filing of such documents with the RoC.

International Tax & Transfer Pricing CompliancesFor any cross border transactions, entity set up and management, we have our expert team to advice businesses in complying with issues involving International Taxation and Transfer Pricing norms.

Employee Stock Option (ESOP) ESOPs are the most innovative tools in startup scenario right now. It serves a horde of purposes like retention of employees, awarding them for their contribution, aligning their objectives with that of the company. We assist companies in full implementation of the ESOP scheme in their company, drafting and execution of ESOP Grants and their Accounting and Valuation.

Business ValuationBusiness Valuation is required for various purposes like obtaining investments, further issue of shares. A business valuation has to be conducted by an Independent Valuer in accordance with the statues of the Income Tax Department. Certified Valuer from our team would assist businesses in preparation of the Valuation Report and certification thereof.

Our key service offerings:

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Advisory ServicesFor resolving the intrinsic day to day issues of Businesses, we have put forward our “Advisory Services” module. By way of this service, we assist business in their entity structuring, startup counselling and various other advisory services in fields of Income Tax, Corporate Law, Labor Laws.

Assistance in Litigations and Representations By way of this service, we assist businesses in scrutiny assessments, litigations and appeals related to various departments like Income Tax, Corporate Law, Labor Laws, VAT/CST.

Obtaining Trademarks, Patents and CopyrightsWe have our authorized lawyers and advocates who help businesses in the entire process of obtaining Trademarks, Patents and Copyrights.

TM

Our key service offerings:

Our Funding and Term Sheet Assistance provides a holistic range of services with respect to Funding and Term Sheets, especially for Startups. The key to a successful funding is a successful business pitch supported by a business valuation and a strong internal control system to pass the Due Diligence Check of the Investors.

Preparation of a suitable business pitch

Reviewing and assisting with Term Sheets

Assisting with Due Diligence Investigation

Funding & Term Sheet Assistance

Our key service offerings: Forensics of

Internal Control Systems

Review of Shareholding Purchase Agreements

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Our Individual Taxation Services covers services like Online return filing services, Tax planning and save taxes service, Tax refunds services, ITR Rectification Assistance in allotment/ Correction/ Surrender of PAN number/ Issuance of Digital signature certificates and all other services related to individual taxation, covering both Salaried and Non-Salaried Individuals.

We offer complete online income tax filing solutions and to keep its users totally hassle free, wherein the users have to just email their details and documents, and our tax expert gets in touch with the user to file the online income tax returns.

Individual Taxation Services

Key Benefits of e-filing Income Tax Return with Taxmantra.com

Key benefits of filing tax return with us

Tax return is being reviewed by a qualified tax expert with 30+ years of experience within the Group

Personalized Care by CA & Tax Experts

Faster processing of returns and refunds as the online income tax returns filed through Taxmantra.com (E-Return Intermediary) gets priority

Full Support by Phone, Mails, also Personal Data Security Assured

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Taxmantra vis-à-vis Local Traditional CA Firms

Taxmantra’s Strategic Focus

Local Traditional CA Firms

All services under one roof and hence no requirement of alternate consultant.

30+ years of experience within the group- An Excellent mix of Youth and Experience.

A single Point of Contact for your Assignment. No repeated enquires with to and fro exchange of Data.

100% Confidentiality Assured-Secured Data with cloud backup and signed NDAs within organization and collaborators.

No requirement to visit our office. Online exchange of details and documents for faster processing of work.

Presence in more than 100 cities of India and abroad-All your local litigation and appeals in a place.

Fully customized startup friendly packages. No standard fees! Customize your Package and Pay as per your Requirement!

Specialized only in a particular type of service. Hence, much time of business owners is spent in co-ordinating among various consultants.

To and fro exchange of same data between multiple consultants.

Traditional Methods of operations with minimum security and risk of data theft or mismanagement.

Traditional methods of business maintenance requiring physical presence of business owners, resulting in slow processing of work.

Limited local presence and inapt in handling complicated litigations and representations.

Standard pricing with limited scope of customization owing to limited services offerings.

?

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Our Happy Clients Say

“We have never worked with any team who is as dedicated as Taxmantra, both me and Ishita have really loved working with you guys. We have also started recommending you to whomever we know is starting a company! I was once told that the difference between business’ success many a times comes to the abilities of their CA’s. The greatest part about Taxmantra team is their transparency both in terms of deadlines and their cost structure, where in traditional CA’s lag far far behind. We look forward to a long working relationship with them and highly recommend them especially to start-up’s.”

Devi Prasad Biswal Co-Founder, CCR Designer Closet Private Limited

“We used Taxmantra.com to register our Pvt Ltd company over the last couple months. It was not a straightforward process but they made it a smooth ride for us. Their executives were responsive and communicated everything in a timely manner. Highly recommended service for startups & new businesses.”

Ankur Shukla Co-Founder, Hiode Technologies Private Limited

“Guys, if you are looking for a CA who will travel your start-up journey with you, it has to be Taxmantra.com. Alok has given us support at every step possible, sometimes not even charging for it (on many occasions) just because he cares. And, you have absolutely no clue how much I harass Vivekananda and the others in the team - with delays, super delays, weird queries, and what not - and they don’t even flinch, let alone complain And, I really don’t know what we would do without their help.”

Priyadeep Sinha Founder, GyaanLab

“I am so thankful that I choose Taxmantra.com. They have got excellent expertise in their field and incredible support team.”

K. K. Agarwal ( Ex-Railway Board Member, Delhi )

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“As a growing company you dont neeed a gyan company to manage your finance/accounts/taxes, you need someone who knows HOW TO GET THINGS DONE. Taxmantra.com is a PROBLEM SOLVING company, best for any growing company. Taxmantra.com has helped TechShu a lot in its growth.”

“Thanks to Taxmantra, now I can fully focus on my profession and dont have to think and worry about tax and other complaince issue. Best wishes.”

Aji Issac Mathew Founder and CEO at TechShu

Dr. Prafulla Bidwe ( Practicing doctor from Pune )

“Taxmantra is unarguably the best website for any tax-related matter that you might have. Very easy to use and the ticketing system is highly intuitive and user-friendly. I used their service during the peak tax season and was amazingly surprised by the fast responses and turnaround time. Since then I have recommended the service to several friends and family members who have been nothing but delighted by the service.”

Abhash Kumar

“Being a college entrepreneur, these legal tasks often come across a boring. Taxmantra has freed up my time in these respects, improving the productivity and minimizing lapses. Taxmantra has also served as an advisor and mentor in different aspects of our investment process. I would recommend Taxmantra for these kinds of funding and investment solutions.”

Gaurav Dahake Co-Founder, Buyhatke Internet Private Limited

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Some of Our Happy Clients

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Some of Our Happy Clients

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Memberships & Tie Ups

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Knowledge Leadership

We have been trying to impact a larger audience, keeping them updated about all the changes in the tax and finance regime by contributing to startup centric forums like YourStory, Moneycontrol, Inc42 - 1000+ contributions

We also have been promoting awareness among the youth and budding entrepreneurs about issues related to starting up, obtaining investments and business maintenance through YouTube – 5M+ views

We have also rolled out a nation-wide series of one to one mentoring session for startups and SMEs on tax and regulatory issues that businesses face on a daily basis- 100+ one to one mentoring sessions conducted

We have also initiated The Impact Drive, wherein we have been impacting the lives of the startups by way of workshops and seminars- 50+ workshops conducted nation wide

5M+ Views

Impacting businesses all over the world by creating awareness among business owners about the general health of their businesses through our Knowledge Blogs- 5000+ blogs

Page 19: Meet our CEO · Taxmantra is a professional services firm rendering business startup, fund raising, Tax & Regulatory compliance services to ... and legal services under one roof

: https://taxmantra.com

: +91 9038335433 / +91 8820820811

: [email protected]