Choosing a structure which will best suit your business is a crucial decision for any startup. We at NCC, with our comprehensive understanding of the regulatory and legal framework can help you design the most tax efficient structure with minimal risk involved. Our team will assist you through the entire process of designing the best structure and obtaining registration under various laws.
Due Diligence
Due diligence is a fundamental part of any fundraising, whether Series A or B or C. Monetizing your idea by asking investors to invest in it is the most important phase for any startup. This is when due diligence becomes key for every investor to analyse the viability of their investment along with the risk attached to it. We at NCC, are well versed with such requirements and ensure that your startup practices are up to standard. Our team at NCC has vast experience in carrying out financial, legal, technical (Intellectual property portfolio), corporate structure and equity due diligence for startups across industries.
Filing patents/Intellectual property/trade mark
Scrutinising your intellectual property portfolio along with any possible disputes about intellectual property is significant to the investor as well as the startup. Since most businesses don't have the in-house competence to manage their IP issues, our team at NCC shall help you in filing and disposal of IP applications related to patents, trademarks and design under relevant acts and assist in facilitating startups intellectual property protection at a much lower cost.
Assistance in drafting key contracts
Well drafted and clearly defined contracts are imperative to prevent any disagreement or disputes in the long run. With every comma or colon changing the meaning of clauses in their entirety , it is vital for any startup to understand their core customer, employee and vendor contracts to minimize the probability of any litigation on account of any disagreement.Our team at NCC is highly skilled and experienced in designing and reviewing such contracts. We ensure that startups are exposed to minimal risk , hence facilitating smooth compliance for both parties.
Process design and development
Effective processes are of great importance for any startup as soon as they begin scaling their business. Hence, investing in hiring experienced professionals for designing efficient and effective processes will help earn dividends in the long run. Designing a viable and a cost effective process requires ongoing collaboration with the employees and management. Our team's experience and expertise can help you customize key processes and also validate such processes from time to time.
Working capital management
One of the key struggles for every startup is managing their working capital. Efficient working capital is an integral part of sustainable growth. We, at NCC, provide assistance in managing your working capital more effectively by monitoring your inventory process, investment decisions, credit policy, procurement process, vendor payments and alternative funding strategies to make certain that you reap maximum return at a low cost.
Payroll solution
Staying compliant as per Government guidelines is a challenge for most startups. We provide assistance to startups by managing their human resource and labour compliances relating to Provident funds, Employees' State Insurance, Tax deduction at source and Income tax. We also provide advisory services to ensure that the company is complying with the legal requirements under the Labor and Employment law and help save resources, time and most importantly, avoid errors.
Tax Planning and advisory
Companies face intense scrutiny over their tax affairs, from both their stakeholders and the government. Getting mired in the tax process is not only time consuming for our clients, but also costly. At NCC, our team of professionals is well equipped to help our clients navigate the myriad complexities in the ever-changing tax regime. Our services can be altered as per your needs to ensure strict compliance with timelines and all legal requirements in all matters related to direct taxation, indirect taxation, transfer pricing and international taxation.
End to end accounting services
Reparing accurate records and financial statements as per regulations and filing all the paperwork can be cumbersome, which can distract your staff from daily business activity. At NCC our team is well positioned to prepare accurate financial statements which will be fully compliant with the relevant accounting standards. Post the process, we provide our clients with advisory services to help them understand their business's financial position and take necessary steps for growth.
RBI/FEMA compliances
Foreign Direct investment has been an important source of funds for startups which is regulated under the Foreign Exchange Management Act, 2000 governed by the Reserve Bank of India. Any non compliance may lead to penal implications. Our team has extensive experience in providing consulting services with respect to inbound structuring, obtaining approvals as per requirements under FEMA/RBI and assisting in FEMA compliances as per statutory requirement.
Virtual CFO services
Strategic and financial decision making in the absence of designated team is a test for every startup. Our team at NCC is well equipped with the financial and legal expertise required to overcome this challenge. We assist in preparation of effective budgets and forecasts, planning cash flows, overseeing key financial functions, fund management, financial planning and provide cost effective tailor made solutions to ensure comprehensive financial management.
