aspects of the business. We K J S And Associates provides you with all the services of a CFO, except, the CFO wonâ€™t be a full time employee. Our CFO may not be present on-site all the time but will always be there when you need him/her.
Depending on the size and the growth stage of your company, we provide a flexible engagement model, enabling you to increase/decrease engagement levels, thereby giving you the opportunity of having the best CFO talent assisting you, based on your needs. Our ongoing Virtual CFO retainer engagements can be as low as 2 hours a week and can go as high as 35 hours a week. This flexible engagement model will help you keep your CFO costs variable and low but the experience will always remain enriching and memorable.
Chief Financial Officer, popularly known by its acronym, CFO, is a critical person that shoulders the responsibility of one of the most important elements of every business, and thatâ€™s money! Larger organizations, or weâ€™d say, the richer and financially stable organizations recruit and appoint CFOs for their organization to manage various financial aspects of the organization. Nevertheless, for the smaller ones such as SMEs, or startups that donâ€™t yet have the bandwidth to nurture in-house CFOs, K J S And Associates offers CFO consulting services. Our virtual CFO services for startups help such organizations to manage their finances well. As compared to recruiting a full-time CFO for the company, our virtual CFO services offer flexible, cost-effective, accurate and prompt financial services through teleconferencing, video conferencing and the likes.
Our solution goes beyond the day-to-day bookkeeping tasks. We establish robust processes and controls during the first phase of our engagement, ensuring prudent risk management for clients and smooth day-to-day functioning for the clientâ€™s operations team. We provide advice and bring in best practices in finance and accounts for the client. We provide customized and timely MIS and Reporting to our services typically include book-keeping, payroll management, vendor payments, receivables management, taxation, compliance management, secretarial, fund management and MIS reporting. We work on a retainer ship model for accounts outsourcing assignments.
Virtual CFO services with K J S And Associates bring in a lot of advantages on the table. Some of these are enlisted below.
Not required to hire a full-time CFO and pay hefty salary
Considerable cost saving
Comprehensive financial management
Multiple services included in a single virtual CFO fee
Professional CFO services
Additional time and bandwidth to focus on the core aspects of your business
Virtual CFO services for a wide range of businesses.
Limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. Limited Liability Partnership is managed as per the LLP Agreement.
To incorporate a Limited Liability Partnership, a minimum of two people are required. A Limited Liability Partnership must have a minimum of two Partners and can have a maximum of any number of Partners.
The Designated Partners needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, the LLP Act 2008 allows Foreign Nationals including Foreign Companies & LLPs to incorporate a LLP in India provided at least one designated partner is resident of India.
You can start a Limited Liability Partnership with any amount of capital. There is no requirement to show proof of capital invested during the incorporation process. Partner's contribution may consist of both tangible and/or intangible property and any other benefit to the LLP.
An address in India where the registered office of the LLP will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.
LLPs are required to file an annual filing with the Registrar each year. However, if the LLP has a turnover of less than Rs.40 lakhs and/or has a capital contribution of less than Rs.25 lakhs, the financial statements do not have to be audited.
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