Secretarial Audit
Secretarial Audit for your entity
Elevate your corporate governance standards with our comprehensive Secretarial Audit solutions, tailored for your success, only at Vakilify.
Benefits
• A reliable system for ensuring adherence to the rules of law and procedure.
• Secretarial Audit liberates directors to focus on critical business endeavors by handling legal and procedural requirements.
• Confers a sense of assurance to directors, Key Managerial Personnel, and other stakeholders.
• Enhances the reputation of a company with regulators and stakeholders alike.
• Aids investors in evaluating companies' compliance levels, thereby bolstering reputation.
• Serves as an effective governance and compliance risk management tool.
Procedure
• Conduct consultations with management to delineate the audit's scope and establish professional fees.
• Identify the scope and activities to be undertaken during the audit.
• Issue an engagement letter outlining the terms and conditions of the audit appointment.
• Plan the audit procedure, including the areas of laws to be covered, visitation dates, and estimated duration.
• Conduct the audit meticulously, documenting all observations and findings.
• Submit the final Audit report, formatted as MR-3, duly authenticated by the Company Secretary in Practice.
Documents Required
• Charter Documents
• Previous year's Secretarial Audit Report
• Minutes and Notices of Board and General Meetings
• Audited financial statements
• Annual Performance Reports, Lease Deed, LUT cum Bond, softex returns (if applicable to SEZ)
• Filings with other statutory bodies
• ECB Returns (if the company has foreign borrowings)
• Filings & Intimations with Registrar of Companies, Stock Exchanges, Newspaper Advertisements
• Statutory Registers
• Details of sitting fees and Remuneration paid to directors
• Proof of CSR expenditure
• Disclosures and Declarations for code of conduct from directors
• RBI filings (If the company has foreign investment)
• Registers maintained under Labour Laws
• SAST Disclosures
• Bank account details for dividend payouts
Why Vakilify?
• Access to experienced secretarial auditors.
• Guidance in meeting regulatory obligations.
• On-demand expert assistance available.
• Monitoring of processes and procedures by LawDocs ensures compliance.
FAQs
What is payroll management, and why is it important for businesses?
Payroll management involves the administration of employee salaries, wages, bonuses, deductions, and taxes. It's essential for businesses to ensure accurate and timely payroll processing to maintain employee satisfaction, comply with tax regulations, and effectively manage finances.
How can Vakilify's payroll management services benefit my business?
Vakilify's payroll management services streamline payroll processes, minimize errors, ensure compliance with tax laws, and free up valuable time for business owners to focus on core operations. Our expert team provides personalized support to meet specific payroll needs and challenges.
Can Vakilify handle payroll management for businesses of all sizes?
Yes, Vakilify offers payroll management services tailored to businesses of all sizes, from startups to large enterprises. Whether you have a few employees or a complex workforce structure, our flexible solutions can accommodate your payroll needs effectively.
How does Vakilify ensure accuracy and compliance in payroll processing?
Vakilify employs experienced payroll professionals who use advanced software systems and meticulous review processes to ensure accuracy and compliance in payroll processing. We stay updated with tax laws and regulations to mitigate risks and ensure reliable payroll management.
How can businesses get started with Vakilify's payroll management services?
Getting started with Vakilify's payroll management services is simple. Contact us through our website or customer support channels to discuss your payroll needs. Our team will work with you to develop a customized solution that meets your business requirements and ensures seamless payroll processing.