CERTIFICATION & LICENSE
Certifications and Licenses for Growth, Compliance, and Safety
At K Alok & Associates, we recognize the critical role that certifications and licenses play in ensuring legal compliance, enhancing business credibility, and unlocking new opportunities for growth. Our firm is dedicated to guiding you through the complex process of obtaining and managing these certifications and licenses, ensuring your business is strategically positioned for success. Our team of experts provides personalized assistance tailored to meet your unique needs, helping you navigate the regulatory landscape with ease.
Certificates and Licenses from Authorities
We offer thorough support in securing essential certificates and licenses, which are crucial for legal compliance and operational efficiency:
MSME Certificate: Issued under the guidelines of the Ministry of MSME, this certificate is vital for businesses classified as Micro, Small, or Medium Enterprises. It allows access to various benefits such as financial subsidies, tax incentives, and easier credit access. The certificate aids in improving the financial health of small and medium-sized businesses by providing government-backed support and resources.
Trademark Certificate: Obtained from the government, a Trademark Certificate protects your brand’s name, logo, or slogan from unauthorized use. This certificate provides legal exclusivity, ensuring that your intellectual property is safeguarded. It is crucial for establishing and protecting your brand identity, preventing infringement, and enhancing market recognition.
Trade License: The Municipal Corporation of Delhi (MCD) issues this license, which is essential for regulating various trade activities within the city. According to Section 417 of the Delhi Municipal Corporation (DMC) Act-1957, businesses engaged in general trade or storage of specified items must obtain this license. It ensures compliance with local regulations, facilitates lawful operations, and helps in maintaining public health and safety standards.
ISO Certificate: An ISO (International Organization for Standardization) Certificate signifies adherence to international standards in quality, environmental management, and information security. Common certifications include ISO 9001 (Quality Management), ISO 14001 (Environmental Management), and ISO 27001 (Information Security Management). Achieving ISO certification demonstrates your commitment to quality and best practices, enhancing your business’s credibility and competitive edge.
FSSAI License: Required for all food businesses in India, the Food Safety and Standards Authority of India (FSSAI) License ensures that your food products meet established safety standards. This license is essential for ensuring consumer safety, meeting regulatory requirements, and building trust in your food products. It covers aspects such as food handling, storage, and distribution practices.
MCD Factory License: For businesses operating factories in Delhi, the Municipal Corporation of Delhi (MCD) Factory License is mandatory. This license ensures that your factory complies with local safety, health, and environmental regulations. It is crucial for maintaining operational standards and ensuring a safe working environment for employees.
Import & Export License: The Import Export Code (IEC), issued by the Directorate General of Foreign Trade (DGFT), is essential for businesses involved in international trade. This license is required for importing and exporting goods and services, facilitating smooth cross-border transactions and compliance with international trade regulations.
PSARA License: Under the Private Security Agencies (Regulation) Act (PSARA), this license is necessary for operating private security agencies in India. It ensures that security agencies meet regulatory requirements regarding the training and conduct of security personnel, thus maintaining high standards of security services.
Certificates and Attestation from Chartered Accountants
Our expertise extends to providing certification and attestation services in various areas, including:
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Income Tax Act 1961 Certification: Certification for compliance with the Income Tax Act, including accurate tax reporting, planning, and verification. This certification ensures that your tax returns are correctly filed and compliant with tax laws.
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GST Law Certification: Certification related to Goods and Services Tax compliance, including accurate GST reporting, returns, and adherence to GST regulations. This helps in minimizing tax liabilities and avoiding penalties for non-compliance.
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Company Law Certification: Certification for adherence to the Companies Act, including statutory filings, corporate governance, and compliance with company law requirements. This certification supports legal compliance and enhances corporate transparency.
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Certification for LIC, Passport, Credit Card, etc.: Certification required for various applications and verifications related to Life Insurance Corporation (LIC), passports, credit cards, and other financial or legal documents.
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Banking Documents Certification: Certification of financial statements and banking documents for various purposes, including loan applications and financial assessments.
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Net Worth Certification: Verification of an individual’s or organization’s net worth for purposes such as bank finances, bank guarantees, visa issuance, student loans, and governmental tenders.
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Attestation and Certification under Various Laws: Certification required to comply with different legal and regulatory requirements, including verifying facts and figures for legal or business purposes.
Popularly Issued Certificates:
- Certificates Based on Financial Statements and Books of Accounts:
- Capital Contribution Certificate
- Gross Turnover Certificate
- Sundry Debtors Certificate
- Closing Stock Certificate
- Statutory Liabilities Certificate
- Certificates for Statutory Records:
- Required under laws such as the Companies Act 2013
- Merger and Demerger Certificates:
- Fair Value Certificate for Shares
- Buy-back of Shares
- Allotment of Shares
- Transfer of Shares (Resident to Non-resident and vice versa)
- Form 15 CB Certification:
- Issued under Income Tax Act, 1961 to determine TDS liability on payments to non-residents
- Net Worth Certificate:
- For Bank Finances
- Bank Guarantees
- Visa Issuance
- Student Study Loan
- Governmental Tenders
- Section 92 Certification:
- To determine the arm’s length price of transactions under the Income Tax Act 1961
- Fund Utilization/Grant Utilization Certificates:
- For NGOs, statutory bodies, autonomous bodies, and charitable organizations
- Deductions Certification:
- For claims under sections 80IA, 80IB, 10A, or 10B of the Income Tax Act 1961.
Additional Certifications:
- GST Act or Other Indirect Tax Laws Refund Claims: Certification for claims related to GST refunds and other indirect taxes, ensuring compliance and accurate refund processing.
- Exchange Control Legislation Certifications: For compliance with exchange control regulations related to imports, External Commercial Borrowings (ECB), Export-Oriented Units (EOU), DGFT, and remittances.
- Initial Public Offering (IPO) Related Certificates: Certification for IPO processes, ensuring compliance with regulatory requirements for public offerings.
- Privilege and Limitation Certificates: Issued under various laws and regulations, providing certification for specific legal or business privileges and limitations.
- Transfer Pricing Certificates: Certification for compliance with transfer pricing regulations, ensuring that inter-company transactions are conducted at arm’s length.
- Certificates for Different Exemptions: Under federal tax regulations, supporting claims for various tax exemptions.
Our mission is to provide expert guidance and comprehensive services that help you secure the necessary certifications and licenses, ensuring compliance, enhancing credibility, and supporting your business’s growth. Our personalized approach and deep understanding of regulatory requirements enable us to offer solutions that meet your specific needs. Contact us today to learn how we can assist you in achieving your business goals and navigating the complex world of certifications and licenses.