- One Name Approval
- Authorised Capital 10 Lakhs
- Incorporation Certificate
- PAN Card
- TAN (TDS)
- MOA & AOA
- Share Certificate
- Company Compliance Booklet
Fill Basic Info. |
Upload KYC Documents |
Pay the Service Cost |
Documents verification by us |
Apply to Govt. Portal by us |
Submission & Get Certificates |
Inclusive of all taxes
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An asset management company (AMC) is a firm that invests pooled funds from clients, putting the capital to work through different investments including stocks, bonds, real estate, master limited partnerships, and more. Along with high-net-worth individual (HNWI) portfolios, AMCs manage hedge funds and pension plans, and—to better serve smaller investors—create pooled structures such as mutual funds, index funds, or exchange-traded funds (ETFs), which they can manage in a single centralized portfolio.
AMC company is suitable for all types of business whether services or products but for consultancy works like doctors, lawyers and chartered account services are suitable in Limited Liability Partnership instead of AMC company.
Every AMC company has to file an annual return to the ROC of respective States. AOC-4 and MGT-7 is required to file every year.as annual return.
Yes, a separate PAN card is required for an AMC company because a AMC is a separate entity from owners.
As per GST Act, GST registration is mandatory if turnover exceeds Rs 20/40 lakhs but practically many banks require a GST certificate at the time of opening a bank account.
GST monthly/quarterly return is mandatory for all types of business i.e. even in case of NIL turnover GST return is mandatory to file every month/quarterly.
Yes GST registration Number can be surrendered with valid reason
AMC Company is a corporate assessee however 25% or 30% income tax applicable on AMC company.
An Assets Management Company has a dependency on the honesty, integrity, and loyalty of the member and workers of the company is managed by amateurs as professional because high-end managers are not affordable because of lack of funds.
People are apprehensive before investing in the Assets Management Company as the company doesn't require licensing from RBI. An easy source of loan to members against collateral.
As a member, one can borrow money at a minimum rate, relative to the rate at which banks lend money. This can be a major advantage in times of need, as different individuals in the mutual benefit society are likely to need funds at different points in time.
An Assets Management Company encourages all its members to save money and encourages a thrifty lifestyle. An Assets Management Company, after all, is a mutual benefit society wherein members can lend or borrow money and accept financial aid amongst them.
Borrowing and lending to known persons, where the procedure is fixed, is much less complicated than dealing with banks or in an informal setting. An Assets Management Company enables its members to unlock the potential of their money and gain from lower interest rates when they require money themselves.
An Assets Management Company enjoys better credibility when compared to Mutual Benefit Organizations. Nidhi companies are registered and monitored by the Central Government. Mutual Benefits Organization is on the other hand governed and monitored by State Governments.
Income Tax- Every Private Company is required to file an Income Tax return in Every Year by providing 30% tax on the total income of companies.
Tax Audit– Mandatory in case sales, turnover or gross receipts of a business exceed Rs. One Crore in the previous year relevant to the assessment year.