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Large companies often create special audit units for internal control over the activities of management and the enterprise. This allows senior management, owners, and investors to assess the safety of assets and monitor the performance of managers In this blog, you will learn what are the functions of the Best Internal Audit Firms in India, who can…
Today, we are going to talk thoroughly about how the compliance function should be in your company so that it can be ensured that your company faces no risk of being fined due to non-compliance. But before starting, we would like to inform you that choosing Compliance Outsourcing Companies is the best you can do if you…
In general, companies are required to guarantee, through internal procedures and/or “replacement provisions”, the continuity of the compliance function even in the absence of the head of the compliance unit. To ensure that your company complies with the applicable rules, you should opt for the services of Compliance Outsourcing Companies. As responsibility and competencies, as well…
There are different guidelines on some aspects of the requirements of the compliance control function. In this article, we’ll try to explain some of them so that you can understand this concept thoroughly and implement this function in your business strongly with the expertise of Compliance Outsourcing Companies. Guideline no. 1: compliance risk assessment The compliance control…
Depending on the size of the entity, the nature of the activities, staff turnover, it is sometimes advisable to call on Compliance Outsourcing Company, an expert in its field to guarantee the implementation and management of compliance systems. From this perspective, three approaches exist: The use of an Interim Compliance Officer during a predetermined transition…
Due to a complex structure of tax legislation, many companies are forced to choose between three alternatives: suffer heavy taxation without knowing the available benefits they can claim opt a dangerous way to escape without paying tax (of course which will result in great reputation loss as well as put the company in danger) rely…
The tax burden is a ballast that often blocks growth and entrepreneurship. Many companies are forced to choose whether to suffer heavy taxation or to act by adopting certain strategies. What fiscally unassailable strategies must businesses apply to reduce the tax burden of businesses? Let’s go and see those that you can implement immediately in…
The concept of asset protection and generational transfer of the company is often misunderstood. A misunderstanding that distracts attention on some very important aspects typical of heritage protection. With the assistance of Business Advisory Companies in India, you can avoid all this and know to what areas you need to put your attention. Often the generational change…
The fight against tax evasion is one of the central themes, so much so that over the years measures have been introduced to stimulate the taxpayer to pay voluntarily. However, tax evasion is an ever-increasing phenomenon. Let’s get to know more about a tax audit, who the stakeholders are, and how you can avoid this…
Compared to the last few years, the request for assistance from Business Advisory Companies in India is growing. A constant growth that increasingly affirms the importance of business and tax consultancy for companies. But why do companies need advice, especially tax and business advice? The shadow of COVID, the increasingly present economic health emergency, and the continuous…
