Accounts & Closure Business Services
Timely. Effective. AffordableAccounts and closure specifically pertain to finalizing financial matters and officially closing the books on the business. Once the accounts are finalized and any outstanding financial obligations are settled, the closure process can be completed.
We assist startups, SME's and large enterprises in making critical business decisions.
Edgexo harnesses the power of technology to streamline business setup and compliance management processes. we help businesses navigate the complexities of business formation and regulatory compliance with confidence and ease.
Customer First Philosophy: We are committed to building a fair, transparent, sustainable, and performance driven company for the long term. We believe the destiny of all businesses is decided purely by its customers.
Winding up a Company
Winding up a company is a significant decision that involves the orderly dissolution of its affairs and the distribution of its assets. Whether due to financial difficulties, restructuring, or strategic reasons, the winding-up process requires careful planning and adherence to legal requirements.
- Financial Reporting: Professionals can help prepare final financial statements, including balance sheets, income statements, and cash flow statements, ensuring compliance with accounting standards and regulations.
- Tax Compliance: Assistance with filing final tax returns, including income taxes, sales taxes, payroll taxes, and any other tax obligations. Professionals can help ensure accurate reporting and compliance with tax laws.
- Legal Compliance: Ensuring that all legal requirements for closing down the business are met, including deregistering the business with government authorities, notifying creditors and stakeholders, and complying with any applicable laws and regulations.
- Contract and Lease Termination: Assistance with reviewing and terminating contracts, leases, and agreements, including negotiating settlements and ensuring compliance with contractual obligations.
- Asset Liquidation and Distribution: Assistance with identifying and liquidating assets, distributing proceeds to stakeholders, and complying with legal requirements for asset disposal and distribution.
- Employee Matters: Assistance with terminating employment contracts, complying with labor laws and regulations, providing final pay and benefits to employees, and handling any related legal and regulatory requirements.
- Notification and Communication: Assistance with notifying stakeholders, including employees, customers, suppliers, vendors, and government authorities, about the closure of the business and addressing any inquiries or concerns.
- Record Keeping and Documentation: Ensuring that thorough records are maintained throughout the closure process, including financial documents, legal paperwork, correspondence, and other relevant records.
- Compliance Audits and Reviews: Conduct compliance audits or reviews to ensure that all legal and regulatory requirements have been met throughout the closure process and identify any areas of non-compliance or potential risks.
- Consultation and Advisory Services: Providing expert advice and guidance on compliance matters, helping businesses understand their obligations and navigate the closure process effectively and efficiently.
Frequently Asked Questions
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+91 6386 7777 90Words of Appreciation from Our Clients
Getting to WOW moments of clients who worked with us. Please Take a look what some of our prestigious clients say about us.Hassle free and affordable services for startups
Edgexo is the one-stop solution for your startup registration. So easy and organized. I am very impressed with their helpful staff. Excellent services! I will recommend to everyone - effortless, hassle free and affordable services for startups
Keep giving professional services
Edgexo is genuine and knowledgeable. After I got the profit & loss statement made for my start-up, I decided to go ahead with them for our company account work. Keep giving professional services. Till now there have been no issues.
Hassle free legal document work
We trust and appreciate the excellent customer service of Edgexo. For all our company requirements, We consult only them and recommend Edgexo for stress-free and hassle-free legal document work.
