SMEs have developed in a manner which made it possible for them to achieve their core objective of selling their products/services but lagging in other areas like Accounting, Statutory compliances, Developing MIS, etc. Lot of their time and energy is lost in managing accounts, finance and compliances, with less of time at their disposal for strategic planning and growth. However, they don’t have the resources have a full-fledged in-house finance department and a full time CFO.  We at VSSK understand this and have our virtual CFO services to free the business owners form this hassle. We offer undermentioned services as under:

• Bookkeeping
• Setup of System and process
• Setting up of MIS, its implementation and reporting
• Tax Compliances
• Finance planning and management
• Payroll processing
• Debtors management
• Compiling with banking requirement

• Critical evaluation of internal controls, internal systems, and internal processes in organizations and recommending areas for improvement;
• Risk Management audit and review with a view to providing valuable insights to the management of enterprise-wide risks;
• Internal audits of specified areas, which are conducted using a Risk-Based Approach;
• Assisting and advising organizations in complying with corporate governance requirements
• Identification and recommending areas of cost reduction, streamlining of operations, and recommending ways and means for improving the bottom line;
• Reviewing compliance with various regulatory requirements;
• System audits encompassing review of physical, financial, and access controls, adequacy of back-up procedures implemented by organizations, stress testing of systems, etc.
• Review of Management Information Systems, suggesting means for improving such systems to provide meaningful input to top management, and assistance in setting up such systems
• Review of Internal Financial Controls.
• Advice and Assistance in setting up and implementing ERP systems, such as SAP.

• Critical evaluation of internal controls, internal systems, and internal processes in organizations and recommending areas for improvement;
• Risk Management audit and review with a view to providing valuable insights to the management of enterprise-wide risks;
• Internal audits of specified areas, which are conducted using a Risk-Based Approach;
• Assisting and advising organizations in complying with corporate governance requirements
• Identification and recommending areas of cost reduction, streamlining of operations, and recommending ways and means for improving the bottom line;
• Reviewing compliance with various regulatory requirements;
• System audits encompassing review of physical, financial, and access controls, adequacy of back-up procedures implemented by organizations, stress testing of systems, etc.
• Review of Management Information Systems, suggesting means for improving such systems to provide meaningful input to top management, and assistance in setting up such systems
• Review of Internal Financial Controls.
• Advice and Assistance in setting up and implementing ERP systems, such as SAP.

Term Loan
Working Capital Loan
Letter of Credit facility
Bank Guarantee Facility
Real Estate Funding
Mortgage Loans

Non-conventional funding:
Lease rental discounting
Factoring
Vendor Funding
Business Acquisition
Promoter Margin Funding 
Post-Export Finance
Equipment Finance
Equity Funding:
VSSK is well equipped to take your organization to next level where the business requires a business partner who can contribute not only to finance but also long-term wealth creation for the promoters and all stakeholders. We have a lot of equity solutions which are:
SME IPO
Private equity
Venture capital
Quasi Capital
Seed Capital Funding
Basis our network with almost all the Banks and various PE investors, NBFCs, we cater the following funding facilities:
• Term loans
• Loans against the converted properties of the Company \ firm \ promoters through our unique model of letter of credit
• Loan Against Securities
• Project Finance and Home loan assistance for customers of Construction companies.
• Project Finance
• Working Capital Loan
• Mortgage Loans/ LAP (Loan Against Property)
• Acquisition Funding
• Refinancing
• Realty Funding
• Buyers Credit
• External Commercial Borrowings
• Lease Rental Discounting
• Unsecured loans
• Institutional Funding

• Preparation and filing of tax returns (income tax, withholding tax returns) in India and various other procedural compliances such as preparing and filing applications for a Permanent Account Number, Tax Deduction Account Number, certificate for non-deduction of taxes at source, etc.
• Updating clients on developments in the field of direct taxes which could have a bearing on their business
• Providing opinions on various complex tax issues;
• Tax representation before the Indian tax authorities at all levels (upto the Income Tax Appellate Tribunal, Settlement commission and High Court);
• Tax planning for Non-Resident Indians, overseas entities desirous of setting up a business in India and Indian entities desirous of setting up an overseas business/base;
• Transfer Pricing studies;
• Advising organizations in designing a tax-efficient salary structure of employees;
• Advising on the applicability of withholding taxes and providing certification services for outward remittances;
• Evolving tax strategies and structures which would minimize tax incidence through a detailed evaluation of:

o Double Tax Avoidance Agreements entered into by India with various countries;
o Tax incentives and tax holidays and
o Tax incidence in other countries.

• Help in finding a strategic partner
• Comparative location study
• Structuring International – Entity structuring and International transaction structuring
• India entity and exit planning
• Transfer Pricing
• General Anti-Avoidance Rules (GAAR)
• Foreign Exchange Managements Act (FEMA)
• RBI regulation and compliance
• Foreign Trade Policy (FTP)

Drafting, reviews and vetting of various agreements and documents in consideration of vaious laws and commercial prudence as under:

1. Term sheets, share subscription agreements, share purchase agreements, shareholders and voting rights agreements, escrow agreements, business takeover agreements
2. Employment agreement, restrictive covenants such as non-competition and non-solicitation agreements
3. Vendor agreements, service agreements, supply agreements, channel partners agreements
4. Development agreement, PMC Agreement, works contract, labour contract, marketing and branding agreement, partnership deed, allotment letter, agreement for sale, sale deed, lease deed etc.

• Companies Act, 2013, SEBI regulations and RBI regulations
• Employment laws and practices
• Governmental and regulatory approval
• International commercial law
• Domestic or international joint ventures and special purpose vehicles
• Acquisitions and takeovers
• Assistance in setting up new entities
• Consultation to promoters, investee companies, and/or investors during investment process (domestic/international)
• Structuring, documenting, and implementing employee stock option plans
• Laws regulating e-commerce transactions, F&B business, hospitality business, and various other business sectors
• Due Diligence
• Documentation

• Advising on structuring of transactions, which would help minimize the incidence of Goods and Service Tax (GST) within the framework of the applicable laws;
• Advising clients on the transition to GST and various developments in GST laws;
• Advising on  issues relating to GST;
• Preparing and filing of tax returns under GST and advising on the quantum of tax payments and
• Audit and assurance services required under GST.
• Rendering opinions on various complex issues under indirect tax laws
• Representation before the Indian tax authorities at all level (upto Tax Appellate Tribunal, Settlement Commission & High Court);

Filling of Advance Ruling Petition

• Preparation and filing of tax returns (income tax, withholding tax returns) in India and various other procedural compliances such as preparing and filing applications for a Permanent Account Number, Tax Deduction Account Number, certificate for non-deduction of taxes at source, etc.
• Updating clients on developments in the field of direct taxes which could have a bearing on their business
• Providing opinions on various complex tax issues;
• Tax representation before the Indian tax authorities at all levels (up to the Income Tax Appellate Tribunal, Settlement commission and High Court);
• Tax planning for Non-Resident Indians, overseas entities desirous of setting up a business in India and Indian entities desirous of setting up an overseas business/base;
• Transfer Pricing studies;
• Advising organizations in designing a tax-efficient salary structure of employees;
• Advising on the applicability of withholding taxes and providing certification services for outward remittances;
• Evolving tax strategies and structures which would minimize tax incidence through a detailed evaluation of:

• • Double Tax Avoidance Agreements entered into by India with various countries;
  • Tax incentives and tax holidays and
  • Tax incidence in other countries.

Global competitive pressures focus on corporate governance function by all quarters – the stakeholders, the government and the creditors alike have increased the need for putting in place an effective system of internal controls and risk management processes. The independent directors, key management personnel, and stakeholders are now demanding that internal auditors play a larger role not only in terms of ensuring adequate internal controls and systems in place but in also guiding them on all facets of enterprise risks, be it business risks, operational risks, financial risks, system risks, etc. We, at VSSK, conduct risk management and internal audits on behalf of the management with the objective of enhancing internal systems and controls and helping organizations to better cope with risks in the rapidly changing business environment. Various management information systems or ERP systems also need to be implemented properly, to ensure proper information reaches the management. Our range of services in this area includes:

• Critical evaluation of internal controls, internal systems, and internal processes in organizations and recommending areas for improvement;
• Risk Management audit and review with a view to providing valuable insights to the management of enterprise-wide risks;
• Internal audits of specified areas, which are conducted using a Risk-Based Approach;
• Assisting and advising organizations in complying with corporate governance requirements
• Identification and recommending areas of cost reduction, streamlining of operations, and recommending ways and means for improving the bottom line;
• Reviewing compliance with various regulatory requirements;
• System audits encompassing review of physical, financial, and access controls, adequacy of back-up procedures implemented by organizations, stress testing of systems, etc.
• Review of Management Information Systems, suggesting means for improving such systems to provide meaningful input to top management, and assistance in setting up such systems
• Review of Internal Financial Controls.
• Advice and Assistance in setting up and implementing ERP systems, such as SAP.

VSSK group, an audit firm has substantial experience in providing statutory audit services under various statutes across various industries for the past several decades. The various types of statutory audits include:

Audit of listed and unlisted companies under the Companies Act, 1956 and 2013;
Audit of Banks under the Banking Regulation Act, 1949;
Audit of large business entities (corporate and non-corporate) under the Income Tax Act, 1961;
Audit of business entities under GST law of various states;
Audits required under exchange control regulations (liaison offices, site offices, and branch offices of foreign companies);
Audit of non-profit organizations (charitable organizations) under the Bombay Public Trust Act, 1950 and under the Foreign Contribution (Regulation) Act;
General Purpose audits of companies under IFRS.

Under most Indian laws, various matters are required to be certified by chartered accountants. VSSK audit firm provides such attestation and certification services under various laws.

Hemant Khator is the Founder of HRK Corp Advice Pvt. Ltd. He has almost two decades of multi-layered, multi-disciplines 360-degree professional experience in the field of Corporate Finance and Business Advisory services.

He has a practical experience in all fields & possesses expertise in the areas like Audits, Financing, corporate taxation, Tax Advisory, Project Advisory, Bank Audit and Management advisory.

He began his career by working with Birla Super cement at Middle-Level Management than he worked as a Credit manager with HDFC bank Ltd, and lastly, he joined Team Ferro Alloys Pvt Ltd as GM- Finance.

Hemant has worked closely with several Indian prominent corporate houses and multinationals companies during his career. He has also worked for International Clients in the Middle East. He is an avid trainer cum speaker on various topics pertinent to his area of expertise.

His instrumental role in developing the New Service verticals and overall firm & practice development across geographies during his past assignments speaks of his proven leadership and entrepreneurial abilities. With his all-round multi-faceted experience and exposure.

Hemant is best known for his apt & focused approach in delivering quality professional services to clients and successfully executing highly challenging and complex nature of assignments.

CA. Sonu Dhing is a dynamic, inspiring and forward looking leader who is working very confidently and strategically for the growth and transformation of the group to the next level. A firm believer of the Entrepreneurial model, he inspires and ignites passion, creativity and innovation in those around him.

A dynamic person having versatile profile with more than 14 years of experience of in matters relating To Project Finance Consultancy, Management & Internal Audits, Concurrent Audits, Risk based Audits, Risk Assessment &Transfer and advising assisting in large value Insurance Survey/Claims.

He Heads Ahmedabad branch and overlook Northern and Western part of Gujarat. Has been continual part of Core Leadership team. He has actively participated in various strategic Policy matters and initiatives of the group, expansions of team, offices and operations in India.