CSR-1 registration refers to the registration process of companies under Section 135 of the Companies Act, 2013, which mandates certain companies to spend a specified percentage of their average net profits on Corporate Social Responsibility (CSR) activities. VK Shakya can assist with CSR-1 registration services, which may include:
Eligibility assessment: VK Shakya can assess the eligibility of a company for CSR-1 registration based on criteria such as the net profit threshold and turnover requirements as per the Companies Act, 2013.
Documentation and application preparation: VK Shakya can help in preparing the necessary documentation and filing the CSR-1 registration application with the appropriate authorities. This may include providing details about the company's financials, CSR policy, and planned CSR activities.
Compliance and regulatory guidance: VK Shakya can provide guidance on compliance requirements and regulatory obligations for CSR-1 registered companies, such as CSR expenditure reporting, CSR policy formulation, and CSR committee formation as per the Companies Act, 2013.
CSR strategy and planning: VK Shakya can assist in formulating a CSR strategy and planning for companies, which includes identifying CSR activities aligned with the company's objectives, budgeting, and execution plan.
Monitoring and reporting: VK Shakya can help in monitoring the progress of CSR activities, tracking expenditure, and preparing CSR reports for submission to the authorities as required by the Companies Act, 2013.
Liaison with authorities: VK Shakya can liaise with CSR authorities on behalf of the client, including addressing queries, clarifications, or concerns related to the CSR-1 registration process or compliance requirements.
Legal support: VK Shakya can provide legal support in case of any disputes, audits, or investigations related to CSR-1 registration or compliance.
VK Shakya can provide professional guidance and support throughout the CSR-1 registration process, ensuring compliance with applicable regulations and helping companies effectively implement their CSR initiatives.