TheVirtualCFO is an end to end solution firm rendering comprehensive professional

services which include Finance, audit, management consultancy, tax consultancy,

accounting services, manpower management, secretarial services, insurance etc.

TheVirtualCFO is a professionally managed firm. The team consists of distinguished

chartered accountants, corporate financial advisors and tax consultants. The firm represents

a combination of specialized skills, which are geared to offers sound financial advice and

personalized proactive services. Those associated with the firm have regular interaction with

industry and other professionals which enables the firm to keep pace with contemporary

developments and to meet the needs of its clients. We had associated Chartered Accountant

Firm and Private Limited Companies :- Esha Agarwal And Company & Sea Capital Advisory

Private Limited.

Our Team

Mr. Pawan Agarwal- Chartered Accountant and MBA

Mr. Agarwal brings on board a plethora of knowledge and skills with over 31 years of

association with the banking system. At The Virtual CFO, with a vision to build an

integrated financial advisory practice, Mr. Agarwal acts as a mentor for the entire team. His

core competence is in execution and implementation of the most complex debt syndication

structures across sectors ranging from roads & highways, oil & gas exploration, real estate,

hospitality, healthcare, media & entertainment, financial services and consumer goods &

services.

Mr. Agarwal’s leadership and distinct perspective on financial matters has always given The

Virtual CFO an edge over its competition. He is a qualified Chartered Accountant and MBA.

Mr Agarwal has Experience with many Limited and Private Limited Companies –

M/s Shri Lal Mahal Limited as Chief Financial Officer

M/s Shree Shyam Pulp & Board Mills Limited as Chief Financial Officer

M/s Ladani Group- MNC Coca Cola as Head (Accounts & Finance)

M/s Tops Groups of Companies as Senior Manager (Accounts & Finance)

M/s Pearls Group as Manager (Accounts & Finance)

M/s Synthetic and Chemicals Limited as Manager (Accounts & Finance)

M/s Bihar Tubes Limited as Manager (Accounts & Finance)

Mr. varun sharma- fca

Mr. Sharma brings on board a plethora of knowledge and skills with over 09 years of

association with the TR Chadha And Company. His core competence is in execution and

implementation of the most complex Mergers and amalgamation. His core expertise lies in

implementation of SOPs, Business Valuation and Bank Audits.

Miss Esha Agarwal – Chartered Accountant & CS

Esha Agarwal is a qualified Chartered Accountant and rank holder in it. She has more than 5

years experience in financial services. Besides, Chartered Accountancy she has completed her

Company Secretary course and she is an alumni of Shri Ram College of Commerce. Her core

competence is in the field of fund raising assistance, Internal Audit, Statutory Audit, ROC

related compliance, Income Tax Matters, Proposal writing and related corporate advisory

services.

Esha Agarwal has experience of working with Private Limited companies:

M/s Shree Shyam Pulp & Board Mills Limited as Finance Executive.

M/s Sea Capital Advisory Private Limited as Financial Analyst.

Mr atul joshi –mba (finance) & ex- banker

Mr. Atul is an qualified MBA with more than 14 years of experience in the financial services

& Banking industry. Over the years, he has been closely associated with the promoters of

numerous business houses as a financial consultant on business strategy and has lead many

projects. His core competence is in the field of Fund Raising assistance, Equity placement,

Due Diligence, Valuations, Project viability studies and related corporate advisory services.

Mr ashish kumar–mba (finance) & ex- banker

Mr. Ashish is an qualified MBA with more than 14 years of experience in the financial

services & Banking industry. Over the years, he has been closely associated with the

promoters of numerous business houses as a financial consultant on business strategy and has

lead many projects. His core competence is in the field of Fund Raising assistance, Equity

placement, Due Diligence, Valuations, Project viability studies and related corporate

advisory services.

Mr rupesh mathur–llb & fcs

Mr. Mathur is an qualified Company Secretary with more than 09 years of experience in the

financial services & Banking industry. Over the years, he has been closely associated with the

promoters of numerous business houses as a financial consultant on business strategy and has

lead many projects. His core competence is in the field of Fund Raising assistance, Equity

placement, Due Diligence, Valuations, Project viability studies and related corporate

advisory services

Mrs. Rekha Agarwal ( MBA, LLB & MA ( English))

Mrs Rekha Agarwal is a qualified MBA & LLB with more than 20 years of experience in the

financial services & Banking industry. Over the years, she has been closely associated with

the promoters of numerous business houses as an advisor on business strategy and has lead

many projects. His core competence is in the field of Business Advisory and Management

Consulting including Fund Raising Assistance, Mergers & Acquisitions, Capital

Restructuring, Strategic Advices, Equity placement, Investigations, Due Diligence,

Valuations, Project viability studies and related corporate advisory services.

Miss Pooja Agarwal – Chartered Accountant (Inter) & CS ( Inter)

Pooja Agarwal has qualified intermediate exams of both CA and CS. She is an officer in-

charge and looks after day to day work at office with staff. Her core competence is in the

field of fund raising assistance, Internal Audit, Statutory Audit, ROC related compliance,

Income Tax Matters, Proposal writing.

Services Offered by us:

Outsourced CFO Services

If hiring a full-time CFO sounds expensive, consider our part-time CFO services which will

enable you to avoid spending money on high salaries yet still manage your financials. With

us, you will have access to a team of Professionals from various backgrounds at affordable

rates. We understand that every organization requires a different service portfolio, so we

handle each client based on their requirements.

Our CFO services include:

Budgets and Forecasting

Cash Flow Management

Accounting

Assisting in Preparation of all statutory Compliances viz. TDS, VAT/CST, Service Tax ,

Income Tax Filings, ROC Compliances, etc

Financial Analysis and Modeling

Fund Raising Activities

Special Projects

Independent Property Valuation

TEV Study, Lender Engineer Reports From Bank Empanelled Government Approved

Agency.

Audit

Broadly, Audit involves the following:

Indepth study of existing systems, procedures and controls for proper

understanding. Suggestions for improvement and strengthening.

Ensuring compliance with policies, procedures and statutes.

Comprehensive review to ensure that the accounts are prepared in accordance with

Generally Accepted Accounting Policies and applicable Accounting Standards/IFRS.

Checking the genuineness of the expenses booked in accounts.

Reporting inefficiencies at any operational level.

Detection and prevention of leakages of income and suggesting corrective measures to

prevent recurrence.

Certification of the books of account being in agreement with the Balance Sheet and

Profit and Loss Account.

Issue of Audit Reports under various laws.

Types of Audits conducted

Statutory Audit of Companies

Tax Audit under Section 44AB of the Income Tax Act, 1961.

Audit under other sections of the Income Tax Act, 1961 such as 80HHC, 80-IA, etc.

Information System Audit

Internal Audits.

Audit of Trusts, Charitable Trusts and Schools etc.

Corporate Finance

Preparations of Project Reports.

Preparation of CMA Data for bank loans.

Private placement of shares, Inter-Corporate Deposit, Terms loans, Working capital

limits, etc.

External Credit Borrowings (ECBs).

Preparation of TEV Reports.

Project Financing

Valuation of the Fixed assets and Business.

Retail loans-

o Unsecured loan

o Home loan and Car Loan.

o Loan against property

o Buyer’s credit limits

o LIC(Bills) Discounting Facility

o Sales bills discounting facilities.

o Vendor Bill discounting

o Lease Rent Discounting

Tax Deducted At Source (TDS)

Advice on all matters related to compliance of TDS/TCS provisions.

Obtaining Tax Deduction Account Number (TAN).

Periodic review of TDS/ Withholding Tax compliance.

Computation of monthly TDS.

Monthly reconciliation of TDS due and deposited.

Monthly deposit of TDS electronically/manually.

Issue of monthly/annual TDS certificates.

Filing of quarterly E-TDS/Manual Returns.

Filing of Correction Statements.

TDS assessment.

Startup Advisory

The Firm provides all the necessary services to its existing and prospective clients to

facilitate Business formation in India. The Firm assists in advising the optimum structure

and subsequently formation of various types of entities including private limited company, a

public limited company, a company to be registered under section 25 or part IX of the

Companies Act, 1956, wholly owned subsidiaries of Foreign Company, joint venture

companies, Limited Liability Partnership etc.

The firm can also facilitate setting up of Branch / Project / Liaison offices under the Foreign

Exchange Management Act and Corporate Laws in India, in case of international clients.

Following services are broadly provided by the firm in this respect:-

Assist in acquiring Director’s Identification Number (DIN) and digital signatures.

Drafting of Memorandum and Articles of association.

Incorporation of Company.

Registration of Partnership Firm under Indian Partnership Act, 1932.

Incorporation of Limited Liability Partnership (LLP) under LLP Act 2008.

Registration of companies under section 25 or part IX of the Companies Act, 1956.

Setting up wholly-owned subsidiary companies of Foreign Companies in India

Registration for obtaining Certificate of Commencement of business for Public limited

companies

A part from business formation, the firm also supports Clients for further corporate

compliances and procedures including registrations for Permanent Account Number (PAN),

Service Tax and Tax Deduction & Collection Account Number (TAN) etc

Compliance Services

1. All approvals and certifications under the Companies Act, 1956 and the Companies Act,

2013, including rules and regulations framed thereunder. An illustrative list is as under:-

Compliance Certificate (under the Companies Act, 1956)

Certifying Annual Return

Appointment of and payment to managerial personnel

Act as liquidator in winding-up of a company

Act as scrutinizer in voting by shareholders in postal ballot and electronic voting

2. All certifications and other approvals under

1. the Foreign Exchange Management Act, 1999 and rules and regulations framed

thereunder.

2. the Securities Laws and Capital Markets, like

Capital reconciliation: issue quarterly certificate with regard to reconciliation of the total

issued capital, listed capital and capital held by depositories in dematerialized form, details of

changes in share capital during the quarter, and in-principle approval obtained by the issuer

from all the stock exchanges where it is listed in respect of such further issued capital.

Clause 47(c): Certification to the effect that RTA and/or in-house share transfer facility of

listed companies have issued all certificates within one month of the lodgement for transfer,

sub-division, consolidation, renewal, exchange or endorsement of calls/allotment monies. This

certificate is to be issued within one month of the end of each half of the financial year.

Clause 49: issue certificate of compliance of conditions of corporate governance

certificate on maintenance of adequate security cover in respect of listed debentures

Certificate that the Share transfer Agent has completed all smsfers within the stipulated

time.

Listing of shares/securities issued on Preferential/Private Placement basis

listing of shares arising out of Conversion of Debentures/Warrants/Notes/Bonds into

Equity Shares

for approval under clause 24(f) of the Listing Agreement (Amalgamation of Wholly

Owned Subsidiary / other than Wholly Owned Subsidiary /Reduction of Capital under

Section 100)

Listing of shares/securities issued on Preferential/Private Placement basis in case

allotment under section 62(3) of the Companies Act,2013 (corresponding Section 81(3) of the

Companies Act, 1956)..

Certificate confirming securities under lock-in (the certificate should include the

distinctive numbers of securities under lock-in and date from and upto which these shares are

under lock-in

3. Secretarial Audit and Certifications required by All India Financial Institutions; with

regard to the following:

Necessary powers of a company and its directors to enter into an agreement.

Borrowing limits of a company under section 180(1)(c) of the Companies Act, 2013

(corresponding section 293(1)(d) of the Companies Act, 1956), including details of share

capital, authorised, issued, subscribed and paid-up, and the actual borrowing.

List of Members of a company.

Copies of resolutions passed at company meetings to be furnished to financial institutions.

4. For Banks :

Diligence Report for Banks

Status/Search Reports for banks

Certification of documents relating to charges.

Income Tax

Consultancy on various intricate matters pertaining to Income tax.

Effective tax management, tax structuring and advisory services.

Tax Planning for Corporate and others.

Designing / restructuring salary structure to minimize tax burden.

Obtaining Advance tax Rulings.

Obtaining No Objection Certificates from Income tax department.

Obtaining PAN for assesses, employees etc.

Advance tax estimation and deposit.

Assessing the liability towards deferred taxes.

Providing regular updates on amendments, circulars, notifications & judgments.

Filing Income Tax for all kinds of assesses.

Filing Income tax returns for employees of corporate clients.

Liaison with Income tax department for rectification, assessment, obtaining refunds

etc.

Expertise in complicated direct tax assessments.

Filing and pleading appeals under various provisions of IT Act.

Special expertise in search, seizure and prosecution litigation.

Advice on future tax implications in respect of the potential acquisition.

Opinions on the various Double Tax Avoidance Agreement related issues.

Settlement of various issues raised under FEMA

Value Added Tax (VAT)

Getting Sales Tax Registration under Central Sales Tax Act and Delhi VAT & other

states.

Consultancy on matters related to Sales Tax including Tax planning.

Preparation of VAT (Value Added Tax) returns.

Filing of Electronic/Manual VAT returns

Help in obtaining statutory forms.

Liaison with VAT authorities

Getting Sales Tax Assessments done.

Filing and pleading appeals wherever necessary.

Consultancy on matters related to Delhi Works Contract Tax Act 1999.

Consultancy for maintenance of proper records of VAT.

Service Tax

Registration under Service tax.

Consultancy for maintenance of proper records.

Consultancy for proper accounting for Service tax.

Consultancy on various issues relating to Service Tax.

Compilation of data of Cenvat credit.

Assistance in availment of notified Abatements.

Utilization and availment of service tax credit in accordance with the Service Tax

Credit Rules, 2002.

Computation of Service tax payable.

Preparation and filing Returns.

Getting assessments done

Company Law Services

Incorporation of company

Consultancy on Company Law matters.

Planning for Mergers, Acquisitions, De-mergers, and Corporate re-organizations.

Filing of annual returns and various forms, documents.

Clause 49 review for compliance with fiscal, corporate and tax laws

Secretarial Matters including share transfers

Maintenance of Statutory records

Consultancy on Public/Rights/Bonus Issue of shares.

Change of Name, Objects, Registered Office, etc.

Compliance Certificate

All certifications and other approvals under all Secretarial audit and certifications.

Corporate Governance Services

Corporate governance refers to a combination of laws, regulations, procedures, implicit rules

and voluntary practices which help companies to perform efficiently and maximize long term

value for shareholders and at the same time looking after the interests of other stakeholders

like buyers, government, society at large etc. Lenders whether national or international, also

look for them for taking exposure in any corporate. It is a function of transparency and

fairness in operations and making proper disclosures.

Company as a business organization has become popular over the years. With the growth in

size of these corporates, governance has become all the more important. SEBI and listing

agreements of various stock exchanges require that the requirements of corporate governance

are duly complied with.

Our services include:-

Periodic monitoring through internal audit

Independent audit

Independent verification

Effective Supervision

Accountability

Sufficient number of Independent directors on the Board.

Formation of an independent audit committee for the board

Adequate disclosure and transparency in reports

Participation in board meetings.

Accounting Services

Financial Accounting

Budgeting

Financial Reporting

Financial Analysis

Depreciation and Amortization Schedules

Maintain Books & Accounts of the enterprises

Designing of Optimum SOPs of enterprises

Payroll

Preparation of Monthly Salary Sheet.

Deductions as per applicable laws like Income Tax, Provident Fund, Professional Tax

etc.

Computation and deposit of TDS, ESI, PF etc.

Disbursement/ Online Payment of Salary.

Pay slip by password protected e-mail.

Reimbursement of telephone, medical bills etc.

Issue of Form 16 to employees.

Periodic Reconciliation of payments/statutory deductions etc. with books of accounts.

Administration of gratuity, superannuation, pension schemes etc.

Benefits of Outsourcing

Enables business to concentrate on core business activities.

Use of manpower for more important functions

Investment in fixed assets reduced/minimized.

Substantial Savings in Cost.

Services of experts made available.

Improved Internal Controls

Enhanced reporting capabilities to provide more timely and accurate financial data.

Off-site Backup of Data.

Insurance:

We arrange for the best insurance coverage for the customers. We can also arrange for the

Loss surveyor work for our clients.

Customs:

We provide services for settling SAD( Special Additional Duty) refund for our customers.

Contact US:

Pawan Kumar Agarwal

Mobile no: 8130322609

Email: pawan@thevirtualcfo.in

Esha Agarwal

Mobile no: 9821883024

9555806349

Email: esha@thevirtualcfo.in

Corporate Offices in India:

M/s The Virtual CFO

204, 4/1, East Patel Nagar, New Delhi-110008

Telephone No: 011-42765315

Email: info@thevirtualcfo.in

Website: www.thevirtualcfo.in

M/s The Virtual CFO

E- 1504, Jaipuria Sunrise Greens, Ahinsa Khand-1,

Indirapuram, Ghaziabad- UP 201014

Telephone No: 0120-4253560