Tax Consultant Profession

Consultancy services of tax includes but not limited to :

Tax preparation
income tax filing services
Tax Planning
Registration services
PAN Card (Permanent Account Number Card) services
TAN (Tax Deduction and Collection Account Number) Services
Filing of TDS (Tax Deducted at Source) Return
Sales Tax Registration
Filing of Sales Tax Returns
Service Tax Registration
VAT Registration Service
VAT (Value Added Tax) & TOT (Tax On Turnover)
Service Tax Filing
Tax Consultancy
Appearance for different tax assessments and appeals

Tax consultancy provide timely and accurate financial reports to businesses, offices and individuals that allow them to better manage their financial operations. Tax Services can be started by Qualified Chartered Accountants, Certified Public Accountants and lawyers who can practice either individually or by making a Partnership firm of professionals in the similar field.

Proprietorship

Partnership

Proprietorship

A Proprietorship can be started by qualified single person with the following facilities:

Office

Rented or own office

Staff

Clerical Staff (if required)
Receptionist (if required)
General Helper

Facilities

Telephone, Fax, Computer, Printer & Internet connection

Opening of Bank Account

In India, Bank Account of a Proprietorship can be opened by giving the following documents:

ID Proof of Proprietor
Address Proof of Proprietor
Photograph of Proprietor
Copy of PAN Card of Proprietor
Copy of any bill raised by the firm (some banks may ask for)

But in other countries, documentation procedure will be different according to the law of land.

Advertisement for some professions is banned in some countries. So decision for advertisement should be taken by honoring the law of land.

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Partnership

A Partnership can be made by two or more qualified persons by creating partnership agreement.

Registration of Partnership Deed

In India, it is not compulsory to Register a Partnership deed. But an un registered partnership have some disadvantages in the eye of law. So it is better to register the deed with the Registrar. A Registered partnership firm has all the right to sue in a court of law in India. But in other countries there may be differences in rule.