Need some suggestions

For each Pvt Ltd Company Statutory audit fees can be around 16,000 min. depending on the turnover.Same for tax audit. Each ITR min 3500. And then you can raise consultancy fees for any other work. ALL THE BEST

Weird question….you are all set to restrict your gamut of activities offered due to this single client. Indeed you are new and inexperienced. Guts required forming a new firm without even knowing the services offered or required by prospective clients in detail. Anyways it’s okay.

Please go through the following points:

1. First explore the activities/services offered by CA and other professional firms and prepare a list of professional service. For this visit websites of CA firms in India in detail.
2. Download various brochures of different firms and go through them. This will give you an idea of preparing your own brochure and also give you an idea of services offered and expected by variety of clients from a CA Firm.
3. Draft your firm’s detailed professional brochure listing all possible services you can offer and share it with your family and professional friends. In short disseminate it fully.
4. Share this brochure with the current client offering services within your range. Have meeting with them and list out the services they want and accordingly negotiate on the fee structure etc.
5. Please search google regarding how to deal and negotiate with clients and other relevant information.

Also note: Never offer services according to client. Offer them entire range of services you can cover and ask them what they want or help them selecting the activities applicable on their business. When you come across different firm’s websites you’ll automatically understand the services/activities applicable on different businesses.  

All the Best

Thanks

Its just immpossible to quote a fee without knowingabout servicesto be provided!!!

Mate, go with the advice of Ankur, and explore yourself for the possible services you can provide.

If you can handle the client as a single shop for all his service needs related to a CA, in my opinion fee can be in range of 5 Lacs  to 10 Lacs for a year.

Thank You for your advice sir...

And

Its nt like that i dont know anything abt services...

But

I dint want to miss even a single service....

I will go with your suggestion sir....

Thank You