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Streamlining Financial Compliance for a Health-Tech Innovator

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    Streamlining Financial Compliance for a Health-Tech Innovator

    Business Overview

    A health-tech company operating a digital clinic under the brand name ‘Proactive For Her’, providing a digital platform to offer accessible, personalized, and confidential healthcare solutions for women.

     

    Project Undertaken

    • Review of accounting records and tax filings on a monthly basis
    • Compliance assistance for fundraising

     

    How We Helped?

    Review of Accounts and Tax Filing:

    • Treelife conducted a thorough review of the monthly accounting books to ensure accuracy and completeness, helping the company maintain precise financial records.
    • We ensured GST payments and returns were filed timely and accurately, reducing the risk of non-compliance and potential penalties for the company.
    • Our team streamlined and regularized tax returns, annual filings, and other statutory compliances according to applicable due dates, ensuring the company met all regulatory requirements promptly.

    Fundraising (Compliance Advisor):

    • Treelife provided compliance advisory services for the company’s fundraising efforts, ensuring that all financial records and compliance requirements were up-to-date.
    • We assisted with the timely updating of accounting entries and filings, completing requisite regulatory compliances efficiently.
    • Our involvement ensured a reduction in the turnaround time (TAT) for payments and MIS processing, facilitating smoother financial operations and improved investor confidence.

    By leveraging our expertise in financial and compliance advisory, Treelife enabled ‘Proactive For Her’ to maintain accurate financial records, meet all compliance requirements, and support its fundraising activities. Our comprehensive support helped the company focus on its core mission of providing accessible and personalized healthcare solutions while ensuring robust financial and compliance management.

    About the Author
    Treelife
    Treelife
    Treelife Team | support@treelife.in

    We are a legal and finance firm with a deep focus on the startup ecosystem. We offer a wide range of services, including Virtual CFO, Legal Support, Tax & Regulatory, and Global Expansion assistance.

    Our goal at Treelife is to provide you with peace of mind and ease in business.

    We Are Problem Solvers. And Take Accountability.

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