Net worth certificates
Certification of an individual’s or entity’s net worth for visa and immigration applications, education loans, tenders and government purposes.
Overview
Banks, embassies, government departments, tender authorities and regulators often require a Chartered Accountant’s certificate before they will act on financial information. The firm issues these certificates after verifying the underlying records and documents.
Every certificate is issued with a Unique Document Identification Number (UDIN) generated on the ICAI portal, so the recipient can verify its authenticity online.
Certificates are prepared in the format required by the receiving authority, and the supporting working papers are retained as required by ICAI.
Certification of an individual’s or entity’s net worth for visa and immigration applications, education loans, tenders and government purposes.
Certified statements of turnover, profit or other financial figures for tenders, subsidies, contracts and registrations.
Certification of tax compliance for vendors, customers, regulators and due diligence.
Certification of income, assets, end-use of funds and other information required by lenders.
Accountant’s certificate for payments to non-residents under the Income-tax Act and FEMA (Form 146 under the new rules, formerly Form 15CB), with the related Form 145 (formerly 15CA).
Certificates of eligibility and financial information for Start-up India, MSME and other government schemes.
Certification of capital contributions, share valuation inputs and investments for regulatory and investor purposes.
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