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Data Protection Officer Services

Data Protection Officer Services – India

Outsource DPO services and benefits from our data protection experience. We offer a full review of your current policies and processes including an in-depth audit and regular compliance reporting. It also includes data breach management and onsite staff training. Our team ensures that your organization is fully compliant with Articles 37-39 of the GDPR.

Why Outsource DPO Services to India – Ensuring GDPR Compliance

  • Ensures your company is fully GDPR rules compliant
  • Practical and cost-effective solution compared to hiring in-house DPO officers
  • Expert advice and guidance on data protection, GDPR rules, data privacy
  • No conflict of interest between the DPO providers and other business activities
  • Data Protection Officer Services – On-demand

Data Protection Officers under the General Data Protection Regulation

The appointment of a Data Protection Officer is going to become law under the GDPR for organisations over a certain size (250 employees). Some of the key players in the GDPR are:

  • Joint Controllers
  • Supervisory Authority
  • Representative

GDPR Toolkit – All-in-One GDPR Compliance Documents

We have created several document templates pertaining to Data Protection acts as per the requirements of GDPR rules and regulation. We update these documents constantly as and when there’s an update on the GDPR policies and procedures.

Some of the documents from the GDPR Compliance Toolkit are:

  • Executive Support Letter
  • Project Initiation Document
  • Gap Analysis
  • Data Register Template
  • Privacy Notice Template

Our Expert DPO Services – GDPR Compliance Services

Our expert DPO services are based on independent pragmatic, legal advice for your organization to stay GDPR compliant.

  • We help prepare a data processing statement to be written explaining what data is processed and why
  • Write and review of data privacy statements and data protection policies
  • We conduct Staff awareness training/education and keeping records of same
  • Point of contact for all matters pertaining to the GDPR and other data privacy requirements, for the business, employees and the ICO
  • Develop Data Protection Impact Assessments (DPIA) for new projects/initiatives
  • We maintain expert knowledge of data protection/GDPR rules and law
  • External Data Protection Officer
  • Data Protection Audits
  • IT Forensics Expert Opinions
  • Revision-Proof Data Erasure
  • IT Expert Opinions
  • License Audit and Software License Reports

Expert GDPR Training and Support – Compliance, 

We offer flexible call off arrangements, ensuring that we can meet your needs ensuring you are fully compliant, but also leverage maximum competitive advantage out of GDPR.

  • Continous GDPR Training & Support
  • GDPR Toolkit
  • Onsite GDPR Consultancy
  • Virtual DPO Services

Become GDPR Ready – GDPR Compliance Checklist

Here's a quick to-do list to get started with GDPR compliance activities:

  • Create a data privacy team to oversee GDPR activities and raise awareness
  • Review current security and privacy processes in place & where applicable, revise your contracts with third parties & customers to meet the requirements of the GDPR
  • Identify the Personally Identifiable Information (PII)/Personal data that is being collected
  • Analyze how this information is being processed, stored, retained and deleted
  • Assess the third parties with whom you disclose data
  • Establish procedures to respond to data subjects when they exercise their rights
  • Establish & conduct Privacy Impact Assessment (PIA)
  • Create processes for data breach notification activities
  • Continuous employee awareness is vital to ensure continual compliance to the GDPR

For further information about our Data Protection Officer Services or getting your organization for GDPR Compliance, please contact our GDPR Compliance team!

GST Council working on simplifying the process of filing GST returns

The Ministry of Finance, headed by Arun Jaitley, has decided to simplify the process of filing Goods and Services Tax (GST) returns and an announcement in this regard is likely to come soon. This will further ease the problems being faced by traders.

“In the 25th GST Council meeting held in January this year, the Ministry of Finance had given indication of possible changes in the procedure for filing GST returns. Further an expert panel was set up to work on the process of making GST return work simpler.

The panel has charted out a simpler version of GSTR and the ministry is likely to announce the new form of GST return process soon,” a source who was part of the GST Council meeting said.

The changes were expected to be announced in the GST Council meeting held in January, but the Ministry of Finance did not make any conclusive announcement then, only saying that there were several alternative presentations on how to ease the process of filing GST returns and the GST Council will try to incorporate these presentations to ease the process of filing GST returns.

There are four kinds of GST return forms—GSTR-1, GSTR-2, GSTR-3 and GSTR-3B. While GSTR-1 contains details of all outward supplies, GSTR-2 contains all details of inward supplies or purchases, GSTR-3 contains all furnished details of all inward and outward supplies and GSTR-3B is a self-declaration form filed by a dealer.

In the 23rd GST Council meeting, it was decided that filing of GSTR-2 and GSTR-3 forms would stop and only the filing of GSTR-1 and GSTR-3B would continue. According to experts, the current GST return filing process is cumbersome work for traders and there is an urgent need to change the whole process.

If the changes that the Ministry of Finance is planning to effect come about, a businessman or dealer will only have to file the GST-3B form and will be required to upload supply invoices.
Addressing the problems faced by traders in filing GST returns in its 23rd meeting, the GST Council had made sweeping changes.

The Council had tried to ease the burden of complying with GST rules for traders and businesses by relaxing deadlines for filing returns and fines for late filing.

The bulk of capital of thousands of exporters is stuck with the GSTN as the refunds claimed by them have not been given.

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Difference between Authorised and Issued Shares

Authorised Shares

At the time of Incorporation, you will specify the number of authorized shares.

This is the maximum number of shares that the company can issue to stockholders at a given time. However, the number of authorized shares can change at any time. You will need to submit a request for change with the registrar of companies (ROC).

So, while the company currently is authorized to issue 1 lakh shares, that number could increase to 10 lakhs next week.

Issued Shares

Issued Shares, also known as “issued and outstanding” shares.

This is the number of shares that the company, pursuant to the board of directors approval, has granted to the several stockholders. Issued Shares determine the percentage of a company's shares that are held by a given stockholder.

 

 

 

What is a Term Sheet?

Term Sheet

A term sheet is an important written document to complete a business deal. A well-drafted term sheet solves problem by having a proper framework for the final declaration. The term sheet, hence, reflects the broad consensus of the parties on the corporeal terms and conditions, so much as monetary value, quantity, valuation, due diligence and pre-emption. You need a great term sheet when you are looking to make a seed investing in a business.

What does a term sheet cover:

Investor details

Conditions of Investment

Capital Structure

Liquidation Preference

Information Rights

Management Rights