Certificate of Turnover/Net Worth

A Certificate of Turnover/Net Worth is an official document that certifies a company’s financial position, including its total revenue (turnover) and net worth. It is typically issued by a Chartered Accountant (CA) based on audited financial statements, balance sheets, and profit & loss accounts. This certificate is essential for businesses applying for loans, tenders, or regulatory compliance, as it provides credibility regarding their financial health. It includes details such as the company's total income, assets, liabilities, and shareholder equity. Organizations often require this certificate for taxation purposes, bidding processes, or to showcase financial stability in various transactions.

Required Documents:

• Audited financial statements.
• Income Tax Returns.
• GST Returns (if applicable).
• Bank account statements.

Information:

• Often required for bank loans, government tenders, or visa applications.
• The certificate confirms the financial stability of an individual or business.