Networth Certificate | Hire Your Consultant Now

A Networth Certificate can be issued by a chartered accountant, you should consult with an experienced CA who used to issue it on your behalf. It is an essential document which outlines the net worth of any business organisation for a period of time. To get your certificate, you need to gather certain documents. Read this article to know everything about it and how you can hire your consultant for that.

What is a Networth Certificate?

A Networth Certificate is popularly known as a document that presents the financial status of an individual or business entity. After analysing the book of account, investment details and other records, it marks all the assets and liabilities. A qualified chartered accountant can issue it. You can hire a consultant for applying for your own network certificate.

The main role of this Certificate is to measure the financial health of applicants. The process of getting it includes certain documents which can be arranged by a consultant only. Bizfoc provides you with a Networth Certificate in just 24 hours.

Who certifies Networth Certificates?

It is certified by a qualified Chartered Accountant. No one other than a chartered accountant can issue this certificate. To get an authentic certificate, you should consult with a genuine personality. Bizfoc have great reputation in dealing with Networth Certificate.

What are the documents required for it?

There are certain documents required for a networth certificate. These documents includes:

  • Identity card such as PAN Card, Aadhar Card, or any other
  • Address proof such as Passbook, electricity bill, or any other
  • Email, Phone Number or any other Contact Information
  • For outlining income & expenses Income Statement is required
  • For accurate assets & liability Balance Sheet is needed
  • Bank statement to ascertain bank balance
  • Property Documents for asset verification
  • Investment Records for highlighting the current worth of all investment
  • To provide a comprehensive account of liability, Loan Documents is needed
  • To provide a comprehensive overview of income & tax obligation, Tax Returns is required

Fees for Networth Certificates

At Bizfoc, we understand the value of money. We provide Net Worth Certificates at the most affordable price compared to others. Get your Networth Certificate for just ₹2500/- in just a single day. Net Worth Certificate is required for various purposes, know how to get your Net Worth Certificate within a day.

How to apply for a Networth Certificate?

To apply for a Networth Certificate, one need to follow these steps:
  • Step 01: Connect with a Chartered Accountant: The very first step is to consult with a chartered accountant who can prepare a Net Worth Certificate. Bizfoc has a team of qualified chartered accountants.
  • Step 02: Documentation: Once you connect with Bizfoc, our CA will assist you in gathering your documents for further processing. They will make sure if all the documents are accurate and up-to-date or not.
  • Step 03: Fee Payment and Review: Once you gather all the documents, you need to pay a fee for the certificate, and then our CA will review your application and documents. Remember, there is no external fee other than ₹2500/-.
  • Step 04: Verification: Once the application is submitted, our CA will prepare and certify your Net Worth Certificate upon successful verification. After final verification, you’ll get your Net Worth Certificate.

Networth Certificate Format 

A networth certificate is a document which includes all the assets and liabilities of an individual. It shows the overall financial position of an individual or a company. The format of networth certificate includes the following details: 

  • Name of the applicant
  • Date (when net worth is calculated)
  • Networth Amount
  • Place where the meeting is held 
  • Name of accounting firm
  • Date (When the certificate is certified)
  • Asset detail
  • Liability detail

Make sure all the information provided by the applicant is valid and appropriate. Incase of any mistake or false information certificate can be canceled. The detailed format of networth certificate is as follow:


NETWORTH CERTIFICATE


TO WHOM SO EVER IT MAY CONCERN


Net Worth Certificate of Name Primary Person__________ (Adhaar Number:__________) residing at ( Complete Adress)__________  as on (date)__________ is ₹ __________ & _______(in words).It is further certified that the computation of Net worth, based on my/ our scrutiny of the books of accounts, records and documents, is true and correct to the best of my / our knowledge and as per information provided to my / our satisfaction.

Detailed Bifurcation of Net worth are as follows:

Schedule

Particulars

(in ₹)

A

Movable Assets

XXX

B

Immovable Assets

XXX

C

Liabilities

XXX

Total

XXX

 

This Certificate issued on the basis of documents submitted before us. This Certificate is issued for the purpose of ____________.

 

For Chartered Accountants

Partner Name

Partner Signature

Membership No:

Date:

Place:

UDIN: 

 


Schedule A: Movable Assets

Sr.

Particulars

(in ₹)

Schedule B: Immovable Assets

Sr.

Particulars

(in ₹)

Schedule C: Liabilities

Sr.

Particulars

(in ₹)


Hire your consultant now!

Hiring a networth certificate consultant is a complex part while applying for a certificate. One needs to understand the complexity of choosing a consultant for themselves. You should believe in someone who has experience in that field. Bizfoc have multiple year of experience in issuing a networth certificate, you can trust them when applying it. Connect with Bizfoc now, to get your certificate.

Why choose Bizfoc for Networth Certificate Consultant?

Bizfoc offers a seamless solution for obtaining a CA-certified Net Worth Certificate, simplifying the process for individuals or businesses with our experienced chartered accountant. We will guide you throughout the process in gathering documents and ensuring accuracy and compliance. Not only this our team will assist you after the process for post requirements.

Conclusion

A Networth Certificate helps in the process of taking loans, credits, or even a VISA. You can get your certificate from a qualified chartered accountant only. You need identity proof, address proof, contact details, a bank statement, loan details, etc to get your Net Worth Certificate. The fee is ₹2500/- only at Bizfoc for the Net Worth Certificate. Connect with Bizfoc to get your certificate now.

Frequently Asked Questions (FAQs)

A networth certificate is a document that showcases the financial status of an individual or business entity.

Only a chartered accountant can issue a networth certificate.

Bizfoc offers the most affordable price for a networth certificate at just ₹2500/- only.

It can be calculated by subtracting total liabilities from the total assets of an individual or a company.

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