Net Worth Certificate Services in India
📌 What is a Net Worth Certificate?
A Net Worth Certificate (NWC) is an official document that declares an individual’s or company’s net worth, calculated as the difference between total assets and total liabilities. It serves as a proof of financial standing and is widely used for loan applications, visa applications, tenders, investments, and financial transactions.
Under Indian regulations, a Net Worth Certificate can be issued by a Chartered Accountant (CA) in accordance with Section 288 of the Companies Act, 2013, Accounting Standards, and Generally Accepted Accounting Principles (GAAP).
📌 Why Individuals and Businesses Need a Net Worth Certificate
- Loan & Credit Applications – Banks and financial institutions require NWCs to assess repayment capacity.
- Visa & Immigration Applications – Immigration authorities often demand proof of net worth for foreign travel or residency applications.
- Tenders & Bidding – Companies or individuals participating in tenders must provide financial standing proof.
- Investment & Partnership Proposals – Shows financial strength to investors or business partners.
- Financial Planning & Audit – Helps in personal or corporate financial assessment and statutory audits.
📌 How Net Worth is Calculated
Net Worth = Total Assets – Total Liabilities
- Assets include:
- Immovable properties (land, buildings)
- Movable properties (vehicles, machinery, equipment)
- Bank balances, fixed deposits, and investments
- Business or professional holdings
- Receivables and other assets
- Liabilities include:
- Loans (personal, business, or home loans)
- Credit card dues
- Other financial obligations
- Outstanding liabilities to suppliers or vendors
The calculation is done as per CA standards and Income Tax Rules to provide a legally valid certificate recognized by banks, government authorities, and other institutions.
📌 Documents Required for Net Worth Certificate
- PAN card and Aadhaar card of individual/company
- Proof of ownership of assets (sale deeds, bank statements, investment statements)
- Loan statements and details of liabilities
- Audited financial statements (for businesses)
- Details of movable assets like vehicles, jewelry, or machinery
- Board resolution / authorization letter (for companies/partnerships)
📌 Our Net Worth Certificate Services Include
- Assessment and verification of all assets and liabilities
- Preparation of detailed financial statement as per Accounting Standards and GAAP
- Assistance for individuals, proprietorships, partnership firms, LLPs, and companies
- Advisory for correct documentation and valuation methods
- Compliance support for submission to banks, financial institutions, visa authorities, or government departments
📌 Why Partner With India Stat Filing
- Expert team ensuring accurate verification and preparation of net worth statements
- We will help in Timely issuance of certificates for bank loans, tenders, or visa purposes
- Professional documentation accepted by financial institutions and authorities
- End-to-end support including valuation guidance and audit compliance
- Transparent process with easy submission and updates
📌 Our Commitment
At India Stat Filing, we ensure that your Net Worth Certificate is prepared accurately, legally, and professionally. Our expert team evaluates all financial aspects, verifies documentation, and issues certificates recognized by banks, government authorities, and institutions—helping you achieve financial and regulatory objectives efficiently.
📞 Get Started Today
Contact India Stat Filing today for expert support in obtaining Net Worth Certificates across India.