Service Offerings |
The firm offers wide gamut of services to its clients in the area of transfer pricing which includes
- Assisting in structuring or restructuring intra-group transactions in a transfer pricing efficient cross-border strategies and business / pricing model in synch with the strategic objectives of the MNC group. This involves formulating and / or evaluating global transfer pricing policy
- Assisting in preparing and maintaining robust and contemporaneous transfer pricing documentation / study report which acts as a first line of defense to comply with the Indian transfer pricing requirements
- Representing the clients matter before the Transfer Pricing Authorities, Commissioner of Income Tax (Appeals) / Dispute Resolution Panel (DRP) and Income Tax Appellate Tribunal
- Preparing and issuing accountants report viz. Form 3CEB Read more...
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Trademark Registration
- Assisting in registering the trade-mark of the company
- Conducting the search for checking the availability of trademark
- Assisting in deciding the class under which the trademark is to be registered
- Filing application to the competent authority and obtaining registration certificate
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Assisting in designing or formulating inbound / outbound operations;
- Designing an entry strategy;
- Evaluating immediate holding company tax and legal jurisdiction;
- Strategy for Cross Border Transaction:
- Structuring revenue / capital flows eg. Royalty, Fees for Technical Services, Dividend, Interest, Capital Gains, etc. in tax and transfer pricing efficient manner by evaluating and interpretation of Double Taxation Avoidance Agreement between India and other country
- Mitigating exposure to Permanent Establishment;
- Attribution of Profits to such Permanent Establishment;
- Synchronizing the link between Transfer Pricing and Permanent Establishment, if required
- Remittance certificate for international transactions
- Formulating an exit strategy, if required
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Secretarial Services
- Assisting in complying with shifting of registered office from one state to another or within the state
- Assisting in amending Name & Object Clause of the Company and alterations in Memorandum and Articles of Associates of the Company, Drafting/vetting of Shareholders Agreement, Joint Venture, Legal and Commercial Contracts, Undertaking, Declarations, Agenda, Resolutions, Notice & Minutes of various meetings of the Company, etc.
- Assisting in conversion of companies from private companies to public companies, sole proprietor concerns to limited liability partnerships or private companies, etc.
- Various certifications under the Companies Act, SEBI, Listing Agreements etc.
- Provide consultancy services to the Board of Directors
- Assisting in Merger, acquisition, takeover, restructuring, Amalgamation, Demerger etc of the companies
- Maintenance of statutory registers & other records as required under the Companies Act.
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Direct Taxation
- Advising on Domestic Tax Planning for various business alternatives including advising on Domestic Transfer Pricing
- Tax Compliance like assisting in monthly TDS, timely TDS Returns, Tax Audits, Preparing and filing of periodic statements and issuing Annual Tax Certificates.
- Periodic compiling of accounting details, preparing and filing Return of Income, etc.
- Representing the clients matter before the Income Tax Authorities, Commissioner of Income Tax (Appeals) and Income Tax Appellate Tribunal
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Assistance for Start-up of Business in India
- Assisting the entrepreneurs seeking to incorporate a company / firm / LLP in India (public companies, private companies, non-profit making companies, Limited Liability Partnerships)
- It includes approval of the name of the companies, approval from the competent authorities like Reserve Bank of India, Registrar of Companies, FEMA Authorities (in case of Foreign Direct Investments other than non-automatic routes), etc.
- Obtaining Foreign Investment Promotion Board (FIPB), for solo or joint venture entry
- Assisting in opening of the bank accounts,
- Drafting of incorporation documents (like Memorandum of Association, Articles of Association) and assist the entrepreneurs in getting the certificate of incorporation from Ministry of Corporate Affairs
- Obtaining Necessary Statutory Registrations like Obtaining DIN for Directors, Obtaining Digital Signatures, PAN Registration, TAN Registration, VAT Registration / Service Tax Registration, Provident Fund Registration, Professional Tax Registration, etc.
- Assisting in obtaining and registering Common Seal of the Company, Issue of Share Certificates, Maintenance of Statutory Registers and maintaining minutes of the meetings, etc.
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Indirect Taxation
- Advising the clients on various service tax related matters like applicability of service tax, CENVAT Credit, service tax disputes, etc.
- Service Tax Compliance like assisting in computing monthly / quarterly service tax liability, timely filing of service tax returns, etc.
- Representing the clients matter before the Service Tax and Appellate Authorities
- Advising the client on various VAT related matters like applicability of rates to be charged on the value addition (subject to Commissioner’s DDQ in case of Maharashtra VAT regulations)
- VAT Compliance like assisting in computing monthly / quarterly / half-yearly VAT Liability, timely filing of VAT Returns, VAT Audit, etc.
- Filing of C-Form Applications, Amendment Application, Refund Applications and Administrative Relief Application in case of late registration of VAT
- Representing the client matter before the VAT authorities and Appellate Authorities
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Cost Reduction Studies
- Undertaking the cost reduction study which assists the client in identifying the impact of cost on various operations of the organization by adopting Activity Based Costing (ABC) Analysis in various areas namely Production, Sales & Distribution, Supply Chain Management, Funds Management, etc.
- The cost reduction studies helps the organization in taking corrective measures to reduce costs thereby avoiding unwarranted costs and facilitate in improving the existing bottom-line of the organization
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Auditing and Assurance
- Statutory Audit as required by the Companies Act 1956 of Private/Public Limited Company’s in various sectors of industry
- Internal Audit (Management Audit / Operations / Systems Audit )
- Formulating robust risk management policy
- Due diligence Audit from various perspectives like Financial, Accounting including Tax, Legal, Commercial due diligence, etc.
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Operational Efficiency Reviews & Investigative Reviews
- Undertaking Operational Efficiency Studies which assists the clients in identifying improvements in their current operations wherein the current situation is analyzed with the respective industry-leaders/competitors for operational efficiency benchmarking and its assessment. Based on these analyses, we work with them to develop long-term strategies for achieving their business goals.
- The operational efficiency study helps the organization in taking corrective to improve operational efficiency which adds value to the operations of the organization. Such Studies also helps the organization during ISO accreditation
- Undertaking investigative studies which assists the clients in indentifying frauds, revenue leakages, if any, in the organization
- The investigative study helps the organization in taking corrective steps to avoid/reduce/control revenue leakages and help to improve the organizational profitability.
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Accounting & Business Process Outsourcing
- Assisting in preparing or preparing and maintaining day-to-day book-keeping and monthly / quarterly management accounts based on US GAAP or Indian Accounting Standards as per the requirement of the clients
- Assisting in designing and implementing a Management Information System (MIS)
- Assisting in designing and implementing Human Resource and Payroll System
- Ensure Compliances under Payroll related laws like Income Tax, Profession Tax, Social Security. (Provident Fund, etc. covered)
- Review of Treasury Position, liaising with Bankers, reconciliation of balances, documentation for making Foreign Outward Remittances for Imports / Other Non Trade Payments.
- Preparing all the Accounting Data requested by the Management, providing Periodic Reports to Management, assisting in Consolidation of Local Accounts with Head Office Accounts and ensures consistency between Management reports and local accounting reports, assisting in preparation of Budgets and Cash flow Statements.
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FEMA Compliances
- Assisting in making an applications to Reserve Bank of India for purchase/sale of shares, debentures & securities and directly to and from Residents in India and outside India.
- Assisting in Transfer of shares from Indian resident to non-residents and vice-a-versa.
- Consulting and assistance with regards to Foreign Direct Investment and other related matters like permission for setting up of Liaison office, Branch office, Project Office in India etc.
- Setting up Joint Venture (JV)
- Liaisoning FIPB/RBI with regard to approvals required to be obtained
- Making application to Reserve Bank of India for purchase/sale of residential and commercial property including renting out of property.
- Other Advisory Services on FEMA / RBI etc.
- Issue of Statutory Certificates under FEMA & RBI regulation.
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Tag : Transfer Pricing In India, Specified Domestic Transactions , transfer pricing in india , transfer pricing documentation , transfer pricing assessment , transfer pricing study , transfer pricing audit , transfer pricing agreement |
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