Setting up of entry structure(e.g., Liaison Office, Branch Office, Joint Venture, Wholly Owned Subsidiary etc)
Consultancy for opening specific bank accounts such as EEFC Account, NRE Account
Regular RBI Returns in case of FDI
RBI Formalities for Automatic Route (No approval required, only reporting) Approval route (prior approval required fro competent authority)
Industry-wise sectorial caps of Foreign Direct Investment
Approvals in case the investment is exceeding sectorial caps
Submission of Annual Performance Report to RBI
Reporting of share certificates or any other the document evidencing the investment in foreign entity
Reporting for Repatriation to India the dues receivable from the foreign entities
Fema services Reporting for disinvestment
Reporting for change in shareholding Pattern in Overseas entity
Determination of your residential status in India
Interpretation of DTAA with a view to reduce tax liability in India
Handling of issues relating to inheritance, will, etc.
Compliances with respect to the income-tax Act, 1961,
Application for Permanent Account Number (PAN)
Fema services Filing of India tax return
Advising suitable tax saving investments
Representation before tax authorities, In case required
Opening if various bank accounts and compliances thereon
Various compliances in regard to repatriation of funds/investments/property, etc.
Professional services for obtaining Import - Export Code ( IEC ) from DGFT
Issue and Transfer of Shares from Non residents to residents and from residents to Non Residents
International Transactions as per Double Taxation Agreements(DTA)
|Branch office||Liason office||Project office|
|Preliminary condition||The foreign parent company must have a profitable track record of five years in a row with a net worth of more than $ 1,00,000/- duly supported by financial statement||The foreign parent company must have a profitable track record of three years in a row & the net worth must be more than $ 50,000 attested by their auditors.||The foreign entity must have secured a Project in India, and a formal and legally binding agreement is executed for the same financial statement.|
|Taxability||branch office is treated as a foreign entity and is subject to higher Income Tax @ 40%||If activities amount to commercial activities through a permanent establishment (PE), profits will be taxed at 40 percent||Once it become PEM then tax will be applicable.|
|Remittance of profits||The profits of the branch office are freely allowed to be remitted from India to its parent company, but only after the payment of applicable taxes, and after the audit if books of A/c.||The profits of the branch office are freely allowed to be remitted from India to its parent company, but only after the payment of applicable taxes, and after the audit if books of A/c.||The profits of the branch office are freely allowed to be remitted from India to its parent company, but only after the payment of applicable taxes, and after the audit if books of A/c.|
|Name||The name must be same to that of the foreign parent company, and for each new office of such branch office, a fresh approval is required from RBI with justification.||The name must be same as that of the foreign parent company, and for each new office of such liaison office, a new approval is required from RBI with justification.||The name should be as per agreement|
|Letter of Comfort||In case of LO/BO If foreign Company do not met Preliminary condition then Letter of comfort required|
|Formalities for FDI registration in Firms- Professional Fee||3,500|
|CA valuation Certificate- Discounted Cash Flow Method- Professional Fee||5,000|
|Company Secretary Certificate- Professional Fee||5,000|
|Filing of FCGPR-Professional Fee||11,000|
|Merchant Banker Valuation certificate if required in Fema services||At Actuals|
Multiple professional services under one roof (Accounting, Fema services, Taxation and Legal support)
We provide businesses advice from qualified professionals with diverse experiences in Fema services.
Our lower operational fixed costs helps startups allocate more funds elsewhere.
Fema services provide cost effective solutions that are easy to implement.
Our diverse professionals provide hassle free support reducing management involvement in back-end activities.
We dedicate a team member to ensure accountability to a startup.
CA, B.com (H)
Shyam Goel is the founder partner of the company and serving the profession since 1990. He carries vast experience in the field of Accountancy, Audit, and Corporate Law Matters. His strengths include excellent drafting, communication and management skills. He is the guiding force with 25 years in professional field.
Gopal Bansal is currently leading the Managing partner of the comapny. He is serving the profession since 1994 and has a good exposure in Indirect Tax,Direct Tax, Accounting,Fema Services, Assessment Proceedings apart from his acumen across the areas of Management & Operational Audits and Management Consultancy services.
Sanyam Goel has rich experience of Cross Border Transactions for various clients of the firm including International Taxation,IFRS,Fema services and US GAAP. He is associated with the company for more than 6 years and has developed strong knowledge over the years. He has worked at senior positions in Ernst & Young.
Associate | Chartered Accountant
Vinay is a qualified Chartered Accountant and manages the Taxation service at accorptaxpro. He’s adept at transaction structuring with respect to Direct and Indirect taxation matters. He ensures that he is always updated on the amendments in the ever evolving taxation environment. When not at work, Vinay enjoys playing cricket and binging on street food.
He is currently leading the Inbound Investment Services wing of the compay. He has good exposure in Direct Taxation, Statutory & Internal Audits. He has a focused approach towards work & to this he has lead marketing, manufacturing and overall management assignments.His provides the clients an important opportunity to streamline and improve all aspects of reporting & understanding.
Govind Gupta leads the Indirect Tax team of the company. Serving the profession since 2002, he has vast experience in Sales Tax matters, Service Tax Compliances as well as new tax compliances under GST regime. Apart from Indirect Tax, he is well-equipped in providing Management Consultancy & other attestation services, including internal audit, Fema services and due diligence.
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