Business Setup in India– Now a days businesses are no longer exclusive to domestic markets, as they operate on an increasingly global scale. The development of a contemporary company often includes the establishment of overseas branches and subsidiaries. Recently, Asia has become home to one of the most dynamic and competitive markets, which prompted many companies to establish branches on the continent. Tokyo Consulting Firm is composed of highly experienced professionals who specialize in establishing and registering offices and parent. Moreover, our adept professionals are well-versed with market trends and provide every service to help our clients in Business Setup in India and fulfill the customers’ requirements in a proper & immediate manner.

Ever since its inception in 1998, Tokyo Consulting Firm, India continues to keep its rigorous and up-to-date knowledge base through market R&D. Owing to our approach and ability to furnish the best quality services to our clients, we have been able to earn recognition as one of the best Consulting Firms for Company Setup in India.

Business Setup Consultants In India

When Setting Up a Business in India, every aspect of the incorporation must be taken into account, such as Indian law, regulations, customs, and so on. The different types of business organizations in India according to Indian law are as follows:

Furthermore, our multilingual professional staff has experience from several companies, with credentials such as CPA and USCPA, which enables us to create financial statements under GAAP or IFRS. We strive to provide Business Setup in India with highest level of professionalism at the most competitive prices. Our global strategy and implementation services team provide:

1. BUSINESS PLANNING AND INITIATION

• Promotion Formation and Incorporation of Companies (LLP/ Private/Public/WOS) and matters related therewith including choice of type of company, name availability, drafting of MOA, AOA and other related documents.

2. FINANCIAL SERVICES AND RAISING OF ISSUES

• Registration of Charges, Preparation of Search and Status Reports
• Adviser/ Consultants in issue of shares (Equity/Preference) and other securities
• Private placement of shares and other securities

3. CHANGE OF COMPANY INFORMATION

• Change in Name of the Company
• Change of Objects of the Company
• Change of Registered Office of the Company

4. CORPORATE LEGAL AND ADVISORY SERVICES

• Filing, registering, representing, attesting, and verifying documents including forms, returns, and applications by or on behalf of the Company as an Authorized Representative
• Pre- Certification of Forms and Documents
• Maintenance of Secretarial Records, Statutory Books, and Registers
• Filing of petitions before NCLT

5. FOREIGN EXCHANGE MANAGEMENT ACT

• Advising on Legal and Procedural matters under FEMA
• Filing of ARC, FC-GPR, and FC-TRS
• Obtaining RBI/FIPB Approvals
• Filing of Annual Return on Foreign Liabilities & Assets Reporting by Indian Companies
• Opening of Branch/Project/Liaison Office in India

6. REGISTRATIONS

• Value Adds Tax (VAT)
• Service Tax Registration
• Shops & Establishment Registration
• Professional Tax Registrations

7. OTHER SERVICES

• PAN
• TAN
• DIN Number

At TCF Consulting Group globally coordinated tax professionals offer connected services across all tax disciplines to help you thrive in an era of rapid change. In order to support our customers’ establishment and business development, Tokyo Consulting Firm provides a broad range of fully integrated Tax Services in India.

As our staff is composed of Indian local tax specialists, we are able to serve our customers the necessary knowledge and insight into the Indian market. Through our integrated taxation services in India, we provide our clients the opportunity to increase net asset value, undertake transfer pricing, minimize tax liabilities, implement tax computer systems, and provide advice regarding the financial implications of business decisions. Through our compliance services and tax services in India, we assist our clients in the preparation of corporate and individual tax returns, tax audit defense, and tax risk management.

As part of our tax services in India, we offer:

1. TAX PLANNING AND CONSULTING.

Tax planning and consulting require a good understanding of international tax treaties, particularly the Double Tax Agreements (DTA) between India and a number of countries. Our local staff is specialized in India-related tax matters. Thus, we can supply our clients in India with tax structures that support their proposed transactions, thus allowing companies to reduce their tax exposure. We offer a range of taxation and business support services in the following key areas:

• Taxation services
• Tax planning and consulting
• Cross border transactions
• Tax compliance
• Structured Tax
• Tax due diligence
• Business support services

2. TAXATION SERVICES IN INDIA

We can assist clients in mitigating their tax risks in India thanks to our local and specialized knowledge. Through careful planning in the establishment process, our customers can ensure that the transnational risks are identified and reduced and that their operations are in compliance with international and Indian local tax regulations. For multinational companies, these transactions are referred to as cross-border transactions and include areas such as:

• Withholding tax
• Value added tax
• Transfer pricing
• Advanced Pricing Arrangement (APA)
• Double Taxation Agreements

Moreover, we also provide assistance on tax compliance issues, such as:

• Corporate tax returns
• Personal income tax for expatriates
• Special business tax
• Stamp duty
• Monthly VAT (value added tax) and withholding tax returns

Additionally, we help our customers in the preparation of tax registration and application procedures and claims. We also assist clients seeking answers on India domestic tax matters and legislation, such as drafting taxpayer objections, appeals, and requests for tax rulings. In addition to this, we are well equipped to represent clients in India Revenue Department audits and seek refunds for overpaid value-added tax and withholding tax.

3. INDIRECT TAXES

Any business buying, selling, investing, or employing staff in one or more countries is confronted with indirect taxes. Globally, governments are increasingly imposing indirect taxes: sales taxes, general services tax, business tax, VAT, customs duties, energy taxes, environmental taxes, excises, etc. New regulatory challenges arise in parallels, such as the Sarbanes-Oxley Act and similar rules in other jurisdictions. Unless indirect taxes are properly managed, profitability will decrease while working capital requirements (cash flow) and risks will increase. With regards to these issues, we can provide the following services:

• Information on rules, rates, and jurisprudence
• Indirect tax strategies that manage the impact of these taxes on the company’s financials, risk portfolio and organization.
• Setting up, automating and digitizing indirect tax compliance processes.
• Support with indirect tax inspections and litigation.
• Monitoring of policy developments.

4. TRANSFER PRICING

Transfer pricing refers to inter-company pricing arrangements, with regard to transactions between related business entities. These can include transfers of intellectual property, tangible goods, services, and loans or other financial transactions. The use of transfer pricing tax strategies has recently attracted a high level of international attention, due to the rapid rise of multinational trade, and the opening of several significant developing economies. As a result, transfer pricing had an increased impact on corporate income taxation. As multinational corporations evolve into true global enterprises, compliance with the differing requirements of multiple overlapping tax jurisdictions has become a complicated and potentially expensive task to perform. In response to these factors, tax authorities around the world have become more aggressive in the transfer pricing arena, introducing stricter penalties, new documentation requirements, increased information exchange, improved audit staff training and increased audit and inspection activity and specialization. This intense scrutiny implies significant risks for the unprepared companies, particularly in a complex field such as transfer pricing where each transaction must be analyzed under its own unique facts and circumstances. We aid clients in taking care of their transfer pricing by offering the following services:

• Transfer Pricing Assessment.
• Transfer Pricing Report.
• Filing of 3CEB (Transfer Pricing Audit).
•  Resale Price Method.

International Taxation: International taxation services in India provide advice and guidance on various tax issues related to cross-border transactions, including double taxation, transfer pricing, and foreign tax credit.

Our taxation services in India can help our customers to detach themselves from every hassle when it comes to taxation and offers the most impeccable tax services in India to business establishments based all over the country.

Accounting Services in India– Companies seem to dislike the term ‘turnaround consulting’ because it represents failure. The truth is that turnaround consulting represents success at realizing the company is going in the wrong direction. The only time the company fails is when it is not possible to do a turnaround anymore. We help companies pivot into more profitable directions where they can expand and grow. It is inevitable that companies will end up making a few mistakes; we help them correct these mistakes.

We help companies turnaround their non-profitable ventures into something that benefits them. Our specialty lies in understanding what makes a company special and what makes it tick.

ACCOUNTING CONSULTING FIRMS PROVIDE A PLETHORA OF POPULAR ACCOUNTING SERVICES, INCLUDING –

Tax Liability: The tax rate is high in the corporate world as it is considered that organizations make considerable profits. To retain profits, companies often try to reduce the taxable rates that are paid to the government. To carry out this service efficiently, businesses need finance and accounting services in India so that the resources can be saved. For the government, finance and accounting statements are important as numerous organizations tend to fudge the reports to abstain from paying tax.

Transparency: The smallest number on the balance sheet of a company can make a huge difference in the business. For an organization, it is mandatory to have clear, transparent, and easily understandable financial statements as these play a vital role in the decision-making processes. A company’s profits after getting interests, depreciation values, risk involvement, reports of revenue earned, measurement of the current profitability, and estimating the company’s future financial status – at every step, it is supremely important to have accounting consultant experts to reap the best results

Lessen Errors: With the help of account consulting experts, there are fewer chances of occurrence of errors. Through inconsistencies in the numbers, an expert can determine if an illegal activity has occurred which makes it easier to get accountability for the activities. Additionally, if any mistake has been made, the reconciliation of the accounts can uncover the same. That’s why every company invests a great deal of energy in organizing and accommodating the book of records by focusing on having effective bookkeeping techniques and processes in place.

Better Forecasting, Planning, and Decision making: A good finance and account consulting firm has adequate analytical skills and attention to detail. It helps the company to have better strategic planning, managing, and wise decision-making processes in place. The financial statement of an organization showcases the funds flow, how to improve profits, revenue generation techniques, trading accounts, how to manage the company reserve, and proposes how to increase sales to boost financing.

Companies outsource their accounting services to maximize the cash flow and profit of the company. Outsourced financial consulting companies provide end-to-end accounting services according to the requirement of the clients with the help of updated software and Avant-grade technological services like Sage, MYOB, QuickBooks, etc.

In nutshell, it is thus crucial that organizations endeavor to keep robust and updated financial accounting services so that businesses can run smoothly and successfully!

As we know that accounting is one of the key functions of all businesses. Upon opening a branch or business abroad, it is crucial for an organization to get its accounting services managed properly right from the start. As part of our integrated services strategy, Tokyo Consulting Firm offers accounting services in India such as bookkeeping and regular or on-demand consulting to clients based all over India.

Our main accounting and consulting services consist of the following tasks:

• Monthly Accounts and Book Keeping
• Inventory Valuation
• Monthly MIS Report
• Monthly Review of TDS and Service Tax
• AR Reconciliation

Additionally, the experienced staff at TCF India can perform all necessary accounting compilation tasks. We have the ability to generate financial statements according to GAAP and under IFRS (International Financial Reporting Standards). In addition to this, our staff is acquainted with main ERP systems, such as SAP, and can produce statements and records according to the system requested by our customers. Thus, our accounting consulting services for foreign businesses in India are highly flexible, as the type, frequency, platform, and language of the reports can be customized to fit our customers’ needs.

At TCF India, we are committed to providing timely and accurate financial information to our clients. With well-organized and meaningful financial records, the business operations of a company can run swiftly on TCF on a day-to-day basis. We provide a full range of cost-effective accounting services in India and accounting solutions:

• General ledger & financial statement preparation
• Bookkeeping (Monthly/Quarterly/Annual)
• Accounting system setup for new businesses
• Business tax return preparation (Sales & Use/Business Property)
• Computerized payroll services
• Personal financial statements
• Litigation support

REVIEW AND COMPILATION

As part of our financial reporting services, we view our role as a great opportunity to provide constructive solutions for businesses looking forward to enhancing the profitability and efficiency of their company. Our financial reporting services are offered on the following two levels of assurance:

• Review –our team conducts some analytical procedures with limited assurance
• Compilation – based upon client information provided and used primarily for internal use

Contact Us

• Get in touch with our professional accountants today!
• You can also ask about our Business Registration and advisory services!
• Call us at +91-011-4565 -1750
  
• https://www.tokyoconsultingfirm.com/india/contact/