Building a Finance Function in India – In-house vs Outsourced India is welcoming global companies – from Silicon Valley-based tech giants to European manufacturers; every company wants a slice of one of the fastest-expanding markets. But, here is the catch: expanding into India is not about only finding customers; it…

Repatriation of Profits from India – Legal & Tax Considerations Expanding into India is exciting as the country offers a huge consumer base, competitive personnel, and numerous growth opportunities. However, as the business grows and becomes profitable, the question is  how to send the money back to the parent company?…

Key Regulatory Approvals Needed After Incorporation in India Establishing a wholly-owned subsidiary in India provides several benefits to foreign companies. But, expanding into India is much more than incorporation; it is about strategic precision. A business consulting firm ensures your WOS not only survives but thrives by mastering the post-incorporation…

How to Structure Intragroup Transactions to Minimize Risks of Transfer Pricing In the global economy, multinational companies operate across geographic borders and are involved in an intricate web of intergroup transactions. Although these transactions may seem routine, tax regulators view them more critically. Improperly structured intercompany transactions may raise red…

Understanding Purpose Codes for Outward Remittances: A Guide for Foreign Subsidiaries Sending money across borders? A small oversight can cost you a significant amount. Imagine you have wrapped up a project for your parent company and are awaiting payment against the invoice. And suddenly, the bank flags your remittance, a…

Transfer Pricing in India – Provisions, Deadlines, and Penalties In the modern-day global business environment, cross-border transactions are routine. However, they must be sold at a fair price to avoid tax disputes and comply with regulatory requirements. This is where transfer pricing regulations become important, and in India, these norms…