India Tax and advisory, business entry and consulting services


Our Services

Businesses and their stakeholders have to deal with copious amounts of uncertainty on a daily basis. As professionals and experts in our field it is our endeavor to take the guesswork out and to ensure that there is clarity with respect to taxation, regulatory and other related spheres of your business.

income tax india personal tax foreign tax non resident tax expatriate tax returns ITR

n the last few years the Indian tax and regulatory environment has seen many changes, re-affirming the fact that one needs to be their toes, ever ready, to succeed in the country. As subject matter experts we at Arkay & Arkay can affirm that in the years to come we can expect more changes to the tax structure in the form of legislation such as General Anti Avoidance Rules (“GAAR”), We can expect more litigation and discussions around “Place of Effective Management”(PoEM) and “Controlled Foreign Corporations” (CFC) respectively.

At Arkay & Arkay, we understand that business are fast blurring international borders, thereby making tax compliance even more convoluted and ensuring that it must be given the attention that it truly deserves. Arkay & Arkay helps Only organizations treat tax as a strategic element of their operation.

We help create a business tax strategy that focuses not on compliance with existing statues  but must anticipates and is prepared for future developments in policy and administration , not to forget developments in judicial circles thereby helping reduce your compliance costs.

Our Direct Tax practice can help you with

CORPORATE TAX COMPLIANCE

  • Preparation of corporate tax and other returns, including advice on positions to be adopted in the returns.
  • Assistance in assessments / representation before the Indian tax authorities at all levels
  • Assistance with withholding tax (TDS) returns

OTHER SERVICES

  • Expatriate taxation
  • HNI tax return planning and provision
  • Tax dispute resolution
  • Tax accounting under IFRS or US GAAP

CORPORATE TAX ADVISORY

  • Inbound tax advisory
  • Identifying tax exposures
  • Alignment of tax strategy with business strategies
  • Opinions on specific issues and assistance during change of law, rules and other developments due to new case laws
  • Contract structuring and reviews
  • Withholding tax advisory and certifications

INTERNATIONAL TAX

  • Strategic tax and regulatory advisory services on cross-border acquisitions and divestitures
  • Advisory on holding structures and business models for doing business in India and abroad
  • Treaty advisory and utilization
  • Advisory on GAAR impact and Mitigation

Our Indirect Tax Practice includes

Indirect taxes, particularly service tax, has found greater With the forthcoming advent of the Goods and Services Tax (GST) indirect taxes shall occupy a greater role in the governments efforts for revenue generation. We at Arkay & Arkay help businesses identify indirect tax liabilities and exposures. We help our clients comply with these regulations so they can do what they do best, focus on their own business.

SERVICE TAX ADVISORY

  • Advice on classification, valuation, duty liability and input credit eligibility
  • Review of tax process, compliance and position taken
  • Review of previous compliance and highlighting potential areas of exposure
  • Advise on tax optimization
  • GST impact analysis and assistance in transition
  • CENVAT  credit review

SERVICE TAX COMPLIANCE

  • Assistance with obtaining /surrendering registration
  • Assistance in tax determination and regular compliance filing
  • Tax refund assistance
  • Litigation related Representation
  • Service tax audit related assistance
income tax india personal tax foreign tax non resident tax expatriate tax returns ITR

Going global means not only increased revenues and profits but also increased regulatory oversight. Businesses have to ensure that all transactions with related parties are above board so as to avoid transfer pricing adjustments. Even domestic businsesses are now exposed to such adjustments thanks to the introduction of Domestic Transfer pricing regulations. Our team at Arkay & Arkay works closely with businesses to ensure that they remain on the right side of regulations at all times.

Our Transfer Pricing services include

TRANSFER PRICING ADVISORY

  • Transfer pricing risk assessment
  • Helping develop cross border service/ sale contracts across geographies ensuring consistent approach to transfer pricing
  • Preparing Bench marking report for reportable transactions.
  • Assistance with APAs

TRANSFER PRICING COMPLIANCE

  • Transfer pricing reporting to the tax authorities
  • Representation before Transfer pricing officers and other higher authorities
  • Dispute resolution
India business advisory

Value is a remarkable concept, known to many but understood by few. We help stakeholders understand and measure the value of the things that can be measured. We assist businesses with regulatory compliances, in times of litigation, while raising investments and all other occasions where one may have to ascribe value to your businesses.

OUR SERVICES INCLUDE

  • Valuation of Business, Equity and Intangibles
  • Valuation for the purposes of submission before regulatory bodies such as Reserve Bank of India (“RBI”) or the Company Law board (“CLB”)
  • Valuation for Tax purposes
  • Valuation for transaction purposes
  • Valuation support during litigation and disputes
  • Determination of value for the purposes of impairment analysis
India business advisory

Arkay and Arkay offer a complete suite of advisory services encompassing M & A, Risk Advisory, Capital Market, and Transaction Support among others. Given today’s global economic situation it is important that business maximize their resources. To this end, we provide valuation opinion, Business modeling, forecasting and structuring in addition to other services. Our advisory wing offers services to handle financial and operational risk challenges. We help strategic and P.E Investors understand Financial, tax and business exposures.

MERGERS AND ACQUISITIONS

BUY SIDE ADVISORY 

  • Formulation of strategy
  • Scouting for targets
  • Co-ordinating due diligence
  • Finalization of documents
  • Deal Execution
  • Closure

SELL SIDE ADVISORY

  • Strategy to maximize valuations
  • Identifying buyers
  • Managing valuation expectations
  • Negotiation Support
  • Co-ordinating due diligence
  • Deal Execution
  • Closure

TRANSACTION ADVISORY

DUE DILIGENCE REVIEWS

  • Financial due diligence
  • Business due diligence

TRANSACTION REVIEW

  • Review of Transactions from a tax and regulatory perspective
  • Evaluation of transaction structures
  • Assistance during negotiations
  • Assistance during transition compliance

BUSINESS RESTRUCTURING

  • Risk assessment and restructuring plan preparation
  • Business reorganization support
  • IPO and delisting advisory
  • Deal implementation support
India ASSURANCE SERVICES

Arkay & Arkay provides assurance services to provide accurate and in-depth reporting to both internal as well as external stakeholders in an era when stake holders are increasingly demanding greater transparency in corporate governance.At the same time investors want easier access to increasingly accurate and relevant financial information coupled with full disclosure on exposure and risks. Making these services therefore of great importance for leadership, management, audit committees of businesses of all shapes and sizes.

Our Assurance practice includes

AUDIT AND ASSURANCE

  • Statutory Audits
  • Concurrent Audits
  • Financial Accounting review
  • Preparation of system studies and accounting manuals
  • Other Agreed upon procedures

Business Risk Services 

  • Establishment of Internal controls
  • Drafting and implementing Standard operating procedures across the organization
  • Review of operational effectiveness of internal controls and SOP compliance verification
  • Internal Audits based on agreed procedures
  • Sarbanes-Oxley compliance across geographies
  • FCPA Compliance review
  • UK Bribery Act compliance review

.