As India’s managing tax firm, we support enterprises to form efficient strategies to optimize their taxes, complete innovative tax planning strategies and efficiently handle compliance-related requirements.
Tax always comes into the frame in nearly every step of the business. Thus to evade possible losses related to tax, it is important to take advice before conducting a business transaction. So it’s better to do tax planning in advance to decrease the risk.
Though our common international tax services, we can produce a method that will allow us to focus on improving the business leaders to make informed tax decisions, to implement change which will help to maintain the tax affairs to help the business operations and discuss the risk connected with non-compliance.
A critical aspect of doing business in India is corporate taxation and governing compliances are more complicated and ever-changing. It is important to recognize the progress in regulatory and tax demands, their influence on your business and using them strategically to your choice. Keeping pace with new agreements and meeting them becomes a daunting responsibility for most businesses. In a extremely competitive view, aligning your tax strategy to your business strategy is a crucial part of optimizing profit boundaries.
1. Tax Planning
2. Tax Housekeeping
3. Tax Health Check-up
4. HNI Tax Management
5. Taxation Of Trust
6. Registration & Compliance Management
7. Withholding Tax Advisory & Compliance Support
8. DTC, GAAR, THIN CAP & CFC Advice
Our business tax services give the transactional information and innovative plan required to commercial organizations together with the compliance assistance needed to assist the regulatory responsibility.
We give a full planning and advisory service which includes all areas of business tax. This assures your tax charge is maintained and tax in other areas of your business concerning shareholders’ wealth and employee privileges is minimized.
The terms of an efficient and cost-effective compliance service ensure that all the financial obligations of your business are engaged so that your time is released to the advantage of your business..
Our tax advisory services include a wide range of financial planning and wealth management services to satisfy the requirements of high net worth individuals and families. These constitute advice on the use of trusts and estate planning, asset protection and retirement planning.
Our tax assurance services vary from simple tax compliance to complex trusts and estates. The effective management of our compliance burden and mitigation of tax liabilities are fundamental concerns when carrying out our assurance services.
MAS team has vast experience in giving tax services to foreign and domestic enterprises, along with people and representative offices. In our long, close working relationship with the tax authorities. MAS offers general taxation services including increasing tax-optimization arrangements and shifts pricing policies in line with corporate international strategy, agreement with Indian tax regulations, liaising with tax authorities and preparing and submission of tax returns.
Consultancy in all legal and taxation involves both Direct & Indirect Taxes including Customs, Excise, Service Tax, FEMA., Company Law, MRTP and other allied laws including descriptions before authorities. From examining the potential tax issues of new locations to serving with your compliance efforts to serving you adhere to severe regulatory necessities, our tax professionals have the experience and team to give the attention you requirements.
Help the start-ups and newly established businesses regarding advice on assessing the increase plans, promote administrative compliances, designing and developing in-house policies and systems
Support the organization in mapping policies and rules, design answers and data model workflow on finance, accounting, taxation management tools including SAP, oracle. We will also serve to explain, collate, expand and manage tax information as per a particular product or industry.
Support the business to stay refreshed with the continuously evolving tax regulations, reasons and methodologies for direct and indirect taxes. Plus give help in large scale change projects including alliances and acquisitions, globalized diversification strategies, operational settings, and personal transactions.
Give an open approach towards the development of the process which can assist to maintain the tax department which will add content to take important decisions. Design and complete the tax process, technologies. Even the resource model to increase value-added activities in process design and much more to explore.
The influence of Channel Islands tax reform on your business
Many businesses face a problem as they do not have in house expertise to solve the situation
They are a complicated multi-jurisdictional requirement
Watching all the global tax compliance issues, risk and opportunities more efficiently
Building a tax beneficial model to comply with a growing, more visible tax regulatory responsibility
Guidance on various domestic and even international tax topics including cross border transactions
Advice on tax perspective in respect of agreements among different parties
Guidance on the withholding of taxes on the payment to residents and/or non-residents
Permanent business exposure and its impact
Distinguish among the current tax estimate and the estimate as to the terms of Income Tax Computation Disclosure Standards (ICDS) and its influence on cash flow and disclosure.
Examine the impact of the place of active management rule to limit the residential status of the foreign company/ overseas group entity in India having an interest in global management.
Explain the meaning of General Anti Avoidance Rules (GAAR) concerning cross border transactions
Advice on Repatriation plans
Set up of LLP and change plans
Information on getting of tax credits by foreign nationals in India
Analyse and advise on pending action steps and other uncertain tax positions with views to the possibility of success and defensive actions for recurrence of such issues
The advantages of keeping the contract in place include:.
Aligns expectations —Getting a Founders’ Agreement in place is a good opportunity to talk openly at an early stage to the co-founders about the particular issues underpinning how to operate the venture.
Future possible issues-When you don’t have an agreement in place, it is harder to fix future possible problems. If you are in dispute, you want to be able to point to the specific part of the agreement dealing with that matter instead of battling it out which would possibly spell bad news for you and the company.,
Good governance/best practice-even though corporate legislation is in place, at the outset it is best to set roles and obligations.
The content of each Founders’ Agreement can differ greatly as it details problems that are specific to the start-up in question.
LegalRaasta was founded on the principle that sophisticated legal and taxation services should be simple, modern, and inexpensive. We can serve our clients more efficiently thanks to cutting-edge practise technology.
B-300 Saraswati Vihar,Pitampura, New Delhi-110034