Proper Financial Structuring, Precise Accounting & Apt Controls are prerequisites for success of any business in India

Proper structuring of equity and debt, inter alia, involves consideration of exchange control and tax implications in order to ensure that the Indian entity does not suffer from any inefficiency which might affect its long-term strategy. Further, to sustain the operations in India, it may be prudent to raise finance from local banks & financial institutions. Similarly, precise accounting of the transactions involved in Indian operations is essential to ensure compliance with Indian GAAP as well as with IFRS & US GAAP as may be required under specific circumstances. Development, institution & regular monitoring of internal control systems are also essential to ensure integrity of operations and prevent frauds, mismanagement, etc apart from ensuring compliance with Sarbanes-Oxley Act. Our Financial & Accounting Services Team provides comprehensive service in these areas which includes :

Financial Services :
  •  Structuring of the capital of the Indian entity
  •  Obtainment of approvals of FIPB or RBI for investment in Indian entity/operations
  •  Negotiation with banks & financial institutions for raising finance required for setting up the manufacturing operations in India
  •  Negotiation with banks in India for raising finance required for working capital
  •  Negotiating with mutual funds, foreign institutional investors and venture capital funds for placement of equity/debt
  •  Obtaining approval for raising external commercial borrowings to part finance the cost of setting up of Indian operations
  •  Restructuring of debt to reduce interest cost
  •  Advise on tax efficient way of conducting treasury operations
Accounting Services:
  • Maintenance of all Accounting records in respect of Indian operations and ensuring audit of the same and filing of Annual Accounts and other necessary documents with the concerned authorities
  • Maintenance of all statutory registers including those in respect of meetings of the board of directors and shareholders and filing of all documents/returns with the statutory authorities like Registrar of Companies, etc.
  • Formulation and institution of suitable systems, procedures & checklists to ensure internal controls and audit trails
  • Providing assistance to Indian entity to comply with Indian GAAP, IFRS & US GAAP
  • Providing assistance to Indian entity to comply with the provisions of Sarbanes-Oxley Act and/or Clause 49 of the Listing Agreement relating to Corporate Governance
For more details contact cas@indiabizsolutions.comontact
 
   
   
 
 

Copyright® 2005 Indiabizsolutions

Disclaimer