Practice Areas

As a professional services firm, we know that value and trust are the ingredients of a quality relationship - and that they are earned over more than a single engagement. We are a very focused tax & regulatory services firm. No matter how big you are, public or private, and in what industries or sectors you do business, we can help you work smarter, and reach your goals. Have a look at the services we offer, below. And let's talk.

Corporate Tax

 

Indian tax legislative and judicial environment is constantly evolving, along with globalization, economic shifts, and operational adjustments.  Ever changing legislation and rules are matched only by the new methods devised to make the discharging of tax liabilities as efficient as possible.

 

When it comes to tax planning and strategy, every case is unique. Our approach remains versatile with an awareness that individual issues must be dealt with on their own merits but with the overall, long-term considerations always in mind.

 

Our corporate tax services cover the following broad areas:

 

  • Comprehensive advice on planning, compliance and reporting needs

  • Assistance in filing various tax returns and making adequate disclosures

  • Provide corporate tax litigation assistance, including representation services

  • Assistance in seeking tax administrative rulings

  • Undertaking other compliances viz. tax registrations, NIL / lower withholding tax certificates from tax authorities, certification, etc

International Tax

 

We provides range of services to businesses that work in different tax jurisdictions aim to reduce their overall tax liability and discharge statutory obligations in foreign jurisdictions.  

 

The cross-border movement of expatriates has resulted in a need for understanding the remedies that are available under the Double Taxation Avoidance Agreements.

 

We can assist you in the following areas:

 

  • Advice on international holding structures and cross boarder investment

  • Assisting clients with competent authority proceedings for resolution of international tax disputes to achieve a mutual agreement between the Contracting States to a treaty

  • Advise on planning of group intellectual property assets

  • Assistance in efficient utilisation of tax treaty networks

  • Structuring of cross-border business models to implement tax-effective repatriation and exit arrangements

  • Assistance with withholding tax obligations of foreign companies in India

  • Advice on new and emerging regulations and provisions such as General Anti-avoidance Rules, Place of Effective Management, Controlled Foreign Companies and Treaty Override Provisions

Transfer Pricing and APA

 

Over the last decade, Transfer Pricing has evolved into one of the most challenging tasks with its potential to have a significant impact on business. 

 

Significant increase in transfer pricing disputes and a global focus on base erosion and profit shifting has ensured transfer pricing is a focus area for all stakeholders.  It is our view that strategic dispute management (such as through APAs or alternative resolution techniques) on a global basis will become increasingly crucial in companies’ efforts to sustain their global transfer pricing strategies.

 

Our professionals have significant experience in transfer pricing matters and have worked on developing and implementing complex transfer pricing solutions for clients in several sectors.

 

Our key services offerings include:

 

  • Assistance in developing and implementing transfer pricing strategy and policies

  • Assistance with documentation requirements to support the planning and positions adopted

  • Advice on tax-effective supply chain models

  • Controversy management, including representation for audits, litigation support and assistance with competent authority negotiations

  • Evaluation of and seeking Advance Pricing Agreements

Foreign Exchange Regulations

 

Investments outside India by person resident in India are governed by Foreign Exchange Management Act 1999 (“FEMA”).  The apex foreign exchange regulatory authority in India is the Reserve Bank of India (“RBI”) which regulates the law and is responsible for all key approvals.  FEMA regulates all aspects of foreign exchange and has direct implications on external trade and payments.

 

Our professionals on a regular basis advise on the Indian regulatory framework in relation to business models being followed, transactions, investments, remittances etc.  We also provide assistance in the setting up of business, obtaining approvals from various regulatory authorities (including RBI, SEBI, FIPB, DIPP, SEZs) and providing solutions to complex regulatory challenges.

 

In this respect, below are our key services offerings:

 

  • Assistance in setting up a branch office, liaison office and project office in India as well as overseas and advising on the approaches required in that matter

  • Advise on aspects of foreign exchange law

  • Assistance in foreign exchange filing and compliances

  • Carry out compliance health check and regulatory risk analysis of past compliances

Merger and Acquisitions

 

Mergers & Acquisitions and internal restructurings are becoming the norm for businesses seeking growth and efficiencies.  Tax and regulatory issues play a key role in ensuring the success of M&A and restructuring activities, both in a domestic as well as cross-border context.  Every restructuring exercise is unique and each one involves a different set of challenges.  Our approach to restructuring is founded on cutting edge technical skills, creative solutions and the ability to implement those on ground, in a variety of contexts such as mergers, hive offs, asset sales, capital restructurings, and profit repatriation.

 

We provide comprehensive solutions for all aspects of M&A and restructuring activities including acquisitions, mergers, demergers, restructuring of family holdings, joint ventures and other group restructurings.  We also provide post-deal integration and compliance support.

 

The scope of our work extends across the following areas:

  • Acquisition/divestment structuring

  • Valuation Support

  • Corporate restructuring: merger, demerger, business/asset sale

  • Capital reduction, buyback

  • Inbound or outbound acquisition, sale of shares/business

Tax Strategy and Advisory

 

Taxes may be a significant cost for doing business and hence, upfront advice can help in attaining tax efficiency.  We endeavour to adopt a ’handholding approach ‘which encompasses various aspects of tax advisory.

 

Our key services offerings include:

 

  • Advise on domestic, international and cross-border transactions

  • Advise on withholding tax obligations on payments

  • Advise on prevalent legislation and policies

  • Assistance in business and individual tax planning, projections, and valuations

© 2016 by K R Girish & Associates

K R Girish & Associates


Tel: +91 804227 7076/+91804219 2002
Email: krgirish@krgirish.com
Address: Unit 104, First Floor, Brigade IRV Centre, Nallurhalli Main Road, Whitefield, Bangalore - 560 066

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