India Entry Strategy and Entity Formation

Starting your business in India could serve as a lucrative proposition. However, the accounting, tax and regulatory laws in India are complex and can bring up significant challenges. At HSCo, we provide services to ensure that your business can sustain and comply with the demands of the Indian business environment.

This includes

  • Setting up liaison/branch/project office in India under foreign exchange regulations of Reserve Bank of India.
  • Obtaining Foreign Investment Promotion Board (FIPB), for solo or joint venture entry.
  • Company Incorporation and related government approvals.
  • Obtaining registrations and permissions like Income Tax PAN and TAN, Sales Tax (VAT) Registrations, Import Export Code, Excise Registrations, etc required to commence business operations in India.
  • Assisting in staff recruitment and training.

We also assist in exit mechanism procedures.

Investments Abroad and Growth Strategy

Business environments and the legal system around it is ever-changing. In trying to keep pace, there is a need to reassess one's business strategy on a regular basis. We provide perfect end-to-end solutions to assist companies in their growth strategy.

Our advisory services include:

  • Assisting Indian businesses in expanding operations overseas
  • Providing guidance on cost-effective investments abroad
  • Assistance in setting up overseas entity
  • Sharing knowledge of local regulations, culture and customs of other countries for your M&A plans.
  • Providing accounting and tax support services for your overseas operations

Tax and Regulatory Advisory

Paying taxes in India requires a thorough understanding of the taxation system. Our personnel involved are constantly updating themselves to the ever changing rules in the tax system so that they can serve our clients better.

  • Tax Planning.
  • Transfer Pricing Study.
  • Advices and Opinions on specific issues arising under direct and indirect tax laws.
  • Designing tax efficient pay packages for executives / expatriates.
  • Liaison with attorneys abroad with regards to International taxation.
  • Assisting in raising finance including IPO / Private Equity Placement.
  • Undertaking feasibility studies and preparing Project Reports.
  • RBI / Foreign Exchange Regulation matters.
  • Advices on financial or tax impact originating from various contracts like revenue contracts, intercompany transactions etc.
  • Examining impact of various regulations like Income tax, FEMA in M&A transactions.
  • We sincerely appreciate your personal dedication and honest approach in getting the work done as early as possible and in the best interest of the company.

    Ajay Jain
    Counsel (Legal & Taxation)
    & Company Secretary
    Monsanto India

  • You had the necessary accounting expertise to help guide us through your local market. HSCo produces a very good product at a reasonable cost and cares about the quality of their work. I would highly recommend HSCo to other companies looking for a local Indian accounting needs.

    Chris Callesano
    Senior VP, Accounting and Finance
    Moelis & Company

  • Ecolab has had a very satisfying experience with the services offered by HSCo has the capability to provide an array of services like accounting, taxation, payroll processing & business advisory under one umbrella with a very high level of professionalism & technical expertise.

    Sujith Nambiar
    Asst Financial Controller
    Ecolab India.

  • HSCo have been wonderful business partners to work with. At a time when we were a new company (just fresh from an acquisition) they have been high value addition to us in terms of various ranging from data entry, audits, tax advice and consulting on various fronts.

    Sundar Raman
    Nutricia – Danone India

  • It is not only your professional approach that has always been appreciated by us at American, but also your personal dedication and sincerity in getting the work done in spite of all difficulties.

    Gool Masani
    Regional Manager, American Airlines
    India Sub-Continent

  • You and your team have served Pechiney Alumina Resources India Pvt. Ltd. with extreme professionalism over the years that it has been in business.

    Not only providing a pure accounting service but also providing sensible advice when needed.

    John Erskine
    VP Business Development
    Rio Tinto Alcan, Malaysia

  • Our company had no experience with how to do business in India and you and your staff have patiently tutored us in tax & accounting requirements & have assisted us in navigatting our way through various regulatory compliance concerns. Skidmore Owings & Merrill views your team as a valuable resource & look forward to a continued & mutually beneficial business partnership

    Rita Makaris
    Senior Tax Manager, Assistant Controller
    Skidmore, Owings & Merrill India

  • During our interaction with them, we have observed that the firm is honest, transparent, credible and consistently law abiding.

    Anand Raj
    Louis Vuitton India