This service is used by companies that have already set up business operations abroad and require their transactions to be vetted from time to time. The objective being that the company should follow a tax optimization policy in relation to its Indian and overseas operations. In fact, real time services are rendered so that potential issues are spotted in advance rather than after they have occurred, as solutions may be more expensive to implement then.

Advice is rendered from time to time on international tax issues that may arise on the basis of contracts being signed overseas, employees being sent overseas, etc. For instance, software companies may have signed service contracts with overseas clients and not factored the correct amount of taxes payable abroad especially if a contract continues for a longer period. This service would pre-qualify any new client contract and ensure that all taxes are factored in so that the contract pricing can be negotiated more accurately.

Any international advice generally requires vetting from a tax adviser in the concerned jurisdiction. We coordinate this with the concerned experts with the advantage that we speak the same technical language. Of course the difficulty with several countries is that not only do languages differ but the same legal word may also differ. Time differences also ensure that our staff does spend late nights coordinating issues and seeking clarifications from overseas lawyers, advisers, etc.

The costs of such advice are kept as low as possible since most of the planning is undertaken from our offices in India on the basis of an extensive database of information that we keep updated regularly and the fact that the design of the query to overseas consultants is prepared in a more focused manner.