Tax Consulting Services in India
Who We Are
Business Setup Worldwide is a platform to help you start your company. Right from incorporation, registration and licensing to establishing your office space, we facilitate the setting up of your business through counselling and incubation.
Business-specific customized service, comprehensive capability across varied segments of industry, proactive and continuous learning in the global business market, and the ability to foster a company’s business objectives, providing comprehensive support in executing its strategies, distinguish Business Setup Worldwide, and provide you the competitive edge in ensuring that your business flourishes.
Business Setup Worldwide's proprietary business design techniques, combined with its specialized industry knowledge and global reach, enable companies to anticipate changes in customer preferences and the competitive environment, and then design their businesses and improve operations adapting to market changes.
Why Does a Business Need Tax Consulting Services?
Tax is not just an additional expenditure in a company’s cash flows but also such a significant cost impact that companies, especially those in the manufacturing and distribution sectors, often mould their financial management strategies around the tax regulations of a country. Decisions over taxation can save or cost a company a substantial amount of money. It is worthwhile for a firm to develop a proper tax regime with respect to its operations and locations to make the most of the tax laws applicable in a region.
Business Setup Worldwide provides the following tax consulting services.
- Representation before tax authorities
- Advisory services for local and international clients in the area of corporate and personal taxation
- Tax withholding for employees
- Procedural compliance, including registration, assessments, etc.
- Periodical compliance, including computing service tax liability, computing input credit, depositing of tax, income tax return filing, etc.
- Vetting of contracts and agreements, and reducing the overall incidence of service tax
- Advisory services to find out applicability of value added tax (VAT) and central sales tax (CST)
- Computing VAT, CST liability and input credit, depositing tax, and preparation and filing of returns
Benefits of Availing Tax Consulting Services
Tax experts guide and monitor the financial standing of a company and design strategies to reduce tax liability by suggesting appropriate investments, cost of production and services. Within the ambit of tax norms, tax consultants recommend suitable approaches to companies and individuals to reduce all tax related obligations. Following are the advantages of tax consulting services:
- A lot of time of the firm otherwise spent in preparing/filing tax returns is saved
- Perhaps the most important function of a tax consultant is to keep a company compliant with its tax obligations
- Through tax consulting, a firm can structure its affairs to minimise tax liability
- Help can be had over researching and analysing tax legislation, updating as per the same when required
- It is favourable to have a ready reference for handling one’s tax issues
As a specialist firm, Business Setup Worldwide offers a wide range of financial planning services. We understand the importance of financial planning in a company’s strategic expansion. Our team comprises investment counsellors, financial advisors and tax consultants, to facilitate the tax filing and claiming process for you. We are well equipped to save you money on tax and guide you in building your company’s tax system.