global tax services

Global Tax Services

With multi-national enterprises across the world showing increasing interest in investing in India, having an insight into India’s complex and dynamic regulatory and tax systems becomes crucial, in order to boost growth and expand opportunities. Conversely, Indian organisations aiming for a global reach face mounting regulatory pressures, strict and diverse reporting standards, and sophisticated revenue authorities. Being prepared for changes, developments and consequent challenges in these spheres is pivotal for any organisation to achieve its full potential.

GKM understands the challenges organisations face while navigating this complex tax environment. Reducing tax burden, while minimizing associated risk, is a significant factor in the bottom-line success of global operations. Our professionals ensure compliance, and help you align your tax strategy to your business strategy.

Our focus areas offer unique international tax services that help increase cash flow and/or decrease effective tax rates.

We ensure compliance with the most recent tax laws and shield against the many risks inherent in international businesses.

NRI Tax Advisory:
Owing to globalization, the importance of FBAR / FEMA compliance has increased manifold. GKM offers its non-resident clients the following services:

  • Investment & Tax Advisory & compliance with RBI & foreign exchange stipulations
  • Making prescribed applications to Reserve Bank of India for various FEMA and RBI regulated transactions
  • Advisory services related to FEMA / RBI matters
  • Investments in foreign companies/partnerships by US citizens
  • Reporting of foreign gift
  • PFIC investments
  • Establishing WOS in USA / India

GKM can assist non-resident Indians with the following FDI matters in addition:

  • Allotment of Shares to non-residents
  • Transfer of shares from Indian resident(s) to non-resident(s)
  • Setting up Partnership / Partnership by NRIs or persons of Indian origin
  • Complete FEMA compliance management

GKM can offer advice on the following tax issues to resident Indians, NRIs and foreign nationals.

  • Professional Preparation of Tax Returns.
  • Application of advanced tax planning strategies.
  • Indian Wealth Tax return Preparation.
  • FEMA / RBI Related Services including Reparation of Income.
  • Tax Representation in front of Statutory Authorities.
  • E-Filing & Paper Filing of tax returns.

Applicable to

  • US residents having Income In India.
  • First year Migrants.
  • Applicable to foreign nationals who own property in India and are required to file wealth tax returns.
  • Indian Residents living abroad and having income (Rental, Investment, etc) in India.