Cross border transactions represents an enhanced value to the promoters and other stakeholders. By rationalizing the operations, administrations, investments etc. such transactions helps in enhancing the gains in real terms. However, cross-border transactions can generate additional taxes that may erode the benefits derived through operational efficiencies if proper planning is not employed.
At RNCA, we focus primarily on understanding the client’s business objectives. Our experts come up with practical and innovative solutions considering tax as well as non-tax factors for a wide range of transactions.
Our Service Includes structuring:
Knowledge process outsourcing is a form of outsourcing, in which knowledge-related and information-related work is carried out by employees in a different location, which may be in the same country or in an offshore location to save cost. Unlike the outsourcing of manufacturing, this typically involves high-value work carried out by highly skilled staff.
There are many different ways in which firm outsource their finance and accounting functions:
The process of providing the Finance and Accounting Functional Outsourcing Services by placing staff "on-site" at the client location. Large Chartered Accountants' firms across the globe normally face the shortage of the skilled staff especially during the busy season. These are the year-end periods, where in it is inevitable for the service providers to make available the deliverable to the clients, to be submitted to the statutory authorities on time. Normally, the firms have the sufficient staff strength to take care of the clients, but particularly during the busy seasons, a shortage of staff is always felt. We being in the same profession and having the requisite staff can fill the bridge by providing the expertise work for this limited period.
The Advantages of on-site outsourcing can be summarized as under:
The process of providing the Finance and Accounting Functional Outsourcing Services from a remote location. This service type will usually result in the most cost effective solution for companies that select a mature outsourcing vendor as it allows a company to leverage an Outsourcers investment in infrastructure, systems, personnel, and processes.
Direct tax consultancy together with innovative tax efficient strategies, provided by us form an integral part of viable business decisions. These help our clients attain the desired goals. We adopt a "result oriented approach" which is flexible and emphasizes delivery and value. It enhances the effect of commercially viable decisions and minimizes the tax burden.