Professional Services
 
Audit
Our audit teams work closely with you to understand your business and vision. We review internal and external factors, from systems and internal processes to environmental factors, allowing our audit teams to quickly assess the risks associated, and form a well-considered opinion. This careful process is the basis of our recommendations for improving and strengthening your business operations. MK offers comprehensive audit services for both local and overseas reporting requirements including restatement of accounts for GAAP and IAS compliance, Business Performance Assessments (BPA), and is also authorised to issue audit reports on financial statements.
 
Taxation
India’s rapidly-changing tax regulations make ongoing tax planning an essential part of doing business in India. MK has extensive experience in providing tax services to foreign and domestic enterprises, as well as individuals and representative offices. Through our long, close working relationship with the tax authorities MK offers comprehensive taxation services including developing tax-optimisation structures and transfer pricing policies in line with corporate international strategy, compliance with Indian tax regulations, liaising with tax authorities and preparation and submission of tax returns.
 
Company Registration
With the continuity between the political and business environment in India, it is of utmost importance that companies fully understand and comply with Indian regulations when setting-up and maintaining operations in India. We have a close listening ear to underlying policy trends and relevant regulations allowing us to assess the impact on our clients and recommend requisite changes. MK assists clients in setting up Wholly Foreign Owned Enterprises ("WFOE"), Equity Joint Ventures ("EJV"), Cooperative Joint Ventures ("CJV") and Representative Offices ("RO"). We provide services such as annual filing of returns, license renewals and other administrative requirements to allow you to focus on your core business activities.
 
Legal
MK provides a full range of legal services through its affiliate legal team. Rapid changes in the national legal system in India require that foreign companies working in and with India need legal services of the highest quality. Our legal team is experienced in providing valuable assistance in India's modern business and legal environment. Its partners have experience practicing law since the reestablishment of India's legal profession, and also have vast experience working with foreign law firms.
 
 Exchange Control Laws
 With the substantial liberalization in exchange control regulations, India has become an attractive destination for overseas organizations.  This liberalization coupled with increased buoyancy in the Indian economy has also greatly facilitated the decision of Indian investors to set-up a business or base overseas.  Our range of services in this area includes:
  • Advising in designing a structure for inbound and outbound investments;
  • Advising on setting up joint ventures/subsidiaries with non-resident participation and obtaining approvals from the Foreign Exchange Promotion Board/Reserve Bank of India, as the case may be;
  • Advising on External Commercial Borrowings (ECBs) and obtaining the necessary approvals;
  • Advising on transfer of shares from residents to non-residents and vice versa and
  • Advising on setting up of liaison offices and branches in India and overseas.


 
     
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