During the last decade, India has emerged as a preferred destination for global companies who want to outsource work to cut cost by way of establishing captive centers.

Captive centers are client-owned-and-operated service delivery centers, generally established in India to have the advantage of competent resources at a reasonable/lower cost. The personnel in a captive facility are legal employees of the organization, not the vendor.

But, incorporating a captive center attracts lot of Initial and subsequent compliances too, which are difficult to handle along with the technical work.

For captive center creation, Amay Sorg can help with the following:

Entry strategy – Options

• Company/LLP incorporation as a subsidiary
• Establishing as branch, project office or liaison office
• Secondment of employees out of India

Compliances in relation to FDI under

• FEMA and RBI
• Filing of form FCGPR/FDI-LLP(I)
• Yearly filing of FLA (Foreign Assets and Liabilities) return

Statutory compliances

• Direct Taxes – All compliances including transfer pricing under international taxation
• Indirect taxes – All GST related compliances and GST Refund
• Payroll taxes and all applicable compliances
• Secretarial compliances

In the current scenario, to turn one’s idea into a reality and to become a successful entrepreneur involves massive risk. So, a well-organized strategy for procuring working capital, maintaining smooth flow of funds, good knowledge of different legal compliances and tax laws is advantageous. Farsightedness regarding changes in policies and economy; and ideas of relevant solutions is critical for the sustenance of any start-up.

For first generation businesses, Amay Sorg can help with the following:

Business structuring

Incorporating an entity

• Company
• Limited liability partnership/A firm

Help in raising the required funds

• Equity capital
• Debt capital

Assistance in making investment decisions

• Aid in structuring deals
• Help in future planning

Statutory compliances

• Direct taxes: All compliances including litigations and representations.
• Indirect taxes: All GST related compliances and GST Refund
• Payroll taxes and all applicable compliances
• Secretarial compliances

In today’s competitive business environment, building a family business as a lasting institution stresses the need to explore opportunities, plan ahead for various challenges, professionalization and developing next-generation leadership to achieve success.

Family-owned companies can face the unique obstacle of regularly dealing with conflict between family and business. The art of managing a family business, is trying to find a balance between both. We help to ensure smooth transition of leadership, as well as

For next generation family businesses, Amay Sorg can help with the following:

• Proposing a suitable structure.
• Mapping aspirations of the next generation as per the current conventions of the family business and work towards betterment.
• Suggest ways to improve the scalability of the business and help in de-bottling
• Taking care of all compliance-related issues.