We know that all NRIs enjoy tax free income as they already pay a share of their income to the country residing in. But very few of us are aware of the problems faced by the NRIs if they plan to come back or plan to get settled in India permanently. Probably all the NRIs should be well prepared by hiring the NRI services as they as they will have to pay income tax as per the rules of Indian government.
There are many agencies providing NRI services Bangalore. These agencies offer a range of NRI services such as assistance and advisory services related to property transactions, banking transactions and consultancy services.
These agencies provide assistance and advisory on banking transactions such as inward and outward transactions, loans and borrowings, bank deposits and interaction and coordination with the bank. Those looking for property investments can seek investment advise, taxation advise, advise on repatriation of funds, assistance in legal matters and assistance in execution of the transactions. The firms offering NRI services Bangalore also provide assistance in finance and tax planning.
A foreign company setting up in India also faces several problems. They should know the rules and regulations of the country before venturing in. Here also corporate law firms can prove to be a great rescue for such enterpreneurs. They can help them in exploring Indian market and setting up operations in India. Such companies can either establish project office, branch office, wholly owned subsidiary liason office or a joint venture with local partners.
The agencies providing assistance to foreign company setting up business in India offer end to end services such as pre-incorporation consultancy, incorporation services, post incorporation services, back office management such as accounting and payroll, tax advisory services, compliance management services and compliance related to RBI.
These firms not only assit you during the establishment of your firm but also offer valuable inputs throughout its functioning to ensure profit maximisation, growth and development of your business.
About Balakrishna Consulting
Balakrishna Consulting is a leading corporate law firm of company secretaries, cost accountants, advocates and CA in Bangalore. The company is specialised in providing company incorporation services, company formation, LLP registration, assistance in setting up business in India, NRI services and accounting and payroll services. Balakrishna Consulting has been delivering services to around 50 foreign clients from 23 different nations such as France, UK, USA, Spain, Holland, Hungary, Taiwan, China, Singapore, Japan, South Africa and South America. BCL is associated with MSI Global Alliance (MSI), a top ranked global association of independent accountancy and law firms.
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