OTHER ADVISORY SERVICES

CORPORATE ACCOUNTS OUTSOURCING

Cost reduction pressures, increasing regulatory compliance and demands for a closer alignment to the business are driving organizations towards new finance and accounting operating models. Chief Financial Officers (CFO) of leading organizations are leveraging finance and accounting services outsourcing as a strategy to change their operating models.

Accounting Outsourcing allow the clients internal teams to focus on core business issues

• Accounts Payable
• Account Receivable
• Manual/Chart of accounts
• Bank Reconciliation
• Pay Roll Processing
• General Ledger
• Credit Cards reconciliation

BENEFITS OF ACCOUNTING OUTSOURCING

• Low cost of processing, MIS
• Competent Staff on services,
• Planning by experts
• Quality in work
• In time work

INDIA ENTRY SERVICES

Over the world, India has been an investment destination in their global planning strategy. With our exposure and back ground we can advice and facilitate setting up of the company and have it running smoothly. Our service certainly adds value to the entire process and helps the client to focus on commencing its business operations at the earliest. We, thus provide all services under one roof to Clients looking out to explore business opportunities in India. The service envisaged would, inter-alia, include the following:

FORMATION/ESTABLISHMENT AND MANAGEMENT OF:

• India Liaison office
• India Branch office
• India Project office
• Foreign Subsidiary in India
• Preparation of a feasibility study to starts operations in India.
• Capital structuring.
• Domicile Strategy.
• Company incorporation.
• Obtaining initial statutory and regulatory approvals.
• FEMA compliances
• Obtaining EOU approvals.
• Taxation advice on direct taxes and indirect taxes.
• Incubation services

In a nutshell to start operations in India is not a complex process, the government and regulatory mechanism is simple and fast. As in any other country, the procedure does exist, but without multi faceted expertise, it would not deter the client from operations immediately. It is not a long drawn process, in some cases; we have case studies, where companies from outside India have started commercial operations in 5 working days, having started from Square one.

DGFT SERVICES

Major portion of our work focuses on Strategy, Overall Profitability of Foreign Trade Operations of a company and related policy issues viz.:

RECOGNITION AS STATUS HOLDER:

• Export House
• Star Export House
• Trading House
• Star Trading House
• Premium Trading House

DUTY EXEMPTION / REMISSION SCHEME:

• Advance Authorisation Scheme for Physical Exports, Deemed Exports and Intermediate Supplies
• Duty Free Import Authorisation
• Duty Entitlement Pass Book Scheme (DEPB)
• Fixation of standard Input Output Norms.
• Duty Drawback Scheme

Export Promotion Capital Goods Scheme for Imports of Capital Goods (E.P.C.G. Scheme) at Zero Customs Duty, available to Manufacturer Exporter, Merchant Exporter, Service Exporter, Retail Sector and Projects.

PROMOTIONAL SCHEMES:

• Served from India Scheme.
• Vishesh Krishi & Gram Udyog Yojna (Special Agriculture and Village Industry Scheme)
• Focus Market Scheme
• Focus Product Scheme
• Market Linked Focus Product Scheme
• Status Holder Incentive Scripe

INITIAL REGISTRATIONS:

• Obtaining Importer Exporter Code No.
• Registration with Federation of Importer Exporter Organization (FIEO) /Export Promotion Council.
• Arbitration & Mediation Services

ARBITRATION & MEDIATION SERVICES

At Batgach, we provide Arbitration & Mediation related Services. Our work involves following steps

• Bringing together the disputed parties on the table
• Understanding the major point of dispute
• Professionally solving the issue by giving best solution
• Final settlement by satisfying both the parties

We are specialized in handling Financial Arbitration matters. But apart from financial arbitration matters we have good exposure of handling other arbitration matters such as “Commercial Arbitration”, “Family Dispute Arbitration”, “Family Business Succession Planning” etc.

ARBITRATION

“Any dispute or difference whatsoever arising between parties in relation to the construction, meaning and operation or effect of this contract or the breach thereof or any other commercial or professional or industrial dispute amongst the parties shall be settled by arbitration in accordance with these rules and award made in pursuance thereof shall be binding on the parties”.

• Arbitration is where an impartial person or organization makes a decision on a dispute.
• It can be an alternative to a court of law but it is voluntary so both sides must agree to abide by the arbitrator's decision.

Arbitration involves an impartial outsider being asked to make a decision on a dispute. The arbitrator makes a firm decision on a case based on the evidence presented by the parties. Arbitration is voluntary, so both sides must agree to go to arbitration; they should also agree in advance that they will abide by the arbitrator's decision. Arbitration can be seen as an alternative to a court of law with its rules for procedures such as disclosure of documents, evidence and so on. But arbitration is private rather than public. Unlike a court, in an arbitration hearing the Arbitrator will ask the questions. There is no formal cross-examination or swearing of oaths.

MEDIATION

Mediation is a completely voluntary and confidential form of alternative dispute resolution. It involves an independent, impartial person or organization helping two or more individuals or groups reaches a solution that's acceptable to everyone. The mediator can talk to both sides separately or together. Mediators do not make judgments or determine outcomes - they ask questions that help to uncover underlying problems, assist the parties to understand the issues and help them to clarify the options for resolving their difference or dispute.

CFO SERVICES

Establishing large entities require management input. Such companies are not large enough to have their own CFO & finance team but at the same time require the expertise of CFO. The management team offers these companies such services, which would bridge the gap & render services to enable the corporate to take decisions & usher financial discipline.

CFO Services is a one stop shop for Startups, SME's and companies in need of a CFO. CFO Services has a team of expert who have a combined experience of decades and who are well qualified. These include Chartered Accountants, Business Analysts and Investment Bankers. The firm has Senior Management Professionals with decades of experience that provides compliance, financial & accounting solutions. The seniors Advisors provides the firm with the requisite depth & experience which enable the company to provide the best benchmarked services in the industry.

CFO SERVICES INCLUDES

• Operational Accounting
• Restructuring/Turnaround
• Financial Reporting
• Fraud Analysis & Recovery
• Funding Assistance
• Financial Restatement
• Audit Preparation
• Internal Controls Testing
• Transaction Services
• Employee Training
• Inventory Management Litigation Support
• Business Incubation & Acceleration
• Personal Coaching & Mentoring Services

CORPORATE LAW & REGULATORY SERVICES

The firm offers statutory reports & regulatory reports in several commercial law & statutes

In order to comply with several regulatory, secretarial and legal enactments, companies have to interact with many Government departments like Registrar of Companies, Software Technology Parks of India, Reserve Bank of India, Director General of Foreign Trade, Provident Fund etc.

BUSINESS SET UP SERVICES

Setting up business in India has been liberalized over the years; still it requires company formation approvals and several approvals, legal compliances and registration with various authorities.

• Incorporation of Public & Private Limited Companies.
• Obtaining licenses and incorporation of section 25 companies (for promoting commerce, art, science, etc.)
• Incorporation of Part IX Companies (e.g. Producer Companies).
• Incorporation of Limited Liability Partnership (LLP).
• Conversion of existing business entities into Company / LLP.
• Registration of foreign companies in India (Branch offices / Liaison offices / Project offices).
• Registration of wholly owned subsidiaries of Foreign Companies, in India.
• Registration of Company with RBI as NBFC, Primary Dealers, Assets Reconstruction Companies, etc.
• Registration of Company with SEBI as Mutual Fund, Stock and Sub Brokers, Portfolio Managers, Venture Capital Funds, Merchant Bankers and other intermediaries.
• Obtaining license and formation of a company/unit in SEZ’s/ EOU’s/ STP.
• Joint Ventures / Foreign Collaborations.

CORPORATE RESTRUCTURING

• Amalgamation / merger / takeover / compromise
• De-merger / split / spin off or hive off - of division or business into separate company
• Slump Sale
• Revival of defunct / sick companies
• Joint venture / foreign collaborations / alliances

SEBI COMPLIANCE & LISTING AGREEMENTS

• Delisting of Shares
• Initial Public Offering
• Right & Bonus Issues
• Buy Back of Securities
• Take Over

LISTING AGREEMENT COMPLIANCE

• Secretarial Audit
• DEMAT of Shares
• Periodical return
• Transfer of Securities

OTHER ALLIED SERVICES

• Applications with and Approvals from ROC/Regional Director/ Company Law Board / Central Government on various matters under Companies Act, 1956.
• Annual secretarial Audit
• Compliance under Companies Act, FEMA, Listing Agreements
• Issuing Compliance Certificate
• Application for striking off the name of the Company.
• Inspection of Companies and obtaining Certified true copy of the required document
• Certification required under Company Law matters.

REAL ESTATE ADVISORY SERVICES

Batgach serves to its clients with a wide array of innovative solutions. Batgach strives to consistently deliver levels of service and success beyond the client’s expectations. We offer the best possible services for quality real estate deals as we are a one stop shop for all your real estate requirements. Our multi-disciplined specialists provide a variety of strategic brokerage and consulting services that enable our clients to achieve their business and financial goals. Our reputation for uncompromising professionalism in everything we do is earned day in and day out by serving our clients and earning their trust.

• Agency Leasing
• Capital Markets
• Corporate Finance
• Hospitality & Leisure
• Facilities Management
• Property & Asset Management
• Consulting & Project Marketing
• Energy & Sustainability
• Investment Advisory & Sales
• Research
• Valuation & Advisory

LEGAL SERVICES

You need legal expert who understand your business, who can look beyond individual deals to the business and industry drivers and provide guidance that is as commercially smart as it is legally correct. We at Batgach provide all kind of legal activities.

• General Commercial agreements
• Conveyance Agreements
• Financial Collaboration agreements
• Shareholders / Share Subscription agreements
• Joint Venture Agreements
• Development Agreement
• Non-disclosure agreement and Non-Competition agreements. (NDA / NCA)
• Deed of Assignment
• Intellectual Property Assignment /Licensing agreements
• Technology, Marketing and Distribution agreements
• Employment Agreements
• Franchise agreements
• Deeds, Bonds and Loan documentation
• Lease and License / Lease / Sub-Lease Agreements
• Will and Codicils / Family Arrangement Agreement
• Relinquishment Deed
• Gift Deed
• Partnership Deed
• Agreement for Sale / Sale Deed
• Affidavit/ Indemnity Bonds/ Power of Attorneys and Memorandum of Understandings (MOU)
• Formation of Trust / Society / NGOs
• Stamp duty Adjudication
• Registration of property documents
• Trust and Society formation and Settlement
• Co-operative Housing Society Formation and Compliances

STPI & SEZ COMPLIANCE

The firm offers statutory reports & regulatory reports in several commercial law & statutes. Representation before taxation authorities at several stages of assessments & approvals. Taxation authorities include the Income Tax authorities, Commercial Tax & other statutes. The firm offers its services for several registrations under the Software Technology Park of India scheme, export oriented unit scheme, special economic zone (SEZ) registrations & such related Statutory registrations.

Labour Administrations – the firm represents for labour registrations in the nature of Provident Fund, Employee Insurance Fund & labour welfare establishment acts.

PREPARATION OF “ACCOUNTS MANUAL AND FINANCIAL PROCEDURE MANUAL” INCLUDING WITH/WITHOUT ERP INTEGRATION

The Accounting and Financial Manual provides an overview of accounting and financial principles for reporting their financial activities. Batgach has prepared “Accounts Manual and Financial Procedure Manual” for various organizations. We are providing these services to various clients including with/without ERP integration. These manuals are prepared keeping in view the existing procedures, statutes governing the Organization, the requirements and other factors applicable to each organization. These systems are developed for the economy, optimum utilization of resources, internal controls, Management Information System under the special requirements of the organization.

To improve your financial Accounting and financial reporting and keep you abreast of new developments in corporate reporting, our experienced professionals will provide you with a combination of technical advice and advance support tools.